News

Economic & Recovery News Release: 5/18/2022

May 18, 2022 Content Curated By Scott Goldstein  INSIDE TODAY'S UPDATE N.J. Chamber President Tom Bracken: With the state's $10 billion in additional surplus, more help should go to businesses. 'Long COVID' is a growing New Jersey concern, with cases climbing among kids and adults. Lionsgate Newark Studios, a 12-acre TV and film production facility, is planned for Newark's South Ward. N.J. Chamber President Tom Bracken: With the State's $10 Billion in Additional Surplus, More Help Should Go to

Economic & Recovery News Release: 5/19/2022

May 19, 2022 Content Curated By Scott Goldstein  INSIDE TODAY'S UPDATE More COVID-19 cases and more hospitalizations are coming, state models predict, but severe disease is likely to remain stable. What is inflation doing to New Jersey's state budget? A bill calls for using the state's swelling cash surplus to offset impending unemployment tax hikes on employers. More COVID-19 Cases and more Hospitalizations Coming, State Models Predict, but Severe Disease is Likely to Remain StableCOVID-19 will continue

Econewomic & Recovery News Release: 5/17/2022

May 17, 2022 Content Curated By Scott Goldstein  INSIDE TODAY'S UPDATE N.J. Chamber: 'Let's use some of the state's billions in new cash to strengthen the state's business climate' U.S. retail sales rose 0.9% in April, a solid increase underscoring Americans’ ability to spend as inflation persists. Federal government is offering additional COVID-19 tests, free of charge. N.J. Projects Billions More in Revenue after Income Tax CollectionsThe nonpartisan Office of Legislative Services reported yesterday that

Economic Recovery & Reopening Update: 5/13/2022

Economic & Recovery News Release: 5/11/2022

May 11, 2022 Content Curated By Scott Goldstein INSIDE TODAY'S UPDATE Pandemic gets tougher to track as COVID-19 testing plunges. U.S. inflation hit 8.3% last month, but slowed from 40-year high. As state revenues rise, N.J. leaders think about next downturn.  Pandemic Gets Tougher to Track as COVID-19 Testing PlungesCOVID-19 testing has plummeted across the globe, making it tougher for scientists to track the course of the pandemic and spot new viral mutants as they emerge and spread. Experts say testing

Economic & Recovery News Release: 5/12/2022

May 12, 2022 Content Curated By Scott Goldstein INSIDE TODAY'S UPDATE N.J. Treasurer Elizabeth Muoio tests positive for COVID-19, and postpones state revenue update. Inflation stays hot as wholesale prices jump 11% in April. How are parents coping as shortage of baby formula continues? (Subscription may be required to open this article)N.J. Treasurer Elizabeth Muoio Tests Positive for COVID-19, and Postpones State Revenue UpdateState Treasurer Elizabeth Muoio was scheduled to appear today before the state

Economic & Recovery News Release: 5/10/2022

May 10, 2022 Content Curated By Scott Goldstein INSIDE TODAY'S UPDATE Two-thirds of N.J. now has medium levels of COVID-19 transmission, CDC says. ‘Stealth’ subvariant is driving COVID-19 up in New Jersey. More than 1.5 million low-income N.J. residents could get affordable high-speed internet under federal plan. Two-thirds of N.J. Now has Medium Levels of COVID-19 Transmission, CDC ReportsTwo-thirds of New Jersey counties have hit “medium” community transmission levels, just two weeks after the entire

Economic Recovery & Reopening Update: 5/6/2022

NJ ChamberEconomic Recovery & Reopening Update  May 6, 2022 Content Curated By Scott Goldstein INSIDE TODAY'S UPDATE U.S. added 428,000 jobs in April despite surging inflation. COVID-19 coverage for all dries up even as hospital costs rise. Postmaster general: Get used to ‘uncomfortable’ rate hikes. U.S. Added 428,000 Jobs in April Despite Surging InflationAmerica’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the

Economic & Recovery News Release: 5/5/2022

 NJ ChamberEconomic Recovery & Reopening Update  May 5, 2022 Content Curated By Scott Goldstein INSIDE TODAY'S UPDATE World Health Organization: Nearly 15 million deaths associated with COVID-19 Fed raises key rate by a half-point in bid to tame inflation. How it will affect Americans. Small businesses still struggle to find enough workers. WHO: Nearly 15 Million Deaths Associated with COVID-19The World Health Organization estimates that nearly 15 million people were killed either by coronavirus or by its

Economic & Recovery & Reopening News Release: 5/4/2022

May 4, 2022 Content Curated By Scott Goldstein INSIDE TODAY'S UPDATE CDC restates recommendation for masks on planes, trains and buses. Even as COVID-19 cases rise, mask mandates stay shelved. The Biden administration is temporarily extending the window for expired work permits amid backlog. CDC Restates Recommendation for Masks on Planes, TrainsThe CDC on Tuesday restated their recommendation that Americans wear masks on planes, trains and buses, despite a court ruling last month that struck down a

Economic & Recovery & Reopening: News Release: 5/3/2022

May 3, 2022 Content Curated By Scott Goldstein INSIDE TODAY'S UPDATE Fed to fight inflation with fastest rate hikes in decades. U.S. Employers post record 11.5 million job openings in March. As New Jersey gets back to work, its transportation agencies are struggling to keep up. Fed to Fight Inflation with Fastest Rate Hikes in DecadesThe Federal Reserve is poised this week to accelerate its most drastic steps in three decades to attack inflation by making it costlier to borrow — for a car, a home, a

Economic Recovery & Reopening Update: 4/27/2022

 NJ ChamberEconomic Recovery & Reopening Update  April 27, 2022 Content Curated By Scott Goldstein INSIDE TODAY'S UPDATE CDC estimates that 3 in 4 kids have had coronavirus infections. Biden administration expands availability of COVID antiviral pill. Guide to COVID-19 treatments. Rule 1: Pills must be taken within 5 days of first symptoms. The CDC Estimates that 3 in 4 Kids have had Coronavirus InfectionsThree out of every four U.S. children have been infected with the coronavirus, and more than half of

Economic & Recovery Update: News Release: 4/26/2022

April 26, 2022 Content Curated By Scott Goldstein INSIDE TODAY'S UPDATE COVID stealth variant on the rise. Jersey balks at return of mask mandates.  Irish investment in N.J. COVID Stealth Variant on the RiseNew Jersey on Monday reported three new COVID-19 deaths across the state and 1,275 new confirmed positive tests as the so-called “stealth variant” has risen to 89% of tests sampled earlier this month. The state’s seven-day average for confirmed cases was 1,805 on Monday, up 7% from a week ago, and up

Economic Recovery & Reopening Update: 4/22/2022

 NJ ChamberEconomic Recovery & Reopening Update  April 22, 2022 Content Curated By Scott Goldstein INSIDE TODAY'S UPDATE CDC: COVID cases rising in NJ. Philly walks back mask mandate. NJEDA looking at diverse developer fund. CDC: COVID Cases Rising in NJRecent holiday gatherings, a rebound in travel and an overall decline in mask-wearing have caused New Jersey COVID cases to start rising again after the steep downturn following the winter omicron surge. The federal Centers for Disease Control and Prevention

Economic Recovery & Reopening Update: 4/25/2022

  NJ ChamberEconomic Recovery & Reopening Update  April 25, 2022 Content Curated By Scott Goldstein INSIDE TODAY'S UPDATE COVID-19 shots still work, but researchers are hunting for improvements. At N.J. Chamber Summit, businesses call on Legislature for relief and action.  Saving Ellis Island from rising oceans. COVID Shots Still Work but Researchers Hunt for ImprovementsCOVID-19 vaccinations are at a critical juncture as companies test whether new approaches like combination shots or nasal drops can keep

Economic Recovery & Update News Release: 4/21/2022

April 21, 2022 Content Curated By Scott Goldstein INSIDE TODAY'S UPDATE Chamber expo a “pleasant surprise.” WHO: COVID-19 cases decreasing globally. CDC won’t endorse fourth COVID booster. Chamber Expo a “Pleasant Surprise”New Jersey Chamber of Commerce CEO Tom Bracken said all of the panels at the first ReNew Jersey Business Summit were well received. As was the talk by Gov. Phil Murphy. And the event featuring key leaders in the Legislature. But, there was another aspect of it that let him know the

Economic & Recovery Update News Release: 4/20/2022

April 20, 2022 Content Curated By Scott Goldstein INSIDE TODAY'S UPDATE Travelers react to the end of the federal mask mandate. See photos of the N.J. Chamber's business expo in Atlantic City. More nurses graduate, but hospitals are still short-staffed. Travelers React to the End of the Federal Mask MandateIn New Jersey, PATH trains are the only public transportation on which riders are required to wear masks. Not everyone is on board with the changes. Pointing to rising COVID-19 case numbers nationwide,