News

A Bill Calls for Using the State’s Swelling Cash Surplus to Offset Impending Unemployment Tax Hikes on Employers
Assembly lawmakers are set to advance a bill to defray unemployment insurance tax hikes on businesses Thursday, their bid fueled by the state’s ample surplus cash. The automatic tax hikes are intended to replenish New Jersey’s unemployment trust fund, which pays out...

What is Inflation Doing to New Jersey’s State Budget?
The effects of high inflation – and ongoing efforts to rein it in – are looming large as New Jersey lawmakers get ready to draft a state budget that must be adopted within a matter of weeks. With annual inflation running over 8% nationally, New Jersey is flush with...

More COVID-19 Cases and more Hospitalizations Coming, State Models Predict, but Severe Disease is Likely to Remain Stable
COVID-19 will continue to infect and hospitalize a growing number of New Jerseyans well into July, according to the state’s latest predictions, but the level of severe disease – and likely death – is expected to remain fairly stable all summer. While some experts see...

Lighthouse Plaza in AC Sells for $17M
Commercial real estate brokerage firm Marcus & Millichap announced the sale of Lighthouse Plaza located at 300 Atlantic Ave. in Atlantic City. The 189,935-square-foot mixed-use property sold for $17 million, according to Sean Beuche, regional manager of the firm’s...

New private bus service between Philadelphia, NYC and South Jersey shore
A new bus service from Philadelphia and Manhattan to five towns on the Jersey shore begins Thursday. OurBus will launch the new routes on May 19, the company said, to Absecon, Ventnor, Margate, Ocean City and Wildwood. They will include the “first and only direct...

New Jersey casinos pass pre-pandemic revenue levels in April
New Jersey’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $422 million from gamblers in April, up 20% from a year earlier, figures released Monday show. And the casinos’ core business, revenue won from...
What will N.J. do with all those extra billions pouring in? Some push tax breaks.
New Jersey residents are fueling a surge in state tax revenues unlike any in modern history, and budget analysts are set to unveil another historic revenue update when they appear before state lawmakers in Trenton Monday. New Jersey’s Office of Legislative Services...

Why kindness makes all the difference for our nurses and health care workers
During National Nurses Week, we reflect on the immeasurable impact of our nursing community. Our nurses are expert clinicians, educators, friends, confidants and more, often in the same moment. They provide a personal connection that’s so important to achieving the...

Projection: NJ cannabis could be a $2B industry in five years
Edmund DeVeaux looks forward to a time when a cannabis store downtown in your community does not draw any more notice than a liquor store or a restaurant. “You wouldn’t think twice about the fact that there is a liquor store on Main Street,” he said. “It will just be...

Thousands of runners rock ‘n’ roll across Atlantic City
Surmounting a two-year pandemic stumbling block, runners were finally able to rock and roll across the Boardwalk on Sunday. The inaugural Rock ‘n’ Roll Atlantic City half marathon began at Bader Field, reached near West Atlantic City, went down into Ventnor and...

Food banks near and far seeing more families in crisis
Kendall Nunamaker and her family of five in Kennewick, Washington, faced impossible math this month: How to pay for gas, groceries and the mortgage with inflation driving up prices? Like many other working families, the Nunamakers are grappling with the 8.3% inflation...

A Guide to Business Certifications for Small Business Owners
If you’re a small business owner who belongs to an underrepresented group, you may be eligible for certain business certifications that can help you access more government contracts and private-sector opportunities. Certifications for groups like women, minorities,...

Gas Prices Soar to Record Highs in New Jersey
Gas prices hit record highs in New Jersey as the average cost of a gallon of unleaded regular climbed to $4.47, according to the American Automobile Association (AAA). The average cost of a gallon of regular is up nearly 25 cents from a week ago and nearly 37 cents...

A Budget Fight is Brewing over How New Jersey Should Spend $3 Billion in Federal COVID-19 Relief Funds
New Jersey received $6.2 billion through the American Rescue Plan signed by President Joe Biden in March 2021. Most of that money remains unspent, and the Murphy administration has yet to release a detailed plan for more than $3 billion that is still unallocated. Read...

10 Things to Do in Small Business Month to Grow Your Company
Kick off Small Business Month by identifying key ways to, directly and indirectly, grow your business. Set a goal to complete several revenue-generating activities and invite your team to rise to the challenge. Check out these 10 critical areas to focus on and dozens...

Debate over unemployment fund as tax looms
Steady job growth over the last year has eased pressure on a state unemployment fund hit with a historic number of benefit claims during the COVID-19 pandemic. But even as New Jersey’s jobless rate has plummeted since the worst days of the health crisis, the task of...

Big portion brunches, beer hall among 8 new restaurants coming to Tropicana
New Jersey loves to eat and Tropicana in Atlantic City is betting that its reimagined food and beverage offerings will be a winner. Caesars Entertainment is investing $400 million into its Atlantic City properties and Tropicana is using a portion of that to roll out...

Bally’s Atlantic City Celebrates Its Renovations On Memorial Day Weekend
May 4, 2022 - Bally’s Atlantic City, under new ownership, will debut its property-wide renovations including the all-new Bally’s Tower featuring 750 newly renovated rooms, a new hotel lobby, Carousel Bar, and The Yard on Memorial Day Weekend. GRAND OPENING CELEBRATION...

NJEDA has provided nearly $5.5M in grants to over 230 small businesses through main street recovery program since October
In celebration of National Small Business Week, the New Jersey Economic Development Authority (NJEDA) today announced plans to open applications for its Micro Business Loan next month, which will make additional funding resources available through the Authority’s Main...

Rethinking NJ bail reform to keep suspects charged with gun crimes off streets
In what would be the first changes to the state’s criminal reform law, key New Jersey lawmakers have reached agreement on amendments that would scale back efforts by some urban mayors to keep more people accused of gun crimes in jail pending trial. State Sen. Joseph...

Atlantic City Electric Continues Efforts to Help Customers and Communities Power Through: Contributing, Time, Money and More to Make A Difference
Atlantic City Electric is wrapping up a series of events as part of the company’s celebration of National Volunteer Month, where hundreds of employees are participating in nearly a dozen different events across South Jersey in support of local communities and...

Annual food bank event returns, raises $100,000
After going two years without hosting its annual Night of 300,000 Meals, the Community FoodBank of New Jersey returned the fundraiser to its township location Thursday. Local restaurants supplied 225 patrons with food and specialty cocktails while they were...

NJ sports betting remains national model
When New York launched mobile betting back in January, a lot of analysts and experts expected New Jersey to see a pretty significant decline. But the evidence suggests that New Jersey continues to hold its own, with its sportsbooks breaking the $1 billion mark in six...
ReNew Jersey summit tackled its economy
The 2022 New Jersey Chamber of Commerce ReNew Jersey Business Summit & Expo held April 13-14 in Atlantic City provided an excellent forum to learn about the state’s economy, ask questions and provide excellent recommendations. The summit opened discussion on ways...

Connect With Us
PO Box 748
Northfield, NJ 08225
(609) 345-4524
info@acchamber.com