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Credit upgrade for NJ but Trenton gets a downgrade

Moody’s downgraded Trenton’s debt and issued a negative outlook

Aired 08/24/2022

NJ Spotlight News

Credit upgrade for NJ but Trenton gets a downgrade

Clip: 8/24/2022 | 1m 19sVideo has Closed Captions

Moody’s downgraded Trenton’s debt and issued a negative outlook

Standard and Poor’s recently upgraded the outlook for New Jersey’s debt from stable to positive, saying that the state’s finances have shown a remarkable turnaround. But Moody’s has downgraded Trenton’s debt rating and issued a negative outlook, saying recently worsening governance issues are weakening the city’s credit quality.

Aired 08/24/2022

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NJ Spotlight News is a local public television program presented by THIRTEEN PBS

Biden student loan debt relief provides little relief

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Clip: 8/24/2022 | 4m 48s | In New Jersey, average student loan debt is close to $30,000. (4m 48s)

Corporate buyers are flooding NJ’s housing market

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Clip: 8/24/2022 | 4m 2s | First-time buyers must compete with big-money LLCs, Asbury Park Press analysis finds (4m 2s)

Newark, NJ’s largest school district, keeps mask mandate

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Clip: 8/24/2022 | 1m 31s | Rutgers will also require masks be worn in indoor teaching spaces, libraries (1m 31s)

Pascrell accuses oil and gas companies of ‘robbing’

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Clip: 8/24/2022 | 3m 35s | ‘Oil companies are inflating gas prices — no doubt about it’ (3m 35s)

Workers strike for better contract at Fort Lee complex

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Clip: 8/24/2022 | 3m 36s | Many workers at Horizon House struggle to make ends meet, says union executive (3m 36s)

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