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Money

Gas saving tips for Memorial Day in New Jersey

Gas saving tips for Memorial Day in New Jersey
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

Neptune, New Jersey resident Yesnia Peiker, a Federal Aviation Administration consultant, used to commute 230 miles to Washington from her home twice a week. She has reduced that to one trip a week and traded her Mercedes-Benz, which ran on premium gasoline, for a compact car.

The rising price of fuel has made many people like Yesnia reconsider their holiday driving plans. What some people call vacation season or summer driving season begins this coming Memorial Day weekend, and while gasoline prices have dropped a bit in New Jersey recently, they’re still around $3.75 per gallon.

USA Today reports that according to a recent poll, almost seven of 10 Americans say the high gas prices are causing financial hardship for their families. And more than half of those people say they have made major changes in their driving plans to allow for those higher prices.

 

Hillsdale woman sentenced after father helped with tax fraud UBS AG scheme

Hillsdale woman sentenced after father helped with tax fraud UBS AG scheme
BY ALICIA CRUZ
NEWJERSEYNEWSROOM.COM

A Hillsdale woman who pleaded guilty to tax fraud in November 2010 was sentenced Monday in Newark federal court to probation, New Jersey U.S. Attorney Paul J. Fishma...

How many mutual funds do you need?

How many mutual funds do you need?
BY WARREN BOROSON
NEWJERSEYNEWSROOM.COM
BOROSON ON MONEY

At a recent meeting about investing, someone in the audience said to the speaker that I had recommended that people own 12 mutual funds.

Nonsense. ...

Powerball winning numbers worth $120 million

Powerball winning numbers worth $120 million
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

No one has been able to match all the winning numbers in a Powerball drawing since late April, so the Powerball jackpot for Saturday night now stands at a cool $120 mil...

N.J. unemployment helped by private sector

N.J. unemployment helped by private sector

State says 32,000 residents found work in first four months of year

BY TOM HESTER SR.
NEWJERSEYNEWSROOM.COM

At least 18,500 New Jerseyans found work in April while another 4,500 lose their jobs as the st...

Tech problem leads to Powerball jackpot worth $120 million

Tech problem leads to Powerball jackpot worth $120 million
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

No one was able to match all six numbers in Wednesday night’s Powerball drawing, so the jackpot for Saturday’s drawing has grown to $120 million.

According to ajc.com, We...

Portuguese bank agrees to pay N.J. $1.9 million for selling unregistered stocks to residents

Portuguese bank agrees to pay N.J. $1.9 million for selling unregistered stocks to residents

The bank made transactions with 1,393 New Jerseyans.

Banco Espirito Santo, S.A. (“BES”), a Lisbon-based bank, and one of its affiliates, Espirito Santo e Comercial de Lisboa Inc., a money transmitter, ...

No. 1 risk to your portfolio is you

No. 1 risk to your portfolio is you
BY JERRY A. MICCOLIS
COMMENTARY

Recent financial market turbulence has forced investors across the spectrum to come to grips with risk – what it means for them, their portfolios, and their life plans.

Th...

Are we headed for a treasury default apocalypse?

Are we headed for a treasury default apocalypse?
BY GERALD J. ROBINSON
NEWJERSEYNEWSROOM.COM
COMMENTARY

A treasury default apocalypse?

It depends.

The press and pundits are inundating us with predictions of calamity if the debt ceiling is not raised by t...

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