New Jersey officials have spent the past year modeling what it looks like when a state absorbs a trillion-plus dollars in federal healthcare and food-assistance cuts. A year in, those projections are starting to feel like reality. The One, Big, Beautiful Bill Act, signed by President Trump on July 4, 2025, cut federal Medicaid funding by roughly $1 trillion nationwide and food assistance by close to $200 billion, financed partly by making earlier tax cuts permanent. New Jerse

Recently, the New Jersey Business and Industry Association released its annual regional business climate analysis, and the results confirm a downwards trend for the state. For the eighth year in a row, New Jersey placed last in competitiveness among seven states in the Northeast and mid-Atlantic corridor, which also included New York, Connecticut, Massachusetts, Maryland, Delaware, and Pennsylvania. Pennsylvania took the top position for the second consecutive year, while Mar

Sun Pharma Makes Bold $11.75 Billion Move to Acquire Organon In one of the largest deals in the pharmaceutical industry recently, Indian pharmaceutical giant Sun Pharmaceutical Industries, signed a definitive agreement to acquire Organon & Co. In what is shaping up to be one of the largest transactions in the pharmaceutical space of late, India-headquartered Sun Pharmaceutical Industries has signed a definitive agreement to purchase Organon & Co. Of Jersey City, New Jersey, a

New Jersey's state revenue forecasters are projecting that overall tax collections will be slightly higher than original estimates for the current fiscal year, which ends June 30. The updated projections, released by the state Department of Treasury, add more than $180 million to the expected minimum, giving Governor Mikie Sherrill and lawmakers room to breathe before the new fiscal year, which begins July 1. The state budget surplus is now projected to exceed $7.2 billion by

Choose New Jersey is a privately funded nonprofit economic development organization with the goal of increasing business activity within the state. Established fifteen years ago, Choose New Jersey has consistently aided companies in expanding and has been responsible for $13.8 billion worth of capital investment, helped 41,500 New Jersey residents maintain jobs, and helped 536 distinct companies. Choose New Jersey aids companies through providing market intelligence, location