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More Households Can't Afford Basic Necessities

COSTS OUTPACE WAGES IN NJ, Screen Shot 2017-11-28 at 15.20.47

About four out of every 10 New Jersey residents don't have enough money to pay for all of the basics, including housing, food, transportation, health care and taxes, a new study from the United Way of Northern New Jersey shows. The state's poverty rate dropped slightly between 2014 and 2016, NJ Spotlight reported, based on the federal poverty threshold of $24,300 for a family of four. The report also shows that It states that a family of four with two children needed an annual income of $74,748 in 2016 to cover basic expenses, including the cost of childcare and a smartphone.

POWERBALL, MEGA MILLIONS JACKPOTS CLIMB TO $2 BILLION 

If you haven't bough a lottery ticket yet, we bet you will this week. That's because the Powerball jackpot is now $620 million and the Mega Millions jackpot is $1.6 billion, a new record: it's the largest lottery jackpot in history. Let the daydreaming begin. 

NJ SENATE RACE: WHO'S RUNNING AND WHERE THEY STAND

We're just days away from the 2018 midterm elections, and the campaign ads are fierce; anyone who's watched TV lately, driven around their neighborhood or been at home when a campaign volunteer stops by can attest to that. The Record takes a look at the race for New Jersey's open U.S. Senate seat, where incumbent Sen. Bob Menendez, a Democrat, is facing off against Republican challenger Bob Hugin. 

ATLANTIC CITY MARKET: VERY HEALTHY OR CANNIBALIZED AFTER NEW CASINO OPENINGS? 

When the Hard Rock Hotel & Casino Atlantic City and Ocean Resort Casino opened in Atlantic City earlier this year, there were major concerns about whether the two newcomers would cannibalize the existing seven casinos’ customers, or if they would expand the overall base of customers. The latest report from the N.J. Division of Gaming Enforcement shows some expansion, as the overall gaming market grew 16.5 percent in July, August and September compared to 2017. But that's also due to the introduction of sports betting in the state, the Press of Atlantic City reports

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