NEWS, SPORTS, COMMENTARY, POLITICS for Gloucester City and the Surrounding Areas of South Jersey and Philadelphia

3,017 posts categorized "YOUR MONEY" Feed

FACTORING VS LINE OF CREDIT

In the fast-paced world of trucking, one of the most critical decisions you'll make for your business is how to manage your finances. Ensuring a smooth and efficient operation requires a steady cash flow, which is often a challenge in the trucking industry. When it comes to financing, two common options stand out: factoring vs line of credit. In this article, we will help you navigate the choice between factoring and a line of credit, ensuring that you make the right financial decision for your trucking business. Understanding Factoring: Factoring is a financial solution designed specifically for trucking companies. It... Read more →


CNBNews Editor Faces Trespassing, Theft Charges

UPDATED November 26, 2023 William E. Cleary Sr. | CNBNews It has been ten years since John Reynolds first published his article " A Salute to Bill "The Pen" Cleary. I read it ever so often whenever I need a pick-me-up. It is nice to be appreciated. SEE Reynolds ARTICLE BELOW Tuesday, November 21, 2023, I appeared in Gloucester City Municipal Court to answer two trespassing charges for walking around the Cold Springs Elementary School and one theft charge. I took a children's bench that I thought was trash. When I learned that it wasn't trash, I contacted the police,... Read more →


YOUR MONEY: Cherry Hill Fire Dept Has Received $4.3 Million in Federal Funds

The Cherry Hill Fire Department released the following information about the Department receiving federal funds that help provide funding for staffing, equipment, and training. Over the last five years, the Cherry Hill Fire Department has worked with Congressman Donald Norcross to secure critical funding for staffing, equipment and training. The federal funds, going back to 2018, total more than $4.3 million and have made key components of an operational fire department possible for the largest municipality in Camden County. Through the hiring of eight new firefighters through the Staffing for Adequate Fire and Emergency Response grant and training through the... Read more →


YOUR MONEY: Millions $$$ Headed to Camden City, New York City, for Recycling Education

EPA Selects Camden City, NJ and New York City Projects to Receive Recycling Education and Outreach Grants as Part of America Recycles Day NEW YORK (November 16, 2023) - Today, in conjunction with American Recycles Day, the Environmental Protection Agency selected a Camden, NJ schools project and an education campaign from the New York City Department of Sanitation (DSNY) to receive a total of $3.2 million in Recycling Education and Outreach (REO) grants in the region. Through the Bipartisan Infrastructure Law (BIL) and under President Biden’s Investing in America agenda, these grants focus on improving the effectiveness of residential and... Read more →


The Essential Techniques for Becoming Successful in the Financial Market

Many people and organizations looking for opportunities are drawn to the financial market in large part because of the possibility of significant gains. This market welcomes numerous investors from around the world every day with opportunities ranging from more complex strategies like robo-advisors to traditional investments in the stock market, bonds, cryptocurrency, real estate, forex, and ETFs, among other investments. However, employing the appropriate strategies is what will ultimately determine your success in the market. We will look at the main tactics for succeeding in the financial market in this article. Essential Techniques for Succeeding in the Financial Market For... Read more →


CC Board of Commission Unveiled Mary Ann Wardlow Center for Community Nutrition

Blackwood, NJ) – On Monday, the Board of Commissioners unveiled the Mary Ann Wardlow Center for Community Nutrition, a $5 million project that aims to combat food insecurity in Camden County through our Meals on wheels program. The facility was created to expand upon the county’s growing need for home delivered meals to residents. The new space is 7,500 square feet and supports meal assembly and distribution services for the home delivery program and houses supporting staff areas, frozen and refrigerated food storage and dry goods storage all under one roof. Right now, the program serves more than 2,000 clients,... Read more →


Camden County Center for Community Nutrition to be Unveiled; Cost $5 Million

On Monday, the Board of Commissioners will unveil the Camden County Center for Community Nutrition, a $5 million project that aims to combat food insecurity in Camden County. The facility was created to expand upon the county’s growing need for home delivered meals to residents. The new space is 7,500 square feet and supports meal assembly and distribution services for the home delivery program and houses supporting staff areas, frozen and refrigerated food storage and dry goods storage all under one roof. Currently, the program serves more than 2,000 clients, which is 846 more clients than last year. “Food insecurity... Read more →


YOUR MONEY: $161 Million Being Given To 543 municipalities In NJ

Funds will support safety, infrastructure, quality of life improvements CNBNews graphic file Top Recipients in Camden County Audubon Borough $357,528; Bellmawr Borough, $417,755; Camden City, $1,118,533... Gloucester City, $329,839; Gloucester Township, $403, 758; Pennsauken Township, $432, 090; Winslow Township, $304,141 (Trenton) – Governor Phil Murphy and New Jersey Department of Transportation Commissioner Diane Gutierrez-Scaccetti today announced $161.25 million in Fiscal Year 2024 Municipal Aid grants, with 543 cities and towns across the state receiving funds to advance road, bridge, safety, and quality-of-life improvements, demonstrating the Department of Transportation’s Commitment to Communities. The competitive Municipal Aid grant program attracted 600 applications... Read more →


YOUR MONEY: This Billion-Dollar Plan to Save Salmon Depends on a Giant Fish Vacuum

Army Corps of Engineers biologist Doug Garletts carries an anesthetized Chinook salmon to a loading chute where it will slide into a holding tank before being drained into a tanker and trucked to the other side of Cougar Dam. During salmon migrations, the Corps checks its traps every few days for salmon that need to be trucked upriver to their spawning grounds. Under a $1.9 billion restoration plan, tiny juvenile fish would also be trapped and trucked downstream using massive fish collectors. Credit:Kristyna Wentz-Graff/Oregon Public Broadcasting by Tony Schick, Oregon Public Broadcasting ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign... Read more →


NJ Senior Freeze Property Tax Reimbursement Deadline for Filing October 31

DEADLINE FOR FILING 2022 Application is October 31, 2023 IT IS YOUR MONEY The Senior Freeze Program reimburses eligible senior citizens and disabled persons for property tax or mobile home park site fee increases on their principal residence (main home). To qualify, you must meet all the eligibility requirements for each year from the base year through the application year. Eligibility requirements, including income limits, and benefits available for all property tax relief programs are subject to change by the State Budget. 2022 Filing Deadline The deadline for 2022 applications is October 31, 2023. 2022 Payment Schedule We are currently... Read more →


Biden Spends $7 Billion On Hydrogen Hubs; Critics Say He's Wasting Taxpayers Money

By Christen Smith | The Center Square Oct 13, 2023 (The Center Square) – The Biden administration cut a $7 billion check on Friday to launch its vision for a hydrogen-fueled future. The money augments $40 billion in private investment to build seven hydrogen hubs across the nation that will decarbonize transportation and industrial manufacturing, slashing 25 million metric tons of carbon dioxide emissions each year. The amount “roughly” equates to removing 5.5 million gasoline-powered vehicles from the road, or just under 2% of the estimated 286 million operational cars in the United States. After calling climate change “the only... Read more →


Some NJ Towns Continue the Improper Practice of Sick/Vacation Payouts

By Christian Wade | The Center Square contributor Oct 10, 2023 (The Center Square) — New Jersey's top fiscal watchdog is pressuring cities and towns that haven't complied with his office's demands to end "improper" sick and vacation time payouts, warning that he may seek to withhold state funding. CNBNews graphic file In a letter to Gov. Phil Lamont and legislative leaders, Acting State Comptroller Kevin Walsh said at least nine local governments have "refused to cooperate" with his office to develop corrective action plans by evaluating and addressing deficiencies in their sick and vacation leave policies. Walsh said if... Read more →


AG Files Lawsuit Against Dave's Auto Sales for Allegedly Operating Illegal Car Dealership

HARRISBURG, PA (October 9, 2023)(CNBNews)– Attorney General Michelle Henry announced a lawsuit against a Cambria County used vehicle dealer for illegally selling vehicles — many of them needing major repair — through Facebook Marketplace. According to the lawsuit, David Gaida operated the Marketplace account under the name, “Dave’s Auto Sales,” but was not licensed to sell vehicles. Anyone selling more than five vehicles a year is considered a dealer and required to follow dealer guidelines, which Gaida did not do. The suit alleges Gaida advertised vehicles as “roadworthy,” but in reality, the vehicles needed major repairs and many of them... Read more →


SEPTEMBER 2023 CHEERS AND JEERS

UPDATED: CHEER --To Alex Tedesco for arranging the Community Clean Up/Schreader event Day. JEER - To Gloucester City mayor and council for not publicly acknowledging 9/11, now called Patriots Day. CHEER—Happy 175 th Anniversary to St. Mary’s RC Church, Gloucester Cty. This past Sunday the parish pecial Mass on Sunday, September 17th and Joe Rafferty’s homily featuring many of the major players that played an important part in the growth and longevity of St. Mary’s. JEER- Can anyone explain why Gloucester City property taxes increased by more than a $1,000. Is it asking to much for our mayor or a... Read more →


Small Mistake Can Turn Into a Big Money Problem

It's just as crucial to keep track of your company's finances as it is to attract new clients and serve existing ones. If you're like most small business owners, though, bookkeeping and money management aren't your strong suits. If you avoid these seven frequent small company money blunders, you can stay ahead of the game. The most difficult duty a small business owner takes on is generally handling the company's finances. The reasons are numerous, but most small business owners lack a background in business finance and, at least in the beginning, are more concerned with bringing in new business... Read more →


Camden County Offers Naloxone Kits and Training to School Bus Drivers

(Blackwood, NJ) – On Tuesday, the Board of Commissioners joined with law enforcement, public officials, members of the Black Horse Pike Regional School District, and members of the county’s Addiction Awareness Task Force to distribute Naloxone kits to school bus drivers at Triton Regional High School. This is part of the county’s ongoing initiative to make the overdose reversal medication, also known as Narcan, more accessible. “Naloxone is a critical tool in our battle against the opioid and overdose epidemic,” said Commissioner Director Louis Cappelli Jr. “We need to keep this medicine on hand in every corner of our community... Read more →


Gloucester City PD Hires CrimeReports.com to Provide Crime Data for Residents; Cost of Service Unknown

William E. Cleary Sr. | CNBNews GLOUCESTER CITY, NJ (September 23, 2023)(CNBNews)-We recently discovered that the Gloucester City Police Department is now using CrimeReports.com, a platform that shares unprocessed crime data related to Gloucester City. Similar services have been used by many other police departments nearby for a long time—for example, the City of Philadelphia. To access the data, you must create an account by clicking the link below. You may also be asked to volunteer to register your security camera(s), but having a camera is not mandatory. CNBNews is pleased to report that the police department has joined a... Read more →


KU Presents! Brings Jakob Dylan and The Wallflowers to Kick Off its 2023-24 Season

KUTZTOWN, PA (09/21/2023) Kutztown University's KU Presents! series is excited to bring singer/songwriter Jakob Dylan and his band, The Wallflowers, to Schaeffer Auditorium 7:30 p.m., Wednesday, Sept. 27, as the first concert of its 2023-24 season. The son of Bob Dylan and model Sara Lownds, Jakob Dylan has forged his own path as a gifted musician, not only as the lead singer and primary songwriter for the band he founded in 1989, but as a solo performer and recording artist. The Wallflowers' breakthrough 1996 album, "Bring Down the Horse," produced the number-one single, "One Headlight," which won two Grammy Awards... Read more →


Why Did Gloucester City Property Taxes Increase By A $1000

Dorothy Philbin | CNBNews Many residents of Gloucester City were shocked to see their property taxes increase this year by as much as $1,000, and in some cases even more. When this happens someone has to look into the reason why. There will be several, no many, allocations of your tax money which may surprise you but the one documented below should startle you. Conner, Strong, & Buckelew (read this as King George Norcross) is hereby appointed as Risk Management Consultant. The services are provided through Camden County Joint Insurance Fund and there is not a specific cost associated with... Read more →


Government Using AI to Identify Schemes Being Used to Avoid Paying Taxes

Agency focus will shift attention to the wealthy from working-class taxpayers; key changes are coming to reduce the burden on average taxpayers while using Artificial Intelligence and improved technology to identify sophisticated schemes to avoid taxes. WASHINGTON — Capitalizing on Inflation Reduction Act funding and following a top-to-bottom review of enforcement efforts, the Internal Revenue Service announced today the start of a sweeping, historic effort to restore fairness in tax compliance by shifting more attention onto high-income earners, partnerships, large corporations and promoters abusing the nation's tax laws. CNBNews graphic file The effort, building off work following last August's IRA... Read more →


Exploring Lucrative Real Estate Investment Opportunities in South Jersey & Philadelphia

The sun setting on Philadelphia, the City of Brotherly Love South Jersey and Philadelphia, two vibrant and historically rich regions on the East Coast of the United States, have been capturing the attention of savvy real estate investors in recent years. These areas offer a unique blend of economic growth, cultural attractions, and diverse neighborhoods that make them hotspots for both seasoned and budding real estate investors. In this article, we will delve into the promising real estate investment opportunities that abound in South Jersey and Philadelphia. A Thriving Real Estate Market South Jersey and Philadelphia have experienced substantial growth... Read more →


OPINION: Gloucester City Council Caucus Meeting Sept. 18

Dorothy Philbin | CNBNews Columnist Each month, the Gloucester City Council and other officials hold a caucus meeting to plan what needs to be discussed at the regular Council meeting the following week. The caucus meeting this month will be Monday, September 18th, and the regular Council meeting is scheduled for Thursday, September 25th. Here is the agenda for this month. CNBNews graphic file Proposed Update to Personnel Policies (city employees) Employee Rights and Responsibilities Workplace Policies Paid and Unpaid Time Off Compensation and Employee Benefit Policies Additional Policies Returned checks. This is public information so it appears in both... Read more →


South Jersey Gas to replace pipeline in Winslow Township

(Lindenwold, NJ) – From Monday, Sept. 11 to December, South Jersey Gas will be upgrading natural gas infrastructure on Erial Road between Berlin-Cross Keys and Williamstown New Freedom roads in Winslow Township. Road closures and detours will be implemented during work hours, which run Monday through Friday, from 9 a.m. to 5 p.m. and Saturdays from 7 a.m. to 5 p.m. “Motorists should stay up to date on traffic changes and plan to take alternate routes to avoid any delays,” said Commissioner Al Dyer, liaison to the Department of Public Works. “Also, remember that when you’re traveling through a construction... Read more →


CNB Business : Cryptocurrency Market and the Stock Market

Throughout history, investors have turned to stock markets for potential financial gains. However, in recent times, cryptocurrency exchanges have also gained popularity as an exciting alternative for individuals and institutions. While both markets offer investment opportunities with the potential for returns, they differ greatly in terms of regulations, liquidity, and risk profiles. The stock market is a highly intricate and ever-changing environment, featuring several notable capabilities: Publicly traded companies. Stock exchanges are bustling with investors buying and selling shares of stock, granting them partial ownership in the companies that issue said stocks. These publicly traded corporations rely on these stock... Read more →


Gcity Council Expected to Okay "Pot" Store, $3,225,000 Bonds, $75K for Housing Official

Monday's meeting begins at 6:30 PM and is held in Council Chambers at the Police Administration Building, 313 Monmouth Street. GLOUCESTER CITY, NJ (AUGUST 28, 2023)(CNBNews)-The Gloucester City Council has a number of resolutions to approve this evening at its regular meeting beginning at 6:30 PM. One of those resolutions being considered is a request by BluLight Cannabis to utilize the former O'Donell's Restaurant and Bar, 401 N. Broadway, to sell marijuana products. The governing body previously authorized five marijuana dispensaries in the city, and the approval of BluLight's request will not exceed this limit. The board gave the business... Read more →


Should The State Takeover Gloucester City?

Dorothy Philbin | CNBNews columnist courtesy of https://www.meghellyer.com (August 27, 2023)--If you have been following CNBNews you know that the city managers have done everything possible to keep the taxpayers of Gloucester City from knowing what is going on in our town. This is nothing new; it has been going on for years. Here is just some of what we don't know: - The activity of the police and fire departments or any other city department. - The justification for at least three employees holding two jobs. - The justification for the Building Inspector refusing to meet with us about... Read more →


FBI Identifies Cryptocurrency Funds Stolen by Democratic People's Republic of Korea

The FBI is warning cryptocurrency companies of recent blockchain activity connected to the theft of hundreds of millions of dollars in cryptocurrency. Over the last 24 hours, the FBI tracked cryptocurrency stolen by the Democratic People's Republic of Korea (DPRK) TraderTraitor-affiliated actors (also known as Lazarus Group and APT38). The FBI believes the DPRK may attempt to cash out the bitcoin worth more than $40 million dollars. The FBI investigation found the TraderTraitor-affiliated actors moved approximately 1,580 bitcoin from several cryptocurrency heists and are currently holding those funds in following bitcoin addresses: 3LU8wRu4ZnXP4UM8Yo6kkTiGHM9BubgyiG 39idqitN9tYNmq3wYanwg3MitFB5TZCjWu 3AAUBbKJorvNhEUFhKnep9YTwmZECxE4Nk 3PjNaSeP8GzLjGeu51JR19Q2Lu8W2Te9oc 3NbdrezMzAVVfXv5MTQJn4hWqKhYCTCJoB 34VXKa5upLWVYMXmgid6bFM4BaQXHxSUoL The DPRK... Read more →


CNBNews Monthly Cheers and Jeers Column

By CNBNews Staff animated congratulations images CHEER—I would like to extend congratulations to Mayor Dayl Baile and the council members of Gloucester City, including George Berglund, James Johnson, Nancy Baus, Sam Budesa, Robert Page, and Derek Timm. They have made efforts to ensure that the residents they serve will not lose their title of living in the city with the highest property taxes in the state. It is noteworthy that Gloucester City has held this distinction since 2018 and is one of only 30 communities out of 565 in NJ that can boast of this honor. We are fortunate to... Read more →


STUDY:The Chance of Winning the Mega $$$ Jackpot Compared to Other Events

Helen James August 8, 2023 Following Friday night’s draw, when no ticket matched all six numbers in Mega Millions, the jackpot reached the mouth-watering $1.55 billion, urging thousands of people to go buy a ticket for the next drawing on Tuesday night. The lucky winner (if there is one) will also have the option to take home a lump-sum payment of roughly $757.2 million. But what are the odds of hitting the big jackpot? The team at SuperCasinoSites.com decided to look at the jackpot history of Mega Millions and compare the likelihood of winning with other rare events. It turns... Read more →


Some Council Members in SJ Cities Receive Publicly Funded Health Insurance Despite Being Illegal

LOVE YOUR MONEY!!! Those Towns and Cities Include but are not limited to Berlin, Brigantine, Gloucester City, Wildwood, and maybe the Mayor and Council IN YOUR COMMUNITY! William E. Cleary Sr. | CNBNews TRENTON, NJ (August 4, 2023)(CNBNews)--On Thursday, August 3, New Jersey Attorney General Matthew J. Platkin announced that a state grand jury again indicted Wildwood’s mayor, a former mayor, and a city commissioner in connection with their allegedly fraudulent participation in the State Health Benefits Program, reinstating charges that had been dismissed without prejudice last month. A state grand jury in Trenton returned a 12-count indictment on Monday,... Read more →


Three Ways Local Governments in New Jersey Waste YOUR Money on Health Benefits

Many local governments spend too much on health benefits for employees. Kevin Walsh, NJ Acting State Comptroller, explains how to stop three wasteful practices. Posted on - 01/9/2023 Author - Acting State Comptroller Kevin Walsh Taxpayers have a right to expect that the government manages public funds carefully. At a minimum, we should expect the money we give elected officials to not be wasted. But when it comes to health benefits for local government employees in New Jersey, we see a lot of waste—often on a massive scale. This month will mark the end of my third year at the... Read more →


THE STORY BEHIND THE STORY:

Besides Great Perks, Gcity Taxpayers Pay Their Police The Top Salary In CC

Dorothy Philbin | CNBNews Investigating Reporter CNBNews photo of Gloucester City Police Officers circa 2016 GLOUCESTER CITY, NJ (August 3, 2023)--ClearysNoteBook (CNBNews) submitted an OPRA request for Police Officers, Police Managers, Firemen, and Fire Managers' current contracts. We obtained four contracts; the contract for the Police Managers expired on December 31, 2021, so either the police managers have been working for 15 months without a contract, or we received the wrong contract. That will be investigated. Also, the contract for Police Management has a paragraph that explicitly omits Brian Morrell (part-time Chief) and his brother, Michael Morrell, Captain. Although the... Read more →


Your Money: $161.25M for Infrastructure Repairs

Funds will help make infrastructure improvements on the local level (Trenton) – New Jersey Department of Transportation (NJDOT) Commissioner Diane Gutierrez-Scaccetti today announced the release of $161.25 million in Fiscal Year 2024 County Aid to help make infrastructure improvements on the local level. The program is funded through the New Jersey Transportation Trust Fund (TTF). “The New Jersey Department of Transportation is committed to a safe, efficient, and equitable transportation system throughout the State, which means making investments in local infrastructure,” NJDOT Commissioner Diane Gutierrez-Scaccetti said. “County Aid provides millions of dollars to help improve county roads and bridges without... Read more →


Guidelines Released for States to Apply New Home Energy Rebates Funding

NJ Leadership Must Develop Rebates Programs Focused on Low-Income Consumers and Renters Today, the Department of Energy (DOE) released guidance for states to apply for new Home Energy Rebates Program funding. The program, created by the Inflation Reduction Act (IRA), will distribute a total of $8.8 billion dollars in formula grants for states to deliver home electrification and efficiency rebates to help consumers better afford upgrades that will lower utility bills, improve home comfort and resilience, and reduce indoor and outdoor air pollution. New Jersey is eligible to receive $183 million to distribute to consumers. Each state will develop its... Read more →


Your Money: NJ Receives $47.3 Million in Local Bridges Fund Grants

Communities in the immediate area receiving funds include Audubon, Maple Shade, Morristown, Greenwich, Mantua YOUR MONEY Each county is to receive $1 million plus additional funds based on the deck area (Trenton) – The New Jersey Department of Transportation (NJDOT) today announced 42 Local Bridges Fund grants totaling $47.3 million to help counties maintain local bridges in good repair. “The Murphy Administration is committed to improving the quality of life in New Jersey, and the Local Bridge Fund program does that as part of NJDOT’s Commitment to Communities,” NJDOT Commissioner Diane Gutierrez-Scaccetti said. “By providing grants to improve county-owned bridges... Read more →


ANOTHER SINK HOLE POPS UP ON NEWLY PAVED BARNARD AVENUE; Residents Are Fed-Up

William E. Cleary Sr. | CNBNews photos by CNBNews GLOUCESTER CITY, NJ (JULY 25, 2023)-- Monday, July 24, CNBNews noticed another sinkhole developing (above) at the newly paved intersection of Stites and Barnard Avenue. Last week we discovered a similar hole in the middle of the block. The contractor left the site last January and hasn't been seen since. City taxpayers paid over $500,000 to have new infrastructure placed on the street and for new curbing and asphalt paving. City officials told the Barnard Street residents the contractor would return to finish the job once the weather got warmer. Gloucester... Read more →


LOVE YOUR MONEY: NJ Lottery Financial Results for FY 2023

TRENTON (July 20, 2023) – The New Jersey Lottery Commission held its July Commission meeting today and announced its unaudited results for the Fiscal Year 2023 (FY23) that ended June 30. Sales for the year totaled $3.72 billion, the highest in Lottery history. As of June 30, the Lottery has contributed $1.13 billion in profits to the State for FY23. This is the largest contribution in Lottery history. The Lottery has contributed over $1 billion in profits to the State every year since FY18. The Lottery’s sales and the contribution to the pension system are unaudited and preliminary. The Lottery... Read more →


What Are Payday Loan Requirements in 2023?

Unexpected expenses happen, and managing them may be complicated if you don’t have any savings. Therefore, individuals start seeking ways to borrow money. As traditional loan options, such as borrowing from a bank or a credit union, may not be accessible for people with poor or bad credit, it may be necessary to search for alternatives. In these cases, online payday loans come to the rescue. Read the article to explore the payday loan requirements in 2023 and how you can get quick cash with no credit check. What Are Payday Loans? Payday loans are high-risk, short-term loans that people... Read more →


Meeting Agenda for Gloucester City Mayor and Council Includes $3.225 Bond Ordinances

GLOUCESTER CITY, NJ (July 23, 2023)(CNBNews)--Gloucester City mayor and council will vote on two bond ordinances on first reading at their Monday, July 24, monthly meeting that total $3.225 million. A breakdown of the first bond, which totals $1,500,000 million, reveals: As per NJ.com, Gloucester City Police Officers earn an average salary of $127,000, which places them as the third highest-paid police officers among the 37 communities in Camden County. source city of Gloucester City, NJ *$35,000 will be used for body cameras for the police *$105,000 for a tractor at the Public Works Dept *$100,000 for new furniture at... Read more →


SCAM ALERT: Beware of Can't Miss Investments

By Jim Kreidler Consumer Education Specialist, FTC July 20, 2023 When you hear about a can’t-miss investment opportunity, your first reaction might be to jump right in. Don’t. But how do you tell the difference between a legitimate investment — and a scam? Investment scams create the impression that you can "make lots of money" with "little to no risk." They often start on social media, online dating apps, or from an unexpected text, email, or call. This Military Consumer Month we’re talking about ways to avoid investment scams and bogus money-making schemes. Here’s what to know: Don’t accept any... Read more →


NJ Senator Durr Opposes Redirecting $1 Billion to Wind Farm Contractor

TRENTON, NJ-- June 28, 2023 (CNBNEWS)--New Jersey Senator Ed Durr (R-3rd District)expressed his strong opposition to legislation that would redirect up to $1 billion from ratepayers to a foreign company that is building a disputed wind farm off the coast of New Jersey. (©iStock) image courtesy of NJ Monthly “New Jersey ratepayers are already paying higher costs on their electric bills to help fund the offshore wind farms that are being developed within sight of our beaches,” said Durr (R-3). “Ørsted agreed as part of the approval process to apply for and return to ratepayers any federal tax incentives that... Read more →


Paradox Brewery 10th Anniversary Celebration with a New Look

CNBNews graphic file Paradox Brewery celebrates a decade of business with new branding and anniversary event [North Hudson, NY. July 2023]: Paul and Joan Mrocka, founders of Paradox Brewery in North Hudson, along with their team and staff will celebrate 10 years of business with an anniversary party on July 29 for the public. The event will run from 12pm-9pm and will feature a cornhole tournament and live music from local favorite Big Time Kitty from 5pm-8pm. Paradox will feature a 10th Anniversary glass, draft pour, and sticker deal for $20 as well as a special menu to be announced... Read more →


YOUR MONEY: $5 Trillion Dollars in Federal Relief Given Out During Pandemic HAS GONE MISSING

WAKE UP, PEOPLE!!!! By Brett Rowland | The Center Square Jul 14, 2023 The Center Square) – A new report found that the $5 trillion Congress spent on pandemic relief efforts has been so difficult to track that it has even stumped some government investigators. A new report from the Pandemic Response Accountability Committee tracked $2.65 billion of pandemic relief funding to six communities. The report found that "data gaps make it difficult for taxpayers to know how much money their community received and for what purposes." The $2.65 billion is part of $5 trillion in federal relief given out... Read more →


Best Practices for Responsible Card Usage

It's simple to get into a routine of always paying with a credit card everywhere, offline and online. Whether you prefer the ease of not carrying cash or are about getting incentives when you buy, credit cards can be a straightforward and quick payment tool. That said, most people can better manage their finances, improve their credit, and keep safe from fraud by learning how to use their cards correctly. Understanding the rules of your card might assist you in knowing how to maintain good standing with your lender and reap some rewards for use. For example, making consistent, on-time... Read more →


THE STORY BEHIND THE STORY:

STATE PENSION PLANS

Dorothy Philbin | CNBNews As stated in a prior article, there are only two states with fully-funded pension plans. It shouldn't come to anyone's surprise that New Jersey isn't one of them. On tonight's news, a presidential candidate was interviewed. He said that he was very much against ESG. Say what? What is ESG? Is this new? CNBNews graphic file It turns out that ESG isn't new, it just hasn't received much press by design. ESG is a means of funding state pension plans and the reason not much has been made public about is - it doesn't work. There... Read more →


Route 130 and Route 40 overnight lane closures this week in Gloucester and Salem counties

Route 130 Bridge over Rancocas Creek daytime lane closures (Trenton) – The Route 130 southbound Bridge over Route 44 and Raccoon Creek in Logan, Gloucester County and the Route 40 Bridge over Game Creek in Carney’s Point, Salem County are scheduled to have single lane closures overnight this week. In addition, right lane closures are scheduled on the Route 130 southbound Bridge over Rancocas Creek this week in Delran, Delanco, and Willingboro, Burlington County. Wednesday, July 5 Beginning at 8 p.m. tonight, Wednesday, July 5, until 6 a.m. tomorrow, Thursday, July 6, the right lane on Route 130 southbound is... Read more →


THE CENTER SQUARE: Taxes, cost of living driving away young residents

Poll: By Christen Smith | The Center Square Jul 3, 2023 (The Center Square) – A new survey suggests the price residents pay to live in Pennsylvania tempts younger generations to move. Results from the Commonwealth Foundation poll conducted last month show more than half of respondents between the ages of 18 and 44 have considered moving to another state – or know someone who wants to do the same. The survey questioned roughly 800 registered voters between June 16 and June 19. Among the 338 respondents that considered moving, the top two reasons why were high taxes and cost... Read more →


Appellate Court Sides with PFRS, Denies former Gloucester City Cop's Appeal

William E. Cleary Sr. | CNBNews GLOUCESTER CITY, NJ (JUNE 26, 2023)(CNBNews)--A former Gloucester City Police Officer, who was denied ordinary disability retirement from the Board of Trustees of the Police and Firemen’s Retirement System (PFRS) appeared in the Superior Court of New Jersey last month seeking an overturn of the Board of Trustee’s ruling. The decision on that case was released on June 15, 2023. To qualify for the union's disability retirement benefits (ODRB) an applicant must meet a certain criteria. To be specific an applicant must demonstrate they are mentally or physically incapacitated for the performance of their... Read more →


A Guide for New Business Owners

After spending what felt like countless hours writing out your business plan, figuring out your niche and determining your structure, it's finally time to open shop, however, you're a little unsure of what to do next. You may also be nerve-wracked about how everything is going to turn out. But there's no need to worry as you couldn't have come to a better place. We've prepared information to help new business owners find their footing and keep their operations running smoothly. Here's your guide to succeeding as a new business owner. Keep Track of Your Competition Something that many new... Read more →


Local Governments Seeking

"A PIECE OF THE ACTION"

*UPDATED with new information William E. Cleary Sr. | CNBNews Editor TRENTON, NJ (June 19, 2023)(CNBNews)--In 2021, New Jersey legalized the use and sale of marijuana. Since then, according to the New Jersey Cannabis Regulatory Commission, 24 dispensaries have sold recreational cannabis in the state, and 13 shops sell only medical marijuana. The use of medical marijuana was approved in 2010. That legalization has also seen a rush by local governments throughout the state bending over backward to attract "Doobie Stores' to open in their communities. For example, the City of Gloucester City passed legislation in January to amend its... Read more →