Riders Face News Today

(Bloomberg) -- New Jersey Transit riders can expect higher prices after the system’s board voted to raise fares to help cover a $107 million shortfall. Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsUS Inflation Refuses to Bend, Fanning Fears It Will StickChinese Cement Maker Halted After 99% Crash in 15 MinutesS&P 500 Hit by Fed-Pivot Rethink and War Jitters: Markets WrapThe 15% fare h...

(Bloomberg) -- New Jersey Governor Phil Murphy is proposing a tax hike on the state’s biggest businesses to support its struggling public transportation system, a move that would make its corporate levy the highest such rate in the country.Most Read from BloombergApple Cancels Work on Electric Car, Ending Decadelong EffortA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersNigeria Delivers Jumbo Rate Hike to Aid I...