NJ Transit Riders Face 15% Fare Increase to Close Budget Gap
(Bloomberg) -- New Jersey Transit riders face a 15% fare increase, as the agency struggles to rebound from the pandemic, budget officials said Wednesday. Most Read from BloombergTesla Slumps After Warning About ‘Notably Lower’ Growth RateUS GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong YearBoeing Blocked From Building More 737s in Hit to Growth PlanMost of Russia’s War Chips Are Made by US and European CompaniesFare hikes are needed to close a $107 million budget deficit for the fiscal