ROI-NJ

21 hours ago | roi-nj.com | John Harrington

With nearly 4 million New Jersey ratepayers dreading pending electricity rate hikes this summer, Gov. Murphy on Thursday announced a plan in which the state government would provide $430 million with “direct economic relief” to New Jersey energy customers. New Jersey ratepayers are facing electric bills that are as much as 20% higher than they were a year ago.

1 day ago | roi-nj.com | John Harrington

Car insurance is a perennial hot-button issue in New Jersey, and car insurance has spiked here and throughout the United States. On average, car insurance consumers saw a 7.2% increase in premiums in 2024 compared with 16.4% last year and 12% in 2022, according to S&P Global Market Intelligence’s RateWatch data. Car insurance premiums are outrunning inflation and squeezing household budgets. Car insurance premiums have been steadily increasing since 2022.

1 day ago | roi-nj.com | John Harrington

David’s Cookies will hold an event marking the opening of a 100,000-square-foot manufacturing facility at 11 Cliffside Drive in Cedar Grove on June 9, from 9 to 11 a.m. The event represents a $25 million capital investment and the creation of more than 1,000 jobs at three locations in New Jersey. The company planted its flag in New Jersey in 1989 with an 8,000-square-foot facility in Fairfield. It now has three manufacturing sites totaling 360,000 square feet in the Garden State.

1 day ago | roi-nj.com | John Harrington

Steven B. Spinner, who has more than two decades of regional and national fundraising experience, has been hired as the next chief philanthropy officer at the Princeton Area Community Foundation. He starts June 9. During his career, the Pennington resident has played a key role in philanthropic work that raised more than $200 million to advance research, strengthen communities, and sustain mission-driven organizations.

1 day ago | roi-nj.com | John Harrington

For many people in the United States, the American dream of owning a house in the suburbs is beyond their reach. According to an analysis published in March by The National Association of Home Builders, 74.9% of U.S. households were unable to afford a median-priced new home costing $459,826 and a 30-year mortgage rate of 6.5% in 2025. Facing that reality, more Americans, many of them in New Jersey, are renting rather than owning a place in the suburbs.