Why New Jersey Needs Cash

New Jersey, one of the richest states in the nation, is nearly broke.

Starting next week the Garden State could be unable to pay its bills unless it secures a short-term loan of $2.25 billion, which it is reportedly close to doing with JPMorgan Chase. New Jersey’s fiscal year starts July 1st. Usually it has a fair amount of money left …

The Cheapest City in America

There is a place in these United States where a loaf of bread will cost you 90 cents. Where a gallon of gas will set you back $2.65. Where you can rent a two-bedroom house for $450 a month. So where is this penny-pincher’s paradise?

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