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New Jersey Transit Approves 15% Fare Hike to Plug Budget Gap

(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 hike is slate

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