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Economy & Labor

Bankrate: Despite lack of savings, Americans feel good about finances

Though Americans are feeling better about their overall financial health, the percentage of people that have no savings is at a five-year high, according to a survey by

CT’s 1Q personal-income growth outpaced U.S.

Connecticut residents’ personal incomes grew 1 percent in the first quarter, outpacing just over half of U.S. states, according to the U.S. Bureau of Labor Statistics.

HSO musicians bristle at proposed wage cut

Matt Pilon |

The Hartford Symphony Orchestra board approved a budget this week that musicians say could lead to a cut their wages of as much as 40 percent.

CT adds 6.4K May jobs; 6% jobless rate

Connecticut employers added more jobs in May – 6,400 – pushing the state’s unemployment down to 6 percent, state labor authorities say.

Economists: CT's budget could dampen growth

Gregory Seay |

With job gains and rising home sales leading Connecticut's economy to a first-half surge from the ill effects of a record cold, snowy winter, lawmakers' hefty business and income-tax hikes threaten...

ADP: CT private sector added jobs in May

Payroll processor ADP said this week that Connecticut’s private sector added more jobs than Massachusetts in May.

Slight growth for CT GDP last year

A key measure of Connecticut’s economic output ticked up between 2013 and 2014, but at a slower pace than the national average, the U.S. Bureau of Economic Analysis said Wednesday.

Amazon accepting bids for 500+ Windsor jobs

Gregory Seay | is now accepting applications to fill more than 500 full-time slots for the online retail giant's new Windsor fulfillment center, the company says.

Stag inks multi-year sponsorship with MLB

The Hartford Financial Services Group has signed a multi-year sponsorship agreement with Major League Baseball, the property-casualty insurer announced Tuesday.

Opinion: Bioscience industry pleads for R&D tax credit preservation

Paul R. Pescatello |

Late one recent afternoon, as budget negotiations were occurring in and around the Connecticut General Assembly, I traveled to Boston for a dinner meeting with a few biopharma colleagues. In equal...

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