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Economy & Labor

Malloy shifts executive order funds, adjusts school aid

Patricia Daddona |

With no state budget in hand, Gov. Dannel P. Malloy on Friday reshuffled $100 million in current fiscal year spending, a move that mainly affects nonprofits and school systems and concerned other...

CT's craft brewers stoke state economy

Patricia Daddona |

The number of active craft breweries in Connecticut has tripled over the past five years, while nearly 40 new outlets are being planned, according to the Brewers Association.

Sales tax hike seems an 'inevitability,' but questions remain


Connecticut's top state senator said Wednesday he believes moderate Democrats are “growing increasingly comfortable” with a sales tax increase that could ease pressure to slash municipal...

Report: CT student borrowers' average debt drops in 2016

Patricia Daddona |

Connecticut's 2016 college graduates had the fourth highest average student debt in the nation, though it fell 12 percent from a year ago, according to a new national report by LendEDU.

CT's July job count backslides

Gregory Seay |

Connecticut employment took a step back in July, shedding a net 600 jobs, fresh labor data shows. The state jobless rate was unchanged from June at 5 percent.

UTC chief quits Trump advisory group as White House disbands it


United Technologies CEO Gregory Hayes said he was quitting President Donald Trump's American Manufacturing Council just as the president announced Wednesday that he was disbanding that group and...

CT 17th in U.S. for growth of middle-market firms

Patricia Daddona |

Connecticut is ranked 17th in the nation for middle market company growth, according to the latest Middle Market Power Index.

UnitedHealth's Hemsley to leave CEO post

Patricia Daddona |

One of the nation's largest health insurers, UnitedHealth Group, which has a major presence in downtown Hartford, announced Tuesday that its top executive Stephen J. Hemsley is leaving his CEO post.

In CT's battle with feds over rail, a new front in Fairfield County


Fresh off a recent victory in southeastern Connecticut, activists and U.S. Sen. Richard Blumenthal have begun organizing opposition to a second federally proposed rail segment. This time, the fight...

Hartford region jobless rate continues decline in June

Patricia Daddona |

Hartford area unemployment declined in the Capital City and region in June, according to an economic summary from the U.S. Bureau of Labor Statistics.

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