CT News Junkie

A Connecticut news site that understands the usual media offerings just…aren’t…enough.

The Economy

January 12, 2018

DC NEWS JUNKIE | Trump Touts QPoll’s Upbeat Finding on Economy

by Peter Urban | Jan 12, 2018 5:29am
Posted to: Business | Real Estate | Congress | DC News Junkie | Economic Development | The Economy

Devesh Khanna via Shutterstock
President Donald Trump turned to the Quinnipiac University Poll on Thursday to highlight the public’s view that the U.S. economy is on the right track.

“In new Quinnipiac Poll, 66% of people feel the economy is “Excellent or Good.” That is the highest number ever recorded by this poll,” he tweeted.

Continue reading "DC NEWS JUNKIE | Trump Touts QPoll’s Upbeat Finding on Economy" »

January 5, 2018

Connecticut Lawmakers Expected to Debate Legalizing Marijuana Despite Federal Rule Change

by Jack Kramer | Jan 5, 2018 5:30am
Posted to: Agriculture | Business | The Economy | Health Care | Jobs | State Capitol

shutterstock HARTFORD, CT — With the biggest state in the country now selling recreational marijuana and Massachusetts ready to start in a matter of months it’s a sure bet that legalizing pot will once again be a hot issue when the General Assembly session opens in February.

Continue reading "Connecticut Lawmakers Expected to Debate Legalizing Marijuana Despite Federal Rule Change" »

December 21, 2017

Connecticut Loses Jobs In Four of The Last Five Months

by Christine Stuart | Dec 21, 2017 10:00pm
Posted to: The Economy | Jobs | Labor

Courtesy of DataCore Partners HARTFORD, CT — Connecticut continued to lose jobs in November, according to numbers from the U.S. Bureau of Labor Statistic.

Continue reading "Connecticut Loses Jobs In Four of The Last Five Months" »

December 20, 2017

DC NEWS JUNKIE | White House Cheers Passage of Tax Bill; Connecticut Delegation United in Opposition

by Peter Urban | Dec 20, 2017 4:46pm
Posted to: Congress | DC News Junkie | The Economy | Federal Budget | Jobs | Taxes

Pedro Helder Pinheiro via shutterstock
President Donald Trump celebrated passage of a $1.5 trillion tax bill that cleared Congress on Wednesday afternoon without a single Democrat in support.

“I promised the American people a big, beautiful tax cut for Christmas. With final passage of this legislation, that is exactly what they are getting,” Trump said in a statement after the House voted 224-201 to pass the bill that would overhaul federal tax policy for the first time in decades. The Senate voted, 51-48, early Wednesday morning for it.

Continue reading "DC NEWS JUNKIE | White House Cheers Passage of Tax Bill; Connecticut Delegation United in Opposition" »

December 19, 2017

Malloy Looks To Commission To Help Preserve His Legacy, Jump Start Legislature

by Christine Stuart | Dec 19, 2017 5:29am
Posted to: Economic Development | The Economy | State Budget | Pensions | Taxes | State Capitol | Transportation

Christine Stuart  / ctnewsjunkie HARTFORD, CT — Gov. Dannel P. Malloy is hoping a 14-member group of business leaders can help him convince the legislature to make some tough, but necessary progress in his final year in office.

Continue reading "Malloy Looks To Commission To Help Preserve His Legacy, Jump Start Legislature" »

December 18, 2017

DC NEWS JUNKIE | GOP Plans Tax Cut Vote; Senate to Confirm ‘Badass’ Greenwich Banker

by Peter Urban | Dec 18, 2017 4:34pm
Posted to: Business | Congress | DC News Junkie | The Economy | Manufacturing Sector | Federal Budget | Jobs | Manufacturing | Taxes | Wall Street | White House

Orhan Cam via Shutterstock
Congressional Republicans plan this week to approve an overhaul of federal tax policy that would provide substantial savings to corporations and make filing taxes simpler for many Americans.

The bill, negotiated last week between the House and Senate Republicans, is not expected to draw any support from Democrats who voted against earlier versions that cleared the two chambers. The new bill, which is subject to an up-or-down vote, more closely follows the Senate-approved version.

Continue reading "DC NEWS JUNKIE | GOP Plans Tax Cut Vote; Senate to Confirm ‘Badass’ Greenwich Banker" »

Millstone Owner Argues Costs Are Driven Up By Being In Connecticut

by Jack Kramer | Dec 18, 2017 11:30am
Posted to: The Economy | Energy Sector | Energy | Environment | Waterford

U.S. Department of Energy photo HARTFORD, CT — A preliminary report that concludes that the Millstone nuclear power station can operate at a profit until 2035 doesn’t represent the additional cost of doing business in Connecticut, an official with the plant’s corporate owner said.

Continue reading "Millstone Owner Argues Costs Are Driven Up By Being In Connecticut" »

December 12, 2017

Regents Ready Community College Consolidation

by Jack Kramer | Dec 12, 2017 5:29am
Posted to: The Economy | Education | Labor | State Budget

Jack Kramer / ctnewsjunkie file photo HARTFORD, CT - A much debated - and by some criticized - plan to restructure the state’s community colleges is due for a vote by the Board of Regents this Thursday.

Continue reading "Regents Ready Community College Consolidation" »

December 1, 2017

OP-ED | On Crumbling Foundations, Connecticut Shows a Bipartisan Streak

by Terry Cowgill | Dec 1, 2017 5:30am
Posted to: Analysis | Business | Real Estate | Congress | Consumer Protection | The Economy | Town News | Opinion | State Budget | White House

doug hardy / ctnewsjunkie with shutterstock artwork
If there’s any better proof that safety in numbers can bring people together, then I don’t know where it is. Last year we learned that anywhere from hundreds to perhaps tens of thousands of homeowners — most of them in northern and eastern Connecticut — have the misfortune of owning homes whose foundations are crumbling.

As of almost a year ago, more than 500 homeowners had complained to the state Department of Consumer Protection, though the General Assembly’s nonpartisan Office of Fiscal Analysis thinks the number of homes at risk could be anywhere between 20,000 and 30,000. And the cost of replacing a foundation — involving as it does the lifting of the house and the demolition of the old foundation — can run $200,000 or more.

Continue reading "OP-ED | On Crumbling Foundations, Connecticut Shows a Bipartisan Streak" »

November 30, 2017

Report Finds That Connecticut’s Housing Market Is Changing

by Christine Stuart | Nov 30, 2017 11:53am
Posted to: The Economy | Town News | Housing | Jobs

HARTFORD, CT — A new report on Connecticut’s housing market shows an increase in rental households and a decrease in chronic homelessness.

Continue reading "Report Finds That Connecticut’s Housing Market Is Changing" »

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