CT News Junkie

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

Financial Sector

October 18, 2018

Connecticut Lost Jobs In September, But Gained More In August

by Christine Stuart | Oct 18, 2018 11:30am
Posted to: The Economy | Leisure & Hospital Sector | Manufacturing Sector | Retail Sector | Financial Sector | Trade, Transportation, Utilities Sector | Jobs | Labor

Jorge Rose Oberreich via Shutterstock

HARTFORD, CT — Connecticut lost 500 jobs in September, according to the U.S. Bureau of Labor Statistics. However, it also revised the August job gains from 2,200 to 3,300 jobs — 1,000 more than initially reported.

Continue reading "Connecticut Lost Jobs In September, But Gained More In August" »

October 2, 2018

British Payday Lenders Play Role In Connecticut Governors Race

by Christine Stuart | Oct 2, 2018 10:00am
Posted to: Consumer Protection | Election 2018 | Law Enforcement | Financial Sector

Screen grab of the newest ad

HARTFORD, CT — (Updated 2 p.m.) Bob Stefanowski’s role as CEO of a payday lending company was an easy target for Ned Lamont’s campaign, but in his latest television commercial Stefanowski counters that somehow it was Lamont’s family who benefited from investments in payday loans.

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August 30, 2018

Keeping Score

by Peter Urban | Aug 30, 2018 11:15pm
Posted to: Congress | Courts | DC News Junkie | The Economy | Financial Sector | White House

How Connecticut’s congressional delegates voted on key legislation for the week ending Friday, Aug. 31, 2018.

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July 16, 2018

Senator Questions $10M for Company Coming to West Hartford

by Christine Stuart | Jul 16, 2018 3:00am
Posted to: Business | Economic Development | The Economy | Technology sector | Financial Sector | Jobs | West Hartford

Christine Stuart / ctnewsjunkie

HARTFORD, CT — While he was “cautiously optimistic,” Senate Republican President Len Fasano has serious concerns about the state’s decision to give Seven Stars Cloud $10 million to bring its headquarters to the former University of Connecticut campus in West Hartford.

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July 6, 2018

UConn Moves Forward With Sale of West Hartford Campus

by Christine Stuart | Jul 6, 2018 12:34pm
Posted to: Economic Development | The Economy | Technology sector | Financial Sector | Education | West Hartford

Peter Morenus/UConn File Photo

HARTFORD, CT — The University of Connecticut Board of Trustees unanimously approved the sale of its West Hartford campus to Seven Stars Cloud, a financial services and technology firm.

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July 3, 2018

Financial Technology Firm Eyes Former UConn Campus

by Christine Stuart | Jul 3, 2018 1:07pm
Posted to: Business | Economic Development | The Economy | Technology sector | Financial Sector | West Hartford

Christine Stuart / ctnewsjunkie

HARTFORD, CT — The greater Hartford region is fast becoming a “technology hub” and the latest addition to that innovation ecosystem may be Seven Stars Cloud, a Chinese company hoping to use artificial intelligence and blockchain technology to transform financial markets.

Continue reading "Financial Technology Firm Eyes Former UConn Campus" »

June 1, 2018

Jobs and Transportation Top Bond Commission Agenda

by Christine Stuart | Jun 1, 2018 11:54am
Posted to: Business | Economic Development | The Economy | Financial Sector | Federal Budget | Town News | Jobs | Manufacturing | Military Spending | National Security | State Budget | State Capitol | Transportation | Wall Street

Christine Stuart / ctnewsjunkie

HARTFORD, CT — The state Bond Commission approved $233.5 million in general obligation bonds Friday, including $1.5 million for a Massachusetts manufacturing company to relocate to Putnam, $9 million for PriceWaterhouseCoopers LLP to expand in Stamford, and $35 million to help Electric Boat in Groton ramp up for production of Columbia class submarines.

Continue reading "Jobs and Transportation Top Bond Commission Agenda" »

May 25, 2018

Keeping Score

by Peter Urban | May 25, 2018 5:33pm
Posted to: Congress | Consumer Protection | DC News Junkie | Federal Budget | Military Spending | National Security | Veterans Affairs | White House | Financial Sector

Key votes for the week ending Friday, May 25, 2018.

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March 5, 2018

Republican Hedge-fund Founder Announces Run for Governor

by Christine Stuart | Mar 5, 2018 6:37pm
Posted to: The Economy | Financial Sector | Election 2018 | State Capitol | Greenwich

Christine Stuart / ctnewsjunkie

HARTFORD, CT — David Stemerman, the Republican who launched a hedge fund in 2008 after moving his family to Connecticut, doesn’t want to live anywhere else.

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Connecticut Has Investments In Gun Makers

by Christine Stuart | Mar 5, 2018 5:30am
Posted to: Business | Public Health | Public Safety | Wall Street | Newtown | Pensions | Manufacturing Sector | Financial Sector

jack kramer / ctnewsjunkie

HARTFORD, CT — The state of Connecticut has $16.5 million or 0.05 percent of its six pension funds and nine trust funds invested in five companies that manufacture guns.

Continue reading "Connecticut Has Investments In Gun Makers" »

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