Connecticut

Connecticut News

  • Cash Piles Up as U.S. CEOs Play Safe With Slow-Growth Economy

    Updated 37 minutes ago

    Any lament that U.S. executives are sitting on a record $1.73 trillion at their companies instead of investing in plants and equipment may be about to get louder.

  • Senate Leaders Millionaires in Financial-Disclosure Data

    Updated 2 hours, 16 minutes ago

    Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell reported their net worth in the millions of dollars as the U.S. Senate released personal financial disclosure reports for its members.

  • Gun Groups Sue Connecticut Over New Weapons Restrictions

    Gun sellers and owners and firearms advocacy groups sued the state of Connecticut in federal court seeking to block enforcement of weapons restrictions enacted after last year’s deadly school shooting.

  • U.S. Stocks Fall on Concern Fed Will Scale Back Stimulus

    U.S. stocks fell, with benchmark indexes retreating from record highs, as concern grew that the Federal Reserve will scale back its stimulus efforts if the labor market continues to improve.

  • Mortgage-Bond Yields Guiding Loan Rates Rise to Highest in Year

    Updated 2 hours, 40 minutes ago

    Yields on Fannie Mae and Freddie Mac mortgage bonds that guide U.S. home-loan rates climbed to the highest in almost a year as Federal Reserve Chairman Ben S. Bernanke told Congress the central bank may cut the pace of bond purchases in the “next few meetings.”

  • Stocks Slide With Treasuries, Gold as Dollar Jumps on Fed

    U.S. stocks slid, dragging benchmark indexes to their worst drop in three weeks, and Treasuries and gold tumbled on concern the Federal Reserve will scale back stimulus efforts if the labor market improves.

  • Don't Let House Lust Overrule Common Sense

    If you live on either coast, you've probably already seen this: the housing sales market is getting downright frothy. Here's a Bloomberg story about a $190 million listing (not a typo) for a home in Greenwich, Connecticut. That's froth. As Bloomberg News also reported recently, the frenzy has been sparked ``by the Federal Reserve’s drive to push down borrowing costs, a scarcity of listings and Wall Street’s new appetite for foreclosed homes.''

  • Cable Companies Chafe as Low-Rated Channels Change Names

    Updated 1 hour, 50 minutes ago

    Cable networks are rebranding themselves, and pay-TV operators aren’t pleased.

  • GE Weighs IPO for Parts of Shrinking Finance Business

    General Electric Co. is considering spinning off parts of its finance unit through an initial public offering as Chief Executive Officer Jeffrey Immelt works to shrink the business.

  • WTI Falls as Gasoline Supplies Rise 3 Million Barrels

    West Texas Intermediate oil fell the most in three weeks as a government report showed U.S. gasoline supplies unexpectedly gained and crude stockpiles declined less than expected.

Advertisement
Sponsored Links
Advertisement
Curation software by Lingospot