Financial

Latest Connecticut Financial

unemployment

State Unemployment Rate At 5.4%

(Hartford, Conn./CBS Connecticut) – The jobless rate in Connecticut is at its lowest level in seven years. Numbers today from the state Department of Labor show a gain of 4,100 for the month of July. […]

08/20/2015

Earns Aetna

Health Insurers Merging

HARTFORD, Conn. (AP) _ Aetna will spend $37 billion to buy rival Humana in a deal that would significantly bulk up its government business and create the nation’s second-largest health insurer The cash-and-stock acquisition, announced […]

07/03/2015

Colt logo (courtesy their website)

Gun Manufacturer Secures Financing

 WEST HARTFORD, Conn. (AP) _ Colt Defense has announced an agreement with its secured lenders for $20 million in credit to allow ordinary business operations to continue during its chapter 11 bankruptcy proceedings. Colt said […]

06/24/2015

(David Surowiecki/Getty Images)

UConn Trustees Approve Budget

STORRS, Conn. (AP) _ The University of Connecticut Board of Trustees has approved a $1.3 billion budget for the main campus in Storrs and five regional campuses for the 2015-2016 fiscal year, including a previously […]

06/24/2015

CT state capitol

Plan To Raise Taxes Approved By Finance Committee

By SUSAN HAIGH  Associated Press    HARTFORD, Conn. (AP) _ The General Assembly’s tax committee approved a Democratic plan on Wednesday that would increase personal income tax rates for high-earners, extend Connecticut’s sales tax to […]

04/29/2015