Economy

Governor Lamont announced Friday that phase 2 of the state’s reopening would now take place on June 17

The S&P 500 jumped another 2.6% Friday after a report said the U.S. job market surprisingly strengthened last month, bolstering hopes that the worst of the recession may have already passed

At a press conference on Friday to praise declines in U.S. unemployment rates, President Donald Trump briefly highlighted his plans to address the country’s widespread protests against police brutality, saying, “Our country is so strong and that’s what my plan is: we’re going to have the strongest economy in the world.”

Shares are higher in Asia after U.S. unemployment data gave the S&P 500 its first loss in five days

A judge has rejected Ponzi king Bernard Madoff’s bid for early release from his 150-year prison sentence

Germany’s governing parties have agreed on a 130 billion euro ($146 billion) stimulus package meant to help kick-start Europe’s biggest economy, which has taken a heavy hit from the coronavirus pandemic

Just nine weeks after Congress allocated more than $1 trillion in coronavirus stimulus funds, most of this direct cash assistance has dried up. The Cares Act that passed on March 27 set up multiple stimulus funds to help people with coronavirus related issues.  Here’s a roundup of the ones that make up the majority of the $1.6 trillion in direct…

Not all of the stimulus money headed to our state has arrived

As hair salons and casinos begin reopening, we want to know What’s On Your Mind

Asian shares are rising after Wall Street extended its gains for a third straight day, driven by optimism over economies reopening from shutdowns to stem the coronavirus pandemic

Asian shares are rising after Wall Street extended its gains for the third straight day, driven by optimism over economies reopening from shutdowns to stem the coronavirus pandemic

Parisians returned to the City of Light’s beloved sidewalk cafes as the French government eased lockdown restrictions Tuesday, but across the ocean, health experts expressed deep concerns as several Latin American countries opted to reopen their economies despite a rapid rise in coronavirus cases.

Foxwoods and Mohegan Sun opened their doors to the general public for the first time in months on Monday.

The coronavirus likely will sap about $7.9 trillion of economic activity over the next decade-plus even with all of the rescue funding being poured in to offset the pandemic’s impact, according to a government estimate Monday. Through fiscal 2030, the virus will reduce real economic output — nominal GDP adjusted for inflation — by 3% from initial economic estimates in January before…

Stocks closed higher on Wall Street Monday after shaking off a wobbly start

Middletown is taking steps to help its small businesses survive the economic fallout of the coronavirus. The small businesses along Main Street and across the city are a key piece of Middletown’s economy. The mayor said the city is trying to do what’s possible to make sure they’re around whenever the pandemic passes. As the hum of nightlife slowly...

With new U.S. economic numbers highlighting the rough road ahead for a hoped-for rebound, President Donald Trump took aim at the World Health Organization and China, blaming both for their roles in the pandemic’s devastation

Connecticut hair salons and barbershops are finally set to reopen after a last minute delay and many protests

The stock market erased an early drop and ended mixed, capping a strong week and month

Roughly 2.1 million Americans lost their jobs last week despite the gradual reopening of businesses around the country