Latest News

UConn sports programs took in $79 million in 2018

University of Connecticut grossed $79 million in 2018, making it the 61st-highest-grossing college athletics program in the United States that year, according to a Connecticut Business Daily analysis of the latest federal data.

Connecticut ranks 10th worst in new economic outlook analysis

Connecticut finished 41st in a study by the website Rich States, Poor States that examined the 50 states’ economic outlooks based on 15 weighted policy measures.

Connecticut ranks 27th best on corporate tax study

Connecticut finished 27th in a study by the Tax Foundation examining how well states have structured their corporate income tax systems in 2020.

Connecticut among the 36 states with major tax changes in 2020

Connecticut was included in a new analysis from the Tax Foundation identifying 36 states that have major changes to their tax codes taking effect this year.

Connecticut job growth this year projected at 0.2%

Job growth in Connecticut is expected to reach 0.2 percent by the end of 2020, down from the state's 2019 job growth of 0.4 percent, according to a new study by Kiplinger that assessed state economic outlooks.

Connecticut has adequate funds to weather moderate recession

Connecticut would have adequate revenues to manage a moderate economic downturn without raising taxes or cutting services, according to a new analysis from Moody’s Analytics.

Connecticut ranks 47th in annual tax climate ranking

Connecticut finished 47th in a new study by the Tax Foundation showing which states are best at structuring their tax systems

College football coach is highest-paid public employee in Connecticut

Randy Edsall, head football coach at the University of Connecticut, earned $1.1 million in 2018, making Edsall the highest-paid public employee in VARIABLE 3 last year, according to a ranking by the website GOBankingRates.

Funding for arts agencies in Connecticut to reach $5.2 million in FY2020

Legislative appropriations for Connecticut arts agencies are projected to reach $5.2 million for fiscal year 2020, which equates to $1.46 per capita in the state, according to a report from the National Assembly of State Arts Agencies (NASAA).

Brian Farnen Pledges To Support Congressional Term Limits

2020 Connecticut state house candidate, Brian Farnen, (district 132), has committed support for term limits on Congress by signing the Term Limits Convention pledge.

Connecticut levies a total tax on lodging of 15%

Hotel room bills in Connecticut tack on a total state lodging tax of15 percent, the highest lodging tax rate in the nation, according to a study by the National Conference of State Legislatures (NCSL).

No counties in Connecticut are now 2nd Amendment sanctuaries

No counties in the state are now under a Second Amendment sanctuary law or ordinance, according to updates from the website Gunrightswatch.com and media reports.

1,181 borrowers in Connecticut filed for student loan forgiveness in 2nd quarter

Borrowers in Connecticut who sought forgiveness of their student loans in the second quarter of 2019 numbered 1,181, according to a new state-by-state analysis by the U.S. Department of Education.

$623.6 million in federal research dollars flowed to Connecticut in FY 2018

Federal agency research dollars going to Connecticut totaled $623.6 million in fiscal year 2018, according to a new analysis by the Research!America alliance.

Connecticut received $2.5 million in public broadcasting funds last year

The Corporation for Public Broadcasting allocated $2,491,223 in fiscal-year 2018 to support public television and radio in Connecticut, the 38th highest amount among the 50 states and the District of Columbia, CPB reported.

Connecticut 2-year college students pay $4,400 in tuition and fees

Connecticut two-year colleges charged students $4,400 in tuition and fees during the 2018-19 academic year, the 25th lowest cost among 49 states examined, the College Board said in a new report.

5 U.S. House members from Connecticut make $174,000 annually

Each of the five U.S. House of Representatives members representing Connecticut draws an annual salary of $174,000, according to the Congressional Research Service.

Metro Business Network