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FOX 61 | Connecticut breaking news, weather, traffic, sports and social media
Fairfield County
Up to 400 jobs are on chopping block with Sikorsky layoffs in Connecticut
Nation World
US employers added a surprisingly robust 303,000 jobs in March in a sign of economic strength
The report reflected the economy’s ability to withstand the pressure of high borrowing costs resulting from the Federal Reserve’s interest rate hikes.
Economy
'Solid job growth' in 2023 jobs report by Connecticut labor department
The labor department states the report shows job growth in 2023, and that 2024 got off to a good start.
VERIFY
Yes, Wendy’s is planning to implement dynamic pricing in 2025
Wendy’s clarified that it has “no plans” to raise prices during peak hours after its CEO said the company would test a dynamic pricing model at its restaurants.
Nation World
Federal Reserve signals that interest rate cuts aren't imminent and leaves them unchanged for now
The central bank kept its key rate unchanged at about 5.4%, a 22-year high.
Nation World
US economy's strong growth surprises economists
The latest data marked the sixth straight quarter in which GDP has grown at an annual pace of 2% or more.
Nation World
Americans' economic outlook brightens as inflation slows and wages outpace prices
Across the nation, paychecks have outpaced inflation over the past year, thereby easing Americans' adjustment to a higher cost of living.
State
State Bond Commission approves funding for security at houses of worship, HVAC upgrades at schools, homeownership program
“I've seen hate speech can sometimes turn into hate crimes and we're doing everything we can to not allow that to happen" said Gov. Lamont.
Local News
Analysis says DEEP underestimates revenue impact of banning new gas cars in 2035
The non-partisan Office of Fiscal Analysis says DEEP's estimate is off by a factor of three; the agency disagrees, but no one has a crystal ball.
Nation World
Stock market today: Wall Street drifts as momentum slows from a huge rally to start the year
Tesla was one of the stronger stocks in the market, rising 7.4%.
Nation World
Rolling recession? Richcession? What analysts say about the US economy's current path
Analysts point to two trends that may help stave off an economic contraction. Here's how it could all play out.
Nation World
Packages from China are surging into the U.S. Lawmakers wonder if an $800 exemption was a mistake
Under current U.S. law, most imports valued at less than $800 enter duty-free into the United States as long as they're packaged and addressed to individual buyers.
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