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FOX 61 | Connecticut breaking news, weather, traffic, sports and social media
Money
No, there will not be a dramatic drop in gas prices because of oil reserve releases
Holiday
Yes, Cyber Monday got its start because people shopped online at work
The National Retail Federation coined the term “Cyber Monday” in 2005 after noticing a spike in people shopping online at work on the Monday after Thanksgiving.
Holiday
Shoppers can expect fewer deals this holiday shopping season because of supply chain issues
Supply chain issues are impacting a lot of holiday shopping deals, but you can still find good discounts on some items including computers.
Money
No, the price of a whole turkey hasn’t nearly doubled since 2019
Yes, you’re probably paying more for a turkey this year than two years ago. But headlines claiming those prices have “nearly doubled” nationwide aren’t accurate.
National
Yes, you’re probably paying more for a turkey this year than two years ago
Headlines claiming those prices have “nearly doubled” nationwide aren’t accurate.
Money
Yes, the IRS adjusts federal income tax brackets every year
You may have seen recent headlines about tax brackets changing due to inflation. It’s something the IRS does every year.
Personal Finance
IRS adjusts federal income tax brackets for 2022
The IRS adjusts federal income tax brackets every year.
Money
No, the price of milk nationwide hasn’t risen by 40% in the last year
Milk prices have only increased by about 8% over the last year, not 40%, like a viral tweet claims.
Government
No, the Build Back Better bill does not include a methane tax on livestock
The methane fee outlined in the Build Back Better bill only applies to petroleum and natural gas systems, not to the agricultural industry.
Food
Yes, climate change could impact the production of beer
Water and barley are highly subject to climate change. And that impact could alter the taste of beer and lead to higher prices.
Business
Yes, businesses can be fined for not complying with the Biden administration’s vaccinate-or-test mandate
Fines from OSHA can range from more than $10,000 per violation to more than $100,000 per violation.
Money
No, wages have not grown more than inflation since last Thanksgiving
While making a comparison to last Thanksgiving, Biden claimed wages have grown more than inflation. But the two most followed inflation measures don’t back that up.
Holiday
Yes, Cyber Monday got its start because people shopped online at work
The National Retail Federation coined the term “Cyber Monday” in 2005 after noticing a spike in people shopping online at work on the Monday after Thanksgiving.
Holiday
Shoppers can expect fewer deals this holiday shopping season because of supply chain issues
Supply chain issues are impacting a lot of holiday shopping deals, but you can still find good discounts on some items including computers.
Money
No, the price of a whole turkey hasn’t nearly doubled since 2019
Yes, you’re probably paying more for a turkey this year than two years ago. But headlines claiming those prices have “nearly doubled” nationwide aren’t accurate.
National
Yes, you’re probably paying more for a turkey this year than two years ago
Headlines claiming those prices have “nearly doubled” nationwide aren’t accurate.
Money
Yes, the IRS adjusts federal income tax brackets every year
You may have seen recent headlines about tax brackets changing due to inflation. It’s something the IRS does every year.
Personal Finance
IRS adjusts federal income tax brackets for 2022
The IRS adjusts federal income tax brackets every year.
Money
No, the price of milk nationwide hasn’t risen by 40% in the last year
Milk prices have only increased by about 8% over the last year, not 40%, like a viral tweet claims.
Government
No, the Build Back Better bill does not include a methane tax on livestock
The methane fee outlined in the Build Back Better bill only applies to petroleum and natural gas systems, not to the agricultural industry.
Food
Yes, climate change could impact the production of beer
Water and barley are highly subject to climate change. And that impact could alter the taste of beer and lead to higher prices.
Business
Yes, businesses can be fined for not complying with the Biden administration’s vaccinate-or-test mandate
Fines from OSHA can range from more than $10,000 per violation to more than $100,000 per violation.
Money
No, wages have not grown more than inflation since last Thanksgiving
While making a comparison to last Thanksgiving, Biden claimed wages have grown more than inflation. But the two most followed inflation measures don’t back that up.
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