Business

Business, economic news

The Norwalk and Danbury hospitals have officially merged. Officials made the announcement Wednesday night at the Norwalk Hospital’s annual meeting. 

NY Fed mostly positive on Conn. recovery

Jan 15, 2014

An economist with the Federal Reserve Bank of New York gave a mostly positive outlook for 2014 for Connecticut, despite the state's slow pace coming out of the recession.

Connecticut and New York will lag behind western states in job growth in 2014. That’s according to a report by the Pew Center for Charitable Trusts published today. Connecticut does fare the best overall of the New England states, however.

The American Association for Retired Persons says it takes those who are unemployed over age 50 about one year on average to find a new job.  That's almost twice as long as someone under 50.

Connecticut Plagued by a Soaring Foreclosure Rate

Jan 2, 2014
Kaomi Goetz

Last month, foreclosure filings sunk to the lowest number since the housing crisis began eight years ago. Home prices are up nationwide. But the recovery isn’t being felt everywhere. In fact, in some states like Connecticut, foreclosures are soaring.   

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