LATEST NEWS

Pre-pandemic, Houlihan Lawrence reports mostly solid Q1 regional housing activity

Westchester saw 1,050 single-family homes sales, compared to 984 from one year earlier.

COVID-19 LATEST: Deaths top 100; CT to receive about $1.45 billion...

The $2.5 billion in the state’s Budget Reserve Fund (also known as the Rainy Day Fund) puts Connecticut "in pretty good shape" through at least June 30, said Gov. Ned Lamont. “Obviously, this is the rainy day,” added Secretary of the Office of Policy and Management Melissa McCaw. “We are well-positioned to weather this storm.”

Stamford’s Lovesac Co. chops C-Suite compensation, furloughs 445 part-timers

The furloughed workers represent 57% of the Stamford-based company's workforce.

Westport’s Paper Source furloughs staff

The furloughs "will continue indefinitely, but are intended to be temporary and last less than six months," the store says.

Unemployment claims soar in NY; not so dramatic in CT

The U.S. Department of Labor this morning released unemployment statistics for the week ending March 28 that are the highest recorded since the department started tracking them.

COVID-19 LATEST: 16 more deaths in CT, including 6-week-old; ‘Desperate’ need...

In other developments today: The state is currently on track to end Fiscal Year 2020 with a General Fund deficit of $170 million; a new statewide organization has been formed to help Connecticut's nonprofits; and according to one model, Connecticut’s hospitals will hit peak resource use on April 16, at which time there will be a shortage of 2,167 hospital beds and a deficit of 499 ICU beds. The same model predicts 1,092 virus-related deaths here through Aug. 4.

CT hospitals losing up to $400 million a month during COVID-19...

The state's hospitals have spent between $75 million and $100 million to date for supplies, equipment, training and increasing patient capacity, the Connecticut Hospital Association said.

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