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CT banks’ profits up 122% over last year

Meanwhile, full-time employment at the state's 32 banks has continued to decline.

Foxwoods betting big on return to regular business, iGaming/sports betting, says...

“It’s been quite a ride,” says Jason Guyot. “Business levels still haven’t picked up to where they were pre-pandemic, and we’re still off on the revenue side.”

Employment up, unemployment rate down in May as U.S. continues to...

The unemployment rate decreased by 0.3% in May, to 5.8%, compared to 13.3% in May 2020.

$20 million of Emergency Rental Assistance set aside for Westchester

New York state's Emergency Rental Assistance Program will provide $2.7 billion to households at risk of homelessness or housing instability, $20 million of which is earmarked for Westchester County.

Curtain rises (a bit): Theaters try to spring back after major...

“I’m an optimistic guy, or I wouldn’t work in the arts,” says Westport Country Playhouse Managing Director Michael Barker.

Stamford pet food firm Canidae reaps rewards with third-party recruitment firm

With sales jumping by some 400% last year, the company needed help in expanding its workforce.

NYS launches $800M small business grant program, $2.7B in residential rental...

The goal of the program is to help small businesses recover from the financial toll of the pandemic.

Small business survey finds opinion split on when profitability could return

Eight out 10 reported a decline in revenue, while three quarters reported a revenue decline of 25% or more, over the prior year.

Union Savings Bank emerges from pandemic stronger, but plenty of challenges...

“A lot depends on how quickly people go back to their old behaviors,” the Danbury bank's president and CEO says.

CT House passes bill to restore depleted unemployment insurance trust fund

The trust fund has been insolvent for 48 of the last 50 years.

SBA: Restaurant Revitalization Fund relief will start arriving today

The agency says that over 50,000 additional PPP loans have been approved, totaling $3.1 billion for Connecticut businesses and entities in 2021.

Panel weighs in on how Stamford and region can continue...

“Instead of looking at somebody else’s garden and trying to steal the fruit and bring it over, we need to be planting seeds here – seeds of talent and investment that will grow themselves," said former Lamont administration policy adviser Nick Simmons.

Local food producers eligible for $92.2 million in USDA grant funding

Aside from general support for local and regional food markets and businesses, the grants will be used for direct producer-to-consumer marketing and value-added agricultural products.

Report: NY, CT lost 60K hospitality jobs in 2020, could shed...

The unemployment rate in the accommodation sector remains 330% higher than the rest of the economy, according to the American Hotel & Lodging Association.

Workers at 33 nursing homes threaten to strike starting May 14

The union maintains that workers at 51 nursing homes have remained on the job so far despite their contracts having expired on March 15.