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Economics

This CT City Just Became The Hottest Housing Market In The Nation This CT City Just Became The Hottest Housing Market In The Nation
This CT City Just Became The Hottest Housing Market In The Nation Trying to buy a home in one of Connecticut's busiest cities this year may require deep pockets, quick reflexes, and a little luck. Hartford is the hottest housing market in the country, according to Zillow’s new forecast for 2026. The report pushes the Connecticut capital past Buffalo, which led the list for the past two years. The ranking matters for local buyers and sellers. It points to stiff competition, fast sales, and rising prices across the region this year. Zillow says the main problem is simple: There are not enough homes. That shortage drove quick sales and sharp price gains in…
Most Americans Won't Upgrade To New iPhone 17, Survey Finds: Here's Why Most Americans Won't Upgrade To New iPhone 17, Survey Finds: Here's Why
Most Americans Won't Upgrade To New iPhone 17, Survey Finds: Here's Why As Apple rolls out its new iPhone 17 lineup, nearly six in 10 Americans say they won't be upgrading because of President Donald Trump's tariffs and rising costs. WalletHub said that 59% of people in the US will skip buying a new phone in 2025 due to Trump's tariffs and inflation, according to a survey released on Tuesday, Sept. 9. The findings came on the same day Apple unveiled its new generation of devices, including the thinnest iPhone ever. Preordering for all iPhone 17 models began on Friday, Sept. 12, and the smartphones will be officially released on Friday, Sept. 19. "When day…
You Can Now Trade NFL, College Football Games Like Stocks: Here's How You Can Now Trade NFL, College Football Games Like Stocks: Here's How
You Can Now Trade NFL, College Football Games Like Stocks: Here's How You can soon trade the outcomes of NFL and college football games like they're stocks. Robinhood is rolling out professional and college football prediction markets on its app, the financial services company announced on Tuesday, Aug. 19. Customers can now trade on outcomes for all regular-season NFL matchups, as well as top college games. The Prediction Markets Hub will allow users the chance to trade contracts tied to the outcomes of every pro game and matchups across Power 4 schools and Football Bowl Subdivision (FBS) independents. "Football is far and away the most …
Teen Accepted Into Harvard, Yale, Princeton: These 3 Things His Parents Did Made The Difference Teen Accepted Into Harvard, Yale, Princeton: These 3 Things His Parents Did Made The Difference
Teen Accepted Into Harvard, Yale, Princeton: These 3 Things His Parents Did Made The Difference A teenager from New Jersey is headed to Harvard this fall — and says the secret to his success had nothing to do with paid help or private tutors. Salman Chowdhury, of Paterson, was accepted into 10 of the top 25 universities in the U.S., including Harvard, Yale, Princeton, Columbia, and the University of Pennsylvania. He was also offered a full merit-based scholarship to Washington University in St. Louis as a Langsdorf Scholar. Chowdhury, who recently graduated as valedictorian from the STEM Academy at Passaic County Technical-Vocational Schools (PCTI) in Wayne, chose Harvard. He wi…
Princeton Rower Killed In South Africa Helped Lead School To Ivy League Championship Princeton Rower Killed In South Africa Helped Lead School To Ivy League Championship
Princeton Rower Killed In South Africa Helped Lead School To Ivy League Championship Kerry Grundlingh, a 21-year-old student at Princeton University was killed on Sunday, July 27, after being hit by a car while cycling in her native South Africa, the school announced. Grundlingh, an economics major was an accomplished athlete who was a member of the women's open rowing team at Princeton, and rowed for South Africa in international competitions, the university said. With the heaviest hearts, we mourn the tragic loss of Kerry Grundlingh. To the Grundlingh family and all those who... Posted by Row SA on Sunday, July 27, 2025 This past season, Grundlingh was part of t…
Former CT Lax Player, Teacher Greg Swenson Dies 6 Months After Welcoming Baby Former CT Lax Player, Teacher Greg Swenson Dies 6 Months After Welcoming Baby
Former CT Lax Player, Teacher Greg Swenson Dies 6 Months After Welcoming Baby The death of Gregory "Greg" Swenson, a new father, educator, and lifelong athlete, is spreading shock and sadness across multiple states. Greg, 29, of Cranford, NJ, died peacefully on Saturday, July 12 following a short illness, according to his obituary on the Gray Funeral Home. Greg's death comes six months after welcoming a baby boy, Lars, with his wife and college sweetheart, Morgan. A GoFundMe page launched for the pair had raised nearly $70,000 as of press time. A Farmingdale, NY native, Greg later moved to East Lyme where he was a three-sport athlete at East Lyme High School, h…
Yale Grad Fred Smith, Billionaire FedEx Founder, Dies Yale Grad Fred Smith, Billionaire FedEx Founder, Dies
Yale Grad Fred Smith, Billionaire FedEx Founder, Dies Billionaire entrepreneur Fred Smith, who founded the FedEx Corporation and turned the multinational delivery service into the world's largest transportation company as its chairman, has died. The Yale University graduate and Marine Corps veteran was 80 years old. Known as an innovator, Smith revolutionized parcel delivery with next-day air service. He once said, "I love that phrase, 'If you don't like change, you're going to hate extinction.' You've got to change." "Fred was more than just the pioneer of an industry and the founder of our great company," FedEx CEO Raj Subramaniam said…
Three CT Cities Among World's Top 200 In New Study: Here's Why Three CT Cities Among World's Top 200 In New Study: Here's Why
Three CT Cities Among World's Top 200 In New Study: Here's Why Two Northeast cities have been recognized among the 10 best in the world, according to a new study. Oxford Economics has released its 2025 Global Cities Index. New York City ranked No. 1 in the world for the second straight year, while Boston climbed into the global top 10 at No. 8 overall. The index evaluates 1,000 cities across five categories. The annual report scored cities on economics, human capital, quality of life, environment, and governance. Researchers said the index helps guide decisions for investors and policymakers. "Leveraging our best-in-class urban economic for…
Egg Prices Leave Wallets Scrambled: Easter 2025's Costs Outlined In New Study Egg Prices Leave Wallets Scrambled: Easter 2025's Costs Outlined In New Study
Egg Prices Leave Wallets Scrambled: Easter 2025's Costs Outlined In New Study Easter traditions are taking a hit this year – especially in the Northeast – as rising prices push families to scale back holiday plans, according to a new survey. Nearly half of Americans plan to skip dyeing eggs in 2025 because of rising costs, WalletHub said in its annual Easter Survey released on Tuesday, April 15. The personal finance website surveyed 200 adults nationwide about their preparations for the important Christian holiday that falls on Sunday, April 20. WalletHub found that 47% of Americans are passing on dyed eggs in 2025. Nearly two in five said that President Donald Trump…
CT Among Least Federally Dependent States, New Study Says CT Among Least Federally Dependent States, New Study Says
CT Among Least Federally Dependent States, New Study Says Some states in the Northeast and mid-Atlantic rely heavily on federal dollars, while others send far more to Washington than they get back, according to a new study. WalletHub released its 2025 list of Most & Least Federally Dependent States on Monday, Mar. 10. The study ranked all 50 states based on metrics like return on federal taxes paid, federal funding as a share of state revenue, and the percentage of federal jobs. The report showed a sharp divide in federal dependency across the US, with many Democratic-leaning states contributing more in taxes than they receive a…
Trump Wants US Treasury To Stop Making Pennies: Here's Why Trump Wants US Treasury To Stop Making Pennies: Here's Why
Trump Wants US Treasury To Stop Making Pennies: Here's Why President Donald Trump is calling for an end to the production of pennies, arguing that the cost of minting them far exceeds their actual value.  As he departed the Super Bowl in New Orleans on Sunday night, Trump took to Truth Social to announce his directive to halt penny production, calling it a "wasteful" government expense. "For far too long the United States has minted pennies which literally cost us more than 2 cents," Trump wrote. "Let's rip the waste out of our great nations budget, even if it's a penny at a time." The financial burden of the penny has long been debated. Acco…
Marriott Plans To Lay Off Over 800 Corporate Employees Marriott Plans To Lay Off Over 800 Corporate Employees
Marriott Plans To Lay Off Over 800 Corporate Employees Global hotel chain Marriott International is planning to lay off hundreds of employees by the start of the new year. According to a Maryland Work Adjustment and Retraining Notification (WARN) filing, the company, based in Bethesda, listed 833 people slated to lose their jobs by Wednesday, Jan. 3. Despite the development, Chief Executive Officer Anthony Capuano said business is solid. "Our business momentum is excellent, and as a company that embraces change, we continue to evolve our business to support our global growth," Capuano said in a third-quarter earnings call late last month,…