Fair 55°
Tag:

Income

Business
CT Ranks Among Nation's Worst Tippers, Study Finds: Here's Why CT Ranks Among Nation's Worst Tippers, Study Finds: Here's Why
CT Ranks Among Nation's Worst Tippers, Study Finds: Here's Why Residents across the Northeast are earning high incomes but leaving some of the nation's lowest tips, according to a new study. Payment processing company BLogic Systems released a list of the 10 worst states for tipping. The analysis looked at average tip percentages, waitstaff wages, and public attitudes toward gratuities, combining them into a "Generosity Index." Connecticut landed third-worst nationwide, with an average tip of 19.8% and a Generosity Index score of 25.1 out of 100. The Constitution State's average income is $78,820, yet 92.4% of residents reported "tipping fati…

SHARE

by Chris Spiker
Business
Grocery Bills Causing Major Stress For Most Americans As Food Costs Rise: Poll Grocery Bills Causing Major Stress For Most Americans As Food Costs Rise: Poll
Grocery Bills Causing Major Stress For Most Americans As Food Costs Rise: Poll Most Americans say grocery prices are now a top source of stress, as inflation and President Donald Trump's tariffs drive up the cost of many everyday essentials, a new poll shows. About 86% said the cost of groceries is a "major" or "minor" source of stress in their lives, according to a national survey from the Associated Press-NORC Center for Public Affairs Research. More than half (53%) said supermarket prices were a major stressor, while just 14% said that groceries aren't a source of stress. Pollsters also found that two-thirds of households earning under $30,…

SHARE

by Chris Spiker
Business
Economic Expectations Sink To 14-Year Low As Trump's Tariffs Crush Consumer Confidence Economic Expectations Sink To 14-Year Low As Trump's Tariffs Crush Consumer Confidence
Economic Expectations Sink To 14-Year Low As Trump's Tariffs Crush Consumer Confidence Consumer confidence has continued its sharp decline in 2025 as President Donald Trump's tariffs fueled Americans' pessimism about the economy, jobs, and their own incomes. The Conference Board's Consumer Confidence Index dropped 7.9 points to 86.0 in April, the nonprofit said in a news release on Tuesday, April 29. This marked the fifth straight decline and the lowest reading since the early days of the COVID-19 pandemic. The Expectations Index, which tracks views of the next six months, plunged 12.5 points to 54.4 – its lowest level since October 2011. That's far b…

SHARE

by Chris Spiker
Business
Consumer Confidence Crashes To 12-Year Low As Trump Tariffs, Rising Prices Fuel Economic Gloom Consumer Confidence Crashes To 12-Year Low As Trump Tariffs, Rising Prices Fuel Economic Gloom
Consumer Confidence Crashes To 12-Year Low As Trump Tariffs, Rising Prices Fuel Economic Gloom Consumer confidence continued its freefall in March, tumbling to its lowest level since the early 2010s as inflation fears, President Donald Trump's rapidly changing tariff threats, and stock market pessimism weighed heavily on Americans. The Conference Board's Consumer Confidence Index fell 7.2 points in March to 92.9, the nonprofit said in a news release on Tuesday, Mar. 25. That was the lowest reading since late 2022 and well below the threshold that typically signals a looming recession. The steepest drop came in the Expectations Index, which fell 9.6 points to 65.2 — marking its l…

SHARE

by Chris Spiker
Lifestyle
US Median Household Income Rises For First Time Since Before COVID-19 Pandemic US Median Household Income Rises For First Time Since Before COVID-19 Pandemic
US Median Household Income Rises For First Time Since Before Covid-19 Pandemic Real median household income in the United States rose for the first time in four years. The amount of to $80,610 in 2023 marked the first annual increase since 2019 before the COVID-19 pandemic, according to a US Census Bureau report released this week. The report, Income in the United States: 2023, compares median household income by different characteristics, including race and Hispanic origin, and shows that not all groups had an increase in median household incomes from 2022 to 2023. Household characteristics are determined by the person, or one of the people, who owns or rents t…

SHARE

by Joe Lombardi