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Economics

Politics
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…

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by Joe Lombardi
Business
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,…

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by Joe Lombardi
Obituaries
Young New Canaan HS Grad Remembered As Talented Musician After Untimely Death Young New Canaan HS Grad Remembered As Talented Musician After Untimely Death
Young New Canaan HS Grad Remembered As Talented Musician After Untimely Death A freshman at a prestigious Massachusetts college who graduated from a Connecticut high school in 2023 is being remembered as a brilliant musician who always followed his curiosity into success.  The death of Fairfield County resident Toby Woods, a 2023 graduate of New Canaan High School who was a freshman at Williams College in the Berkshire County town of Williamstown, was announced by officials at both schools on Friday, Feb. 23.  Earlier Report - Young New Canaan HS Grad Dies: 'He Will Be Sorely Missed,' Superintendent Says In a letter to students, faculty, and staff, Wi…

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by Ben Crnic