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Cheers: Lamont Announces New Tax Reduction On Beer In Connecticut Cheers: Lamont Announces New Tax Reduction On Beer In Connecticut
Cheers: Lamont Announces New Tax Reduction On Beer In Connecticut Craft brewers in Connecticut are saying cheers, as taxes on beer in the state are set to decrease by nearly 17 percent under the newly enacted state budget. Gov. Ned Lamont made the announcement on Wednesday, July 14. Lamont said the decision was made to support the craft brewery industry.  “Connecticut’s craft brewery industry has been booming in recent years, and it is evidenced by the growth of hundreds of new jobs for our state’s residents,” the governor said. “We should be doing everything we can to support locally-owned small businesses, including craft breweries." Lamont said a…

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by Nicole Valinote
Lifestyle
COVID-19: Pandemic Creates New Crop Of Customers Boosting Sales For Some Suburban Businesses COVID-19: Pandemic Creates New Crop Of Customers Boosting Sales For Some Suburban Businesses
Covid-19: Pandemic Creates New Crop Of Customers Boosting Sales For Some Suburban Businesses With all of the business closures caused by COVID-19, there may not have been anyone who predicted the pandemic could give Main Street a boost. But that’s just what people are seeing in the suburbs. More and more people stuck at home are checking out their local shops, according to a recent article in The New York Times. By some estimates, the COVID-19 pandemic and economic restrictions meant to stop the spread of the disease shuttered almost 100,000 businesses nationally. “Repeat business is particularly important for small businesses in the suburbs, and some are finding that customers …

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by Kristin Palpini
Business
COVID-19: Popular Market In Fairfield County To Close After Half-Century In Business COVID-19: Popular Market In Fairfield County To Close After Half-Century In Business
Covid-19: Popular Market In Fairfield County To Close After Half-Century In Business A Fairfield County staple for nearly 50 years will be forced to shut its doors due to financial hardships brought on by the COVID-19 pandemic. Owner Jim Magee of Peter’s Weston Market announced on Wednesday, Jan. 27 that the popular market, which had been struggling financially before the pandemic, will have to close its doors for good after a last-ditch fundraising effort failed. Magee said that over the last five years, sales have declined 10 percent annually, though expenses have increased. The financial struggles were then compounded by the pandemic, which limited in-store sales and hur…

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by Zak Failla
News
COVID-19: Here's When To Expect Second Stimulus Check To Arrive COVID-19: Here's When To Expect Second Stimulus Check To Arrive
Covid-19: Here's When To Expect Second Stimulus Check To Arrive Relief is on the way for Americans financially strapped during the COVID-19 crisis. Congressional leaders unveiled on Sunday, Dec. 20 an approximately $900 billion stimulus deal that will provide Americans that qualify direct payments of $600 to help offset the hardships caused during the pandemic. The $600 is half of what was directed during the first round of stimulus checks earlier this year. Treasury Secretary Steve Mnuchin told CNBC on Monday that the checks could be in Americans’ bank accounts in a matter of just a few days for those who have direct deposit info on file with the IRS.…

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by Zak Failla
Business
COVID-19: Layoffs Soar As Companies Brace For Years Of Disruption Due To Pandemic COVID-19: Layoffs Soar As Companies Brace For Years Of Disruption Due To Pandemic
Covid-19: Layoffs Soar As Companies Brace For Years Of Disruption Due To Pandemic The COVID-19 pandemic has forced tens of thousands out of work, some of whom will have no job to return to once the virus has run its course in this country. Numerous industries will be permanently changed by the virus after thousands were furloughed or laid off while companies made the necessary audibles to stay afloat during the pandemic. Some companies that vowed to return furloughed employees back to work have also announced that they will drastically be reducing their workforces in an effort to keep costs down to account for financial losses that were accrued due to the COVID-19 outbr…

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by Zak Failla
Lifestyle
COVID-19: Here's Percentage Of Americans Ordering Takeout To Help Small Businesses COVID-19: Here's Percentage Of Americans Ordering Takeout To Help Small Businesses
Covid-19: Here's Percentage Of Americans Ordering Takeout To Help Small Businesses The majority of Americans have been taking steps to support the local businesses that have been hit the hardest during the novel coronavirus (COVID-19) pandemic, according to a new survey. Pollsters surveyed 1,036 Americans around the country over several days, which determined that 76 percent of Americans said they are more likely to buy from a local business than a larger big-box store. Of those polled, 74 percent said they were supporting the small business community by ordering more takeout during the pandemic.  The survey found that 47 percent find themselves supporting small bus…

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by Zak Failla
News
COVID-19: White House Works With Congress To Send Checks To Americans COVID-19: White House Works With Congress To Send Checks To Americans
Covid-19: White House Works With Congress To Send Checks To Americans The White House is working with Congress on a bipartisan plan to combat the novel coronavirus outbreak by cutting checks to Americans in need. Treasury Secretary Steven Mnuchin said that the White House is proposing a $1 trillion economic stimulus package to battle the pandemic, including $250 billion that would be earmarked for direct payments to Americans. According to federal officials, the stimulus package has support on each side of the aisle, and they are working quickly to push the legislation through. “This is a significant economic stimulus plan, and we look forward to having bip…

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by Zak Failla