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Business
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns After a solid holiday season, US retail sales took a surprising step back to start 2025, snapping a streak of growth and fueling worries about the economy. Retail and food services sales fell 0.9 percent in January, according to Census Bureau data released on Friday, Feb. 14. The decline reversed the trend from December 2024's revised increase of 0.7 percent, signaling that consumers may be feeling the squeeze from rising prices. Economists had predicted only a slight decline, with Dow Jones estimating a 0.2 percent drop, NBC News reported. The sales totals were seasonally adjusted but…

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by Chris Spiker
Business
CT's Six Remaining Big Lots Stores Are Among Nearly 1,000 Closing Nationwide: Here's When CT's Six Remaining Big Lots Stores Are Among Nearly 1,000 Closing Nationwide: Here's When
CT's Six Remaining Big Lots Stores Are Among Nearly 1,000 Closing Nationwide: Here's When Big Lots, the popular discount retailer, is officially going out of business.  The company, which filed for Chapter 11 bankruptcy in September, has announced plans to close all 963 of its remaining stores nationwide, including six locations in Connecticut. The last day of business is expected to be in mid-February, according to sources familiar with the closures. While official store closing sales have not yet begun, all Christmas items are currently 50% off, offering shoppers a chance to stock up before the doors shut for good. The closures mark the end of an era for the budget-frien…

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by Cecilia Levine
Real Estate
Fox News Star Sean Hannity Sells New York Home For Just Under $13 Million Fox News Star Sean Hannity Sells New York Home For Just Under $13 Million
Fox News Star Sean Hannity Sells New York Home For Just Under $13 Million After just a week on the market, news anchor Sean Hannity sold his 10,600-square-foot waterfront estate. The estate, located in the town of Oyster Bay village of Centre Island, was listed for $13.75 million but sold at $12.7 million. Sold by Nest Seekers International’s Shawn Elliott after a bidding war, the buyer (who has not been named) received not only the seven-bedroom, nine-bath house but all the furniture as well, according to the Wall Street Journal and a representative for Elliott. Earlier Report: Fox News' Sean Hannity Lists Oyster Bay Home For $13.7M The estate boasts …

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by Sophie Grieser