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Bureau for what? - The Daily Cougar
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Monday, 23 January 2012
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Bureau for what?
The Daily Cougar
If the last 10 years of American history should have taught us anything, it's that another government bureau will only make our problems worse. Steven Christopher is an economics alumnus and graduate finance student in the CT Bauer College of Business ...

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Tax shortfall is no surprise - Waterbury Republican American
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Monday, 23 January 2012
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Tax shortfall is no surprise
Waterbury Republican American
Dannel P. Malloy's attempt to make Connecticut's new budget deficit seem like "Bush's fault" might win him the 2012 prize for political scapegoating. The Office of Policy and Management says the income tax, as taxes are wont to do after historic ...

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"In the euro zone, which governs the market" - San Francisco Luxury News
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Sunday, 22 January 2012
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"In the euro zone, which governs the market"
San Francisco Luxury News
The motto is that of finance made effective because become transparent. Economists landed, we do not agree. Ct transparency, trs rformes advance slowly. We have not seen much, if not an obligation for banks to up new equity.

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Wall Street credit agency downgrades Connecticut's bond rating - The Connecticut Mirror
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Friday, 20 January 2012
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Wall Street credit agency downgrades Connecticut's bond rating
The Connecticut Mirror
And Connecticut also ranks as the most indebted state in the nation in terms of bonds issued to finance capital projects. The state entered the fiscal year with close to $19.5 billion in debt owed to investors who purchased state bonds to finance ...

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Colombia Bond Sales to Extend Record as Growth Fuels Demand - BusinessWeek
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Thursday, 19 January 2012
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Colombia Bond Sales to Extend Record as Growth Fuels Demand
BusinessWeek
19 (Bloomberg) -- Colombia's quickening economic growth is a signal to Barclays Capital Inc. and BCP Securities LLC that last year's record corporate bond offerings will extend into 2012 as companies seek to finance expansion plans.

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Connecticut Looks to Jumpstart Its Clean Economy - The Atlantic Cities
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Wednesday, 18 January 2012
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The Atlantic Cities

Connecticut Looks to Jumpstart Its Clean Economy
The Atlantic Cities
Connecticut has come up with what they hope will be a solution to this dilemma in the creation of a state green bank. Established in June 2011 with bipartisan support, the Clean Energy Finance and Investment Authority (CEFIA) is designed to provide ...

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Canada Bubble Seen as IMF Risk With Record Low Rates: Mortgages - BusinessWeek
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Monday, 16 January 2012
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Bloomberg

Canada Bubble Seen as IMF Risk With Record Low Rates: Mortgages
BusinessWeek
That's fueling real estate purchases, potentially inflating a housing bubble and adding to record household debt, which the International Monetary Fund says poses a risk to the nation's economy. “It could increase the housing bubble,” said Sheryl King,
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Dealer Treasury Holdings Top Corporate Debt for First Time on Growth Risk - Bloomberg
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Monday, 16 January 2012
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Bloomberg

Dealer Treasury Holdings Top Corporate Debt for First Time on Growth Risk
Bloomberg
Bill Gross, who runs the world's biggest bond fund at Pacific Investment Management Co., said the global economy and financial markets are at risk in 2012. The $244 billion Total Return Fund (PTTRX) run by Gross increased its holdings of US government
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Conn. loses energy complaint despite paying lawyers $4.6 million, begins ... - Watchdog
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Monday, 16 January 2012
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Conn. loses energy complaint despite paying lawyers $4.6 million, begins ...
Watchdog
In all, Connecticut paid for the equivalent of one person working full time for six-and-a-half years on the case at an average cost of $336 per hour. Connecticut argued the three companies – Brookfield Energy Marketing Inc., Constellation Energy ...

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A Mechanism of Plunder - BullionVault
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Monday, 16 January 2012
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A Mechanism of Plunder
BullionVault
Today's financial system is grossly bloated and consumes enormous resources. It is not only parasitic, but in the process of its parasitism, it creates many negative situations for the non-financial economy. A lot of "financial innovation" of the past ...

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CT mail industry backs postal service cutbacks - Hartford Business
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Sunday, 15 January 2012
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CT mail industry backs postal service cutbacks
Hartford Business
By Brad Kane Connecticut's robust mail industry is eagerly urging the US Postal Service to operate on solid financial footing, even if post offices and sorting facilities must be closed and service slowed. “Anything that helps the Postal Service become ...

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S&P Cuts Ratings on France, Italy, Other European Countries - Fox Business
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Friday, 13 January 2012
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S&P Cuts Ratings on France, Italy, Other European Countries
Fox Business
Those bailout mechanisms are heavily dependent on France and other relatively healthy eurozone economies. Specifically, the European Financial Stability Facility, a bailout fund financed by members of the eurozone, is authorized to borrow up to 440 ...

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Bioscience project draws skepticism - Ct Post
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Thursday, 12 January 2012
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Bioscience project draws skepticism
Ct Post
She spent a considerable part of the 90-minute discussion talking about plans to build a genome-research facility at the University of Connecticut Health Center in Farmington. That project would be a partnership with Jackson Laboratory, ...

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Drowning in debt - Ct Post
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Thursday, 12 January 2012
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Drowning in debt
Ct Post
Photo: Christian Abraham / Connecticut Post | Buy This Photo Mike Lantowski who is choir director at St. Pius Church in Fairfield, Conn. warms up the group at the church on Thursday December 1, 2011. Lantowski left college with a degree in music and ...

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SUBWAY® Adds 24,000 Jobs in 2011, Expects to Add 25,000 in 2012
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http://photos.prnewswire.com/prnc/20120112/NY34579MILFORD, Conn., Jan. 12, 2012 /PRNewswire/ -- Through the opening of more than 2,400 restaurants worldwide, including 1,100 new locations just in the U.S. and Canada alone, the SUBWAY® restaurant chain created approximately 24,000 new foodservice job and career...


 
37.5 MW Waste Gasification Facility for Connecticut - Waste Management World
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Wednesday, 11 January 2012
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EnergyBoom

37.5 MW Waste Gasification Facility for Connecticut
Waste Management World
The PRE project is owned by a subsidiary of Enova Energy Group and located on a 27-acre site in Plainfield, Connecticut. The developers claimed that the new plant will employ Best Available Control Technology (BACT) to control emissions and will be
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Teens Struggling to Find Elusive Part-Time Jobs - DailyFinance
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Wednesday, 11 January 2012
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Teens Struggling to Find Elusive Part-Time Jobs
DailyFinance
By AP Posted 10:15AM 01/11/12 Economy By STEPHANIE REITZ, AP HARTFORD, Conn -- The economic turmoil that has left many Americans without work is having a disproportionate effect on teenage job-seekers, whose quest for entry-level positions often pits ...

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SAIC, Enova Energy Group, The Carlyle Group Launch $225 Million Plainfield ... - Sacramento Bee
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Monday, 09 January 2012
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SAIC, Enova Energy Group, The Carlyle Group Launch $225 Million Plainfield ...
Sacramento Bee
The PRE project is owned by a subsidiary of Enova Energy Group and located on a 27-acre site in Plainfield, Connecticut. The plant will employ Best Available Control Technology (BACT) to control emissions and is fully certified as a renewable
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Shale Bubble Inflates on Near-Record Prices for Untested Fields - BusinessWeek
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Monday, 09 January 2012
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Bloomberg

Shale Bubble Inflates on Near-Record Prices for Untested Fields
BusinessWeek
“I don't feel confident that the prices being paid now are justified,” Del Pozzo said in a telephone interview from Norwalk, Connecticut. “I'm wary.” The world's largest energy producers, including Exxon Mobil Corp. and Royal Dutch Shell Plc, ...
Shale
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Northeast Struck by Casino Fever - Bond Buyer
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Monday, 09 January 2012
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FCIR

Northeast Struck by Casino Fever
Bond Buyer
New Jersey and Connecticut, among others, have their eyes on Internet wagering. "The Northeast gaming market has become a lot more competitive," said Standard & Poor's analyst Melissa Long. "The amount of dollars available for gaming in the region is ...
Rick Scott Takes Credit
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Legislation Would Help Vo-Tech Students in Job Market - Patch.com
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Saturday, 07 January 2012
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Legislation Would Help Vo-Tech Students in Job Market
Patch.com
Courtney joined John Rathgeber of the Connecticut Business and Industry Association; Chris DiPentima, president of Pegasus Manufacturing; John Murphy of the Connecticut Technical High School System; Frank Guillini, director of Manufacturing Technology ...

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Fed officials push more help for housing - Reuters
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Friday, 06 January 2012
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Fed officials push more help for housing
Reuters
The push for action came two days after the Fed entered the thorny debate over how to use the two main government-run mortgage finance firms, Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB), to turn around the housing market. The housing sector was at ...

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Gartner looks beyond 2012, sees big changes for payers, providers - Healthcare IT News
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Wednesday, 04 January 2012
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Gartner looks beyond 2012, sees big changes for payers, providers
Healthcare IT News
STAMFORD, CT – In its roundup of top predictions for IT organizations and users, Gartner, Inc. has forecasted new and innovative uses of technology from healthcare payers, integrated delivery systems, government and consumers. ...
Gartner Identifies Top Vertical
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State leaders warily eye online gambling - Danbury News Times
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Tuesday, 03 January 2012
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State leaders warily eye online gambling
Danbury News Times
Eileen Daily, D-Westbrook, is not a fan of expanding Connecticut's gaming industry to help balance the state budget. "It just doesn't seem to me to be the best way to raise revenue," said Daily, co-chairman of the Legislature's Finance, ...

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Wall Street in 2012: You thought 2011 was tough? - GMA News
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Monday, 02 January 2012
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Wall Street in 2012: You thought 2011 was tough?
GMA News
"China is the 800-pound gorilla in the room and is probably the most important country to watch in terms of their contribution to global growth," said Michael Sheldon, chief market strategist at RDM Financial in Westport, Connecticut. ...

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One break for travelers: Cities not looking to raise visitor taxes - USA TODAY
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Monday, 02 January 2012
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USA TODAY

One break for travelers: Cities not looking to raise visitor taxes
USA TODAY
But, he says, if taxes are especially high, a traveler may go to New York City for meetings, for instance, but stay in nearby Connecticut or New Jersey. Companies also may cut down on the number of trips to more expensive locales. ...

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Tax gift to the rich - iWatch News
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Sunday, 01 January 2012
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Tax gift to the rich
iWatch News
Eliminating the tax break “would likely inflict large damage on the finance, insurance and commercial real estate sectors, diminish their entrepreneurial talent pool, and harm overall economic efficiency,” claimed Douglas Holtz-Eakin, ...

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Strategies to help get a home sold - Los Angeles Times
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Sunday, 01 January 2012
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Strategies to help get a home sold
Los Angeles Times
Only six states — California, Connecticut, Hawaii, Maryland, Oregon and Washington — restrict employers' ability to check credit reports, and often there are exceptions for jobs in finance or those that involve access to large amounts of cash. ...

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New State Laws Take Effect Jan. 1 - Patch.com
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Saturday, 31 December 2011
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New State Laws Take Effect Jan. 1
Patch.com
It authorizes tax credits for businesses hiring new employees, including those with disabilities. It provides loan reimbursements and grants to Connecticut students seeking jobs in alternative energy technology and other related fields funded by ...

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Treasuries Return Most Since 2008 as Europe Crisis Fuels Demand - BusinessWeek
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Friday, 30 December 2011
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Treasuries Return Most Since 2008 as Europe Crisis Fuels Demand
BusinessWeek
Luxembourg's Jean-Claude Juncker, who leads the group of euro-area finance ministers, said economic growth in the 17- nation currency region “isn't good.” “This means that in 2012 we have to be prepared for the situation to become more foggy, ...

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Ziegler Closes $59 Million Covenant Retirement Communities Financing - MarketWatch (press release)
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Thursday, 29 December 2011
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Ziegler Closes $59 Million Covenant Retirement Communities Financing
MarketWatch (press release)
The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the US economy and the municipal securities marketplace,
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State To Spur Job Growth: Reinvent Connecticut - Patch.com
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Thursday, 29 December 2011
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State To Spur Job Growth: Reinvent Connecticut
Patch.com
The goal of the special jobs session was to create pro-business incentives to jump-start Connecticut's economy. The state came up with options like giving companies tax credits of $500 per month for each new hire. That is up from $200. ...

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Heterodox economics - The Economist
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Wednesday, 28 December 2011
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Heterodox economics
The Economist
The neo-chartalists believe that because paper currency is a creature of the state, governments enjoy more financial freedom than they recognise. The fiscal authorities are free to spend whatever is required to revive their economies and restore ...

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Board of Ed, teachers' union lock horns on demands - Wilton Bulletin
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Saturday, 24 December 2011
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Board of Ed, teachers' union lock horns on demands
Wilton Bulletin
Also, Newsweek magazine had ranked Wilton High School as the number one high school in Connecticut. She also said that Wilton school district turned back $1.98 million to the town in budget surplus and other funds. Wilton is in Fairfield County, ...

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GE Funding Agrees To $70 Million Settlement With Federal, State Officials
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Friday, 23 December 2011
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Stamford-based GE Funding Capital Market Services, Inc. has agreed to pay $70 million in a settlement with federal officials and investigators in Connecticut and 23 other states stemming from a probe into bid rigging on municipal investments.
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Occupy Darien organizer paying for protesters - Danbury News Times
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Wednesday, 21 December 2011
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CBS New York

Occupy Darien organizer paying for protesters
Danbury News Times
Stamford family attorney and Rague friend Julia vonSchilling spoke about how the downturn in the economy limited the poor's access to the justice system in Connecticut. Trudy Goldberg, co-founder of the National Jobs For All Coalition based in Lynbrook ...
The woman
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State tax changes on the way in 2012 - CNN
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Wednesday, 21 December 2011
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State tax changes on the way in 2012
CNN
Connecticut is increasing the corporate income tax on large businesses from 8.25% to 9%, and California will likely pass increases in the sales tax and the income tax for high earners next year, said Kim Rueben, a public finance economist at the Tax ...

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CT Unemployment Falls to 8.4 Percent As Some Long-Suffering Job-Seekers Find ... - Hartford Courant
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Tuesday, 20 December 2011
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CT Unemployment Falls to 8.4 Percent As Some Long-Suffering Job-Seekers Find ...
Hartford Courant
"All of that is positive news for the state of Connecticut," said Ed Deak, an economist from Fairfield University who served on former Governor M. Jodi Rell's council of economic advisers. Deak said these kinds of reports start to make him
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Tangoe dips $23.5M into ProfitLine purchase
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Tuesday, 20 December 2011
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Fresh off its summertime IPO, Connecticut communications software company Tangoe Inc. paid $23.5 million Monday to buy ProfitLine Inc., a provider of telecom expense and mobility management services.
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US 30-Year Bond Yields Fall to 10-Week Low Amid Growth Concern - BusinessWeek
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Monday, 19 December 2011
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US 30-Year Bond Yields Fall to 10-Week Low Amid Growth Concern
BusinessWeek
“US data have been showing the economy is picking up,” said Hitoshi Asaoka, a senior strategist in Tokyo at Mizuho Trust & Banking Co., a unit of Japan's third-largest listed bank. “The yields are far too low given the fundamentals.” Euro-area finance ...

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GOP Chief Blasts Malloy's Governors Association Role; Democrats Fire Back ... - Hartford Courant
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Wednesday, 14 December 2011
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GOP Chief Blasts Malloy's Governors Association Role; Democrats Fire Back ...
Hartford Courant
While Malloy jets off to Hollywood and Washington, DC for purely partisan activities, Connecticut's economy continues to languish. Jobs and the economy should be JOB ONE for the governor, not the Democratic Governors Association. ...

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Main Street to blame for crisis, not Wall Street - The Barrie Examiner
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Wednesday, 14 December 2011
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Main Street to blame for crisis, not Wall Street
The Barrie Examiner
It is 'Main Street's' greed of thinking it has a right to entitlements, daycare, health care, tuition, etc. What's next? Car-care, leisure-care and pet-care? Democrats in Connecticut want government to give free diapers to low-income people. ...

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Progressive tax advocates say Connecticut should follow New York's example - The Connecticut Mirror
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Tuesday, 13 December 2011
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Progressive tax advocates say Connecticut should follow New York's example
The Connecticut Mirror
"This proves it's possible to raise revenue in a sound, fair and sustainable way," Renae Reese, executive director of the Connecticut Center for a New Economy and a member of the Better Choices group, said in response to a new deal
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California Revenue Shortfall to Trigger $1 Billion of Cuts - San Francisco Chronicle
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Tuesday, 13 December 2011
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California Revenue Shortfall to Trigger $1 Billion of Cuts
San Francisco Chronicle
They said at the time that the nascent economic rebound was likely to increase tax revenue by $4 billion more than had been forecast a month earlier. Brown took action as his finance office predicted revenue for the fiscal year that ends in June will ...

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