Top News & Analysis Connecticut

  • Governor Ned Lamont (D-Conn.) joins "Squawk Box" to explain why he is teaming up with legislators from several states to develop a sensible vaping regulation as vaping related illnesses and deaths continue to climb across the nation.

  • WASHINGTON, Oct 16- U.S. authorities said on Wednesday it has obtained an asset freeze against 18 traders, who are primarily China- based, over an international market manipulation scheme that has reaped more than $31 million in illicit profits over several years. In one instance, traders named Xiaosong Wang and Shun Sui allegedly earned about $6,233 in illegal...

  • HOUSTON, Oct 16- Oil rose about 1.4% on Wednesday, gaining support due to signs that OPEC and allied producers will continue to curb supplies in December, a weaker U.S. dollar and as traders covered short positions ahead of an industry report on U.S. crude inventories. Market participants believe the group known as OPEC+ could decide to extend production cuts "and...

  • HOUSTON, Oct 16- Oil rose about 1.4% on Wednesday, gaining support due to signs that OPEC and allied producers will continue to curb supplies in December, a weaker U.S. dollar and as traders covered short positions ahead of an industry report on U.S. crude inventories. Market participants believe the group known as OPEC+ could decide to extend production cuts "and...

  • *OPEC signals on further oil-supply curbs lend support. HOUSTON, Oct 16- Oil rose above $59 a barrel on Wednesday, gaining support due to signs that OPEC and allied producers will make further curbs to oil supply in December, and as traders covered short positions ahead of an industry report on U.S. crude inventories. Market participants believe the group known as...

  • NEW YORK, Oct 11- U.S. stocks ended more than 1% higher on Friday though well off the day's highs after the announcement of a partial trade deal between the United States and China. President Donald Trump, speaking to reporters after talks with Chinese Vice Premier Liu He, said the United States and China had come to a substantial phase-1 trade deal, reaching...

  • Oct 11- Indiana on Thursday confirmed two more deaths from a mysterious lung illness linked to e-cigarettes, bringing the total number of fatalities to 29 across the country, as U.S. health officials investigate the outbreak that has shown no signs of easing. Latest data from the Centers for Disease Control and Prevention listed 1,299 confirmed and probable...

  • Last week, the Centers for Disease Control and Prevention reported 1,080 cases and 18 deaths from the illness. As of Oct. 8, confirmed deaths were reported from 21 states, including one each from California, Connecticut, Georgia, Massachusetts, Michigan, New York, Texas and Pennsylvania. As the outbreak picks up pace, some states, including New York, Michigan and Rhode...

  • Oct 10- Deaths from a mysterious lung illness linked to e-cigarettes rose to 25 across 21 U.S. states, with Utah on Wednesday confirming the state's first death. Latest data from the Centers for Disease Control and Prevention listed 1,080 confirmed and probable cases of the illness as of Oct. 1. **States that have reported deaths: Alabama, California, Delaware,...

  • Cities such as New York, Houston and San Francisco have moved to near the top of the rankings in recent years in terms of wage inequality, the report by economists Jaison Abel and Richard Deitz released on Monday found. In San Francisco, inflation-adjusted wages for workers in the top 5% of wage earners grew by 120% between 1980 and 2015, while wages for the bottom...

  • *Iran's oil minister calls Saudi counterpart a friend. *Iran predicts slight supply surplus next year. NEW YORK, Oct 2- Oil prices fell more than 2% on Wednesday after official data showed a rise in U.S. crude inventories, adding to worries about an oversupplied market as weak economic readings in the United States depressed global financial markets.

  • Oct 2- U.S. crude oil stockpiles rose last week as refineries reduced output amid seasonal maintenance, while gasoline stocks decreased and distillate inventories fell, the Energy Information Administration said on Wednesday. "I think you're continuing to get signs that demand growth is the primary drag on the market, with the disappointing manufacturing...

  • NEW YORK, Sept 30- A U.S. judge on Monday dismissed a lawsuit seeking to void President Donald Trump's decision to cap a popular tax break for filers in high-tax states as part of the 2017 tax overhaul. District Judge Paul Oetken in Manhattan said New York, Connecticut, Maryland and New Jersey failed to show that the $10,000 cap on federal deductions for state and...

  • NEW YORK, Sept 30- A federal judge on Monday dismissed a lawsuit by four U.S. states seeking to void a $10,000 cap on federal deductions for state and local taxes, which was included in President Donald Trump's 2017 tax overhaul. District Judge Paul Oetken in Manhattan said New York, Connecticut, Maryland and New Jersey failed to show that the cap on the popular tax...

  • NEW YORK, Sept 27- U.S. stocks fell on Friday after news that the Trump administration was considering delisting Chinese companies from U.S. stock exchanges and limit U.S. investments into China. High-level trade talks between Washington and Beijing are scheduled for next month before the start of the third-quarter earnings season. "If our policies spark a...

  • Lawsuits on behalf of young consumers have been filed against e-cigarette maker Juul Labs Inc and others are expected amid increasing scrutiny. Altria is the parent company of tobacco giant Philip Morris USA. A Connecticut man alleges in a lawsuit filed in California state court that he suffered a massive, debilitating stroke as a result of Juul use, while the...

  • Sept 24- As many as 60 million Americans tend to have a hard time qualifying for credit cards and other loans, making it more difficult for them to recover from financial setbacks, according to a report released on Tuesday by the New York Federal Reserve. The findings show that the number of Americans who cannot easily access loans may be twice as many as previously...

  • *Manufacturing activity shrinks in Europe, Japan. HOUSTON, Sept 24- Oil prices fell about 1.5% on Tuesday as data on anemic manufacturing in Germany and Japan underscored a gloomy outlook for global demand amid renewed concerns about the U.S.- China trade war. "His statements about China not acting fairly in global trade re-awakened demand growth fears," said...

  • LONDON, Sept 22- Confident it can crack the $300 billion U.S. clothing and shoes market where many other foreign retailers have failed, Britain's Primark is ready to raise its bet on the country by securing new sources of fast fashion in central America. Primark, whose trendy clothes at rock-bottom prices have taken UK shoppers by storm, opened in Boston in 2015 and...

  • NEW YORK, Sept 19- A gauge of global equity performance edged higher on Thursday, a day after the Federal Reserve cut interest rates, but crude oil prices climbed higher on concerns last weekend's attacks on Saudi Arabia's oil facilities pose supply risks. President Donald Trump against being dragged into all-out war in the Middle East after the attacks, which...