Smartest States in the U.S.? Connecticut Ranks #2
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A new study has revealed the smartest states in America, with Connecticut ranking second.
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Small Business Administration Lending in CT Reflects Historic Increase in Fiscal Year 2024
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The U.S. Small Business Administration (SBA), Connecticut District Office reached historic volume through 1,058 approved SBA loans totaling over $383 million to small businesses during FY24 (October 2023-September 2024). The 1,058 loans approved in FY24 represent an increase of 18.3% over FY23’s 894 approvals, according to the SBA.
Read MoreClick to Cancel Will Be Easier for Consumers, Federal Trade Commission Announces
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The Federal Trade Commission has announced a final “click-to-cancel” rule that will require sellers to make it as easy for consumers to cancel their enrollment as it was to sign up.
Read MoreUS Department of Defense Invests in Future of Shipbuilding with Junior Achievement Contract
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In what is described as a significant boost to the maritime industry and workforce development, a $12.5 million contract has been awarded to Junior Achievement USA – with Junior Achievement of Southwest New England, based in Hartford, leading the way. The funding will support a new shipbuilding career-inspiration program designed to attract the next generation of talent to the field.
Read MoreState Funding to Extend Library Renovation Anticipated as Reopening Nears
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The State Bond Commission is poised to approve $5 million state grants this week for phase two of major “renovation and remediation” to the Hartford Public Library’s downtown location, decimated by flooding that occurred in 2022 and kept most of the facility closed to the public since.
Read MoreReport: Connecticut's Post-Pandemic Job Growth Still Lags
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A new report showed Connecticut's post-pandemic job growth lags behind the rest of the nation.
Read MoreCIGNA Earns Ranking Among World's 20 Most Sustainable Companies
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The CIGNA Group has placed a priority on environment leadership, which was recently recognized by TIME magazine in its ranking of the world’s top 20 most sustainable companies. Connecticut-headquartered CIGNA ranked tenth, and was one of only two U.S.-based companies ranked in the top ten.
Read MoreBradley International Airport - Region's Second Largest - Anticipates Steady Growth
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Bradley International Airport (BDL) is New England's second-largest airport, and - as recent months have demonstrated repeatedly - with plans unfolding for steady growth in the months ahead.
Read MoreCT Fastrak to Receive $38.9 Million Federal Grant for Electric Buses, Chargers
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The Connecticut Department of Transportation (CTDOT) is receiving a $38.9 million competitive grant from the Federal Transit Administration (FTA) to purchase 46 battery electric buses and install 29 chargers for the CTfastrak bus rapid transit service, the agency recently announced.
Read MoreConnecticut Pension Funds Generated Returns of 11.5% in Fiscal Year 2024
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Connecticut State Treasurer Erick Russell has released investment performance data for the state’s pension funds and trusts that shows a return of 11.5% for the most recent fiscal year, which ended on June 30.
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