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FOX 61 | Connecticut breaking news, weather, traffic, sports and social media
Markets
Interest rates keep going down but mortgage rates aren't following suit. Here's why
Personal Finance
Treasury Bills, the 'safest investment' on earth, are quite profitable right now - but don't wait too long
Treasury Bills could be a great way to make inflation work for you but don't wait too long.
Small Business
Rising egg prices have bakeries and breakfast restaurants struggling
Businesses have had to get creative with their menu in order to compensate for the rising prices.
West Hartford
Federal COVID funds to be used to invest in affordable housing in West Hartford
Only 31 of 169 cities and towns in Connecticut have at least 10% of their housing stock as 'affordable'.
Gas Prices
Lamont announces diesel fuel tax exemption for farmers and ag producers
Farmers have had to pay for the rising diesel fuel costs for their tractors and machinery to keep their businesses afloat.
Life
Economists predict gas prices to reach past $4 per gallon amid war in Ukraine
With Russia being a major exporter of oil, gas prices will continue to soar with no knowledge of when it is expected to go down anytime soon.
Markets
VERIFY: Explaining GameStop, hedge funds and shorting a stock
Millions of individual investors have taken on a hedge fund and won. But it could spell trouble for the financial markets.
Business
Fort Worth-based American Airlines reports a record loss of $8.9 billion in 2020
CEO Doug Parker called 2020 the most challenging year in the history of American Airlines. He remains optimistic about 2021, saying it will be a year of recovery.
Business
Southwest Airlines saw annual loss of $3.1 billion as pandemic gripped globe
It was the first annual net loss for the company since 1972, CEO Gary Kelly said in a statement.
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