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FOX 61 | Connecticut breaking news, weather, traffic, sports and social media

Personal Finance

Treasury Bills, the 'safest investment' on earth, are quite profitable right now - 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.