Finance

Retired Professor Offers $100K Matching Gift to Save Veterans’ Entrepreneurship Program

Posted on November 11, 2021November 23, 2021 by Claire Hall

UConn Today – United States Marine Corps veteran Tony Audette builds custom motorcycles for celebrities, business titans, and other enthusiasts who want a bike that’s unlike any other. His exclusive motorcycles sell for upwards of $130,000.

After two years in business, Audette Motorcycles, in Canton, is thriving. Audette credits much of his business knowledge and expertise to the School of Business’ Entrepreneurship Bootcamp for Veterans (EBV). The startup accelerator steered him away from several costly business mistakes, he said.

Life for retailers as Covid wanes: Strong demand, crush of…

Posted on November 2, 2021November 19, 2021 by Fred Carstensen

Next Avenue – Nearly 20 months into the pandemic, Connecticut’s retail economy remains stuck in limbo, not falling back, but not moving forward with the kind of gusto that suggests one of the state’s key economic drivers is once again firing on all cylinders.

Commencement Feature: Kelly Finn ’21 (BUS)

Posted on May 3, 2021May 17, 2021 by Scott Slater III

UConn Today – Why did you choose UConn?
As a first-generation college student, I committed to UConn after receiving an offer to attend on a merit-based, full-ride scholarship, the Day of Pride scholarship.Continue Reading

Experts: COVID vaccine’s sense of security could cause risky behavior

Posted on March 22, 2021 by Scott Slater III

CT Post – Experts say the vaccine rollout may be one reason people are not wearing masks as often, washing their hands as diligently or maintaining six feet of distance, regardless if they have been vaccinated themselves.

The Test Drive

Posted on March 3, 2021March 12, 2021 by Claire Hall

UConn Magazine – After months of training, Vishal Patel knew he was prepared to care for patients as a member of the Tolland ambulance crew. But when the first call came, a patient with fatigue and chest pain, it was the new EMT’s moment of truth.

Finance Experts, Rookies Watch Cautiously As Reddit Users Snap Up GameStop Stock

Posted on January 29, 2021February 5, 2021 by Claire Hall

UConn Today – When adjunct finance professor Jeffrey Annello ’10 (BUS) met with his students Wednesday night, everyone wanted to talk about GameStop stock, which had soared more than 17-fold in the previous two weeks.

Spurred on by a Reddit message board, small investors snapped up shares of the retailer, spurring an investment frenzy. But what was the logic behind it? GameStop has been floundering, with only one profitable quarter in the last six. Gamers have been skipping brick-and-mortar stores and purchasing entertainment online.Continue Reading

CT Residents Brace for a Lump of Coal in Their Stockings

Posted on December 14, 2020 by

Hartford Business Journal – With federal benefits expiring and businesses fearing another pandemic shutdown, more than 840,000 Connecticut residents anticipate a dreary December — during which someone in their household will lose income, according to new data from the U.S. Census.

CT economy will struggle until at least 2030 to recover from COVID, UConn report warns

Posted on October 23, 2020 by Scott Slater III

Hartford Business Journal – Connecticut likely will struggle for a decade or longer to undo the economic damage created by the coronavirus pandemic, a University of Connecticut think-tank warned Friday.

Young people and people of color have become unemployed at disproportionate rates amid the pandemic

Posted on October 21, 2020 by

UConn Journalism – Nearly 80 percent of registered voters say the economy is an important issue, according to an August 2020 Pew Research Center study. In the same study, 88% of President Donald Trump’s supporters ranked the economy as “very important,” the most of any of the issues they asked about.

Study: Legal marijuana in CT would raise $784M – $952M in taxes in first 5 years

Posted on September 16, 2020 by Scott Slater III

Hartford Courant – The study, funded by a national group that lobbies for marijuana legalization, says direct new revenue from legalization would range from $35 million to $48 million in the first year of sales to as high as $223 million in the fifth year.

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