Hartford Business Journal – While Connecticut’s budget reserve just hit a new high, one of the driving forces behind that accomplishment may be cooling down. According to a recent report from the New York State Comptroller Thomas DiNapoli, compensation on Wall Street was down 6% last year, driven by a 17% drop in bonuses.

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Hartford Courant – Connecticut has just begun a seven-year program to ease the tax burden on its elderly, a process that will provide nearly $170 million in annual relief by 2025.

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Hartford Business Journal – State government’s corporate-incentive deals have come under scrutiny in recent years, as questions have arisen about whether it’s a proper use of taxpayer money to provide loans, grants or tax breaks to private-sector enterprises.

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Hartford Business Journal – Data centers are seen as powerful economic drivers that allow cities, regions and states to generate jobs and tax revenue.However, Connecticut has largely missed out on opportunities to land such high-tech facilities.

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CT Post -If you had any doubt a recession is coming, Wednesday’s 800-point drubbing on the New York Stock Exchange, caused by the dangerous and infamous inverted yield curve along with Trump’s trade war, might have grabbed your attention.

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Waterbury Republican-American – There’s no telling how many empty industrial buildings are rotting away on polluted properties in Connecticut. The brownfield inventory maintained by the Connecticut Department of Energy and Environmental Protection lists 516 sites. But state officials admit that’s not comprehensive. Sites can only land on the list after state involvement in cleanup efforts. Given the state’s long industrial history, DEEP estimates there are “probably tens of thousands” of polluted sites.

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Mass Live – Even though the top executive for the Mashantucket Pequot Tribal Nation pooh-poohed the notion last week, Connecticut’s two tribal casino would be the logical buyer if MGM Resorts International sells off its downtown Springfield property, according to an expert on the regional gambling industry.

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