Study finds that among parents working from home during the COVID-19 pandemic, men have been three times more likely than women to receive a promotion and twice as likely to get a raise
Fathers working from home much more likely than mothers to say they can take advantage of options to be more productive
Disparity reflects an overall trend of working mothers shouldering more burdens during the pandemic, making them more likely to consider leaving the workforce
Federal Reserve study finds that households were more likely to put stimulus payments from the CARES Act toward savings or reducing debt than they were to spend the money on essential or non-essential goods
Respondents expect little change in spending habits if additional stimulus payments are approved
Those receiving unemployment benefits or forbearance typically concentrated on debt relief rather than saving or spending
As small businesses turn to e-commerce to endure the COVID-19 pandemic, a new survey suggests that some may give up their physical location
Sixty-one percent of businesses with a physical location have experienced a decline in revenues during the pandemic, while about half of those with online stores have seen a revenue boost
Only one in five respondents said they plan to reopen a physical location within a year
As Connecticut proceeds with Phase 3 of its reopening plan, Governor Ned Lamont says he will issue an executive order allowing local officials to tighten COVID-19 restrictions in their communities
Announcement comes as COVID-19 cases increase in the state, with spikes in New London and Norwich
City mayors say they don’t expect to implement such rollbacks if Lamont issues the order
