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Dairy Shutters Its CT Operations, Cutting 205 Jobs
The Guida-Seibert Dairy Co. plant in New Britain is permanently closing. Driven by industry-wide financial strains and a corporate restructuring by its parent cooperative, Dairy Farmers of America (DFA), the phased shutdown this summer will eliminate 205 jobs. The New Britain plant, known as Guida's Milk, was founded in 1932 by Frank and Alexander Guida Jr. Industry Under Pressure The closure highlights the severe economic squeeze facing Connecticut’s agricultural sector: Rising Costs: High...
May 25, 2026
Connecticut, It's Time to Get Competitive on Taxes
The Tax Foundation just released its 2026 State Tax Competitiveness Index, a tool that enables policymakers, taxpayers, and business leaders to gauge how their states’ tax systems compare across the country. The Index evaluates each state on more than 150 variables across five major areas of taxation: corporate, individual income, sales and excise, property and wealth, and unemployment insurance. These metrics are then combined to yield a final, overall ranking. Overall, Connecticut ranks...
May 24, 2026
Greenwich Ranked as One of the Hottest Towns in Home Values
Zillow just released its highly anticipated home value report, and for Connecticut, the results highlight a familiar trend: an unsurprising concentration of wealth tucked firmly into Fairfield County. Driven by one of the tightest housing markets in the country, rock-bottom inventory continues to push home values to historic heights across the state. In fact, recent real estate index reports rank Connecticut as the #1 hottest, most competitive housing market in the entire United States. When...
May 23, 2026
Never Enough: Another Rate Hike from Connecticut's Eversource
Just when Connecticut residents thought they could breathe a sigh of relief, the electric bill whiplash is back. Yesterday, Eversource dropped a bombshell announcement: it is formally seeking a $503 million rate hike. For the average residential customer, that translates to an estimated $25 more per month—roughly an 11% to 13% increase in the total bill, driven by a staggering 35% spike in the distribution portion of the statement. Keep in mind, Connecticut already suffers from some of the...
May 22, 2026
Greenwich Proud: Treasury Secretary Scott Bessent Delivers Commencement Address at Brunswick School
On Wednesday, May 20, U.S. Treasury Secretary Scott Bessent returned to his roots to deliver the commencement address at the all-boys Brunswick School in Greenwich. The powerful speech offered the graduating class a mix of economic perspective, personal reflection, and a call to consequential leadership. Here are a few takeaways from his address: The Life Within Reach and the Life You Choose to Live Referencing a speech from retiring headmaster Tom Philip, Bessent challenged the graduates to...
May 21, 2026
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