MORNING BUSINESS REPORT: Minority pay, who pays more for car insurance, IBM returning to normal – WFSB

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MORNING BUSINESS REPORT: Minority pay, who pays more for car insurance, IBM returning to normal – WFSB

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Morning Business Report

The Morning Business Report is sponsored by Access Health CT Small Business.


(WFSB) – Who pays more for car insurance in Connecticut, men or women? 

Plus, Hartford is a top city for minority pay. 

Here is the Morning Business Report for April 20.

Minority pay

Hartford ranks 5th for minority among American cities. 

The ranking was put together by Self.com

It says median earnings for full-time minority workers locally is $45,854.

Minority population share is 34 percent in the city. 

Bridgeport and Stamford ranked high for mid-sized cities in minority pay. 

Car insurance

Women can pay up to 8 percent more than men for car insurance, depending on their age and location, research from the zebra finds. 

However, in Connecticut, men pay more than women. 

Twenty-one states charge women more for car insurance than men. 

Returning to normal

IBM sees business close to returning to pre-pandemic levels. 

The company’s cloud computing business is performing the best. 

Stock market update

Stocks closed higher Monday. 

All three indexes were up as corporate earnings roll out this week.   

Copyright 2021 WFSB (Meredith Corporation). All rights reserved.

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