<p>Starting in 2027,&nbsp;Americans 50 and older earning more than $145,000 could be required to pay taxes upfront on their 401(k) catch-up contributions. Newsday business reporter Brianne Ledda explains.</p>


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Some 401(k) savings may no longer be tax-free

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Many will benefit from tax-free growth

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Long Island is bracing for a snowstorm that could drop up to 14 inches, starting early Sunday and followed by a mix of sleet through the evening. NewsdayTV meteorologist Geoff Bansen has the forecast.

LI preps for 'dangerous cold,' snow

Dan Losquadro, the superintendent of highways for Brookhaven Town, is advising residents to get their cars off the roads in order to allow plow trucks more room to remove snow.

'Get your cars off the road'

Suffolk District Attorney Ray Tierney announced the indictment of nine people, charging them with a series of gang-related crimes in Huntington Station, including orchestrating the killings of two. NewsdayTV's Virginia Huie has more.

'Today was justice'

A West Islip woman has been charged with animal neglect after more than 100 cats were rescued from her home. NewsdayTV's Ken Buffa reports.

LI woman was breeding Maine Coon cats

Gov. Hochul unveiled plans for her state budget proposal, including no new state taxes, a 4.3% increase in school aid and no taxes on tips. NewsdayTV political analyst Joye Brown has more.

'You can make historic investments'

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Businesses across Long Island are preparing for the financial effects of a storm expected to begin dumping snow before dawn Sunday.

Customers canceling orders, special events at eateries ahead of the storm

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The U.S. stock market is drifting, as a zigzag week full of loud threats and pullbacks heads toward a quieter close.

Wall Street drifts as Intel tumbles and gold's price rises to another record

TikTok has at last finalized a deal to keep the popular video sharing platform operating in the U.S. after years of uncertainty.

What to know about the deal to keep TikTok in US

What public safety officials and auto safety experts say drivers should do to prepare their vehicles and avoid danger during winter storms.

Tips for drivers to prep for the winter storm

Long Islanders are bracing for a winter storm this weekend. Newsday Reporter Brianne Ledda has some car safety tips.

Winter storm safety tips

TikTok has finalized a deal to create a new American entity, avoiding the looming threat of a ban in the U.S. that has been in discussion for years.

TikTok finalizes a deal to form a new American entity

The Supreme Court for the past year has repeatedly allowed President Donald Trump to fire heads of independent agencies, but it appears to be drawing a line with the Federal Reserve.

In the case of the Federal Reserve, Supreme Court appears to carve out a murky exception

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NewsdayTV takes a deep dive into the top business headlines including buying and selling homes, the new LIRR ticket surcharge, the debate over minimum wage and much more.

It's Your Business: The top stories you need to know this month

NewsdayTV's Andrew Ehinger takes a look at some of the reasons behind the decline in family-owned hardware stores on Long Island.

'Hardware, which has 'hard' in the name'

NewsdayTV's Ken Buffa learns what it takes to troubleshoot a pinball machine in this week's edition of LI Works.

'Pinball machines are much more interactive'

Join NewsdayTV as we recount the top business stories on LI that you need to know about.

It's Your Business! This month's roundup including how to protect yourself from digital scams

Newsday business reporter Tory Parrish explains why the cost of beef is rising across Long Island.

'There's a lot of uncertainty in the economy right now'

The federal "no tax on tips" policy allows workers who typically receive tips to receive up to a $25,000 tax deduction for certain gratuities until 2028.

'It's like an insurance policy'

Newsday's business reporter James T. Madore speaks with a Long Island attorney on tips for choosing the right financial planner for making possible everything from paying for college to funding retirement.

As important as choosing a doctor or mechanic

As Long Island home prices continue to rise, Newsday business reporter Jonathan LaMantia discusses what steps you can take to help get the best mortgage rate possible.

'Prepare your finances'

As movie theaters on Long Island close amidst a rise in home streaming, some are experimenting with new business practices as a way to stay relevant.

'It's smaller, it's more family oriented'

New York State officials are warning of AI-powered scams as shoppers look for deals throughout the holiday season. Newsday business reporter Victor Ocasio shares some tips to shop safely.

'Don't just trust any old website'

The National Retail Federation estimates Americans will spend more than $1 trillion this holiday season. NewsdayTV's Ken Buffa reports.

'This is like my Olympics'

Newsday TV shorts

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Newsday food writers Erica Marcus and Marie Elena Martinez dined at Orto in Miller Place, one of the spots on Newsday's 2026 list of best Italian restaurants.

Choosing Long Island's best Italian restaurants

From an LI Nets game to Royal Philharmonic Orchestra, check out all the fun things to do and explore this weekend.

What's up on LI this weekend

<p>John Harbaugh was introduced as the Giants' new head coach at the team facility on Tuesday.</p>

Giants introduce John Harbaugh as head coach

Linda Nuszen is a co-founder of The Beading Hearts Overdose Loss Support Group. She says that volunteering is the highest form of humanity.

Volunteers of Long Island: The Beading Hearts

NewsdayTV's Macy Egeland takes a look back at the Long Island Arena, known to some as the "Commack Arena."

Picture This: That time Commack had an arena for concerts and sports

Crashes where speed was a factor killed or seriously injured 418 people on Long Island in 2024, up from 254 in 2019. NewsdayTV's Andrew Ehinger reports.

Speed is killing and hurting more people on LI. What will make drivers slow down?

NewsdayTV's Elisa DiStefano visited Disney/Pixar's "Inside Out" exhibit at the Long Island Children's Museum.

Go inside Pixar's 'Inside Out' at the LICM

Five years after a Newsday investigation into police hiring, neither county has diversified ranks to reflect the communities they serve. Newsday's Virginia Huie and Jim Baumbach reports.

Despite 30% increase in Hispanic officers, LI police forces still overwhelmingly white

The soft-serve ice cream dipped in melted butter and sprinkled with salt has gone viral.

Ice cream dipped in melted butter? Stew Leonard's has it

<a href="https://www.newsday.com/video/newsdaytv-top-stories">Get more on these and other NewsdayTV stories</a>

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Latest on the big storm ... Minimum wage debate ... Best grocery sheet cakes ... Get the latest news and more great videos at NewsdayTV

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