Business week ahead, Sept. 20-24
Software maker Adobe Systems is among firms reporting earnings this week. Credit: Kris Tripplaar/Sipa USA/Kris Tripplaar
KEY EVENT: The state Labor Department on Tuesday releases the August unemployment rate for Long Island, with breakouts for Nassau and Suffolk. In July, the Long Island jobless rate was 5.2%, up from 5% in June but down from 12.6% in July 2020.
MONDAY: The September housing market survey from the National Association of Home Builders.
TUESDAY: August housing starts from the Commerce Department. Earnings: Adobe Systems, FedEx.
WEDNESDAY: The Federal Reserve ends a two-day meeting with a statement on the economy and an update on interest rates policy. Fed chair Jerome Powell holds a news conference after the meeting. Also, August existing-home sales from the National Association of Realtors. In its July report, the Realtors group said the price of a home in the Northeast rose 23.6% from July 2020 with much of the home sales "occurring in the upper-end markets." Earnings: General Mills, office furniture maker Steelcase.
THURSDAY: Jobless benefits claims for the week ended Sept. 18 from the Labor Department. Also, August leading economic indicators from the Conference Board. Earnings: Costco Wholesale, Olive Garden owner Darden Restaurants, Nike, Rite Aid, Vail Resorts.
FRIDAY: The Commerce Department releases August new-home sales.
Newsday's 2026 high school football fantasy draft Newsday high school sports editor Gregg Sarra and his staff choose their top picks in the annual fantasy draft.
Newsday's 2026 high school football fantasy draft Newsday high school sports editor Gregg Sarra and his staff choose their top picks in the annual fantasy draft.
