Business week ahead, July 20-24
Jericho-based Getty Realty Corp. reports quarterly earnings this week. Credit: Newsday/Newsday/Alejandra Villa
KEY EVENT: The state Labor department on Tuesday releases June unemployment rates for Nassau, Suffolk and Long Island as a whole. In May, Long Island unemployment was 12.2 percent, a slight recovery from April’s all-time worst of 16.1 percent. In February, before the coronavirus pandemic spread locally, Long Island’s unemployment rate was 3.8 percent.
MONDAY: Earnings from oilfield services provider Halliburton.
TUESDAY: The June national economic activity report from the Federal Reserve Bank of Chicago. The May report showed that U.S. economic growth increased substantially from April. Earnings: Lake Success bank company Flushing Financial, Capital One Financial, Coca-Cola, Lockheed Martin, Snapchat owner Snap, United Airlines.
WEDNESDAY: June existing-home sales from the National Association of Realtors and May single-family home prices from the Federal Housing Finance Agency Earnings: Jericho gas stations properties owner Getty Realty, Chipotle Mexican Grill, Microsoft, Tesla.
THURSDAY: Jobless benefits claims for the week ended July 18 from the Labor Department. Earnings: AT&T, Hershey, Intel, Mattel, People's United Financial, Travelers, Twitter.
FRIDAY: The Commerce Department releases June new-home sales. In May, new-home sales rose 16.6 percent from April as buyers headed back into the housing market. Earnings: American Express, Outback Steakhouse owner Bloomin' Brands, Verizon Communications.
'The strategy that I'm seeing ... is very chaotic' A Newsday review of court records sheds new light on ICE's Long Island operation and where it's happening. NewsdayTV's Ken Buffa, Shari Einhorn, investigative reporter Josefa Velásquez and attorney Reuben Kerben break it down.
'The strategy that I'm seeing ... is very chaotic' A Newsday review of court records sheds new light on ICE's Long Island operation and where it's happening. NewsdayTV's Ken Buffa, Shari Einhorn, investigative reporter Josefa Velásquez and attorney Reuben Kerben break it down.
