Business week ahead, June 11-15
Chairman Jerome Powell and members of the Federal Reserve meet this week on interest-rate policy. Credit: AP / Carolyn Kaster
KEY EVENT: Hot spring. The state Labor Department on Tuesday releases jobs created on Long Island in May. Job creation has been picking up locally: In March and April, employers added 38,800 jobs, best two-month total in more than a year.
MONDAY: Two free seminars for would-be entrepreneurs: “Start Your Business” (Island Park Library, 6 p.m., 516-432-0122) and “How to Start a Small Business” (Westbury Library, 7 p.m., 516-333-0176). Earnings: Dave & Buster’s.
TUESDAY: The nation’s most-watched inflation report: consumer prices for May from the U.S. Labor Department. The report includes a breakout of prices in 25 Northeast counties, including Long Island and New York City. Earnings: H&R Block.
WEDNESDAY: The Federal Reserve ends a two-day meeting with a decision on interest rates and a statement on the economy. After the meeting Fed chairman Jerome Powell holds a news conference.
THURSDAY: The Commerce Department releases May retail sales. And two reports from the U.S. Labor Department: jobless benefits claims for the week ended June 9 and May import and export prices. Earnings: arts and crafts retailer Michaels.
FRIDAY: The June Empire State survey, the Federal Reserve Bank of New York’s monthly gage of state manufacturing activity.
Sarra Sounds Off, Season 3, Ep 4: Top football teams in action, fantasy update and plays of the week Gregg Sarra sounds off on the Nassau Conference II football matchup between Calhoun at Carey, plus the comeback story of New Hyde Park's Gabriel Peter, an update on the high school fantasy football standings and the plays of the week.
Sarra Sounds Off, Season 3, Ep 4: Top football teams in action, fantasy update and plays of the week Gregg Sarra sounds off on the Nassau Conference II football matchup between Calhoun at Carey, plus the comeback story of New Hyde Park's Gabriel Peter, an update on the high school fantasy football standings and the plays of the week.
