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	Newsday&#39;s Jonathan LaMantia discusses how the Long Island home market has changed in a month with record high&nbsp;mortgage rates and falling home prices.
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Average mortgage rate for a 30-year fixed loan highest in 30 years

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Long Island home prices fall below summer highs

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Nassau County police said Tasabbir Hossain, 32, of Ronkonkoma, was westbound on the eastbound lanes of Sunrise Highway near Louden Avenue in Massapequa when he collided with the other driver's 2015 Acura.

Crash leaves two hospitalized

Hundreds of people attended the candlelight vigil in Lindenhurst Monday evening for Edeedson Cine Jr., who was fatally stabbed while working at CVS on Christmas.

Victim's father speaks at vigil

Newsday transportation reporter Alfonso A. Castillo moderated a town hall where a panel of experts discussed making Long Island roads safer. "I think success is zero deaths on the roadway," said DMV Deputy Commissioner for Traffic Safety Mary Tanner-Richter.

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No significant progress in the talks has been reported; negotiations will resume on Friday, the union said.

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Asian shares have begun the new year with an upbeat start, led by a 2% gain for Hong Kong's Hang Seng index.

Shares are higher in Asia in an upbeat start to the new year

The year 2025 was scary good for investors.

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While schools, government and banks are closed on New Year's Day, most major retailers across the U.S. will be open, with many offering discounts on older inventory to clear the way for newer products.

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Minneapolis-based Caribou Coffee has no locations in New York and is seeking approvals to build a drive-thru shop on Long Island.

Midwest coffee chain eyes LI in New York expansion

Wall Street fell on the final day of trading for 2025, a banner year for markets that was driven by both optimism and uncertainty.

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

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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.

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NewsdayTV's Ken Buffa visits Bob Murphy, the "Violin Guy," to see the dedication and precision it takes to make these instruments sing.

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The median price for a single-family home sold last month was $837,000 in Nassau and $701,000 in Suffolk. Newsday business reporter Jonathan LaMantia looks at the numbers.

Bidding wars, multiple offers

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Paws of War rescued dogs from an illegal puppy mill in Tennessee. The animals are now going to forever homes of veterans. NewsdayTV's Virginia Huie reports.

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John Sterbens is a volunteer with Splashes of Hope, in Huntington. He says the organization's mission is to brighten the world through art.

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Vigil held for slain CVS worker

Protesters rally against ICE detention conditions in Central Islip 

NewsdayTV's Doug Geed speaks to local wineries on the best sparkling wines for your midnight champagne toast.

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Beginning next month, MetroCards will be a thing of the past and the cost of LIRR tickets will rise. Newsday transportation reporter Alfonso Castillo has more.

MTA fare and toll hikes coming in 2026

After Carey High School senior James McGrath Jr. lost both of his parents by age 11, he relied on his older brother and two sisters to help guide him through life.

Carey High's James McGrath has siblings' support after losing parents

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Laney McGowan died after a long and courageous battle with Dravet syndrome, a severe form of genetic epilepsy. NewsdayTV's Virginia Huie reports.

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

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