After spending several days virtually visiting with community leaders on Long Island, John C. Williams, president and CEO of the New York Federal Reserve, talked to Newsday's James Madore on Thursday, May 28 about how long it will take for Long Island's economy to get back to where it was in February 2020.


Business

New York Federal Reserve president talks Long Island economy

Newsday

bzWILLIAMS200529_video

Business Trending

LI's priciest home sales

People on the Move

Latest real estate news

Most Popular

Latest Videos

Latest videos

Starting this spring, JetBlue Airways will offer daily nonstop service between Long Island MacArthur Airport and Boston for $49 each way.

$49 daily flights from LI to Boston 

President-elect Donald Trump is looking to make major changes that could impact the U.S. economy. Newsday's business reporter James T. Madore has more. 

What Trump's economic plan could mean for LIers

  The Suffolk DA's Office is seeking a cheek swab of Schwally to serve as a comparative analysis to a DNA profile from a blood test of the driver.

Prosecutors want Steven Schwally to give cheek swab in nail salon crash case

Francis Buckheit, of East Islip, is charged with the kidnapping and rape of a 14-year-old East Patchogue girl who was found at an Islip marina, where she had been held for 25 days.

Prosecutors: LI man planned to take missing teen to Carolinas by boat

Jaden Dsouza, 19, has been charged with manslaughter and driving while ability impaired by drugs in the deaths of two people in a Southern State Parkway crash. NewsdayTV's Ken Buffa reports.

Manslaughter charges for teen in deadly crash

Sign up for the Daily Business newsletter

Business Newsletter Widget

The company said in court filings Wednesday that it has "faced significant strategic and operational challenges" since April, when it emerged from its previous bankruptcy.

Fabrics and crafts chain Joann files for bankruptcy again, seeks buyer

Business Article Bottom Module

SpaceX has launched a pair of lunar landers for U.S. and Japanese companies looking to jumpstart business up there.

2 private lunar landers head toward the moon in a roundabout journey

Google says its artificial intelligence chatbot Gemini will now deliver up-to-date news from The Associated Press in the tech giant's first such deal with a news publisher.

Google signs deal with AP to deliver up-to-date news through its Gemini AI chatbot

U.S. automobile safety regulators are closing their preliminary investigation into General Motors' Cruise robotaxis without taking further action.

NHTSA closes preliminary investigation into General Motors' Cruise robotaxis

The Biden administration is floating a long-awaited proposal to make cigarettes less addictive by capping their nicotine levels.

FDA floats plan to make cigarettes nonaddictive, but its fate rests with Trump

As Trump heads to the White House, Long Islanders are bracing for how his initiatives could impact the region's $206 billion economy.

The Trump economy: How the administration's agenda could affect LI

The Transportation Department is stepping up enforcement of persistent flight delays with a civil lawsuit against Southwest Airlines and a fine against Frontier Airlines.

US government sues Southwest Airlines and fines Frontier for chronically delayed flights

Business Video Playlist

Why will the Los Angeles wildfires affect the costs of Long Island home insurance? Newsday business reporter Jonathan LaMantia explains.

'Long Island homeowners will eventually feel the impact'

Newsday business reporter Victor Ocasio looks at the new NYS law offering up to 20 hours of paid leave for prenatal care.

Potential impact of new prenatal paid leave law

Trader Joe's plans to open a new grocery store in Miller Place on Route 25A. NewsdayTV's Ken Buffa reports.

Construction expected to start early '25 on new Trader Joe's

Big Lots and Party City will be closing all of their locations including on Long Island. 

Big Lots and Party City close its retail stores 

Richters Orchard in Northport and Schmitt's Family Farms in Dix Hills offer two different fall experiences, but both families who live there love it. Newsday real estate reporter Arielle Dollinger reports.

'I want to see people coming through the yard'

The Island's first Wegmans is set to open in February 2025. Store manager Dawn Cooper gives us a sneak peek inside the 101,000-square-foot store.

First Wegmans on LI set for February opening

Modupe Ruth Ogunlaja Armstead and her husband, Don Armstead, owners of MRO Palace in Elmont, spoke about how they will be using Small Business Saturday to boost their business — not an easy task for a store where everything is custom-made.

'I want everybody that comes here to have an experience'

Despite worries about inflation, LIers were still out at the malls early on Black Friday/

Catching up with Black Friday bargain hunters

Long Island shoppers hit the malls and outlets for the best deals on Black Friday. NewsdayTV's Shari Einhorn reports. 

'They want to see, touch and feel what they're purchasing'

Holiday shoppers are looking for deals in 2024, with consumer spending expected to increase. NewsdayTV's Virginia Huie reports.

'Get those deals while you can'

Las Vegas Sands wants to add one lane on each side of a stretch of the Meadowbrook Parkway in order to blunt the impact of a new casino-resort.

Las Vegas Sands proposes Meadowbrook Parkway expansion 

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

Newsday TV

NewsdayTV Top Item

Israel, Hamas agree to ceasefire deal ... JetBlue adds flights to Boston from Islip ... Bird strikes up, FAA data shows ... Trump's economic policies impact on LI

Business - megaslot

What's happening with Long Island companies, Nassau & Suffolk small businesses, plus stock market updates.

Stay logged in.