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	The prices of homes on Long Island reached record highs in July despite higher mortgage rates.&nbsp;NewsdayTV&#39;s Jasmine Anderson and Newsday real estate reporter Jonathan Lamantia discuss.
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Why are LI home prices sky-high?

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Shortage of LI homes for sale driving record high prices, experts say

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Look back at NewsdayTV's top exclusives and highlights of 2025

Authorities are looking for a thief who stole a statue of baby Jesus from a Nativity scene displayed outside the H. Lee Dennison Building in Hauppauge last week. NewsdayTV's Ken Buffa reports.

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Composer Stephen Schwartz, who grew up in Roslyn Heights, says he will not perform at the Kennedy Center after President Donald Trump's name was added to the building.

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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.

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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.

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Huntington-based developer Vault Equities has applied for 15 years of tax breaks from the Nassau County Industrial Development Agency.

Developer proposes $19.2M storage facility for small businesses in Hicksville

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The U.S. military operation capturing Venezuelan President Nicolás Maduro has disrupted Caribbean travel.

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Nurses at Plainview, Syosset and Huntington hospitals plan to walk out Jan. 12 if no contract deal is reached, union says.

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U.S. stocks mostly edged higher on Wall Street in a wobbly start to the new year.

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Tesla lost its crown as the world's bestselling electric vehicle maker on Friday as a customer revolt over Elon Musk's right-wing politics, expiring U.S. tax breaks to buyers and stiff overseas competition pushed sales down for a second year in a row.

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Saks Global Enterprises, which operates Saks Fifth Avenue and Neiman Marcus, said Friday its CEO Marc Metrick stepped down, effective immediately.

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Greek authorities have removed more than 300,000 inactive university students from public university records.

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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.

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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.

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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.

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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.

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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.

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Long Island's top federal prosecutor said ICE will no longer hold detainees more than 12 hours or overnight at the facility. 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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