During the supposed "retail apocalypse," the average hourly pay for retail workers grew by 5.1 percent last year, hitting a 15-year high.


Business

Retail pay hits 15-year high

Newsday

Business Trending

Wallet Watch

LI's priciest home sales

People on the Move

Latest real estate news

Most Popular

Latest Videos

Latest videos

Nick Cannon, host of the Wild 'N Out Live show at Barclays Center, visited students at Hempstead and Roosevelt high schools on Friday.

'Excited about entertainment'

The love for the Knicks was palpable as fans gathered at Long Island restaurants and Madison Square Garden for watch parties to take in Game 1 of the NBA Finals.

'If you're a Knicks fan, I want to be around you'

Long Islanders can expect a warm weekend forecast with temperatures in the 80s, there is an air quality alert Friday until 11 p.m., NewsdayTV's meteorologist Geoff Bansen has all the details.

Air quality alert for Long Island Friday

Carmine Agnello's arrest, for allegedly choking his girlfriend during an argument, comes weeks before he is to surrender to prison on a fraud conviction. NewsdayTV's Ken Buffa reports.

'Nothing happened,' Agnello said

Schwally, of Dix Hills, is scheduled to be sentenced on Aug. 12. NewsdayTV's Virginia Huie reports.

Guilty verdict in fatal nail salon crash

Sign up for the Daily Business newsletter

Business Newsletter Widget

"Generations of families went there," the local chamber of commerce president said.

East Islip bowling alley closes as it preps to become assisted living center

Business Article Bottom Module

Motorists and airline passengers aren't the only travelers thinking about high fuel prices as summer vacations near.

Fuel prices are shaping summer plans as US boaters get ready to hit the water

The U.S. stock market had its worst day since October as a sell-off in big technology companies weighed down the broader market.

Stocks slump as Big Tech sinks and a strong May jobs report boosts odds for higher interest rates

Anthropic is proposing that top AI companies coordinate a way to pause the development of advanced AI systems if they become too dangerous.

Anthropic urges industry coordination to allow for a 'pause' in AI development if risks grow

S&P Dow Jones Indices has decided not to change its guidelines for including large "MegaCap" companies in its stock indexes.

Operator of S&P 500 decides against fast-tracking 'MegaCap' IPOs into its stock indexes

U.S. employers added a surprising 172,000 jobs in May as the labor market continued to show resilience in the face of rising costs from the Iran war.

The US job market is strong but many Americans are still frustrated by prospects and rising prices

Scott Pelley may have lost his job after publicly blasting CBS management.

Longtime CBS correspondent Scott Pelley lived many workers' fantasy: Telling your boss off

Business Video Playlist

Recently passed state auto insurance reforms could help lower car insurance rates as much as 10% for New York drivers, according to some estimates. NewsdayTV's Virginia Huie reports.

'If it ain't now, it ain't happening. It's a dream.'

If approved, it would be the first new hospital on Long Island since 1980. Newsday business reporter James T. Madore has more.

'There are steps still to go'

The Riverhead Shake Shack, opening June 30, will be the chain's first on the East End.

Shake Shack set to open at Tanger Outlets

If approved, the 130,000-square-foot Bass Pro Shops Outdoor World would feature an indoor aquarium, historical displays and taxidermy wildlife mounts.

Bass Pro Shops combines outdoor gear, tourist attractions

Amanda Pastore, of Levittown, feels the pressure to provide her son a birthday party like other children his age — but at what financial cost?

'I just want him to fit in with everybody else'

Median home prices rose 7.8% in Nassau and 6.7% in Suffolk in April. Newsday business reporter Jonathan LaMantia has more.

'Things are looking up in terms of the number of new listings'

Government data shows grocery inflation in the metro area has risen 1.5%. NewsdayTV's Andrew Ehinger reports.

'Everybody is feeling the pinch'

A number of Long Islanders are picking up extra jobs in an effort to make ends meet. NewsdayTV's Andrew Ehinger reports.

'Nearly a third of Long Islanders reported being financially strained'

NewsdayTV's Ken Buffa shows you Newsday's new website where you can find stories, data and tips concerning your bottom line.

Introduction to Newsday's Wallet Watch

NewsdayTV's Ken Buffa, Andrew Ehinger and Newsday business reporter James T. Madore look at why everything seems to cost more on Long Island.

'There's still nothing like Long Island'

Some may be clueless about car maintenance, but you won't find those people in Farmingdale High School's auto technology class. NewsdayTV's Shari Einhorn reports.

'This is more than a class'

Between low inventory and rising home prices, mortgage rates and inflation, buying a house on Long Island can be a struggle. Newsday business reporter Jonathan LaMantia reports.

Homebuyers on LI facing low inventory, rising prices

NEWSDAY TV SHORTS

Vertical videos

NYU researchers are surveying the Eastern box turtle population to better understand how they are faring against habitat destruction, roadways and global warming.`

Turtle-sniffing dogs searching LI for science

Suffolk County Sheriff Errol Toulon Jr. spoke with NewsdayTV's Ken Buffa about what life is like for the Gilgo Beach serial killer Rex Heuermann in jail.

Rex Heuermann's life behind bars

Wide receiver Odell Beckham Jr. is back for a second stint with the Giants. Head coach John Harbaugh on Wednesday said Beckham seems healthier and Beckham said he is looking forward to making the most of the opportunity.

Odell Beckham Jr. back with the Giants

NYS takes crack at lowering auto insurance premiums. Here's what that means for LI.

NewsdayTV's Doug Geed visits the Long Island Game Farm for an inside look at the incredible hands-on wildlife encounters there.

Out East: What's new at the Long Island Game Farm

NYU Langone plans new hospital in Melville 

NewsdayTV's Elisa DiStefano visited Main Event, an entertainment center that recently opened in Deer Park.

Arcade, bowling and giant claw machine at Main Event 

Newsday food writer Erica Marcus helps make a strawberry crunch ice cream at Coyle's Ice Cream in Islip.

Making ice cream at Coyle's in Islip

Rockville Centre's Lavert Henderson-Hobbs has been a Knicks' season-ticket holder since 1969.

Rockville Centre's Lavert Henderson-Hobbs a Knicks' season-ticket holder since 1969

NewsdayTV's Ken Buffa visits Chubs Meats in Medford to try The Brunson, a sandwich inspired by the New York Knicks' star player.

Trendy Bites: Trying a Jalen Brunson-inspired sandwich

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

Newsday TV

NewsdayTV Top Item

On the latest episode of "Sarra Sounds Off," Gregg talks with Michael Sicoli and Tess Ferguson about county champs crowned in boys and girls lacrosse, and Jared Valuzzi reports on the Long Island flag football championship.

Sarra Sounds Off Ep 36: Champs crowned in lax and flag football

App Nativo Ad Unit Slot

Business - megaslot

Keep up with Long Island and national business news, including complete coverage of local companies, technology updates, stock market changes and more.

Stay logged in.