KEY EVENT. Grads, stash some cash. Member of the Class of 2012? Financial advisers say this is a good week to take some of your gift money and open an IRA or put some cash in the bank for an emergency fund. Also, look into consolidating student loans, but keep an eye on the terms and watch out for hidden fees. 
 Monday. April factory orders from the <a href="/topics/Commerce_Department">Commerce Department</a>. Earnings: discount retailer <a href="/topics/Dollar_General">Dollar General</a>, casino supplies provider <a href="/topics/Shuffle_Master%2C_Inc.">Shuffle Master</a>. 
 Tuesday. The <a href="/topics/Institute_for_Supply_Management">Institute for Supply Management</a>'s services industries report for May updates the health of businesses outside the manufacturing sector, such as retail and communications. 
 Wednesday. The <a href="/topics/Federal_Reserve">Federal Reserve</a> releases the Beige Book, a compilation of recent reports on economic activity from around the nation. Also, worker productivity in the first quarter from the <a href="/topics/Labor_Department">Labor Department</a>. Earnings: Port Washington filtration systems provider Pall, Jack Daniels distiller <a href="/topics/Brown-Forman">Brown-Forman</a>. 
 Thursday. <a href="/topics/Federal_Reserve">Federal Reserve</a> chairman <a href="/topics/Ben_Bernanke">Ben Bernanke</a> is scheduled to testify before <a href="/topics/U.S._Congress">Congress</a> about the nation's economic outlook. Also, claims for jobless benefits for the week ended June 2 from the <a href="/topics/Labor_Department">Labor Department</a>. Earnings: semiconductor maker Altera, jam maker <a href="/topics/J_M_Smucker">J.M. Smucker</a>. 
 Friday. International trade for April from the <a href="/topics/Commerce_Department">Commerce Department</a>.

KEY EVENT. Grads, stash some cash. Member of the Class of 2012? Financial advisers say this is a good week to take some of your gift money and open an IRA or put some cash in the bank for an emergency fund. Also, look into consolidating student loans, but keep an eye on the terms and watch out for hidden fees. Monday. April factory orders from the Commerce Department. Earnings: discount retailer Dollar General, casino supplies provider Shuffle Master. Tuesday. The Institute for Supply Management's services industries report for May updates the health of businesses outside the manufacturing sector, such as retail and communications. Wednesday. The Federal Reserve releases the Beige Book, a compilation of recent reports on economic activity from around the nation. Also, worker productivity in the first quarter from the Labor Department. Earnings: Port Washington filtration systems provider Pall, Jack Daniels distiller Brown-Forman. Thursday. Federal Reserve chairman Ben Bernanke is scheduled to testify before Congress about the nation's economic outlook. Also, claims for jobless benefits for the week ended June 2 from the Labor Department. Earnings: semiconductor maker Altera, jam maker J.M. Smucker. Friday. International trade for April from the Commerce Department.

Business

BZWEEK03

The Week Ahead: June 4 to 8

Newsday

indicators- cropped

Business Trending

Wallet Watch

LI's priciest home sales

People on the Move

Latest real estate news

Most Popular

Latest Videos

Latest videos

DeVuono describes her scheme to an undercover investigator in January 2022.

See the undercover video of the DeVuono sting

Joe Tosini, owner of River Center Shopping Center in Riverhead, said the businesses in the center lost power during Saturday's storms and that their electricity wasn't restored until late Tuesday afternoon. NewsdayTV's Shari Einhorn reports.

'We're still behind'

The foundation paid for staff events at wine bars, a $2,000 limo ride and a Gracie Mansion gala. Newsday investigative reporter Peter D'auria, Richard Kessel, current chairman of the Nassau Health Care Corporation and Albany Law School professor Randle Pollard discuss.

'It should exist for the benefit of the hospital'

It was an unimaginable crime that shattered the idyllic image of a suburbia. On July 4, 1956, little Peter Weinberger, only 32 days old, was snatched out of his stroller on the back patio of his family's home in Westbury and killed. NewsdayTV's Shari Einhorn reports.

'It impacts who I am today, and I'm going to be 80'

Dangerous extreme heat with the possibility of thunderstorms are in store for Long Island and the entire NYC area beginning Wednesday, NewsdayTV's meteorologist Geoff Bansen has the forecast.

Possible record temperatures coming

Sign up for the Daily Business newsletter

Business Newsletter Widget

Nation's largest yoga chain plans to open a location in Roslyn on July 18, followed by studios in Huntington Station and Uniondale by early next year.

Yoga chain entering LI market, plans to open 3 studios by early 2027

Business Article Bottom Module

World shares have mostly advanced, with Asian stocks helped by buying of technology-related shares following a tech-led rally on Wall Street.

World shares mostly climb and oil prices slip as traders monitor Iran war developments

African countries have secured $900 million in new financial commitments to expand access to clean cooking.

Africa secures $900 million in new clean cooking commitments

Stocks rose, and oil prices eased as financial markets calmed a day after President Donald Trump raised doubts about the temporary truce in the war with Iran.

Stocks recover losses, and oil prices ease as calm returns to financial markets worldwide

PepsiCo reported stronger than expected revenue in the second quarter despite weaker demand in North America, where it said consumers tightened their budgets due to economic concerns.

PepsiCo says economic concerns weighed on customers in North American during recent quarter

The number of Americans filing for unemployment benefits dipped slightly last week as layoffs in the U.S. remain historically low.

US jobless claims dip modestly to 215,000 last week as layoffs remain at historically healthy levels

Venture capitalist Marc Andreessen, economist Raj Chetty and former Bank of England governor Mervyn King are among a slate of names released by the Federal Reserve Thursday that will help develop recommended changes to the central bank's operations.

Andreessen, Chetty among leaders of Fed's new task forces evaluating operations

Business Video Playlist

The price of childcare can be prohibitive for many Long Island parents. NewsdayTV's Andrew Ehinger reports along with NewsdayTV's Ken Buffa, Newsday business reporter Victor Ocasio and daycare owner Janna Rodriguez.

'Probably as much as rent or mortgage'

The overall inflation rate for the Long Island area is now 5.1%, up from 3.4% in May 2025. Newsday business reporter James T. Madore has more.

'Long Islanders are feeling the pain'

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'

NEWSDAY TV SHORTS

Vertical videos

From the Sunflower Festival to Weird Al at UBS Arena, check out all the fun things to do and explore this weekend.

What's up on LI this weekend

Riverhead shopping center back in business after 3-day power outage

NewsdayTV's Elisa DiStefano joined the volunteers of Save the Great South Bay to clean oysters. The oysters are cleaned weekly and then placed back into the bay, where they'll be able to help filter the water.

Help boost the Great South Bay oyster population

NewsdayTV's Doug Geed visits Palmer Vineyards, where they host 'summer late nights,' which have become very popular.

Out East: Take a sip at this winery that's ready for summer

A draft rule introduced this month by House and Senate Republicans would significantly limit compensation for service-connected tinnitus and sleep apnea for veterans. NewsdayTV's Virginia Huie reports.

LI vets concerned about bill that would reduce benefits

Juan Bonilla Lagos, who was arrested by ICE in October near his Plainview home, was freed from jail after nine months.

Plainview man detained by ICE freed from jail after 9 months 

Brianna's Law, named after an 11-year-old girl who died in a 2005 accident, requires all operators of motorized vessels to take a boating safety course. NewsdayTV's Andrew Ehinger reports.

After her daughter's boating death, mom went from grief to 'unstoppable' safety advocate

The number of IOUs issued by LIRR conductors for fare evasion fell by more than half from 2024 to 2025. Newsday transportation reporter Alfonso Castillo explains.

LIRR IOUs for fare evasion are down

NewsdayTV's Elisa DiStefano visits L'Etoile in Oyster Bay. The French restaurant is in the building that used to be Snouder's Drug Store.

Historic LI building home to new French restaurant

Newsday food writer Erica Marcus explores the new farmers market at Station Yards in Ronkonkoma.

Farmers market opens at Station Yards

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

Newsday TV

NewsdayTV Top Item

Concerns at WTC health fund ... America 250: Huntington arsenal ... What's up on LI ... Get the latest news and more great videos at NewsdayTV

Concerns at WTC health fund ... America 250: Huntington arsenal ... What's up on LI

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.

Most Popular

Latest Videos

Stay logged in.