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.

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The contract is set to expire on Monday, jeopardizing the first day of classes. NewsdayTV's Virginia Huie has more on contract negotiations.

Will Hofstra's faculty strike?

President and CEO of Nassau University Medical Center Thomas Stokes explains the problems caused by the aging infrastructure within the hospital. Newsday Associate Editor Joye Brown reports.

'You could have a catastrophic failure'

During a tour of the public hospital's campus, CEO Thomas Stokes said upgrades to aging infrastructure would cost "hundreds of millions of dollars." But there aren't yet plans to replace it. Newsday Associate Editor Joye Brown reports.

'It would cost hundreds of millions of dollars'

Nassau is one of two counties in the state that have refused to come into line with the law. NewsdayTV's Virginia Huie reports.

'Likely that the issue will wind up in court'

This morning, Long Islanders were able to see the SpaceX Falcon 9 rocket. Here was the view from Bethpage.

SpaceX Falcon 9 rocket seen over Bethpage

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The U.S. Army has announced plans to add nuclear microreactors at five military bases from New York to Texas as a reliable energy source independent of the commercial electric grid.

Army to spend $2B to build nuclear microreactors at 5 bases as US seeks to ramp up nuclear power

Federal Reserve governor Lisa Cook says the Trump administration has no legal basis to remove her from the central bank's governing board.

Fed governor Lisa Cook slams Trump's renewed threat to fire her

Nvidia's latest quarterly results once again blew past Wall Street's expectations as revenue for the computer chip company's high-end artificial intelligence chips soared, the latest sign that AI infrastructure spending remains strong.

Strong AI chip demand fuels Nvidia's Q2 results well beyond Wall Street's expectations

The Häagen-Dazs will host a grand opening and free ice cream giveaway on Saturday.

'We all love ice cream': Family opens new LI Häagen-Dazs

General Mills has removed artificial dyes from all its U.S. cereals, including Lucky Charms and Trix.

Lucky Charms and Trix go au naturel as General Mills ditches artificial colors

U.S. health officials have approved a groundbreaking pancreatic cancer drug that offers a new approach to treating the deadly form of cancer.

FDA approves landmark pancreatic cancer drug that's shown to improve survival

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Bonsai tree-making classes, trivia nights, mocktails and private events are among the ways local venues are trying to draw customers. Newsday business reporter Tory Parrish has more.

'We have a lot of different things going on'

Some East End businesses already house workers priced out of the area. Now East Hampton is weighing rules that could expand the model — and the debate over tying housing to a job. NewsdayTV's Andrew Ehinger reports.

'It's something I felt we had to do'

If the deal goes through, Giunta's Meat Farms will also acquire four Wild by Nature natural food stores. NewsdayTV's Ken Buffa reports.

Giunta's Meat Farms acquiring 24 King Kullen stores

Fake listings, bogus fees and stolen data target renters squeezed by Long Island's high housing costs. NewsdayTV's Virginia Huie reports.

'It's been a nightmare'

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'

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NewsdayTV's Ken Buffa heads to Mastic Seafood to slice some fish and shuck some oysters on this week's LI Works.

LI Works: Shucking oysters and hauling fish at a local seafood market

The country superstar performed at Nassau Coliseum and helped get books to Wyandanch kids. Newsday film critic Rafer Guzmán has more.

Remembering Dolly Parton

NewsdayTV's Doug Geed visits the Jamesport Farm Brewery, which has been recently purchased by the owners of Waterdrinker Farms.

Out East: Jamesport Farm Brewery

The multibillion-dollar project to improve the flow of energy to and from Long Island is facing pushback from some groups that say the health of Hempstead Harbor is at stake. NewsdayTV's Virginia Huie reports.

Underwater cable project to Long Island raises environmental concerns

Cleaning crews were hard at work after a tornado ripped through the Sun and Surf Beach Club in Atlantic Beach Thursday evening. NewsdayTV's Andrew Ehinger reports.

'It was just a whistling sound that came right through'

On Thursday an "accidental electrical fire" damaged several areas of the historic Milleridge Inn's main property.

'Accidental electrical fire' damages Milleridge Inn

Newsday travel reporter Carissa Kellman learns about renting and driving a skiff boat at Ted's Fishing Station in Point Lookout.

Cruise Long Island's shoreline on your own private boat

Since girls flag football became an official sport in New York high schools in the spring of 2023, participation in the sport has increased nearly 70%, NewsdayTV's Jared Valluzzi reports.

Flag football taking over spring sports

As Americans drink less, Long Island bars and breweries get creative 

Ken Buffa stopped by La Cucina Paisanos in Farmingville to try their "pull apart soul-bowls," which are bread bowls stuffed with pasta.

Trendy Bites: Get stuffed with these Italian 'soul-bowls'

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

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Nassau to end ICE agreements ... NUMC's aging infrastructure ... District spent nearly $1M to fire teacher ... Cold Spring Harbor Whaling Museum

Nassau to end ICE agreements ... District spent nearly $1M to fire teacher ... Cold Spring Harbor Whaling Museum

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