The Week Ahead: Oct. 20-24
Tech giant Apple Inc., which recently released the iPhone 6 and iPhone 6 Plus (seen above), will release its quarterly earnings report on Monday, Oct. 21, 2014. Credit: Bloomberg / Lisa Maree Williams
KEY EVENT: Back to work. The Long Island unemployment rate in August was 5.1 percent, down from 5.3 percent the month before and down a full percentage point from August 2013. With the national jobless rate in September hitting a six-year low, will the positive trend continue locally? Answers come Tuesday when the state Labor Department releases September unemployment rates for Nassau, Suffolk and Long Island as a whole.
MONDAY: Earnings from Apple, Chipotle Mexican Grill, Hasbro and IBM.
TUESDAY: Existing home sales for September from the National Association of Realtors. Earnings: Harley-Davidson, Coca-Cola, Verizon Communications, Yahoo.
WEDNESDAY: The U.S. Labor Department releases September consumer prices, the nation's most watched inflation guide. Earnings: Islandia software maker CA Technologies, Westbury bank company New York Community Bancorp, AT&T, Boeing, General Motors, Northrop Grumman, Roosevelt Field mall owner Simon Property Group.
THURSDAY: Jobless benefits claims for the week ended Oct. 18 from the U.S. Labor Department. Also, single-family home prices for August from the Federal Housing Finance Agency. Earnings: 3M, Amazon, Caterpillar, Comcast, Microsoft.
FRIDAY: New home sales for September from the Commerce Department. Earnings: Colgate-Palmolive, Procter & Gamble, United Parcel Service.
Funeral for beloved band director ... Knifepoint robbery arrest ... Powerball grows ... Swift at Jets game?
Funeral for beloved band director ... Knifepoint robbery arrest ... Powerball grows ... Swift at Jets game?
