Business week ahead, Jan. 25-29
The Commerce Department delivers a report on sales of durable goods, including appliances, this week. Credit: Newsday/Alejandra Villa Loarca
KEY EVENT: A big week for economic news and corporate earnings, both nationally and locally, as the new administration settles in for its first full week of work in Washington.
MONDAY: The December national economic activity report from the Federal Reserve Bank of Chicago. Earnings: Kleenex maker Kimberly-Clark.
TUESDAY: The state Labor Department releases December unemployment rates for Nassau, Suffolk and Long Island as a whole. Also, S&P CoreLogic Case-Shiller home prices for November. And consumer confidence in January from the Conference Board. Earnings: American Express, Capital One Financial, Johnson & Johnson, Microsoft, Starbucks, Verizon.
WEDNESDAY: The Federal Reserve ends a two-day meeting with statements on the economy and the direction of interest rates. Also, December durable goods orders from the Commerce Department. Earnings: Westbury bank company New York Community Bancorp, Abbott Laboratories, Apple, AT&T, Boeing, Facebook, Levi Strauss, Tesla.
THURSDAY: A much-anticipated report: fourth-quarter GDP from the Commerce Department. Also from the Commerce Department: December new-home sales. And jobless benefits claims for the week ended Jan. 23 from the Labor Department. Earnings: Carle Place gift seller 1-800-Flowers.com, Uniondale bank company Flushing Financial, Comcast, McDonald’s, Northrop Grumman, Visa.
FRIDAY: December pending home sales from the National Association of Realtors. Earnings: Caterpillar, Chevron, Colgate-Palmolive, Eli Lilly.
Get ready for sun and fun with NewsdayTV's summer FunBook special! From celebrating America's 250th birthday to a new ride at Adventureland, NewsdayTV's Elisa DiStefano and Newsday lifestyle editor Meghan Giannotta have your inside look at Newsday's summer FunBook.
Get ready for sun and fun with NewsdayTV's summer FunBook special! From celebrating America's 250th birthday to a new ride at Adventureland, NewsdayTV's Elisa DiStefano and Newsday lifestyle editor Meghan Giannotta have your inside look at Newsday's summer FunBook.
