It has been a turbulent week for the broader economy—inflation reached a three-year high, tensions in the Middle East continued to fluctuate, and mortgage rates ticked up to…
Read more Housing Market Reality Check: How To Navigate Rising Inflation, 6.52% Rates, and Record Home EquityATLANTA — Federal energy officials on Wednesday announced a record $27 billion loan to electric utilities in Georgia and Alabama, saying the loan will save customers money as…
Read more Feds give record $27B in loans for utility expansion in Georgia and AlabamaIn a combative State of the Union speech — the longest in modern history at about 108 minutes — President Donald Trump defended his administration’s economic performance and…
Read more Fact-check: Donald Trump’s State of the Union 2026President Donald Trump inflated his administration’s success in reducing inflation at his Feb. 24 State of the Union address, falsely claiming he inherited “record levels” from President Joe…
Read more Inflation falls, but Trump exaggerates his successThe Blueprint: Valley Bank‘s 2025 survey included 500 financial decision-makers from U.S. middle-market firms, including on Long Island. 92% rated their cash flow as good or very good…
Read more Middle-market firms, including on LI, see growth amid challenges | Long Island Business NewsBANGKOK — U.S. futures fell and most Asian markets climbed Monday after the Supreme Court struck down most of President Donald Trump’s sweeping tariffs. Tokyo’s markets were closed…
Read more US futures fall while Asian markets are mostly higher after the Supreme Court nixes Trump’s tariffsBANGKOK — U.S. futures fell and most Asian markets climbed Monday after the Supreme Court struck down most of President Donald Trump’s sweeping tariffs. Tokyo’s markets were closed…
Read more US futures fall while Asian markets are mostly higher after the Supreme Court nixes Trump’s tariffsAfter humming along at a robust pace for much of 2025, the economy hit a wall in the fourth quarter, with a six-week government shutdown and slowdown in…
Read more The latest GDP data isn’t as bad as it looks. Here’s what to know.What do Levi Strauss, spice-maker McCormick, BMW and Porsche, Cincinnati’s Structural Systems Repair Group and 16 major drug makers have in common? They’re all hiking prices to cope…
Read more More Price Increases Are Coming in 2026TOKYO — Japan’s benchmark Nikkei 225 index fell Tuesday following a U.S. national holiday, while most markets in Asia were closed for Lunar New Year holidays. U.S. futures…
Read more Shares fall in Japan, while most Asian markets are shut for Lunar New YearTHE BLUEPRINT: 45% of Long Island businesses forecast growth in 2026, down from 52% last year. Inflation (45%) and retention of young professionals (34%) rank as top concerns.…
Read more Long Island businesses eye cautious growth in 2026 | Long Island Business NewsWith Valentine’s Day on Saturday, a new survey shows that more Americans are looking for financial stability in a partner than for romance. The survey, from Ramsey Solutions’…
Read more This Valentine’s Day, Americans choose financial stability over romanceNEW YORK — For years, it was a daily McDonald’s trip for a cup of coffee with 10 sugars and five creams. Later, it was Starbucks caramel macchiatos…
Read more Soaring coffee prices rewrite some Americans’ daily routinesThe January inflation reading offered encouraging signs for consumers and the U.S. economy, with the Consumer Price Index coming in below Wall Street expectations and falling to its lowest level…
Read more The January CPI report is the best inflation news we’ve had in months. Here’s why.Wendy’s is closing several hundred U.S. restaurants and increasing its focus on value after a weaker-than-expected fourth quarter. The Dublin, Ohio-based company said Friday that its global same-store…
Read more Wendy’s closes US restaurants and focuses on value to turn around falling salesCocoa prices have fallen nearly 70% since last Valentine’s Day, but that won’t make heart-shaped boxes of chocolate or even chocolate Easter bunnies more affordable this year. Chocolate…
Read more Falling cocoa prices won’t necessarily mean cheaper Valentine’s Day chocolatesThe Consumer Price Index rose 2.4% in January from a year ago, below economists’ forecasts and a sign that price pressures across the U.S. are easing. By the…
Read more CPI report shows inflation cooled in January, with prices rising at a 2.4% annual paceNEWYou can now listen to Fox News articles! This administration was handed a fiscal mess, and with that a difficult path. Our debt/GDP is in the neighborhood of…
Read more CAROL ROTH: Trump is right to worry about interest rates — but there’s a price to payThe average long-term U.S. mortgage rate barely budged this week, staying close to 6% as the spring homebuying season nears. The benchmark 30-year fixed rate mortgage rate edged…
Read more Average US long-term mortgage rate barely budges, holding near 6%THE BLUEPRINT: 68% of store managers expect better performance in 2026 Inflation, rising costs, and consumer confidence were cited as the biggest challenges AI, automation, and in-store technology…
Read more Survey finds retailer optimism, though rising costs remain a concern | Long Island Business News
