Business

Business, economic news

Bebeto Matthews / AP

A survey of Long Island business owners and executives finds that most are cautiously optimistic about the Island’s economy in the new year.

Richard Drew / AP

Since the election of Donald Trump, the Dow Jones Industrial Average has risen about 2,000 points, and investors are eager to see if it will reach the next major milestone – the 20,000 mark.

Michael Driscoll is a business professor at Adelphi University on Long Island. He’s also a 28-year Wall Street veteran.

Julio Cortez / AP

Attorneys general in eight states and the District of Columbia have settled an inquiry into the on-call scheduling policies of several major retailers, resulting in more predictable work schedules for some 50,000 workers.

Richard Drew / AP

New York regulators fined errant banks a total of $650 million in 2016, but that number could increase in the new year when new rules take effect.

Lynne Sladky / AP

On the campaign trail, President-elect Donald Trump promised to run government like a business and slash "excessive regulations." Yet, he also promised to resurrect one of the biggest bank regulations in modern history: The Glass-Steagall Act of 1933.

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