economy

Mark Lennihan / AP

Analysts say President Trump’s new tax proposal to eliminate a popular deduction could cost the Long Island economy billions.

Gunnar Rathbun / AP

Big box retailers and advocates for the poor are teaming up for their “biggest fight ever.” It’s against congressional Republicans who want to change the corporate tax code, in particular, taxes on imports and exports.

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.

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.

Douglas Healey / AP

Connecticut Governor Dannel Malloy has signed a bill to keep the Sikorsky Aircraft Corporation in the state until 2032. The bill gives the maker of the Black Hawk helicopter $220 million in state incentives and in return, the company has pledged to build a new line of helicopters for the U.S. military at its Stratford plant.  

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