Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.

The switch to inflation-adjusted salaries will automatically take effect after the next election unless lawmakers and the governor reject it.

The South African Reserve Bank has cut the repo rate by yet another 25 basis points, bringing it down to 7.5%.

An early prediction for next year’s Social Security Cost of Living Adjustment shows retirees could be in for a shock.

The Fed keeps rates unchanged, signals more hawkish stance on inflation and describes real economy as solid. See why I don't expect rate cuts in the coming months.

If you receive Social Security benefits, you are getting a Cost of Living Adjustment (COLA) this year. This means your retirement benefits check is going to be bigger than it was before. That’s the ...

National Australia Bank has brought forward its rate cut forecast from May to February, joining its Big Four rivals who ...

With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.

National Australia Bank (NAB) has joined its three major competitors in bringing forward its forecasts for the first interest ...

After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.

By now, all seniors on Social Security should have gotten their first checks for 2025. With the latest 2.5% cost-of-living ...