Business week ahead, Aug. 2-6
![CVS Health is among those firms reporting quarterly earnings this week.](/_next/image?url=https%3A%2F%2Fcdn.newsday.com%2Fimage-service%2Fversion%2Fc%3AMDE4YjAzZTgtZjMxMS00%3AZTgtZjMxMS00YmRkZDAx%2Fliclass210721_photos.jpg%3Ff%3DLandscape%2B16%253A9%26w%3D770%26q%3D1&w=1920&q=80)
CVS Health is among those firms reporting quarterly earnings this week. Credit: Jeff Bachner
KEY EVENT: The Labor Department on Friday releases jobs created and the unemployment rate in July. In June, the U.S. economy added a better-than-expected 850,000 workers. Jobs created on Long Island in July will be released by the state Labor Department on Aug. 19.
MONDAY: The July manufacturing index from the Institute for Supply Management. Also, June construction spending from the Commerce Department. Earnings: Roosevelt Field mall owner Simon Property Group, Manhattan office buildings owner Vornado Realty Trust.
TUESDAY: Automakers release July car and truck sales. Earnings: Melville health products distributor Henry Schein, Melville ID authentication products provider Intellicheck, Plainview semiconductor tools maker Veeco Instruments, PSEG Long Island parent Public Service Enterprise Group.
WEDNESDAY: Private-sector jobs added in July according to payrolls provider ADP. Also, the Institute for Supply Management releases the July services-sector report, an update on a wide swath of non-manufacturing businesses such as retailers, restaurants and technology. Earnings: CVS Health, Kraft Heinz, MetLife, Uber.
THURSDAY: Jobless benefits claims for the week ended July 31 from the Labor Department. Earnings: Great Neck real estate investor BRT Apartments, Hauppauge diagnostics tests maker Chembio, IHOP owner Dine Brands, vaccine maker Moderna, Shake Shack.
FRIDAY: The Labor Department releases workers’ average wages in July.
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'I'm going to try to avoid it' A trip to the emergency room in a Long Island hospital now averages nearly 4 hours, data shows. NewsdayTV's Virginia Huie reports.
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'I'm going to try to avoid it' A trip to the emergency room in a Long Island hospital now averages nearly 4 hours, data shows. NewsdayTV's Virginia Huie reports.