<p>According to a report by state Comptroller Thomas P. DiNapoli, pretax profits of securities firms in New York City rose nearly 80% in the first half of this year compared with the same period in 2023.</p>


Business

bzWALL241009_video

Profits on Wall Street climb 80% in the first half of the year

Great Neck Plaza

onecms:dff78c98-e399-4b76-8352-d450259fc39f

Newsday

Wall Street profits climb 80% in the first half of 2024 

bzWALL241009_photos

Business Trending

LI's priciest home sales

People on the Move

Latest real estate news

Most Popular

Latest Videos

Latest videos

More than 100 women have been found dead outside on Long Island since 1976. NewsdayTV's Shari Einhorn and Newsday investigative reporter Sandra Peddie have this exclusive story.

'We have to figure out what happened to these people' 

NewsdayTV meterologist Rich Von Ohlen has an update on Hurricane Milton, which is not forecast to affect Long Island. 

Rich Von Ohlen takes a look at Hurricane Milton

Community members gathered at a ceremony at Farmingdale High School to rename two streets in honor of Beatrice Ferrari and Gina Pellettiere, who died in a band bus crash last year. 

'Their time with us will never be forgotten'

According to Nassau Police, an 85-year-old man has died after a fire engulfed a Seaford home Monday evening.

Man dies after being pulled from Seaford house fire 

A kindergartner in East Meadow was dropped off at the wrong school bus stop more than two miles from his day care center on the first day of school. NewsdayTV's Drew Scott reports.

'I don't even have words for that' 

Sign up for the Daily Business newsletter

Business Newsletter Widget

United Airlines reports quarterly results Tuesday.

Next Week: United Airlines earnings, retail sales, housing starts

Business Article Bottom Module

Americans' outlook on the economy soured a bit after two months of small gains, according to the University of Michigan's consumer sentiment index, released Friday.

US consumer sentiment slips in October on frustration over high prices

Fisher-Price is recalling parts of over 2 million infant swings across the U.S., Canada and Mexico.

Fisher-Price recalls over 2 million 'Snuga Swings' following the deaths of 5 infants

Relatives of passengers who died in Boeing Max crashes will tell a judge to throw out a plea agreement that they say is a sweetheart deal for Boeing.

Boeing's lawyers come to court to face relatives of the passengers who died in Boeing Max crashes

Snubbed by Tesla, Mexico's new president has pledged to create a Mexican-made small, affordable electric car.

Snubbed by Tesla, Mexican government pledges to create its own small, affordable electric car

Italian lawmakers on Friday questioned the head of troubled French-Italian automaker Stellantis over the group's strategy, one day after it announced a management shakeup in an effort to revive sales.

Stellantis CEO under fire from Italian lawmakers as the group grapples with financial troubles

United Airlines is adding eight new international destinations to its itinerary for next summer.

United Airlines adding 8 new international destinations to itinerary for next summer

Business Video Playlist

Median prices in Great Neck, Amityville and Franklin Square all increased at least 17% in the first half of 2024. NewsdayTV's Virginia Huie and Newsday business reporter Jonathan LaMantia have the story.

'Prices are crazy'

According to a report by state Comptroller Thomas P. DiNapoli, pretax profits of securities firms in New York City rose nearly 80% in the first half of this year compared with the same period in 2023.

Getting a head start on holiday shopping? RetailMeNot's Stephanie Carls talks about what Amazon has to offer on Oct. 8 and 9.

How to get the best deals on Prime Big Deal Days

Dockworkers began walking picket lines early Tuesday, at ports from Maine to Texas, including New York, in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on more than a few weeks.

Dockworkers strike could reignite inflation and cause shortages of goods

The number of furniture retailers on Long Island are on the decline, particularly mom-and-pop shops, according to the U.S. Bureau of Labor Statistics. NewsdayTV's Virginia Huie reports.

LI furniture stores feeling the pinch

Amazon is set to go from two to nine warehouses on Long Island in response to online shopping, Newsday's James T. Madore reports.

Amazon opens more LI warehouses to meet increase sales

Kmart in Bridgehampton, the discount retailer's last full-size Kmart in the U.S., will close its doors next month after 25 years in operation.  

Kmart in Bridgehampton to close next month

The median single-family home in Nassau sold for $835,000 last month, while the Suffolk median rose to $680,000.

Home prices on Long Island are continuing to climb

The Federal Reserve has cut interest rates for the first time in more than four years. Newsday's business reporter Jonathan LaMantia explains how this will affect Long Islanders. 

What Fed's decision to cut interest rates means for LIers 

Ethnic grocers, including stores that specialize in selling Asian, Latino and African goods, are a fast-growing business on Long Island. NewsdayTV's Drew Scott reports. 

'I used to have to drive all the way to Queens or Brooklyn'

LI homebuyers can expect to gain greater buying power as mortgage rates dropped to 6.2% this week. NewsdayTV's Drew Scott and Newsday business reporter Jonathan LaMantia report.

'More buying power to homebuyers'

Home prices continue to rise on Long Island, giving potential buyers headaches and heartbreak. NewsdayTV's Jasmine Anderson reports.

'It's still a seller's market'

<a href="https://www.newsday.com/video/newsdaytv-top-stories">Get more on these and other NewsdayTV stories</a>

Newsday TV

NewsdayTV Top Item

Business - megaslot

What's happening with Long Island companies, Nassau & Suffolk small businesses, plus stock market updates.

Stay logged in.