Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
🚫 GENESIS SOLD OUT
DAPAPAY COMING

Business

New York commuter rail strike ending after MTA, unions reach agreement

Published

on

Long Island Rail Road strike halts service for 300,000 commuters ahead of Memorial Day

New York Gov. Kathy Hochul announced Monday that the Long Island Rail Road (LIRR) strike is set to end after the Metropolitan Transportation Authority (MTA) and union leaders reached an agreement.

In a post on X, Hochul said phased LIRR service is expected to resume Tuesday at noon, easing travel disruptions for hundreds of thousands of commuters across the New York region.

Advertisement

“Tonight, the [MTA] reached a fair deal with the five LIRR unions that delivers raises for workers while protecting riders and taxpayers,” Hochul wrote. “I’m pleased to announce that phased LIRR service will resume beginning tomorrow at noon.”

The breakthrough came after thousands of LIRR workers went on strike at midnight Saturday, effectively shutting down the nation’s busiest commuter railroad for the first time in more than three decades and threatening major economic disruption across the New York region ahead of Memorial Day.

GEN Z IS SINGLE-HANDEDLY BRINGING AMERICA’S SHOPPING MALLS BACK TO LIFE

Long Island Rail Workers Strike

Long Island Rail Road (LIRR) workers picket outside of Penn Station in New York, US, on Saturday, May 16, 2026. (Victor J. Blue/Bloomberg via Getty Images / Getty Images)

The strike halted service for roughly 300,000 daily riders after last-minute contract negotiations between the MTA and a coalition of five rail unions failed to produce a wage agreement.

Advertisement

The MTA confirmed Saturday that all LIRR service was suspended and warned there was “no substitute” for the railroad, urging commuters to work remotely if possible as officials braced for severe congestion and delays throughout the metropolitan region.

New York State Comptroller Thomas DiNapoli’s office estimated the strike could cost the regional economy up to $61 million per day in lost economic activity, as commuters scrambled for alternatives and businesses prepared for disruptions.

The labor action marked the first LIRR strike since 1994. Union leaders said workers involved in the coalition had gone more than three years without raises while negotiating a new labor agreement.  

NYC REAL ESTATE TITAN COMPARES ‘TAX THE RICH’ SLOGAN TO ‘DISGUSTING RACIAL SLURS’ AMID MAMDANI CLASH

Advertisement
lir workers possible strike sign

A sign displaying the suspension of Long Island Rail Road (LIRR) service due to a strike, at Nostrand Avenue station in the Brooklyn borough of New York, US, on Saturday, May 16, 2026.  (Victor J. Blue/Bloomberg via Getty Images / Getty Images)

“This strike would not have happened if the MTA and LIRR offered our members the reasonable terms the government recommended multiple times. But management refused,” Mark Wallace, president of the Brotherhood of Locomotive Engineers and Trainmen and the Teamsters Rail Conference, said in a statement.

“We hope LIRR gets serious soon to avoid further unnecessary disruptions for hundreds of thousands of New Yorkers. They know where to find us when they’re ready: on the streets.”

MTA officials defended their bargaining position, arguing that excessive wage increases could ultimately drive up fares and strain the transit system’s finances.

MTA Chair and CEO Janno Lieber said the agency “cannot responsibly make a deal that implodes MTA’s budget” and warned taxpayers and riders could ultimately bear the cost of larger wage increases.

Advertisement
Long Island Rail Workers Strike In First Walkout Since 1994

A commuter sits at the Long Island Rail Road (LIRR) station at Nostrand Avenue in the Brooklyn borough of New York, US, on Saturday, May 16, 2026.  (Victor J. Blue/Bloomberg via Getty Images / Getty Images)

CLICK HERE TO GET FOX BUSINESS ON THE GO

Hochul had previously criticized the strike as “reckless,” warning it could hurt commuters, businesses and the broader regional economy.

President Donald Trump also weighed in on the dispute, blaming Hochul for allowing the strike to occur.

“If you can’t solve it, let me know, and I’ll show you how to properly get things done,” Trump wrote on Truth Social.

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Tencent shares jumps after saying some AI models to become paid services

Published

on


Tencent shares jumps after saying some AI models to become paid services

Continue Reading

Business

Morning Bid: Markets in uneasy calm as inflation fears take root

Published

on

Morning Bid: Markets in uneasy calm as inflation fears take root


Morning Bid: Markets in uneasy calm as inflation fears take root

Continue Reading

Business

Starbucks Korea sacks CEO over controversial 'Tank Day' promotion

Published

on

Starbucks Korea sacks CEO over controversial 'Tank Day' promotion

Starbucks withdrew the campaign for its drink tumblers after many said it referenced a bloody crackdown.

Continue Reading

Business

Inflation Making It Hard for Fed to Cut Rates, Gundlach Says

Published

on

Barron's

Jeffrey Gundlach says it is very difficult to see the Federal Reserve cutting interest rates further at this point, and the DoubleLine Capital CEO actually sees the central bank raising rates for its next move.

Gundlach told Fox News’ Sunday Morning Futures that conditions are going to give newly minted Fed Chair Kevin Warsh a “rough time.”

“People were looking for two rate cuts this year, but the inflation market has simply not cooperated,” Gundlach told Fox. “It’s just not possible, in my view, to cut interest rates when the two-year Treasury is almost 50 basis points higher than the Fed funds rate.”

Continue Reading

Business

LiveRamp Holdings, Inc. (RAMP) Publicis Groupe S.A. – M&A Call – Slideshow

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

LiveRamp Holdings, Inc. (RAMP) Publicis Groupe S.A. – M&A Call – Slideshow

Continue Reading

Business

AT4 taps investors for $10m

Published

on

AT4 taps investors for $10m

American Tungsten and Antimony has taken another step towards becoming a significant player within America’s critical mineral space.

Continue Reading

Business

Russia attacks Ukraine’s Danube port city, Ukraine launches drones towards Moscow

Published

on

Russia attacks Ukraine’s Danube port city, Ukraine launches drones towards Moscow


Russia attacks Ukraine’s Danube port city, Ukraine launches drones towards Moscow

Continue Reading

Business

Q1 2026 U.S. Retail: Broadline Retail Powers Earnings Growth As Household Durables Weaken

Published

on

Q1 2026 U.S. Retail: Broadline Retail Powers Earnings Growth As Household Durables Weaken

toy shopping trolley with pink and yellow background

Tara Moore/DigitalVision via Getty Images

By Jharonne Martis

The LSEG U.S. Retail and Restaurant Q1 earnings index, which tracks changes in the growth rate of earnings within the sector, is expected to show a 25.2% growth over last year’s levels. Our metrics show that

Advertisement
Continue Reading

Business

Takeda engaged in antitrust scheme to delay generic constipation drug, US jury finds

Published

on

Takeda engaged in antitrust scheme to delay generic constipation drug, US jury finds


Takeda engaged in antitrust scheme to delay generic constipation drug, US jury finds

Continue Reading

Business

PM broken tax promise forces another GST pledge

Published

on

PM broken tax promise forces another GST pledge

Prime Minister Anthony Albanese has been forced to reiterate his commitment to WA’s GST deal after breaking promises on tax policy in the federal budget.

Continue Reading

Trending

Copyright © 2025