News

Wall Street Panics Over Prospect of a Socialist Running New York City
Democratic Socialist Zohran Mamdani’s stunning primary win is rattling the financial industry that had backed Andrew Cuomo.
New York City is closer to electing a democratic socialist mayor. Businesses have mixed feelings
New York City is one of the most expensive cities in the world to live in, a fact that guided many New Yorkers’ votes in ...
New York banks, REITs fall as Mamdani's mayoral lead stokes rent freeze worries
Shares of several New York-based banks and real estate investment trusts fell on Wednesday as Zohran Mamdani's lead in New ...
New York’s Housing Crisis Is So Bad That a Socialist Is Poised to Become Mayor
Zohran Mamdani, a 33-year-old pledging rent freezes, has leapt to the forefront of Tuesday’s primary.
Progressives just won big in New York's second-largest city
Democrats in several of New York's largest cities backed more progressive candidates on Tuesday as the party remains divided ...
Mamdani’s victory could be a loss for investors in these New York City real-estate stocks
Worries about higher taxes for companies and ultrawealthy people and more regulations is hurting the stocks of some New ...
In Joyful Victory Speech, Mamdani Vows to Work for ‘Each and Every New Yorker’
A crowd in Queens celebrated the triumph of Zohran Mamdani, the presumptive winner of the Democratic primary for mayor of New ...
Zohran Mamdani's Chances of Beating Eric Adams, According to Polls
For Cuomo, the mayoral race is a chance at a comeback after he resigned as governor in 2021 over a report from Attorney ...