zohran mamdani

Editor’s note: The story has been updated to include a comment from a BlackRock spokesperson. BlackRock Inc. (NYSE:BLK) got a rebid opportunity to retain New York City pension mandates on Friday, as Comptroller Mark Levine opened a competitive review despite prior climate-related concerns...

Uber Technologies Inc (NYSE:UBER) filed a lawsuit seeking to stop New York City from enforcing a new rule that would limit when large ride-hailing platforms can remove drivers. Uber Sues New York According to a report by Reuters on Wednesday, Uber argued that the measure would make it harder to...

New York City Mayor Zohran Mamdani (D) said that the Democratic Party has lost its focus on the economic concerns of working-class Americans, calling for a sharper focus on housing, healthcare and gas prices ahead of the 2026 midterms. “The party, as a whole, has lost its focus on working...

On Thursday, Amazon.com, Inc. (NASDAQ:AMZN) founder Jeff Bezos reacted to New York City Mayor Zohran Mamdani's new government efficiency initiative just days after the two publicly sparred over whether higher taxes on the wealthy would help working-class New Yorkers. Bezos Praises Mamdani's New...

New York City Mayor Zohran Mamdani on Tuesday unveiled a major housing initiative called "Block by Block," promising to build 200,000 affordable homes and invest $5.6 billion into public housing across the city. Mamdani said the proposal would overhaul housing code enforcement, crack down on "bad...

New York City Mayor Zohran Mamdani is expected to announce on Tuesday that some distressed landlords will be exempt from his proposed rent freeze, according to a report by The Wall Street Journal. The report said eligible owners of certain rent-stabilized apartments would be allowed to impose a one...

New York City Mayor Zohran Mamdani pushed back on Wednesday after Amazon.com Inc. (NASDAQ:AMZN) founder Jeff Bezos said that even doubling the taxes he pays would not help "that teacher in Queens," escalating a debate over wealth, public spending and how the city should fund basic services. Mamdani...

The Bezos family has donated $100 million to Robin Hood, a major New York-based anti-poverty nonprofit, to establish the Jackie Bezos Endowment for Early Childhood. The endowment will support education and early childhood development programs, an area also prioritized by New York City Mayor Zohran...

Wealthy New York property owners are criticizing Mayor Zohran Mamdani's proposed tax on luxury second homes, arguing the policy could hurt investment and push more high earners toward cities like Miami. The proposed levy would apply to second homes worth more than $5 million. According to New York...

Top Democratic leaders praised law enforcement’s prompt action on Saturday after gunshots erupted inside the Washington Hilton ballroom during the White House Correspondents’ Dinner. Secret Service agents swiftly encircled President Donald Trump and escorted him from the stage. Secret...

Kevin O’Leary blasted New York Mayor Zohran Mamdani‘s proposed pied-à-terre tax as "really stupid," arguing that owners of luxury second homes bankroll construction work, keep paying ongoing property-related costs, and don't strain city services when they're absent. His comments land...

Ken Griffin is reportedly pushing back hard after New York City Mayor Zohran Mamdani used the Citadel CEO’s $238 million Manhattan penthouse as a prop in a ‘tax-the-rich' campaign video. In a Thursday email reviewed by The Wall Street Journal, Citadel COO Gerald Beeson warned the firm may not...

Alister Martin, the newly appointed Health Commissioner of New York City, has laid out his plan to tackle the city’s affordability crisis. Martin views affordability as a public health concern intertwined with political and economic factors. In a piece on MarketWatch on Thursday, he said,...

On Monday, Rep. Chip Roy (R-Texas) introduced legislation aimed at restricting immigration and citizenship based on ideological affiliations, triggering immediate debate over national security and civil liberties. Immigration Bill Targets Ideological Ties In a press release, Roy announced the...

As the week comes to a close, here’s a quick recap of the top stories that made headlines in the financial world. Former Treasury Chief Paulson Warns Of Bond Demand Crisis, Calls For Emergency Plan Former U.S. Treasury Secretary Henry Paulson has issued a warning about a potential...