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Wall Street scrambles as socialist Zohran Mamdani wins NYC mayoral primary
The upset—considered unthinkable just weeks ago—sent shockwaves through Midtown offices and downtown trading floors. Hedge fund managers, venture capitalists, and investment bankers are now confronting the possibility that a mayor hostile to their interests could soon be running the country’s financial capital, the Wall Street Journal reported.
Wall Street reels from Zohran Mamdani’s victory in New York mayoral primary
Panicked Wall Street financiers are racing to rally behind an “anyone-but-Mamdani” candidate for New York City mayor after 33-year-old democratic socialist Zohran Mamdani unexpectedly clinched the Democratic nomination on Tuesday.
Democratic Socialist Zohran Mamdani’s stunning primary win is rattling the financial industry that had backed Andrew Cuomo.
And Curtis Sliwa, founder of the Guardian Angels, is once again the Republican Party's nominee.But for now, Mamdani is ...
Wall Street is poised to receive a big gift courtesy of the Federal Reserve. The central bank unveiled plans to roll back an ...
U.S. stocks are hanging near their all-time high as financial markets catch a breath following two big days bolstered by ...
The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate.
Federal judge blocks Trump admin from withholding EV charging funds. Tesla market share shrinks in EU, registrations drop 40% ...
However, AMD has shown some remarkable strength lately, with the chip stock up 9.5% in the past 5 days following multiple ...
With changing supply chains, a growing fiscal deficit, and a crisis in the middle east, investors are starting to pile into ...
Trading on Wall Street is mixed early Wednesday as a fragile truce between Israel and Iran appeared to be holding and oil ...
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