Democrat Zohran Mamdani has been elected mayor of New York City, defeating fellow Democrat Andrew Cuomo and Republican candidate Curtis Sliwa in a closely watched three-way race. Mamdani, a state assembly member representing Queens, secured a decisive victory built on promises of affordable housing, labor rights and expanded social programs.

By Lewis Krauskopf, Davide Barbuscia and Laura Matthews NEW YORK (Reuters) -Wall Street was on edge heading into the New York City mayoral election on Tuesday, with a potential victory for Zohran Mamdani set to reverberate through the heart of global capitalism,

After decisive victory in the hard-fought mayoral race, billionaire investor Bill Ackman and other members of New York's wealthy elite are offering their support.

Despite his famous parents, NYC Mayor Zohran Mamdani’s net worth is surprisingly low. See his full financial disclosure, Uganda land value, and $142K salary.

Major financial services firms such as Goldman Sachs, JPMorgan Chase, and Wells Fargo have expanded operations in Dallas, Texas, where the firms have thousands of workers.

New York is gearing up for a mayoral election Tuesday that could put a socialist in charge of the nation’s largest city. The front-runner, democratic socialist Zohran Mamdani, has galvanized young voters and unsettled Wall Street with proposals to make ...

The city Board of Elections said in 2025, 735,317 people had checked in at poll sites early to vote for a new mayor.