Wall Street should heed the signal from Mamdani’s mayoral race
The socialist running to be a New York mayoral candidate raises questions for financiers on issues such as tax
The socialist running to be a New York mayoral candidate raises questions for financiers on issues such as tax

Financiers plot to back a moderate after leftwing candidate clinches Democratic candidacy

Financiers extend olive branch to the city’s new leader after earlier scepticism

Progressive candidate Zohran Mamdani has shaken up New York’s mayoral race and the city’s elite wants to stop him

Few expected the 33-year-old’s victory in the mayoral primary

Despite fears about what a Mamdani mayoralty might mean, big business continues to invest in the city

The metropolis and the heartland provoke each other into extremes, as the New York mayoral race shows