New York City lost nearly 5,000 businesses early last year as employers closed their doors or left for other low-tax states, according to a new report. The analysis comes as newly elected Mayor Zohran Mamdani pushes to hike business taxes to foot the bill for his agenda.

American author EB White once quipped about this city of eight and a half million inhabitants: “New York provides not only a continuing excitation but also a spectacle that is continuing.” And while he may have said this nearly a century ago,

The administration of New York Mayor Zohran Mamdani sued food delivery app Motoclick on Thursday for allegedly stealing millions of dollars from its workers’ paychecks. The lawsuit, filed by New York City’s Department of Consumer and Worker Protection,

Mamdani campaigned on an ambitious agenda, including universal child care, a free bus system and freezing rent prices for certain rental units in the city.

New York Attorney General Letitia James' office said on Tuesday it reached a settlement with Betar US that would wind down the far-right Zionist group's New York operations after an investigation found the group intimidated pro-Palestinian activists.