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Wall Street boom

Coverage of Wall Street boom in the Nexus archive.

Earliest in view: Jun 30 · 18:37 UTCMost recent: Jun 30 · 18:37 UTC
Co-mentioned in this coverage
Zohran Mamdaniperson1Mark Levineperson1Citizens Budget Commissionorganization1Andrew Reinperson1Julie Meninperson1housing voucher programtopic1pension paymentstopic1
Recent coverage
  • POLITICSJun 30 · 18:37 UTCTHE CITY NYC
    ‘Groundhog Day’ for Mamdani’s Big Budget One-Shots

    Mayor Zohran Mamdani's $125.8 billion budget for fiscal year 2027 addresses a $12 billion gap using $8 billion in one-time funds and pension payment delays, but critics warn it creates a projected $7 billion deficit by 2028. Fiscal experts like Comptroller Mark Levine and the Citizens Budget Commission argue the measures shift costs to future taxpayers and fail to resolve structural challenges, while Mamdani claims democratic socialists can outperform capitalist economic management.