News

A former hot dog mogul and the current owner of a celebrity-favorite restaurant in Manhattan is facing foreclosure at his luxury pad in Trump Tower, records show.Thomas Makkos, who owns the Italian hotspot Nello, is allegedly in default on a $1.5 million mortgage tied to the one-bedroom condo on one of the top floors of […]

Zohran Mamdani and Andrew Cuomo have little in common in their bids for mayor. But the ex-governor and socialist lawmaker, who are polling first and second in the June 24 Democratic primary, would face a similar challenge should either of them get elected: getting their agendas through Albany.For Mamdani, the difficulty lies in the sheer […]

The Federal Reserve’s decision to pencil in two rate cuts by the end of 2025 kept stocks higher, with sentiment also buoyed by hopes that the Middle East conflict would de-escalate. Bond yields retreated.Equities briefly extended gains after the Fed decision, with the S&P 500 topping 6,000. Treasury yields dropped across the curve. The dollar […]

Alphabet Inc.’s Waymo has applied for a permit to test its robotaxis in New York City, underscoring its intent to operate in one of the largest ride-hailing markets in the US despite an absence of local regulations supporting commercially operated autonomous vehicles.The company has applied for a permit with the city’s Department of Transportation to […]