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NYC Economy Surges Amid Rising Costs | New York City News
New York City’s economy is booming—adding 40,000 jobs in just six months, far outpacing forecasts. Wall Street’s surge is fueling growth, helping offset pain from tariffs, inflation, and skyrocketing rents. Mayor Mamdani’s budget is looking safer thanks to rising business taxes, and he’s set to name Anthony Shorris, a veteran economic strategist, to lead the Economic Development Corp—showing he’s listening to business leaders. But while the city’s financial outlook brightens, many residents still face crushing poverty and soaring costs. Listen in comfort:Get a discount on a Soli Pillow…
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