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Wall Street was on edge heading into the New York City mayoral election on Tuesday, with a potential victory for Zohran Mamdani set to reverberate through the heart of global capitalism, where financiers worry about the city’s lasting competitiveness and appeal. Investors also are watching the results of governors’ races in New Jersey and Virginia…
Last Updated:November 05, 2025, 03:10 IST More than 1.4mn ballots have already been cast in the high-stakes contest between Mamdani and Cuomo. US news outlets are expected to call the race only after 10 pm (local time). Advertisements by the American company Polymarket predict a victory for Zohran Mamdani in the New York City mayoral…
New York City mayoral candidate Zohran Mamdani responded on Monday after Andrew Cuomo announced he would remain in the mayoral race despite being decisively defeated in the Democratic primary. Mamdani spokesperson Jeffrey Lerner told The New York Times in a statement: “While Andrew Cuomo and Eric Adams are tripping over themselves to cut backroom deals…