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Stakeholders can’t agree on how to solve New York City’s housing crisis. © New York Times

NEW YORK CITY — In the shadow of gleaming skyscrapers that symbolize American capitalism’s triumph, a quiet revolution is brewing—and it’s not the kind Wall Street cheers. New Yorkers, squeezed by median rents hovering at $3,400 against household incomes barely…

Supplemental Nutritional Assistance Program (SNAP) signage at a grocery store in Dorchester, Massachusetts. © Mel Musto/Bloomberg via Getty

In a sharp rebuke to the Trump administration’s handling of the ongoing government shutdown, a federal judge in Rhode Island ruled Thursday that the U.S. Department of Agriculture must fully fund Supplemental Nutrition Assistance Program (SNAP) benefits for November, ensuring…

The US Congress scrambled Thursday to approve temporary funding to thwart a partial government shutdown. © AFP

WASHINGTON—Senate Majority Leader John Thune (R., S.D.) told Senate Republicans Thursday that they should expect to vote on a new proposal Friday aiming to end the government shutdown, according to people familiar with the plan, in an attempt by GOP leaders to…

Democrats Score Three Big Election Victories, Undermining Trump’s Coalition. © Mike Heldberg/The New York Budgets

In a stinging rebuke to the early momentum of President Donald J. Trump’s second term, Democrats notched three high-profile victories on Election Night, sweeping gubernatorial races in New Jersey and Virginia while handing the reins of New York City to…

New York City Mayoral candidate Zohran Mamdani speaks during an election night event at the Brooklyn Paramount Theater in New York. © John Taggart/NBC News

In a stinging defeat for the city’s financial titans, democratic socialist Zohran Mamdani swept to victory in Tuesday’s mayoral election, capping a bruising campaign where Wall Street poured tens of millions into efforts to derail his progressive insurgency. Led by…

Politics