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Business & Economy

Business & Economy in New York

The local economy beyond Wall Street: the small businesses, the labor fights, the development money, and the policy that shapes where the work is. Who is hiring, who is leaving, and who pays for it.

Desks we analyze here: Crain's New York Business, City Limits, Bloomberg CityLab.

The coverage, newest first

2 stories
  1. June 26, 2026 NYC Rent Guidelines Board Freezes Rents on One- and Two-Year Leases Mamdani got his rent freeze. Now the landlords say they're getting their lawyers. 1/10 desks
  2. Saturday, June 20, 2026 City Council passes a $112 billion budget, restoring library cuts The Council clawed back the cuts the Mayor proposed, and the branch libraries stay open six days. 3/10 desks

Business & Economy, explained

The questions New Yorkers actually ask.

Is New York’s economy really just Wall Street?

No, and assuming it is misses most of the city. Finance is huge, but so are health care, the biggest private employer here, plus tech, tourism, small business, and a vast immigrant economy. We cover the money where it touches jobs and prices, not just the Dow.

Why does the cost of living here keep climbing?

Rent is the engine, but it compounds with everything from the price of a slice to childcare to the MTA fare. We track the specific costs and the policy behind them: who is raising prices, who is hiring, and who is getting quietly priced off the block.

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