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January 30, 2026January 30, 2026

Wall Street bonanza won’t save NYC’s finances, Mamdani warns

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Wall Street’s booming year will not be enough to stave off a financial crisis that Mayor Zohran Mamdani says is worse than the Great Recession nearly two decades ago.

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Wall Street’s decline intensifies as tech trade sell-off deepens; Warsh picked as new Fed chair
Trump nominates Warsh as next Fed chair. Why are stocks lower?
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