Capitalism

Democratic socialist emerges as “serious contender” in NYC mayor race

Zohran Mamdani, a democratic socialist assemblyman from Queens, is surging in New York City’s mayoral race, according to new poll. The survey, conducted for Tusk Strategies, shows Mamdani in second place with 12% support among likely Democratic voters—surpassing incumbent Mayor Eric Adams, who trails with 10%. Ex-Gov. Andrew Cuomo dominates with 38% as he eyes

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How Bezos-Backed Arrived Homes Could Impact U.S. Housing Affordability

In an unprecedented move, Jeff Bezos, the founder of Amazon, has set his sights on the U.S. housing market through a significant investment in Arrived Homes, a company that’s buying up $500 million worth of single-family homes nationwide to rent out. This strategy could revolutionize real estate investment but also raises concerns about its impact

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