MAY 28 — Business
NYC Economy in 2026: Jobs at a Record, Unemployment at 5.6%
NYS Labor data shows NYC private-sector jobs at a record 4.21 million in April with a 5.6% jobless rate, while NYC Tourism projects 66.3 million visitors in…
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Business
Finance, tech, retail, and the firms making New Yorks most expensive zip codes work.
MAY 27 — Business
NYC's OpenRouter Raises $113M, Doubling Valuation to $1.3B
New York-based AI infrastructure startup OpenRouter raised a $113 million Series B led by Alphabet's CapitalG, more than doubling its valuation to about $1.3…
MAY 26 — Business
NYC's Modal Labs Raises $355M Series C at $4.65B Valuation
New York-based AI infrastructure startup Modal Labs closed a $355 million Series C led by General Catalyst and Redpoint, valuing the serverless compute…
MAY 18 — Business
Wall Street Dealmaking Rebounds: Banking Fees Jump 27% in Q1 2026
Investment-banking fees rose an average 27% across six major U.S. banks in Q1 2026, with industry M&A revenue at a record $11.3 billion and JPMorgan topping…
MAY 12 — Business
Kalshi's $1B Raise Headlines a Resilient NYC Venture Spring
New York prediction-market startup Kalshi confirmed a $1 billion round led by Coatue at a $22 billion valuation — the marquee deal in a spring when NYC…
MAY 04 — Business
Manhattan Office Availability Falls to 15.1% as Class A Space Tightens
CBRE's Q1 2026 figures show Manhattan office availability down to 15.1%, leasing 14% above the five-year average, and prime Midtown vacancy at just 2.9%.
APR 22 — Business
American Express Posts Best Spending Growth in Three Years in Q1 2026
Lower Manhattan-based American Express reported Q1 2026 revenue of $18.9 billion, up 11%, with Card Member spending up 10% — its strongest quarterly growth…
APR 16 — Business
JPMorgan Posts Record $16.5B Quarterly Profit as Dimon Warns on Risks
Manhattan-based JPMorgan Chase reported first-quarter 2026 net income of $16.5 billion, up 13%, on record trading and stronger dealmaking — even as CEO Jamie…
APR 15 — Business
Morgan Stanley Posts Record $20.6B Quarter on Trading
Midtown-based Morgan Stanley reported record first-quarter 2026 net revenues of $20.6 billion and EPS of $3.43, powered by record equities trading and $118…
APR 14 — Business
Goldman Sachs Posts $5.6B Profit on Record Trading and Dealmaking
Lower Manhattan-based Goldman Sachs reported first-quarter 2026 net earnings of $5.63 billion, its second-highest revenue quarter on record, as volatile…
APR 02 — Business
NY Cannabis Sales Top $3.3B as NYC's Bottleneck Shifts to Real Estate
New York's legal cannabis market has crossed $3.3 billion in cumulative sales with 610 licensed dispensaries open, but in New York City the constraint on new…
MAR 23 — Business
Meta Opens Five-Story 'Meta Lab' Flagship on Fifth Avenue
Meta opened its first Manhattan flagship, a 15,000-square-foot Meta Lab store at 697 Fifth Avenue, on a 10-year lease with Vornado Realty Trust to showcase…
MAR 20 — Business
NYC Eyes 66.3M Visitors in 2026 as Hotel Rates Hit $334 a Night
New York City projects 66.3 million visitors in 2026 after tourism generated $84.7 billion in economic impact in 2025, with hotel occupancy and room rates…
MAR 10 — Business
Saks Global Closes 15 More Stores in Bankruptcy Restructuring
New York-headquartered Saks Global will shut 12 more Saks Fifth Avenue stores and 3 Neiman Marcus locations as it works through a Chapter 11 filing driven by…
FEB 02 — Business
IBM Posts 12% Revenue Growth as Mainframe and AI Drive Best Year in Decades
Armonk-based IBM reported Q4 2025 revenue of $19.69 billion, up 12% and ahead of forecasts, powered by its z17 mainframe and a generative-AI book now topping…
DEC 01 — Business
Omnicom Closes $13B Interpublic Deal
New York-based Omnicom completed its acquisition of crosstown rival Interpublic Group on November 26, 2025, creating the world's largest…