Economics

May 12 NYC Mayor Zohran Mamdani announces that he has officially balanced the NYC budget, reducing a $12 billion budget deficit to 0, and confirms that property taxes will not be raised.

May 12 Could there be a point, where we have to start rationing oil, like in the 70s (in the U.S.)?

May 12 US mayor Eileen Wang admits acting as Chinese spy, running fake news website with ex-lover

May 12 As the US birth rate shrinks, so too does the number of colleges and universities in the country, which has crashed to its lowest count in many decades. Also a factor is the cost of higher education, which has skyrocketed beyond overall inflation in recent decades, souring some potential students.