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Here's how wealthy New Yorkers could be impacted by Zohran Mamdani's policies
CNBC Television· 2025-07-16 15:46
Market Trends & Potential Risks - Zoran Mandani's primary win in New York City's mayoral race has sparked wealth panic, with some business owners and developers threatening to leave if he becomes mayor [1] - Florida real estate brokers have seen a surge of interest from wealthy New Yorkers after Mandani's primary win [2] - Developers are freezing projects in New York, and business owners are considering shutting down or leaving the city if taxes increase [2] - Governor Hokll stated that he doesn't want to lose any more people to Palm Beach, indicating resistance to raising city income taxes [4] - Safety concerns, particularly regarding the NYPD and proposed changes to policing strategies, are a significant factor influencing decisions to stay or leave New York City [6][7][8] Financial & Economic Impact - Mandani proposes adding a 2% income tax on New Yorkers making $1 million or more a year [2] - This would bring the top combined city and state income tax rate to 168% and the combined federal, state, and city rate to 538% for top earners in New York City [3] - Despite concerns, 72 contracts were signed for properties priced at $4 million or more since Mumani's election, up 13% from last year [5] - New York's millionaire population has doubled over the past decade, with over 33000 people worth $30 million or more [5] Political Landscape - The mayor's power is limited due to the influence of the governor, especially regarding taxes, safety, and sanitation [11] - Zoran Mandani is perceived as a better candidate than expected and is seen as engaged in listening to concerns [10]
Flight makes emergency landing on remote island in the Atlantic Ocean
NBC News· 2025-07-11 01:30
Flight Disruption - Delta flight 127, an Airbus A330 from Madrid to New York JFK, experienced an engine problem approximately 33% into the flight over the Atlantic [1] - The engine issue forced an emergency landing at an Air Force base in the Azores, Portugal [1] - The unexpected detour lasted 29 hours [2] Customer Experience - Passengers experienced a 24-hour period without their luggage [2] - Delta provided meals and hotels, but some passengers booked accommodations independently [2] - Some passengers felt abandoned due to the handling of the situation [2] - Some passengers were not offered accommodations or assistance with food [3] Operational Response - A replacement aircraft was dispatched to fly passengers to JFK more than a day later [3] - Delta stated that safety is the top priority [3]
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-07-04 22:37
Safety - Tesla vehicles are the safest [1] - Tesla vehicles will protect in insane circumstances [1]
5-year-old and grandmother rescued after being swept out to sea off Italy coast
NBC News· 2025-07-03 02:15
Take a look at this. The Italian Coast Guard rescuing a little boy, 5 years old, after a lot of wind dragged his floaty, the thing, his little like raft floaty situation, two miles off the beach. His grandmother also had to be rescued.She dove in to try to help him. Amazingly, joyfully, both of them are doing just fine now. But the Coast Guard is reminding people if it's really windy, don't use those kinds of floats. ...