Zohran Mamdani, a democratic socialist, is a leading candidate for mayor of New York. He wants to tax the rich. Business interests are panicking.

The comments came in a closed-door meeting with an influential business consortium, the New York Times reported.

The idea has generated buzz since Zohran Mamdani won the New York City Democratic mayoral primary, but there are few successful examples to draw from, experts say.

Self-declared democratic socialist mayoral hopeful answers questions from corporate leaders at a private meeting

Among the many buzzy campaign promises that helped Zohran Mamdani clinch the Democratic mayoral primary last month, one has spawned both confusion and heated debate: municipal-owned grocery stores, which he says guarantee cheaper prices,

During a Cabinet meeting, President Donald Trump threatened a federal takeover of New York if Zohran Mamdani wins the city's mayoral race.

President Donald Trump claimed he will use presidential powers to stop democratic mayoral candidate Zohran Mamdani from "destroying" New York City.

Zohran Mamdani urges urgent infrastructure upgrades for New York City following flash floods and heavy rains that disrupted transport.

Fresh off losing New York’s Democratic primary for mayor to Zohran Mamdani, former Gov. Andrew Cuomo on Monday ramped up his efforts to push the incumbent mayor, Eric Adams, out of the race.

Andrew Cuomo relaunched his failed mayoral campaign with an attack on billionaires that conceded socialist rival Zohran Mamdani has a point when it comes to New York’s mega-rich. Cuomo, in an interview with New York Magazine published Tuesday,