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Zohran Mamdani's unexpected rise in the New York mayoral race is causing unease on Wall Street, with concerns about increased taxes and potential exodus of wealthy residents. His populist policies and social media savvy have garnered significant support, contrasting with establishment backing for his opponent. The election's outcome could significantly impact the city's financial landscape and future.

Zohran Mamdani's unexpected rise in the New York mayoral race is causing unease on Wall Street, with concerns about increased taxes and potential exodus of wealthy residents. His populist policies and social media savvy have garnered significant support, contrasting with establishment backing for his opponent. The election's outcome could significantly impact the city's financial landscape and future.


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