Zohran Mamdani's primary win in New York City's mayoral race and proposal to raise taxes on millionaires have touched off fears of a new wave of wealth flight.
In an industry that's long been run by storied Hollywood executives, those with backgrounds in finance and dealmaking are increasingly reshaping the landscape.
Trading desks across Wall Street have benefited as President Donald Trump's tariff policies have roiled markets for bonds, currencies, commodities and stocks.
General Motors will produce the Cadillac Escalade at an assembly plant in Michigan, and expand the Chevrolet Silverado and GMC Sierra light duty pickups.