May 31, 2025 - 04:55

In a significant move ahead of the upcoming Democratic mayoral primary, New York City’s Campaign Finance Board has withheld $1.3 million in matching funds from frontrunner Andrew Cuomo. This decision marks a pivotal moment in the race, as the board simultaneously awarded $2.4 million in public financing to his opponent, Adrienne Adams.
Adams, who serves as the City Council's speaker, is positioning herself as a moderate Democrat with considerable appeal among voters. The infusion of funds comes at a crucial time, allowing her campaign to ramp up efforts and outreach as the primary election approaches.
Cuomo's funding setback raises questions about his campaign strategy and potential voter support as he faces increased scrutiny. With the election just weeks away, both candidates will need to mobilize their resources effectively to secure a win in what promises to be a closely contested race. The financial dynamics introduced by the Campaign Finance Board could significantly influence the outcome of the election.
February 20, 2026 - 18:06
'Your Rich BFF' Vivian Tu shares her favorite personal finance tipsNEW YORK (AP) — Are you intimidated by personal finance? Vivian Tu wants to help. The former Wall Street trader, widely known as `Your Rich BFF,` breaks down complex financial concepts into...
February 20, 2026 - 07:40
LPL Financial announces layoffs at San Diego officeLPL Financial, a major independent broker-dealer, has confirmed a reduction in its workforce at its San Diego headquarters. The company filed a notice with California’s Employment Development...
February 19, 2026 - 21:30
Amazon: Financial Risks Dominate (Rating Downgrade)Amazon`s stock has underperformed both the broader technology sector and the surging artificial intelligence market year-to-date, prompting increased analyst scrutiny. The focus has shifted...
February 19, 2026 - 11:47
ASX Penny Stocks To Watch: Centrepoint Alliance And 2 More Hidden OpportunitiesAs major indices respond to global optimism, a closer look at the Australian Securities Exchange reveals potential beyond the blue chips. While the term `penny stocks` may evoke caution, a...