Billionaires Unleash $15M+ Onslaught Against Zohran Mamdani's Surging NYC Mayor Campaign

Michael Nierenberg, the CEO of Rithm Capital, has expressed concerns regarding the policies of NYC mayoral frontrunner Zohran Mamdani. Despite these worries, Nierenberg remains confident in Rithm's office space portfolio, indicating that the company's stability is not dependent on the outcome of the mayoral race. This situation highlights the ongoing uncertainties in the New York City commercial real estate market as it navigates potential shifts in leadership.

A recent deepfake video featuring a fabricated portrayal of Zohran Mamdani has emerged, showing him dancing amidst chaos in New York. This troubling trend of deepfakes in the New York mayoral race raises significant concerns about misinformation and its potential impact on public perception and trust in political candidates.

As concerns rise among investors regarding the potential impact of mayoral frontrunner Zohran Mamdani on New York City's finances, money managers are advising calm. This situation is significant as it reflects the anxiety surrounding political changes and their implications for the city's economic stability.

Billie Eilish made headlines at the WSJ Awards by challenging billionaires to reconsider their wealth, asking, 'Why are you a billionaire? Give it away.' Her bold statement resonates in today's climate where wealth inequality is a pressing issue. Eilish's call to action encourages a conversation about philanthropy and social responsibility, inspiring others to think about how they can contribute to society.

Hologic's Q3 2025 results show modest growth, reflecting a mixed performance across its various segments. This is significant as it highlights the company's ability to maintain stability in a fluctuating market, which could impact investor confidence and future strategies.

Nigeria's Dangote refinery has announced that its fuel production now surpasses local demand, which is a significant milestone for the country's energy sector. This development not only highlights the refinery's capacity but also supports Nigeria's proposal to impose a 15% import duty on refined products, aiming to boost local production and reduce dependency on imports. This move could strengthen the economy and create more jobs in the long run.

BYD, a leading electric vehicle manufacturer, reported a 12% decline in vehicle sales for October compared to the same month last year. This drop raises concerns about the company's market performance and the overall demand for electric vehicles in China, a key market for the industry. As competition intensifies and consumer preferences shift, this decline could signal challenges ahead for BYD and its growth strategy.

Despite the complexities of international trade agreements, a source has confirmed that Russia's non-GMO soybean exports to China remain secure. This is significant as it highlights the resilience of agricultural trade between these two nations, even amidst the backdrop of the Trump-Xi trade deal discussions. It suggests that Russia's agricultural sector is well-positioned to meet China's demand, which could lead to strengthened economic ties.

Hologic's Q3 2025 earnings call revealed stable growth, highlighting the company's resilience in a challenging market. This positive performance is significant as it reflects Hologic's ability to adapt and thrive, which could inspire confidence among investors and stakeholders.

China's recent indication of easing the export ban on Nexperia, a Netherlands-based semiconductor manufacturer, is a significant development for the global auto industry. This move could help stabilize supply chains that have been under threat due to ongoing disputes, ensuring that automakers can access the chips they need to meet production demands. As the automotive sector increasingly relies on advanced semiconductor technology, this easing of restrictions is a positive sign for manufacturers and consumers alike.