After nearly two years of escalating lawsuits accusing broker-dealers and asset managers of shortchanging clients on cash sweep interest, the legal momentum may be shifting back toward the firms. In ...

Another day, another reversal by Mayor Mamdani. This one was yesterday, “Day 48 of a new era,” when he backed down on his rash and dangerous policy from Jan. 5 (Day 5 of the new era) to stop all ...

Mayor Mamdani plans this week to reinstate homeless encampment sweeps — reversing a promise he made to end the practice. The about-face comes after Mamdani faced backlash for ending the sweeps days ...

Mayor Zohran Mamdani will place the Department of Homeless Services in charge of the sweeps, replacing the Police Department as leader of the interagency efforts. By Emma Goldberg and Jeffery C. Mays ...

New York City Mayor Zohran Mamdani (D) said sweeps of improvised homeless encampments in the city will restart, according to The Associated Press. Mamdani paused former Mayor Eric Adams’s previous ...

Mayor Zohran Mamdani is bringing back homeless encampment sweeps — reversing course on another promise following backlash for not getting people off the streets during the deadly cold snap, The Post ...

A U.S. District Court judge has dismissed many of the claims lodged against JPMorgan in a customer class-action lawsuit over interest paid in the firm’s cash sweep program, but a few survive. On ...

In the first three quarters of 2024, it cost the city $3.5 million to conduct homeless encampment sweeps across the city. City Councilmember Sandy Nurse says new data from the administration shows the ...

Mayor Zohran Mamdani conceded Wednesday that the Big Apple does need homeless encampment sweeps — but vowed that his administration will have “better outcomes” than his predecessor. Hizzoner, facing ...