Assistive TechnologyEnergy Policy

NYC Mayoral Candidate Argues Affordability Key to Luring Tech Sector Growth

Democratic mayoral frontrunner Zohran Mamdani emphasized housing affordability as the primary draw for tech companies during Thursday’s debate. The candidate’s position comes despite his platform including significant corporate tax hikes aimed at funding public services.

Affordability Over Tax Incentives in NYC Tech Recruitment

Assemblyman Zohran Mamdani, the Democratic frontrunner in the New York City mayoral race, reportedly argued during Thursday’s debate that affordability rather than tax concessions would ultimately attract technology companies to the city. According to reports, Mamdani suggested that tech CEOs would choose to establish operations in New York if potential employees could afford to live there.

AI ImpactBusiness

Uber Expands Gig Economy with AI Data Labeling Tasks for Drivers During Downtime

Uber is piloting a new program that allows drivers to complete AI training tasks during downtime. The initiative includes data labeling work such as uploading photos and recording voice samples, providing additional income streams beyond ride-hailing services.

Uber Diversifies Driver Earnings with AI Task Platform

Uber Technologies Inc. is reportedly expanding its ridesharing company services to include artificial intelligence data labeling tasks for drivers during non-driving hours, according to company announcements made at their Only on Uber 2025 conference. The new initiative will allow drivers to complete small online jobs through Uber’s app when they’re not transporting passengers or delivering food.

BusinessEarnings

Big Bank Earnings Beat Expectations as JPMorgan, Goldman Sachs Lead Strong Quarter

Major financial institutions including JPMorgan Chase and Goldman Sachs exceeded analyst expectations for the third quarter. JPMorgan reported nearly $9 billion in record trading revenue, signaling strong market performance across the banking sector.

Big bank earnings kicked off the new season with impressive results as JPMorgan Chase reported record trading revenue and Goldman Sachs exceeded expectations, according to recent analysis of quarterly financial performance across major financial institutions.

JPMorgan Chase Leads Banking Sector Performance