Cabot Phillips: Billionaire Stephen Ross says New York is losing its high earners. He cites crime, taxes and what he calls ease of living as reasons for the exodus. Phillips: Broadway shows are tanking, restaurants are closing,. remote work and the internet age make being physically in New York less necessary to both businesses and employees.
A new report from the CDC shows an increasing number of teenage girls have considered suicide, Inflation slows slightly but still takes a tool on the consumer, and NYC’s Wealthiest are being driven out of the city by crime and high taxes. Get the facts first with Morning Wire.
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