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Portal:New York City

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The New York City Portal

Wall Street, New York City
Wall Street, New York City

New York City (NYC), often simply called New York, is the most populous city in the United States. With an estimated 2019 population of 8,336,817 distributed over about 302.6 square miles (784 km2), New York City is also the most densely populated major city in the United States. Located at the southern tip of the State of New York, the city is the center of the New York metropolitan area, the largest metropolitan area in the world by urban area. With almost 20 million people in its metropolitan statistical area and approximately 23 million in its combined statistical area, it is one of the world's most populous megacities. New York City has been described as the cultural, financial, and media capital of the world, significantly influencing commerce, entertainment, research, technology, education, politics, tourism, art, fashion, and sports, and is the most photographed city in the world. Home to the headquarters of the United Nations, New York is an important center for international diplomacy, and has sometimes been called the capital of the world.

Situated on one of the world's largest natural harbors, New York City is composed of five boroughs, each of which is a county of the State of New York. The five boroughs— Brooklyn, Queens, Manhattan, the Bronx, and Staten Island—were created when local governments were consolidated into a single city in 1898. The city and its metropolitan area constitute the premier gateway for legal immigration to the United States. As many as 800 languages are spoken in New York, making it the most linguistically diverse city in the world. New York is home to more than 3.2 million residents born outside the United States, the largest foreign-born population of any city in the world as of 2016. , the New York metropolitan area is estimated to produce a gross metropolitan product ( GMP) of $2.0 trillion. If the New York metropolitan area were a sovereign state, it would have the eighth-largest economy in the world. New York is home to the highest number of billionaires of any city in the world.

New York City traces its origins to a trading post founded on the southern tip of Manhattan Island by Dutch colonists in 1624. The settlement was named New Amsterdam ( Dutch: Nieuw Amsterdam) in 1626 and was chartered as a city in 1653. The city came under English control in 1664 and was renamed New York after King Charles II of England granted the lands to his brother, the Duke of York. The city was regained by the Dutch in July 1673 and was renamed New Orange for one year and three months; the city has been continuously named New York since November 1674. New York City was the capital of the United States from 1785 until 1790, and has been the largest U.S. city since 1790. The Statue of Liberty greeted millions of immigrants as they came to the U.S. by ship in the late 19th and early 20th centuries, and is a symbol of the U.S. and its ideals of liberty and peace. In the 21st century, New York has emerged as a global node of creativity, entrepreneurship, and environmental sustainability, and as a symbol of freedom and cultural diversity. In 2019, New York was voted the greatest city in the world per a survey of over 30,000 people from 48 cities worldwide, citing its cultural diversity. ( Full article...)

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"He was a tall slight man, with a stoop, quick in his movements...his mobility of expression was so extreme that the very shape of his features actually changed with his emotions."
Jacob Little (March 17, 1794 – March 28, 1865) was an early 19th-century Wall Street investor and the first and one of the greatest speculators in the history of the stock market, known at the time as the "Great Bear of Wall Street". Little was born in Newburyport, Massachusetts, and moved to New York City in 1817, first clerking for Jacob Barker; he then opened his own establishment in 1822, and finally his own brokerage in 1834. A market pessimist, Little made his wealth "bearing stocks", at turns short selling various companies and at others cornering markets to extract profits from other short sellers. Through his great financial foresight Little amassed an enormous fortune, becoming one of the richest men in America and one of the leading financiers on Wall Street in the 1830s and 1840s, but his speculative activities irritated his peers and earned him few admirers. Little lost and remade his legendary fortune multiple times before losing it for good in 1857; although a great many owed him enormous debts, he was a generous creditor and never collected them, and at his deathbed in 1865 Little was penniless. Although well-known on the stock market in his time, he was quickly forgotten after his death, and today has been relegated to relative obscurity. ( Full article...)

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8 June 2021 –
A 1933 U.S. double eagle gold coin once owned by King Farouk of Egypt is sold at auction in New York City for US$18.9 million, becoming the most expensive coin ever sold. (BBC News)
25 May 2021 – 2020–2021 United States racial unrest
George Floyd protests in New York City
New York City Mayoral candidate Shaun Donovan is arrested during a protest near the Holland Tunnel. (New York Daily News)
25 May 2021 – Legal affairs of Donald Trump
Manhattan District Attorney Cyrus Vance Jr. says that he has convened a grand jury in his criminal investigation into former U.S. President Donald Trump over his real estate business, as well as the Trump Organization. (CNBC)

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