A New York business leader is warning that New York City Mayor Zohran Mamdani’s proposed housing plan could drive developers and investors away from the city.

FOX Business’ Madison Alworth joined FOX Business’ Stuart Varney on “Varney & Co.” to report on Mamdani’s proposal to create 200,000 new affordable, rent-stabilized housing units and preserve another 200,000 over the next decade. The $22 billion plan would include $5.6 billion for the New York City Housing Authority and require wages of at least $40 per hour on affordable housing projects.

The proposal includes the possibility of the city taking legal action against negligent landlords and potentially transferring chronically neglected properties to nonprofits or community land trusts.

Real estate and business leaders say they support the mayor’s focus on expanding housing but remain concerned about provisions tied to the proposal, including wage mandates for affordable housing projects, according to Alworth.

TAX FIGHT HEATS UP AS NEW YORK TARGETS WEALTHY HOMEOWNERS

“Developers, the private investors, the people with capital, that they’re better off in other cities than the ones with huge amounts of regulation. And you’ve seen it. You’ve seen that all across the country,” Partnership for New York City President Steve Fulop said. 

“New York City has a big housing shortage. It has a big opportunity to grow as well. But you got to be careful with regulation and government overreach,” Fulop continued.

Rep. Nicole Malliotakis, R-N.Y., also joined FOX Business’ Stuart Varney to criticize the idea of the city taking a stronger role in property oversight, arguing that New York City has struggled to manage its own public housing stock.

“New York City is actually the biggest slumlord in the city of New York,” Malliotakis said. “We have 350,000 people living in New York City housing authority projects… When you look at these facilities, there’s mold… leaks… rodents… roaches, there are all sorts of problems, not to mention real serious dangerous crime issues as well.”

JAMIE DIMON TELLS NYC’S MAMDANI TO ‘GROW AND BUILD’ OR WATCH MORE JOBS FLEE

Malliotakis said the city should focus on improving existing public housing, cracking down on illegal conversions and encouraging more investment in housing stock, including housing for seniors and people with developmental disabilities.

“If he wants to encourage investment, he has to stop with these crazy regulations that make it impossible to be a homeowner or landlord or a property manager in this city,” Malliotakis said.

At the same time, one progressive housing advocate praised the proposal.

MAMDANI TAX BREAK PROPOSAL SPARKS FEARS AS BUSINESS LEADERS WARN OF ‘FRAGILE’ NYC ECONOMY

“Mayor Mamdani’s housing plan is what a progressive all-of-the-above housing plan looks like…,” Open New York Executive Director Annemarie Gray said in a statement to the New York Post.

Mamdani’s housing proposal takes center stage as New York City’s median asking rent has climbed above $3,600, according to data cited by FOX Business’ Madison Alworth.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Mumbai: The Nifty Midcap 100 index climbed for the fourth straight session and closed at a record high Wednesday amid tepid broader markets as investors rewarded companies that delivered a strong set of earnings and offered a promising growth outlook.

Analysts said that the momentum is expected to sustain with scope for 20% gains in the medium term.

The Nifty Midcap 100 index rose 0.4% to 62,558.85 on Wednesday while benchmark Nifty remained flat. In the past four sessions, the Nifty Midcap 100 index gained 2.1% while benchmark Nifty advanced 1.1% in the same period.

Adani Total Gas emerged as the top gainer on the index on Wednesday, surging over 13%, while Exide Industries and Swiggy jumped 7.6% and 6.6%, respectively. Tube Investments of India and Suzlon Energy rose over 5% each.

“Most of the stocks in the Nifty Midcap 100 index, such as BSE, Polycab and MCX, witnessed strong momentum, driven by the earnings visibility and growth outlook,” said Sunny Agrawal, head of fundamental research, SBI Securities.

Both midcap and smallcap stocks saw strong commitment recently as some companies were chased by retail and institutional investors, said Agrawal. Since the ceasefire between US and Iran was announced, the Nifty Midcap 100 jumped 10.1% while Nifty Smallcap 100 and Microcap 250 indices surged 18.1% and 13.2%, respectively.
“The earnings momentum in the midcap 100 stocks led the index to record highs; however, the smallcap 100 index is about 7% away from all-time highs,” said Ajit Mishra, SVP Research, Religare Broking. While large-caps bore the brunt of foreign selling, fund flows in mid and smallcaps remain favorable, he said.So far this year, the Nifty Midcap 100 index gained 3.4% while benchmark Nifty dropped 8.5% in the same period. The Nifty Smallcap 100 index advanced 3.2% in the same period.

About 60% of the stocks in the Nifty 100 index are trading above their long-term averages with most of them either at or close to fresh highs, as per Religare Broking. Investors are advised to focus on stocks and sectors with earnings potential and not narratives, said analysts. “Domestic facing themes like defence, power, and industrials got decent traction due to government outlay and could continue to see continued buying interest that could propel the index about 20% higher in the medium term,” said Mishra.

May 27, 2026, 7:27 PM ETWells Fargo & Company (WFC) Stock, WFC.PR.L Stock, WFC.PR.Y Stock, WFCNP Stock, WFC.PR.Z Stock, WFC.PR.A Stock, WFC.PR.C Stock, WFC.PR.D Stock, WFCS:CA Stock

Wine can feel a bit intimidating at first. There are so many bottles, styles, and opinions that it is easy to think you need expert knowledge to enjoy it properly.

The truth is much simpler. Good wine is about pleasure, sharing moments, and getting the best from what is in your glass. While fancy gadgets are not essential, a few clever wine tools can genuinely improve the experience. They help preserve flavour, serve wine at the right temperature, and make opening bottles far less frustrating.

Anyone who has shared a relaxed evening with friends over a bottle of Ruinart Champagne Blanc de Blancs knows that presentation and serving can change the mood completely. A poorly opened cork or warm sparkling wine can spoil the moment. On the other hand, using the right tools can make even an ordinary evening feel polished and enjoyable without much effort.

A Reliable Corkscrew

A proper corkscrew is probably the most important wine accessory you can own. Cheap openers often break corks or make opening a bottle awkward. A sturdy waiter’s friend corkscrew gives you better control and works on almost every bottle.

Many wine lovers prefer double-hinged corkscrews because they remove corks smoothly. They are compact, easy to carry, and last for years if looked after properly. It is one of those simple tools that quickly becomes indispensable.

Wine Aerator

Some wines need a little air before they show their best qualities. An aerator speeds up this process. Instead of waiting an hour for wine to breathe, you can pour it through the device and enjoy softer flavours almost immediately.

Young red wines especially benefit from this. Harsh tannins become smoother, and aromas open up nicely. While not every bottle requires aeration, it can make a noticeable difference with fuller reds.

Decanter

A decanter does more than just look elegant on the table. It separates wine from sediment and allows oxygen to soften stronger flavours. Older wines often contain sediment that settles at the bottom of the bottle over time.

Pouring wine carefully into a decanter creates a cleaner drinking experience. It also adds a touch of occasion to dinner parties or quiet evenings at home.

Wine Preservation Pump

Many people open a bottle and struggle to finish it in one night. That is where a wine preservation pump becomes useful. It removes excess air from the bottle and slows down oxidation.

This means your wine stays fresher for longer. Instead of tasting dull the next day, it can remain enjoyable for several evenings. It is especially handy for people who like a single glass after work rather than opening a fresh bottle every time.

Electric Wine Opener

Traditionalists may prefer manual corkscrews, but electric openers have their place. They are quick, effortless, and very convenient for gatherings.

People with weak grip strength or arthritis often find them particularly helpful. With one press of a button, the cork comes out cleanly. It removes the struggle and keeps things simple.

Wine Thermometer

Temperature has a huge effect on taste. White wine served too cold can lose flavour, while red wine served too warm may taste heavy and unbalanced.

A wine thermometer helps you serve bottles at their ideal temperature. Even a few degrees can change the drinking experience. Once people start paying attention to this detail, they often notice a major improvement straight away.

Champagne Stopper

Sparkling wine loses its bubbles surprisingly fast once opened. A proper Champagne stopper helps keep the fizz alive for another day.

Unlike ordinary wine stoppers, these are designed to handle pressure safely. They seal tightly and maintain freshness much better than makeshift methods like spoons or cling film.

Drip Ring or Pourer

Pouring wine neatly sounds easy until red wine runs down the side of the bottle and stains the tablecloth. A drip ring or pourer prevents this problem.

It is a small and inexpensive accessory, yet it makes serving cleaner and more elegant. Guests notice the difference, even if they do not mention it directly.

Wine Fridge

Serious collectors often invest in wine fridges because regular kitchen fridges are too cold and dry for long-term storage. A wine fridge keeps bottles at stable temperatures and proper humidity levels.

Even for casual wine drinkers, a compact wine fridge can be useful. It ensures white wines, rosés, and sparkling wines are always ready to serve.

Proper Wine Glasses

Good glasses genuinely matter more than many people realise. Shape affects how aromas reach your nose and how wine flows onto your palate.

You do not need dozens of different styles, but having a few well-made glasses improves the overall experience. Thin rims and balanced shapes make wine feel smoother and more refined.

Why These Tools Matter

Wine tools are not about showing off. The best ones solve real problems and help you enjoy wine with less hassle. They improve flavour, maintain freshness, and create a smoother serving experience.

At the same time, it is important not to overcomplicate things. Wine should still feel relaxed and enjoyable. A few carefully chosen accessories are far better than drawers full of gimmicks that never get used.

Many wine enthusiasts slowly build their collection of tools over time. They discover what works best for their lifestyle and drinking habits. Whether it is a dependable corkscrew or a quality decanter, the right item can make ordinary evenings feel more special.

If you are exploring premium wines and useful accessories, retailers such as Millesima are often a good place to discover both classic bottles and practical wine essentials.

The first few weeks of working with a new marketing agency set the tone for everything that follows. Get the onboarding right, and both sides hit the ground running with shared expectations. Get it wrong, and the relationship starts with confusion, misaligned goals, and early friction that can compound over time.

Yet for something so consequential, onboarding is sometimes treated as an afterthought. Many agencies jump straight into execution without laying the foundation, and many clients let them, eager to see results as quickly as possible. That urgency is understandable. But skipping the building blocks almost always costs more time than it saves.

Why Onboarding Matters

A common misconception is that onboarding is just admin. Signing contracts, exchanging logins, and scheduling a kickoff call. Those things are part of it, sure. But genuine onboarding goes far deeper.

It’s the process through which an agency learns how a business operates. Not just what products or services it offers, but how decisions get made internally, what the brand sounds like when it’s at its best, where previous marketing efforts have failed, and what success might look like. Without that understanding, even a technically skilled agency is working with one hand tied behind its back.

From the client’s side, onboarding is also the first real test of how the agency functions. Are they organised? Do they ask thoughtful questions? Do they listen? The quality of an agency’s onboarding process reveals more about its capabilities than any pitch deck ever could.

The Discovery Phase

Strong onboarding begins with discovery, and discovery should feel more like a conversation than an interrogation. The best agencies approach this phase with genuine curiosity. They want to understand the competitive landscape, the customer journey, the internal politics that might affect campaign approvals, and the historical context behind past marketing decisions.

This is where specificity matters. Good agencies tailor their discovery around the client’s industry and business model. They’ll ask a SaaS company different questions than they’d ask an eCommerce brand, because the marketing challenges are fundamentally different.

One often overlooked element of discovery is understanding what hasn’t worked before. Clients carry baggage from previous agency relationships, failed campaigns, and internal initiatives that never gained traction. Surfacing those experiences early helps an agency avoid repeating mistakes and builds trust by showing they care about context, not just deliverables.

Setting Expectations

This is where many agency relationships quietly start to unravel. Expectations around timelines, communication, reporting, and results get discussed loosely in a kickoff meeting and then never revisited until someone is disappointed.

A well-structured onboarding process puts these conversations front and centre. How often will the agency report on progress? What does the approval workflow look like? Who on the client’s side has final sign-off, and how quickly can they turn things around? These aren’t glamorous questions, but they prevent the kind of low-grade frustration that erodes relationships over the course of months.

A reputable Digital Marketing Agency in London will formalise these expectations in a shared document during the first week. It doesn’t need to be elaborate. A simple one-page overview covering communication cadence, key contacts, deliverable timelines, and escalation processes gives both sides something concrete to refer back to when things inevitably get busy.

Access, Tools, and the Boring Stuff

There’s a practical side to onboarding that’s easy to underestimate. Agencies need access to analytics platforms, ad accounts, CMS systems, brand guidelines, previous campaign assets, and often CRM data. Getting all of that sorted in the first week prevents killing early momentum.

The best agencies send a detailed access checklist before the first meeting. They know from experience that chasing logins and permissions can chew through days if it’s not handled proactively. Some will even assign a dedicated onboarding contact whose sole job during that first fortnight is making sure everything runs smoothly.

On the client side, there’s a responsibility here too. Agencies can only move as fast as the information they’re given. If brand guidelines live in someone’s inbox from 2019 and nobody can find the Google Analytics login, that’s not an agency problem. Clients who prepare for onboarding with the same diligence they expect from their agency tend to get better results, faster.

What Separates Good Onboarding from Great Onboarding

It’s incredibly simple and can be summarised as such: Good onboarding is thorough and professional. Great onboarding makes the client feel like the agency genuinely cares about their business, not just their budget.