Marketplace®

Daily business news and economic stories
Jul 26, 2016

Marketplace for Tuesday, July 26, 2016

Facebook has pledged to build 1,500 units for general public housing in response to major housing shortages in Silicon Valley; New York City’s Metropolitan Transit Authority announced plans to shut down the L train for 18 months to repair damage from Hurricane Sandy; and why New York City may be at risk of losing its title as the world’s financial capital.

Commuters board the L train.
Commuters board the L train.
DON EMMERT/AFP/Getty Images

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Facebook has pledged to build 1,500 units for general public housing in response to major housing shortages in Silicon Valley; New York City’s Metropolitan Transit Authority announced plans to shut down the L train for 18 months to repair damage from Hurricane Sandy; and why New York City may be at risk of losing its title as the world’s financial capital.

Marketplace for Tuesday, July 26, 2016