New York City Mayor Zohran Mamdani just faced his administration’s first big test in the municipal-bond market amid growing concerns about the city’s finances.

Basketball teams’ financial health is more important than ever as schools can now pay their student-athletes. 

Colgate-Palmolive Co. posted stronger-than-expected sales growth in the fourth quarter thanks to a rebound in Latin America after it reformulated a new toothpaste flavor following adverse reactions in the region.