Michael Bloomberg, Mayor | featured news

New York City Mayor Michael Bloomberg, one of the richest men in America, says his views are too polarizing for him to become president of the United States.

New York Mayor Michael Bloomberg has spent more of his own money in pursuit of public office than any other individual in U.S. history, spending $85 million as of Friday on his latest reelection campaign, the New York Times reported on Saturday.

Mayor Bloomberg's bare-bones budget for next year slashes the city work force by 23,000 but won't hit homeowners with higher taxes, officials revealed Thursday.

The New York City Council had the legal right to extend term limits for itself and Mayor Michael Bloomberg, a federal judge ruled on Tuesday, clearing an obstacle for Mayor Michael Bloomberg to seek a third term.