New York is the biggest town of the USA.
It's the second largest town of the world, after Tokyo.
It has the biggest financial center of the world.
The New York stock exchange on wall street is the biggest stock exchange of the world.
But there are also many other stock exchanges, for example NASDAQ.
Financial, insurance, health care, and real estate industries form the basis of New York's economy.
Plus, it is the most important center for mass media, journalism and publishing in the USA and it is the preeminent arts center in the country.
New York is the home of the United Nations.
It is also called "Big Apple".
New York was founded in 1624.
The major of New York city is Michael Bloomberg since 2002.