Queens Night Market is officially open for the season. Modeled after traditional Taiwanese night markets that founder John Wang experienced growing up, the market showcases the borough it calls home and the diversity it's known for.
"Our mission is to curate traditional foods that might be hard to find in New York City. And in order to sort of pass the rigorous application process, you have to have grown up eating what you're selling," Wang told Cheddar.
At Queens Night Market, which has vendors representing dozens of countries every weekend, diversity is about much more than ethnic background. That's why the market prides itself on keeping prices low in spite of surging inflation. At just $5 to $6 per item, Wang hopes the market remains accessible to people from different socioeconomic backgrounds.
For vendors, the price caps sting. But many say participating in the Queens Night Market is about much more than profit.
"It's been really, really challenging. But hey, you know, as long as our audience is coming back [and] they're loving it, we're happy to serve," Yeen Tham of Lion City Coffee said.
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Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
Aurimas Sabulis, CEO of Dextall, unveils how AI‑driven prefabricated façades slash design time by 80%, labor by 87%, and accelerate affordable housing delivery.
