The USA’s biggest city continues to make its mark in all manner of industries, and if you happen to work in one of those industries there’s a high chance you and your colleagues will find yourselves Big Apple bound at some point. Look up Caxton FX to ensure that your business is prepared for such transatlantic travels with a suitable business travel money service.
In 2014 Global Language Monitor ranked New York as the world’s fashion capital, beating Paris, London and Milan. The thing about New York is that it carries off fashion with a kind of effortless coolness – the fashion is just there, not as in your face and extravagant as Paris and Milan, no harking back to 1960s Carnaby Street. From DKNY to Sean John, the city has produced some of the most iconic modern brands in fashion and shows no sign of slowing down.
Silicon Valley in California continues to rule the roost in terms of the technology industry, but cities across the world are desperate to steal the crown and hottest on the valley’s heels is New York. The city is home to an increasing number of tech companies, startups and venture capitalists, as well as significant outposts for west coast based companies – all building up a sizeable tech community that might be giving some in San Jose sleepless nights. Kickstarter and Foursquare are among the companies that call New York their hometown, while pretty much every major player – including Facebook, Google and LinkedIn – has offices there.
As well as seeing its place on the fashion capital list slide in 2014, London was also shunted from its top spot as the world’s financial capital by New York. This list came in the form of the Global Financial Centres Index, and The Independent newspaper suggested that the UK capital may have been weakened by a wave of banking and market scandals coupled with uncertainty over Scottish independence and EU membership – none of these issues are small and likely to disappear overnight, so Manhattan could find itself in the top spot for a while yet. And it would be unfair to pin New York’s fortunes on another city’s failures – it’s home to some of the biggest names in finance, including American Express, Merrill Lynch and Morgan Stanley, and the completion of One World Trade Center sends a signal of resilience and confidence to the world.