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Manhattan is unique in the U.S. for intense use of public transportation and lack of private car ownership. While 88% of Americans nationwide drive to their jobs, with only 5% using public transport, mass transit is the dominant form of travel for residents of Manhattan, with 72% of borough residents using public transport to get to work, while ...
The trading halt occurred after the markets reached a drop of 7.2 percent within 15 minutes. The crash temporarily recovered after the Federal Reserve Bank of New York offered at least $1.5 trillion worth of short-term loans to banks for 12–13 March, but the market quickly resumed its decline soon after. [270]
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