Tech is leaping past Wall Street in New York.
The tech industry is creating more jobs than the finance sector. William Dudley, the president of the New York Federal Reserve, said the technology industry was stepping in where finance used to support the local economy, according to CNBC.
Wall Street has in the past been integral to New York's recovery after an economic crisis, Dudley said. This time around, it was the tech sector that provided that key revival.
