NOVEMBER 20th marks the first “Gridlock Alert” day of New York City’s holiday season. This is the official designation for the city’s busiest traffic days of the year. But traffic is bad most days, with more than 900,000 cars entering Manhattan’s central business district. INRIX, a traffic-data firm, found that New York City leads the world in urban traffic congestion among the cities scored, with the average driver stationary for 101 hours a year. After years of false starts, including a cowardly pre-election pause by Kathy Hochul, New York’s Democratic governor, congestion pricing has the green light.

Editor’s note: On November 19th Donald Trump chose Howard Lutnick to be commerce secretary in his new administration. We published this profile of Mr Lutnick on November 16th and have updated it to include his appointment.