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Story summary
- New York City will spend about $40 million more than it expects to earn from hosting the FIFA World Cup finals.
- The city plans roughly $90 million in taxpayer funds for the event, including over $10 million for security.
- Despite projected $3.3 billion economic impact and 26,000 jobs, hotel bookings are down 12% for June and 8% for July, while travel plans remain uncertain as teams have yet to qualify.
