New York

Just days after we reported that in the mad dash by virtually every American city to become Amazon's second headquarters, in which some such as New Jersey offered as much as $7 billion in state and city tax credits, today Amazon announced that that it has received 238 proposals from "cities and regions in 54 states, provinces, districts and territories around North America" who want to host the company's second headquarters, also known as HQ2.

When it comes to the cost of living in cities, a general rule of thumb is that housing prices are much higher in the country’s economic and population hubs, especially in the cities along the coasts.

As Visual Capitalist's Jeff Desjardins notes, particularly in recent years, prices have been pushed sky-high in places like New York City or San Francisco through a combination of limited supply of new homes, increasing demand, shifting demographics, and government regulations.

PUTTING IT INTO PERSPECTIVE

If you happen to see a driverless car trundling down Fifth Avenue, don’t panic.   

Compounding the misery that Elon Musk is likely feeling right now, General Motors has scored yet another victory in its quest to build the first commercially viable self-driving car.  New York Gov. Andrew Cuomo on Tuesday granted GM’s Cruise Automation division permission to begin testing fully autonomous vehicles on New York City roads – meaning GM will become the first automaker to begin testing autonomous cars in the northeast.

Disgraced Hollywood mega producer Harvey Weinstein better enjoy his stay at the tony $2,000-a-night rehab in Arizona, because when once his “treatment” has ended, he might be facing a stint in a much less comfortable institution.

It appears that the first casualty of the Harvey Weinstein sexual abuse scandal, may be none other than the Manhattan District Attorney Cyrus Vance, Jr.

According to an explosive new article published by the New Yorker on Tuesday, Vance had evidence of Weinstein's sexually predatory behavior toward a woman, but didn’t pursue the case. The story describes how model and former Miss Italy contestant Ambra Battilana Gutierrez accepted a meeting with Weinstein in March 2015. During the meeting, she told New Yorker that Weinstein groped her breasts and put his hands up her skirt.