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Most Expensive States: Here's Where NY Ranks, New Report Says
A new ranking by CNBC has found that both New York and Massachusetts are part of the top 10 most expensive states to live in.
The CNBC report, which was published on Friday, July 12, used an index of prices for a broad range of goods and services, which was calculated by the Council for Community and Economic Research (C2ER), alongside housing affordability and the cost to insure a median-priced home, to determine the list of spendy states.
New York, which ranked in ninth place (tied with Florida, Rhode Island, and Washington), earned a grade of D- from CNBC’s “Top States for Business 202…
Amazon Plans To Lay Off Around 10,000 Employees, Report Says
A week before the holiday shopping season officially kicks off, Amazon is set to begin laying off approximately 10,000 corporate and technology employees, The New York Times reports.
Job cuts at the online retail giant were expected to start the week of Monday, Nov. 14, and will primarily affect Amazon’s retail, devices, and human resources divisions, according to the outlet.
The largest in its history, the layoffs would impact 1 percent of the company’s global workforce and 3 percent of its corporate employees.
It follows several other cost-cutting moves that CEO Andy Jassy has implemente…
These NY Zip Codes Among Top 10 Most Expensive In US, New Report Says
Four zip codes in the Northeast rank in the Top 10 for most expensive in the United States, according to a brand-new report.
The rankings, published by CNBC, were determined by median home sale prices.
Three of those four zip codes are on the east end of Long Island, led by No. 2 Sagaponack (11962), which the report says has a median home sale price of $6,972,500, behind only No. 1 Atherton, California (94027), which is $9 million.
The other zip codes in the Hamptons making the Top 10 were Water Mill (11976) and Bridgehampton (11932).
The other Northeast zip code on th…
