The 2019 Women's World Cup prize money is $30 million—7.5% of the Men's World Cup prize
In October 2018, FIFA president Gianni Infantino announced that FIFA would raise the total prize money for the Women's World Cup from $15 million to $30 million. The champions will take home $4 million of those funds. But the prize money gap between men's and women's championship teams is still $34 million.
Swiftonomics: Lessons Learned From Taylor Swift's Tour
Taylor Swift's upcoming US tour of 52 concerts has all the ingredients of a post-Covid demand shock. Some resellers reportedly asked $40,000 or more for concert tickets following last week's run on official sales, which left millions empty-handed and ready to pay whatever it takes to score a seat. Augusta Saraiva has more on "Bloomberg Triple Take."
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KC Fed LMCI Suggests Recent Inflation Is Not Due to the Tight Labor Market
A tight labor market tends to raise wages and lower unemployment, but an overly tight labor market can cause inflation. Labor market momentum, as measured by the Kansas City Fed Labor Market Conditions Indicators (LMCI), can signal whether the current level of activity in labor markets is inflationary.
The FTX Collapse, Explained | What Went Wrong | WSJ
Former CEO Sam Bankman-Fried was hailed as a savior of crypto before FTX’s implosion.
Cryptocurrency exchange FTX was seen as a survivor in a struggling industry, but over the course of six days the exchange collapsed due to a sudden liquidity crunch. WSJ explains the factors that drove FTX’s growth and what led to its downfall. Illustration: Alexandra Larkin
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
FTX’s Collapse: The Three Key Points on the Largest Crypto Bankruptcy Ever: https://youtu.be/kCM-agH1aGM
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