Economics

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.

Fed Chair Jerome Powell says curbing inflation will cause pain. Critics say putting millions out of work is unnecessary.

Paramount indicated that it would still seek to unload Simon & Schuster, despite the Penguin deal falling apart.

But the new businesses will have to compete with everyone who’s already selling pot.

Question of the Day for teachers and students: How Much Money Does The Average Person Spend On Video Games and Accessories?

The White House's Thanksgiving practice doesn't go back as far as you might think and has been sustained by a special interest group — the turkey lobby.

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 #WSJ #FTX #crypto

We strive to make ticket buying as easy as possible for fans, but that hasn’t been the case for many people trying to buy tickets for Taylor Swift | The Eras

A lot of people are talking about Ticketmaster recently, but their market power on buying and selling ticket will likely result in some talks at the Department of Justice as well.

If you’re teaching opportunity cost, this is a great clip to show the value of time. Homer waits in line 8 days to grab a coveted ticket to an event. A passerby accurately notes that the Home…

Will the FTX failure drag financial markets down? The short answer to this question is “no.” The total market capitalization of cryptocurrencies is $890 billion, compared to a $41 trillion market capitalization for US equities. This crypto market is relatively small and “siloed.”   EconExtra is a series of posts that go beyond the textbook, helping you incorporate current events into your classroom. This week: market structure, corporate structure and regulation.

FTX operated outside the confines of traditional regulations, and its customers are unlikely to recover their funds, says Semafor's Liz Hoffmann.

We have been boxed into this terrible future where the only way to consume live music from popular artists is to pay an inefficient, barely functioning middle man, and say thank you.

Paramore is using Ticketmaster's mobile-only ticketing options to limit the prevalence of ultra-expensive resale passes at its upcoming tour.

Ticketmaster has been a thorn in the side of entertainers and fans alike for years.

In early November, Hays Culbreth’s mother sent a poll to a few family members. She said she could only afford to make two sides for their group of 15 this Thanksgiving and asked them each to vote for their favorites.

Your Thanksgiving meal with all the trimmings is expected to cost 20% more than last year.

It's often said that hosting a World Cup, or any other major sporting event, can boost a nation’s economy by attracting tourists, initiating infrastructure projects and showcasing countries and cities as good places to do business. Does the evidence back this up?

Once a given in live concerts, the encore is now seen by some as a showbiz artifact rather than an authentic exchange between performer and audience.

AbbVie is bracing for a Botox sales hit as a recession looks inevitable.

This isn’t Live Nation’s first time on the DOJ’s to-do list.

Rents in October rose 4.7% compared with October 2021, the slowest annual increase in 18 months, according to Realtor.com.

If you're planning on going to Walt Disney World in 2023, you can still buy next year's tickets at current rates until December 8. That's when prices on most ticket types will be increasing, including single-day tickets, multi-day passes and annual pass renewals.

Dynamic pricing or not, Ticketmaster can pretty much charge whatever it wants for concert tickets.

This issue of Page One Economics explains how Federal Reserve Bank presidents ensure the voices of 'Main Street' are reflected in monetary policy decisions.

Farm Bureau’s 37th annual survey provides a snapshot of the average cost of this year’s classic Thanksgiving feast for 10, which is $64.05 or less than $6.50 per person. This is a $10.74 or 20% increase from last year’s average of $53.31.

WASHINGTON — The Federal Trade Commission filed an antitrust lawsuit against pop star Taylor Swift, alleging that she now holds a monopoly over American music…