Economics

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…

Do you have what it takes to succeed in business? Are you ready to put your brilliant ideas and management skills to the test? Welcome to Start It Up, where you get to launch and run your own fictional venture - and see how well you would fare in the stressful and exciting world of entrepreneurship.

A 1938 law created "exploitative and discriminatory" job programs and should be phased out, marking a new milestone in the debate over "sheltered workshops," the U.S. Commission on Civil Rights says.

Lessons in the rational appraisal of danger may be the secret to a happier, healthier life – and they can be mastered through a few simple steps.

Wage transparency is on in New York, but what will it mean for jobseekers and job postings?

On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his employees off-guard with a somber message.

Home prices rose nearly 20% last year, in large part because the U.S. is several million homes short of demand. Builders say the pandemic is partly to blame, but the problem goes deeper than that.

The number of weeks schools remained remote played a role in the amount of learning loss district-to-district