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☆ 'Barbie' dominates 'Oppenheimer' opening day, but it's a win for theaters
▼ + stars: | 2023-07-23 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —Greta Gerwig’s “Barbie” raked in a stunning $155 million domestically over the weekend, giving the film the largest opening weekend of 2023, Comscore said. The combined release of “Barbie” and Christopher Nolan’s “Oppenheimer,” dubbed “Barbenheimer,” has become a pop culture sensation – and one that might revive a struggling movie industry. Coming in behind “Barbie,” “Oppenheimer” opened at $80.5 million domestically over the weekend, according to Comscore. Its closest comparison is “Wonder Woman” in 2017, directed by Patty Jenkins, which raked in about $38 million domestically on opening day, according to Box Office Mojo. That could bring a much needed rebound to the movie industry.

Persons: Greta Gerwig’s “, ”, Comscore, “ Barbie ”, Christopher Nolan’s “ Oppenheimer, “, Paul Dergarabedian, “ Barbie, ” “ Oppenheimer ”, Dergarabedian, ” Dergarabedian, ” It’s, Gabrielle Roitman, Kayla Seffing, Maddy Hiller, Casey Myer, Oppenheimer, Barbie, Chris Pizzello, Patty Jenkins, “ Oppenheimer, It’s, Christopher Nolan, Knight, Mario, Indiana Jones, Destiny ’, ” Sheri Lambert, Mattel, Lambert Organizations: New, New York CNN, AMC, Office, Warner Bros, Warner Bros ., Hollywood Reporter, Mattel, Dunkirk, Mario Bros, Temple University, CNN Locations: New York, Canada, Los Angeles, United States

☆ 'Barbenheimer' tops $235 million in domestic debut, eyes second-highest box office weekend ever
▼ + stars: | 2023-07-23 | by ( Sarah Whitten | ) www.cnbc.com time to read: +4 min

"Barbenheimer" exploded over the weekend, generating an estimated $235.5 million in ticket sales and reinvigorating the domestic box office. "It was a truly historic weekend and continues the positive box office momentum of 2023," said Michael O'Leary, president and CEO of the National Association of Theatre Owners. Some box office analysts project that Monday's official weekend numbers could be quite a bit higher than Sunday's estimates, and push "Barbenheimer" weekend up the charts. The success of "Barbenheimer" comes at a time when the domestic box office has faced some hurdles. They've reignited the summer box office flame, and they've proven that studios can be a little more aggressive with counter-programming strategies in the future."

Persons: Barbie, Oppenheimer, Shawn Robbins, Michael O'Leary, O'Leary, Paul Dergarabedian, Harrison Ford, Indiana Jones, Robbins, They've, NBCUniversal Organizations: Marvel, Star Wars, Warner Bros, National Association of Theatre, Rotten, Angel Studios, Comcast, CNBC Locations: Hollywood, NBCUniversal

☆ Welcome to Barbenheimer Weekend
▼ + stars: | 2023-07-22 | by ( Melissa Kirsch | More About Melissa Kirsch | ) www.nytimes.com time to read: +2 min

Start the day with the darker fare: Christopher Nolan’s moody “Oppenheimer,” about the physicist who ran the Los Alamos Laboratory during the development of the atomic bomb. The movie industry hopes so. Ticket sales for the year in the U.S. and Canada are down about 20 percent from the same period in 2019. Analysts predict that “Barbie” could take in $100 million domestically through Sunday; “Oppenheimer” around $50 million. “These are not the tried-and-true safe bets that are the hallmark of the summer movie season,” he said.

Persons: Christopher Nolan’s, Oppenheimer, ”, Milk, Greta Gerwig’s “, fantasia, ” “ Barbie, ” “ Barbie ”, “ Oppenheimer, “, ‘ Oppenheimer, Barbie ’, Will Barbenheimer, Barbie ”, Paul Dergarabedian Organizations: Los Alamos Laboratory, Alamo, Times Locations: Chicago, U.S, Canada

☆ 'Barbenheimer' will be a real shot in the arm to the movie business: Comscore's Paul Dergarabedian
▼ + stars: | 2023-07-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Barbenheimer' will be a real shot in the arm to the movie business: Comscore's Paul DergarabedianPaul Dergarabedian, Comscore senior media analyst, joins 'Squawk Box' to preview the double feature of Barbie and Oppenheimer, known by some as "Barbenheimer', what to expect from both films in what might be Hollywood's most anticipated opening weekend of the year, and more.

Persons: Comscore's Paul Dergarabedian Paul Dergarabedian, Barbie, Oppenheimer

☆ Russian businessman loses appeal against UK over detained superyacht
▼ + stars: | 2023-07-21 | by ( Sam Tobin | ) www.reuters.com time to read: +2 min

[1/2] Detained Russian-owned superyacht Phi is seen in West India and Millwall Docks in London, Britain March 29, 2022. REUTERS/Tom Nicholson/File PhotoLONDON, July 21 (Reuters) - A wealthy Russian businessman on Friday lost a legal challenge against Britain over the detention of his $50 million superyacht. Sergei Naumenko's 58.5 metre yacht Phi was detained in London under the government's Russian sanctions in March 2022, the first time the regulations had been used to detain a ship. He said he was targeted simply because he was a wealthy Russian, despite the fact that he had no involvement in Russian politics or any connection with Putin. Cranston accepted Shapps was wrong to describe Naumenko as a friend of Putin, but said it was "excusable political hyperbole".

Persons: Tom Nicholson, Sergei Naumenko's, Grant Shapps, Vladimir Putin, Naumenko, Putin, Judge Ross Cranston, Mr Naumenko, Cranston, Shapps, Paul Dickie, Sam Tobin, Philippa Fletcher Organizations: Millwall Docks, REUTERS, Britain, Phi, St, Britain's Department of Transport, London's, Thomson Locations: Russian, West India, London, Britain, St Kitts, Nevis, Ukraine, Russia

Sterling weakened against the U.S. dollar and the euro as the Office for National Statistics said the consumer price inflation growth rate was its lowest since March 2022 but stayed above the pace of price growth in other big, rich economies. The BoE said in May it expected June inflation would fall to 7.9%. Economists polled by Reuters had expected the core measure of price growth to hold at 7.1%. Reuters GraphicsFood price and non-alcoholic drinks price inflation slowed to 17.3% - still a major strain on the finances of many households - from 18.3% in May. Services prices, also monitored closely by the BoE, rose by 7.2% in annual terms, slowing from 7.4% in the 12 months to May.

Persons: Sterling, BoE, Paul Dales, Rishi Sunak, Jeremy Hunt, Hunt, William Schomberg, Andy Bruce, Kate Holton, Catherine Evans Organizations: Reuters, Bank of, Bank of England, U.S ., National Statistics, Capital Economics, Investors, Reuters Graphics, Labour Party, Sunak's Conservative Party of, Manufacturers, Thomson Locations: Bank of England, Britain

☆ UK inflation slows to lowest level in more than a year
▼ + stars: | 2023-07-19 | by ( Hanna Ziady | ) edition.cnn.com time to read: +2 min

London CNN —UK inflation eased more than expected in June, slowing to its lowest annual rate since March 2022, official data showed Wednesday. Consumer prices rose 7.9% last month compared with a year ago, down from 8.7% in May, the Office for National Statistics said. “Inflation slowed substantially … driven by drops for motor fuels,” ONS chief economist Grant Fitzner said in a statement. “While the Bank of England will welcome the fall in inflation, it is unlikely to substantially change its hawkish policy stance,” said KPMG chief economist Yael Selfin. “The main story today is that inflation is lower than expected, fueling a narrative that we are through the worst,” said Kitty Ussher, chief economist at the Institute of Directors.

Persons: Grant Fitzner, ”, Yael Selfin, Paul Dales, Selfin, “, Kitty Ussher, … Organizations: London CNN —, National Statistics, Reuters, Bank of England, ONS, “, KPMG, Capital Economics, ”, Institute of Directors

☆ In ‘Barbie’ vs. ‘Oppenheimer,’ the Real Winner May Be the Box Office
▼ + stars: | 2023-07-18 | by ( Brooks Barnes | More About Brooks Barnes | ) www.nytimes.com time to read: +2 min

Fury of the Gods” and “Fast X.”The latest “Mission: Impossible” film arrived last weekend to solid results, but below what Hollywood had been expecting. “Oppenheimer” is based on the 2005 biography “American Prometheus” by Kai Bird and Martin J. Sherwin. “Both studios went all-in on original films, directed by notable auteurs with an interest in pushing the envelope,” said Paul Dergarabedian, a senior Comscore analyst. “Barbie” is aimed at women, while “Oppenheimer” has the edge with men. One represents what many cinephiles loathe about Hollywood: movies based on toys.

Persons: moviegoing, John Wick, Indiana Jones, ”, Mario, III, Barbie, “ Oppenheimer, Kai Bird, Martin J, Sherwin, Paul Dergarabedian, ” “ Barbie ”, — Margot Robbie, Ryan Gosling —, Cillian Murphy, “ Barbie ”, “ Oppenheimer ” Organizations: Hollywood, Mario Bros, “ Locations: United States, Canada

Blinken told reporters that he had sent a letter to every member of the Senate urging swift confirmation of dozens of nominees for State Department positions. The nominations are being held back by Republican Senator Rand Paul while he seeks information from the administration on the origins of COVID-19. The department said it currently has 62 nominees outstanding with the Senate, including 38 ambassadorial nominees. Separately, nominations for more than 250 positions in the U.S. military are also being delayed by a single Republican - Senator Tommy Tuberville. Most nominations are approved by Senate committees, and eventually reviewed by the full Senate, which is controlled by Biden's fellow Democrats.

Persons: Antony Blinken, Joe Biden's, Blinken, Rand Paul, Paul, Tommy Tuberville, Tuberville, Patricia Zengerle, Simon Lewis, Rosalba O'Brien Organizations: State Department, Republican, Senate, Defense Department, Thomson Locations: U.S

☆ Where have all the billion-dollar movies gone? So far, only Mario's been super this year
▼ + stars: | 2023-07-15 | by ( Sarah Whitten | ) www.cnbc.com time to read: +4 min

Universal's "The Super Mario Bros. Movie" is the only movie released in 2023 to so far eclipse the $1 billion mark at the global box office. "If you would have given 10 people a release schedule at the beginning of the year and said, 'We will have just one billion-dollar movie out of all of these and can you pick which one it will be?' In years before the Covid-19 pandemic, and even last year, there were multiple megahits eclipsing $1 billion in global grosses. So far, it has generated $122.1 million at the domestic box office and $221.4 million globally. "The billion-dollar club seems to have become even more exclusive in 2023," said Paul Dergarabedian, senior media analyst at Comscore.

Persons: Mario, Mike Polydoros, Indiana Jones, Shawn Robbins, Bob Iger, CNBC's David Faber, James Gunn's, Sony's, Gunn, Paul Dergarabedian Organizations: ANGELES, Mario Bros, PaperAirplane Media, Disney, Marvel, Star Wars, Pixar, Hollywood, Lucasfilm, Star, Marvel Studios, Warner Bros, Discovery's DC Studios Locations: filmdom

☆ Some Hollywood executives reportedly say they will let striking writers 'go broke'
▼ + stars: | 2023-07-14 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSome Hollywood executives reportedly say they will let striking writers 'go broke'Paul Dergarabedian, Comscore senior media analyst, and Dominic Patten, Deadline senior editor, join 'Last Call' to talk the simultaneous Hollywood writers and actors strike.

Persons: Paul Dergarabedian, Dominic Patten Organizations: Hollywood

Economic output fell 0.1% in May from April, the Office for National Statistics (ONS) said, after growth of 0.2% in the previous month. All sectors of the economy contracted with the exception of services, which showed no growth. Finance minister Jeremy Hunt said high inflation continued to hamper the economy and he called for patience in bringing it down. Some companies in the arts, entertainment and recreation sector said they had benefited from the extra bank holiday, as well as hotels and restaurants, the ONS said. Britain's economy often shows some rebound in subsequent months when output is temporarily dented by extra bank holidays.

Persons: Maja Smiejkowska, King Charles, Paul Dales, Dales, BoE, Jeremy Hunt, Andy Bruce, William Schomberg, Kate Holton, Peter Graff, Toby Chopra Organizations: Charing Cross, REUTERS, National Statistics, Bank of England, Capital Economics, Reuters, ONS, European Union, Thomson Locations: London, Britain, Germany

☆ Opinion: Trump’s enthusiasm for bringing back Michael Flynn is a revealing sign
▼ + stars: | 2023-07-06 | by ( Opinion Peter Bergen | Erik German | ) edition.cnn.com time to read: +9 min

Which raises the question: Who would Trump bring back into his orbit should there be a second Trump term? Flynn was handsomely repaid by Trump when he won the 2016 presidential election, gaining the critical position of national security adviser. That is, they agree or strongly agree with statements such as “the federal government should declare the US a ‘Christian nation….’”The “ReAwaken America Tour”The ReAwaken America crowd looks to be a highly energized vanguard within this population. For an Audible podcast that we produced about Flynn and his role in ReAwaken America, Clark told us he considers Flynn “to be kind of like a father figure to [him],” and he hopes that Flynn will be Trump’s vice-presidential candidate. On tour, Flynn is dubbed, without irony, “America’s general,” and, at the event we attended in May, America’s general was the unquestionable star of the show.

Persons: Peter Bergen, Peter Bergen ”, Erik German, “, Donald Trump, can’t, Trump, Michael Flynn, Flynn, We’re, Flynn wouldn’t, Mike Pence, Joe Biden, ”, Andrew Whitehead, Samuel Perry, Paul Djupe, Jacob Dennen, Donald, ’, Clay Clark, Clark, Flynn “, America’s, …, Klaus Schwab, Schwab, I’m, ” Flynn, he’s Organizations: New, Arizona State University, Apple, Spotify, CNN, White House, Trump, Peter Bergen CNN, Trump National Doral Hotel, Republican, FBI, White, Denison University, Economic, America, Twitter, Facebook, Miami Locations: New America, Miami, Afghanistan, Iraq, Russian, America, Oklahoma, ReAwaken America, Davos, Switzerland

☆ The planet saw its hottest day ever this week. The record will be broken again and again
▼ + stars: | 2023-07-05 | by ( Laura Paddison | ) edition.cnn.com time to read: +3 min

CNN —This week saw the hottest global temperature ever recorded, according to data from the US National Centers for Environmental Prediction. On Monday, the average global temperature reached 17.01 degrees Celsius (62.62 Fahrenheit), the highest since records began. On Tuesday, it climbed even further, to reach 17.18 degrees Celsius. The average temperature for the month was 15.8 degrees Celsius (60.4 Fahrenheit), breaking the previous record by 0.9 degree Celsius. The new global average temperature record is another wake-up call, Otto told CNN.

Persons: Robert Rohde, It’s, ”, Friederike Otto, ” Paul Davies, Otto Organizations: CNN, US National Centers for Environmental, El, Grantham Institute, Climate, Met Office Locations: Berkeley, Texas, Mexico, India, Bihar, China

☆ Further rate hikes aren't the right approach from central banks, UBS' Paul Donovan says
▼ + stars: | 2023-07-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFurther rate hikes aren't the right approach from central banks, UBS' Paul Donovan saysPaul Donovan, chief economist at UBS Global Wealth Management, says further interest rate hikes from central banks may not be the right approach as the economy is slowing and disinflation forces are working,

Persons: Paul Donovan Organizations: UBS, UBS Global Wealth Management

☆ 8 Disney classics are coming back to movie theaters: Here's when you can watch 'Toy Story' 'Pirates' and more
▼ + stars: | 2023-07-05 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

In celebration of the House of Mouse's 100th anniversary, Disney is re-releasing eight classic films back into theaters, some of which haven't seen the big screen in decades. The lone live action film on the slate is 2003's "Pirates of the Caribbean: The Curse of the Black Pearl." "Pirates," based on the popular Disney World ride, will lead into the release of another film based on one of Disney's theme park attractions, "Haunted Mansion." "And certainly, it doesn't hurt to have a lot of Disney branded content out there ahead of the release of their other films." These are all the films that Disney is re-releasing.

Persons: haven't, Paul Dergarabedian Organizations: Disney, Pixar, Pirates, AMC, CNBC Locations: Caribbean

☆ The 2023 movie box office will need a strong second half after an inconsistent first six months
▼ + stars: | 2023-07-04 | by ( Sarah Whitten | ) www.cnbc.com time to read: +6 min

Hit and missOf course, quality is a big factor in a film's box office success, too. That pullback has already begun with the 2023 summer movie season. Starting the first Friday in May and running until Labor Day weekend, the summer movie season typically represents 40% of all movie ticket sales for the year. So far through July 2, the summer box office has tallied $1.88 billion. In summer 2022, the box office got a boost from Tom Cruise's "Top Gun: Maverick," a Paramount and Skydance feature.

Persons: that's, Mike Polydoros, clamoring, It's, Universal's, Mario, haven't, Shawn Robbins, Robbins, Tom Cruise's, Paul Dergarabedian, Strange, Indiana Jones, Ruby Gillman, Oppenheimer, Dergarabedian, Kraven, Hunter Organizations: PaperAirplane Media, CNBC, Warner Bros, Mario Bros, Guardians, Galaxy, Sony, BoxOffice.com, Labor, Paramount, Comscore, Universal, Disney, Lionsgate

☆ Expert who recovered the Titan sub wreckage says ocean exploration is about 'passion and a joy for exploration'
▼ + stars: | 2023-07-01 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

Ed Cassano led the team that recovered the wreckage of the Titan sub. Cassano told a press conference that ocean exploration "was a passion and a joy for exploration." Odysseus 6K was the only ROV that took part in the search effort able to reach the depths of the Titanic wreckage. He said that they had prepared to rescue the Titan sub, but it soon became clear that the passengers could not have survived the journey. "Shortly after we arrived on the seafloor, we discovered the debris of the Titan submersible," he added.

Persons: Ed Cassano, 6K, Cassano, —, Hamish Harding, Dawood, Suleman, Paul, Henri Nargeolet, Paul Daly, Jasper Graham, Jones, it's, Graham Organizations: Service, Research Services, Titan, OceanGate, Stockton Rush, US Coast Guard, Canadian Press, AP, & Marine Engineering, Plymouth University Locations: British, Pakistani, French

☆ From 'Super Mario' to 'The Little Mermaid': The 10 highest-grossing movies of the first half of 2023
▼ + stars: | 2023-06-30 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

At the halfway point of the year, the Hollywood box office has been dominated by familiar faces. "Pretty much every film in the top 10 is either a franchise film, part of known IP or a known brand," Paul Dergarabedian, senior media analyst at Comscore, tells CNBC Make It. It's a repeat of 2022, where nine of the 10 highest grossing films were sequels. The $4.35 billion raked in by the domestic box office so far is 20.7% higher than at the same point in 2022, according to data from Comscore, and a full 350% better than 2021's pandemic-stunted haul. However, it is still 20% shy of 2019's pre-pandemic gross over the same time frame.

Persons: Paul Dergarabedian Organizations: Guardians, CNBC Locations: Hollywood, Comscore

☆ Photos of the Titan sub's wreckage support the theory that the carbon-fiber hull failed first, expert says
▼ + stars: | 2023-06-30 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +8 min

Glimpses of the wrecked Titan submersible wreckage were seen as its remains were brought ashore. Though it's difficult to know for sure, the carbon fiber hull likely failed first, an expert told Insider. The titanium structural rings are intactAn annotated picture of the titanium structural rings pulled from the wreckage of the Titan submersible. OceanGate Expeditions' controversial Titan submersible is thought to have imploded within hours of its descent towards the Titanic wreckage on June 18. These were encased in a metal cage that would have been bound to the carbon fiber hull.

Persons: —, Jasper Graham, Jones, OceanGate, Graham, it's, David Lochridge, It's, Paul Daly Organizations: Service, US Coast Guard, & Marine Engineering, Plymouth University, Titan, CBC News, Canada's CBC, Expeditions, Graham, OceanGate Expeditions, Reuters, Canadian Press, AP

CNN —Huge pieces of the doomed submersible Titan were hoisted onto a Canadian pier Wednesday nearly a week after authorities announced a “catastrophic implosion” had killed all five men onboard the minivan-sized vessel, according to the company leading the effort and photos of the task. Titan debris brought up from the ocean floor is unloaded Wednesday from the Horizon Arctic ship at the Canadian Coast Guard pier in St. John's. Pelagic Research Services deferred questions to the US Coast Guard, adding its team cannot comment on or provide any information related to the investigation into the Titan’s demise. The company will hold a news conference at its East Aurora, New York, operations base after “our team has regrouped,” it said. A Transportation Safety Board of Canada spokesperson declined to comment to CNN, saying more information about its investigation is forthcoming as warranted.

Persons: Canadian Press ’ Paul Daly, John's, Paul Daly, Titan’s, “ Organizations: CNN, Canadian Coast Guard, Canadian Press, Research, Crew, US Coast Guard, Transportation Safety Board, Canada Locations: St, John’s, Newfoundland, Labrador, Aurora , New York

☆ MLB roundup: Shohei Ohtani hits two homers, fans 10
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: +10 min

Ohtani (7-3) wound up charged with one run on four hits and two walks. Jordan Montgomery (5-7) allowed two runs, one earned, on six hits in 6 2/3 innings. Framber Valdez (7-6) gave up four runs on eight hits in six innings for the Astros, who lost for the eighth time in 11 games. Rockies starter Connor Seabold (1-4) gave up four runs on five hits in five innings. Gallen (10-2) grinded through six innings, allowing four runs (all in the second inning) on five hits.

Persons: Shohei Ohtani, Kirby Lee, Ohtani, Carlos Estevez, Seby Zavala, Elvis Andrus, Eloy Jimenez, Michael Kopech, Ezequiel Duran, Adolis Garcia, Duran, Brendan White, Corey Seager, Nathaniel Lowe's, Garcia, Spencer Torkelson, Paul DeJong, Louis, Nolan Arenado, Jordan Montgomery, Framber Valdez, Clayton Kershaw, Martinez, Kershaw, Elias Diaz, Brenton Doyle, Colorado's, Martinez's, Connor Seabold, Evan Phillips, Diaz, Lane Thomas, Jordan Weems, Weems, Seattle's Trevor Gott, Keibert, Paul Sewald, Teoscar Hernandez, Ronald Acuna Jr, Acuna, Austin Riley, Sean Murphy, Michael Harris, Carlos Correa, Orlando Arcia's, Thairo Estrada, Alex Wood, Patrick Bailey, Kevin Gausman, Ryan Walker, Wood, Carlos Santana, Jack Suwinski, Nick Gonzales, Gonzales, Santana, Andrew McCutchen, Henry Davis, Rodolfo Castro, Rich Hill, Reiss Knehr, Yu Darvish, Sandy Alcantara, Bryan De La, Jazz Chisholm, Luis Arraez, Garrett Whitlock, Will Brennan, Gavin Williams, Trevor Stephan, Emmanuel Clase, Terry Francona, DeMarlo Hale, Brady Singer, Scott Barlow, David Peterson, Brandon Nimmo, Francisco Lindor, Daniel Vogelbach, Peterson, Brian Anderson, Ranger Suarez, Suarez, Cody Bellinger, Nick Madrigal, Brandon Marsh, Jameson Taillon, Matt McLain, McLain's, TJ Friedl, Andrew Abbott, Tyler Wells, Jordan Westburg, Corbin Carroll, Zac Gallen, Christian Walker, Evan Longoria, Ketel Marte, Taj Bradley, Jose Siri, Paul Blackburn, Tyler Wade, Esteury Ruiz, Jhony Brito, Seth Brown, Josh Donaldson, Blackburn Organizations: Los Angeles Angels, Chicago White Sox, Angel, USA, White Sox, Chicago, Rangers, Tigers, Detroit, Cardinals, Astros, Houston, Dodgers, Rockies, Angeles, Colorado, Mariners, Washington, Seattle, Braves, Atlanta, The Twins, Giants, Blue Jays, Toronto, Pirates, Padres, Pittsburgh, San, Marlins, Red Sox, Miami, Boston, Bryan De La Cruz, . Red Sox, Royals, Cleveland, Kansas City, The Royals, Mets, Brewers, Milwaukee, Triple, Phillies, Cubs, Philadelphia, Reds, Orioles, Cincinnati, Baltimore, Diamondbacks, Rays, Tampa, The Diamondbacks, Gallen, Tampa Bay, Athletics, Yankees, Oakland, Blackburn, Thomson Locations: Anaheim , California, USA, Anaheim , Calif, Texas, Arlington , Texas, Denver, Minnesota, Atlanta, Francisco, Toronto, San Diego, Kansas, Cleveland, Syracuse, Baltimore, Arizona, Tampa Bay, Phoenix, Tampa, New York

The cost of certain goods is retreating in some places, but that doesn't include live music. Concert tickets have surged in price, to the point where economists are noticing. While ticket prices have increased, he said, mid-year figures haven't shown an appreciable rise since May 2022, when U.S. inflation was 8.6%. In India, fans are happy to pay a premium for quality entertainment, according to Owen Roncon, chief of business for Live Entertainment at BookMyShow. In Britain, about 150,000 music fans paid 340 pounds ($431)for a ticket to June's Glastonbury festival to see Elton John and hundreds of other acts.

Persons: Taylor Swift, Bruce Springsteen, haven't, Mario Ihieme, Paul Donovan, Harry Styles, Joel Barrios, Carolina Candelas, Andy Gensler, Pollstar, TD Cowen, Stephen Glagola, Elton John, Jason Cairnduff, Bruno Mars, Coldplay, Fairuz Zahari, Ed Sheeran, Owen Roncon, Eventbrite, Michael Rapino, Beth Cook, Dawn Chmielewski, Danielle Broadway, Sachin Ravikumar, David Milliken, Sharon Kimathi, Rozanna, Radhika Anilkumar, David Gaffen, Catherine Evans Organizations: LOS ANGELES, National Statistics, UBS Global Wealth Management, Stubhub, Ticketmaster, REUTERS, U.S . Labor Department, Backstreet, Live Entertainment, Backstreet Boys, Entertainment, Thomson Locations: Asia, U.S, GLASTONBURY, England, London, Seattle, Mexico City, Los Angeles, Europe, Barcelona, Glastonbury, Somerset, Britain, Malaysia, Australia, India, Leeds, Kuala Lumpur, Bangalore

The cost of certain goods is retreating in some places, but that doesn't include live music. Concert tickets have surged in price, to the point where economists are noticing. Event prices in UK inflation data are based on when shows take place, not when tickets are bought. While ticket prices have increased, he said, mid-year figures haven't shown an appreciable rise since May 2022, when U.S. inflation was 8.6%. The U.S. Labor Department does not specifically measure inflation for concert prices, but the inflation rate for live performing admission events is currently 2.6 percentage points more than U.S. headline inflation.

Persons: Taylor Swift, Bruce Springsteen, haven't, Mario Ihieme, Paul Donovan, Harry Styles, Joel Barrios, Carolina Candelas, Andy Gensler, Pollstar, TD Cowen, Stephen Glagola, Bruno Mars, Coldplay, Fairuz Zahari, Ed Sheeran, Owen Roncon, Eventbrite, Michael Rapino, Elton John, Beth Cook, Dawn Chmielewski, Danielle Broadway, Sachin Ravikumar, David Milliken, Sharon Kimathi, Rozanna, Radhika Anilkumar, David Gaffen, Catherine Evans Organizations: LOS ANGELES, National Statistics, UBS Global Wealth Management, Stubhub, Ticketmaster, U.S . Labor Department, Backstreet, Live Entertainment, Backstreet Boys, Entertainment, Thomson Locations: Asia, U.S, GLASTONBURY, England, London, Seattle, Mexico City, Los Angeles, Europe, Barcelona, Malaysia, Australia, India, Britain, Leeds, Glastonbury, Kuala Lumpur, Bangalore

The STOXX 600 (.STOXX) index closed 0.3% lower after data showed euro zone business growth stalled this month as the downturn in manufacturing deepened. "A hike was fully expected, but the magnitude of the rise surprised most," said RBC Brewin Dolphin’s head of asset allocation, Paul Danis. Germany's DAX index (.GDAXI) shed 1.0%, leading losses among regional peers as shares of Siemens Energy (ENR1n.DE) sank 37.3%. DATA DIGESTWhile euro zone business growth stalled in June, a separate reading showed German business activity slowed notably this month. French business activity contracted this month for the first time in five months, data showed.

Persons: Germany's DAX, Paul Danis, DAX, Clemente De Lucia, Shreyashi Sanyal, Bansari, Eileen Soreng, Jonathan Oatis Organizations: Siemens Energy, GSK, Bank of England, Norges Bank, Swiss National Bank, Investors, RBC, Bank, Siemens, Deutsche Bank Research, Thomson Locations: U.S, Stockholm, Helsinki, Bengaluru

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