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Sept 12 (Reuters) - Pop superstar Taylor Swift dominated MTV's annual Video Music Awards on Tuesday, adding nine trophies to her collection as she claimed the top prize for her smash hit song "Anti-Hero". [1/6]Taylor Swift receives the Best Pop award during the 2023 MTV Video Music Awards at the Prudential Center in Newark, New Jersey, U.S., September 12, 2023. Stray Kids, a band put together through a reality show, won the best K-pop award, and SZA scored best R&B video for "Shirt". Colombian pop singer Shakira was honored with the Video Vanguard Award for her 20-year career. Later, she and fellow Colombian singer Karol G won best collaboration for "TQG".
Persons: Taylor Swift, Beyonce, Swift, NSYNC, Lance Bass, Justin Timberlake, it's, Brendan Mcdermid, Spice, SZA, Rema, Selena Gomez, Demi Lovato, Lil Wayne, Olivia Rodrigo, Nicki Minaj, Sean, Diddy, Combs, Minaj, Grandmaster Flash, Shakira, Karol G, Lisa Richwine, Shri Navaratnam Organizations: Swift, VMA, MTV, Prudential Center, REUTERS, Video, Thomson Locations: Newark , New Jersey, U.S, Colombian
LOS ANGELES (AP) — This week the United States’ biggest newspaper chain posted to its site two unusual job listings: a Taylor Swift reporter and a Beyoncé Knowles-Carter reporter. Political Cartoons View All 1157 ImagesSome journalists criticized the listings for presenting superfan behavior as a full-time journalism job, especially as job opportunities shrink and music journalists are paid low wages. “If there wasn’t that component to it, there wouldn’t be a Beyoncé reporter,” Tinsley said. “It is a bit odd, but Taylor Swift Inc., I guess you would call it, is a big economic driver right now,” said Eric Grode, director of the Goldring Arts Journalism and Communications program at Syracuse University. Representatives for Swift and Beyoncé did not immediately respond to requests for comment.
Persons: Taylor Swift, Knowles, Carter, it'll, Beyoncé Knowles, Omise’eke Tinsley, , , ” Tinsley, Amy Chozick, Hilary Clinton, Suzy Exposito, ” Exposito, Eric Grode, “ Taylor Swift, Grode, ” Rick Edmonds, Taylor, Exposito, Soraya Roberts, Tinsley, Swift, Beyoncé, David Bauder Organizations: ANGELES, States ’, Gannett, USA, Swift, New York Times, Los Angeles Times, Taylor Swift Inc, Goldring Arts Journalism, Communications, Syracuse University, Poynter Institute, AP Locations: Nashville, Beyoncé, New York
Consumer spending held up the US economy even as many worried about the prospect of a recession. Even as interest rates skyrocketed over the past 18 months, strong consumer spending kept the US economy moving. Higher rates start to biteLet's start with interest rates. Credit-card debt, in contrast, tends to move up and down with interest rates. That COVID cash stockpile helped support the economy despite rising interest rates and historically high inflation.
Persons: Barbie, Taylor Swift, David Rosenberg, Rosenberg, Morgan Stanley, Janet Yellen, Yellen, John David Rainey, Jamie Dimon, Dimon, We've, Piper, Nancy Lazar, Lazar Organizations: Service, Bloomberg, Federal Reserve, Credit, Federal Reserve Bank of New, CNBC, San Francisco Fed, Walmart, Fox News Digital Locations: Wall, Silicon, Federal Reserve Bank of New York, Ukraine
Never had a concert inspired me so much that I wanted to change my entire approach to life. Earlier this month, I spent a combined $2,580 on tickets, travel and hotel to see her perform in Las Vegas on my 24th birthday. I sang "Halo" in front of my 3rd grade classmates, and learned Beyoncé's entire Coachella set in my college dorm room. But seeing her perform at the Allegiant Stadium alongside her daughter, Blue Ivy Carter, shifted my entire outlook on life, work and happiness. "Beyoncé's show left me feeling so inspired and motivated to do more with my passions," one person wrote.
Persons: Beyoncé, Blue Ivy Carter Organizations: Sears Locations: Las Vegas
Glossier, a direct-to-consumer cosmetics company launched in 2014 by US businesswoman Emily Weiss, pioneered this new aesthetic. At Glossier, beauty marks were celebrated, freckles were lionized and makeup application became as free form as finger painting. Beyoncé, Serena Williams, Michelle Obama and Reese Witherspoon have all been pictured wearing the makeup brand to red carpet events like the Oscars and The Grammys. For Meltzer, the brand fell victim to something that often trips up companies leading the zeitgeist: an evolving landscape. But “Glossy” isn’t just a beauty brand biography — it’s a forensic cross-examination of an era-defining company and how it embodied a moment in wider culture.
Persons: , Emily Weiss, freckles, Paloma Elsesser, Glossier, Serena Williams, Michelle Obama, Reese Witherspoon, Lila Moss, Sydney Sweeny, Gigi Hadid, Marisa Meltzer, , ” Meltzer, Richard Levine, Weiss ’, Meltzer, ” Glossier, Sophia Amoruso, John Sciulli, Weiss, Leandra Medine, Audrey Gelman, Nasty Gal, Manrepeller’s Leandra Medine, ” Audrey Gelman, John Phillips, Selena, Hailey Bieber’s, ” Marisa Meltzer's, Simon, Simon & Schuster, Schuster, Meltzer didn’t, It’s Organizations: CNN, The, Teen Vogue, Getty, Rhode, Simon & Locations: overhiring, New York, Glossier, SoHo , New York
MTV VMAs 2023: See the full list of winners
  + stars: | 2023-09-12 | by ( Alli Rosenbloom | ) edition.cnn.com   time to read: +4 min
CNN —The 2023 MTV Video Music Awards were presented on Tuesday. Beyoncé, Doja, Karol G, Minaj and Shakira joined Swift as artist of the year nominees, marking the first time since the category was introduced in 2017 that all artist of the year nominees are women. Shakira received the Video Vanguard Award. The night also welcomed brand new category Best Afrobeats. Demi Lovato, Shakira, Olivia Rodrigo, Cardi B with Megan Thee Stallion, Diddy, Lil Wayne, Doja Cat and Fall Out Boy, among others, all performed during the ceremony.
Persons: Taylor Swift, , Doja, Karol G, Minaj, Shakira, Swift, Demi Lovato, Olivia Rodrigo, Cardi, Megan Thee, Lil Wayne, Miley Cyrus –, Nicki Minaj –, Olivia Rodrigo –, Sam Smith, Kim Petras, Bill ” Taylor Swift, Karol, Nicki Minaj Shakira Taylor, Cyrus –, Rema, Selena Gomez, Steve Lacy –, PinkPantheress Reneé Rapp, Saucy Santana –, Booty, Stephen Sanchez – “, Flo Milli, Conceited, Reneé Rapp – “, Sam Ryder –, Armani, GOATED, Fletcher –, Diana ”, FLO –, Lauren Spencer Smith, David Guetta, Bebe Rexha, Post Malone, Bryson Tiller, Yung Miami, Shakira –, Savage, Diddy, Lovato, ” Ed Sheeran, ” Taylor Swift, DJ Khaled, Lil Baby –, Swizz Beatz, ” Nicki Minaj –, Alicia Keys, Chris Brown –, Toosii –, ” Yung Bleu, Nicki Minaj, Metallica, , , Ella Baila Sola, Despechá, Starr – “, Musa Keys, ” Rema, Ayra Starr – Organizations: CNN, Metro Boomin, NK – Locations: Reneé Rapp – “ Colorado, Lipa
Insider Today: Big Tech goes on trial
  + stars: | 2023-09-12 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +10 min
Speaking of Big Tech, it's a big day for the industry as the DOJ's antitrust trial against Google starts today. It's also a strategy the Department of Justice argues is "anticompetitive and exclusionary" in a landmark trial for Big Tech kicking off today. The trial is the biggest to hit the tech industry since the government sued Microsoft in the late 1990s. AdvertisementAdvertisementMore broadly, the case is a bellwether for how the government could argue future cases against Big Tech companies in the modern era. Each case is unique, but their focus on monopolistic behavior means the Google trial could set precedents followed by both sides.
Persons: Tayfun, it's, there's, you'll, It's, Hugh Langley, Kent Walker, Hugh, Walker, Chelsea Jia Feng, Henry Farrell, Abraham Newman's, Walter Wriston's, Gil Perez, Jamie Dimon, JPMorgan doesn't, Dimon, Elon, Franz von Holzhausen, Musk, Walter Isaacson, Yossakorn Kaewwannarat, VCs, they're, Nicki Minaj, Shakira, Beyoncé, Karol G, Frances Tiafoe, Austin Krajicek, Mackenzie McDonald, Tommy Paul, Rajeev Ram, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Big Tech, Google, Anadolu Agency, Getty, Department of Justice, DOJ, Microsoft, Apple, Federal Trade Commission, Amazon, Meta, Deutsche, JPMorgan, Street, Workers, Gallup, Startup, MTV, Team, Amtrak Locations: Wall, Silicon, Chelsea, New York City, San Diego, London, New York
Despite placing her previous documentaries and concert films on streaming services in the past, the iconic pop star opted to deliver her Eras Tour film directly to cinemagoers this October. Of course, the theater company will generate significantly more than that in concession sales, perhaps the real upside to Swift's film release. "Taylor Swift, being a cultural powerhouse and shaper of new business models, may have a hand in bringing back the old-school style concert film." Swift's concert film seems destined to overtake the current record holder for a theatrical concert film. Miley Cyrus' "Best of Both Worlds" concert film tallied $31.1 million during its opening weekend back in 2008, appearing in around 680 locations.
Persons: Taylor Swift, Shawn Robbins, Swift, Oppenheimer, They're, Cinemark —, It's, Robbins, Beyonce, Adele, Mario, Michael O'Leary, Paul Dergarabedian, Miley Cyrus, Taylor Organizations: T, Fort Worth Star, Tribune, Service, Getty, BoxOffice.com, Screen Actors Guild, American Federation of Television, Radio Artists, National Football League, Sony, Disney, Warner Bros, AMC, Universal, Swift, Mario Bros, National Association of Theatre Locations: Arlington , Texas, Cincinnati , Ohio
New York CNN —The Queen, better known as Beyoncé, had a dress code in mind for Renaissance tour concert goers attending her “House of Chrome,” as she described her concerts. Unprecedented salesAt a pivotal moment during each concert, Beyoncé flicks her wrist and pans out her black handheld fan. A group of fans pose for a portrait before entering Beyoncé's Renaissance World Tour on Friday, Sept. 1, 2023 in Inglewood, CA. “I did not see them becoming my best seller, much less my by-far-best-seller, because of something as random as a concert tour,” Fritts said. That demand was quickly replaced with silver bedazzled shades earlier this month after Beyoncé’s silver announcement.
Persons: Etsy, Taylor, , ” VenuezNVibez, , Beyoncé, Erin Fritts, she’s, Taylor Swift, it’s, ” Fritts, Jason Armond, Fritts, Sydney Baloue, ” Baloue, Tracy Swank, Swank, DaKeitha Bennett, I’ve, ” Bennett Organizations: New, New York CNN, Chrome, New York Times, CNN, Los Angeles Times Locations: New York, , Charlotte , North Carolina, Inglewood , CA, Florida, California, Baltimore, Etsy, Flint , Michigan
Insider Today: Analyzing Google salaries
  + stars: | 2023-09-08 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +9 min
In today's big story, we're taking a deeper look at the leaked Google salary data by looking at pay ranges across various factors. The sheet detailed 2022 base salaries, equity, and bonuses from over 12,000 Google employees in the US. Google employees who identified as being of Black/African descent had a median base salary at least $23,000 below their Asian, White, and Middle Eastern/North African colleagues. The gap didn't improve among software engineers, as those of Black/African descent had a median base salary $24,500 lower than those of white or European descent. Google employees who identified as being of Black/African descent had a median base salary at least $23,000 below their Asian, White, and Middle Eastern/North African colleagues.
Persons: We've, Tayfun, Rosalie Chan, Hugh Langley, Madison Hoff, Rosalie, Hugh, Madison, Shaw, Ned Davis, Ryan Salame, Salame, Sam Bankman, Tim Cook, Stephen Lam, Sam Altman, Investor Ford Smith, biohacking, Melissa Phillippi, missteps, Goldman Sachs, Sasha Kelemen, Olivia Rodrigo's, Ralph Lauren, , Joe Jonas, she'd, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Anadolu Agency, Getty, Google, Google's New, Citadel, Ned Davis Research, Wall, Zen, Apple, Reuters Apple, European Commission, Investor, Leerink Partners, York, Kroger Locations: Wall, Silicon, Madison, Google's New York, Bay, Brooklyn, Manhattan , New York City, USA, China, New York City, San Diego, London, New York
That’s the novel approach of Olivia Rodrigo, a modern and somewhat signature pop star. Her jolting debut album, “Sour,” released a few months later, showed her to be a spiky, vivid writer and singer, but one who hadn’t quite seen the world. Two years later, on her poignantly fraught, spiritually and sonically agitated follow-up album “Guts,” Rodrigo has seen too much. As on “Sour,” Rodrigo, who is 20 now, toggles between bratty rock gestures and piano-driven melancholy. Or as she puts it on “Making the Bed,” “I got the things I wanted/It’s just not what I imagined.”
Persons: Taylor, Olivia Rodrigo, , ” Rodrigo,
Taylor Swift is providing a gold rush for the hotel industry. The "Cruel Summer" singer's attention-grabbing "Eras" tour has pushed up revenue for hotels in cities across the U.S., according to data from investment firm Bernstein. "This has been a notable boost to the hotel industry," Bernstein analyst Richard Clarke wrote in a note to clients Friday, using the term "Swiftonomics." (Revenue generated per room is calculated by dividing the total hotel revenue by number of available rooms, regardless of whether they were occupied.) Indeed, Clarke said occupancy was 11% higher in Philadelphia during the nights of Swift's tour, while revenue per available room was up 59% on average.
Persons: Taylor Swift, Bernstein, Richard Clarke, Clarke, Swift Organizations: Wall, Federal Reserve Locations: U.S, Nashville, Beyoncé's, Philadelphia
[1/2] Cars are shown lined up at the valet parking area outside the Creative Artists Agency building in Los Angeles, California, September 24, 2012. REUTERS/Jonathan Alcorn Acquire Licensing RightsPARIS, Sept 7 (Reuters) - French luxury goods billionaire Francois-Henri Pinault has reached an agreement for a majority stake in Creative Artists Agency (CAA), adding Hollywood's premiere talent agency to his family empire which spans fashion, wine and contemporary art, parties involved said on Tuesday. The presence of stars like Beyonce, Zendaya and Rihanna have become key to drawing the spotlight to fashion shows, and Kering's larger rival LVMH(LVMH.PA) recruited Pharrell Williams to head menswear designs for Louis Vuitton. TPG first invested in CAA in 2010 and, in 2014, increased its stake to 53% in a deal valuing the agency at $1.1 billion. Global investment firm Temasek will remain a minority investor in the agency while CMC Capital will remain a "strategic partner", according to a statement.
Persons: Jonathan Alcorn, Francois, Henri Pinault, Pinault, Gucci, Beyonce, Zendaya, Rihanna, Pharrell Williams, Louis Vuitton, Pinault's, Salma Hayek, Valentino, perfumer, Bryan Lourd, Kevin Huvane, Richard Lovett, Lourd, Sudip Kar, Mimosa Spencer, Dawn Chmielewski, Jonathan Oatis, Tomasz Janowski, Timothy Gardner Organizations: Creative Artists Agency, REUTERS, Rights, CAA, Artemis, TPG, Global, CMC Capital, Thomson Locations: Los Angeles , California, Los Angeles, Hollywood, Temasek, Paris
A Dishy Tell-All About Emily Weiss’s Glossier
  + stars: | 2023-09-07 | by ( Hunter Harris | ) www.nytimes.com   time to read: +2 min
GLOSSY: Ambition, Beauty, and the Inside Story of Emily Weiss’s Glossier, by Marisa MeltzerA Glossier brick and mortar opened in my neighborhood last fall, and because that neighborhood is Williamsburg, I could comfortably declare it to be the brand’s time of death. Here lies Glossier, the millennial pink tombstone’s black etching would read, makeup for pretty people. That the Williamsburg Glossier is neighbored by retail stores for Parachute (bedding), Mejuri (jewelry) and Warby Parker (glasses) does not feel coincidental; all the formerly online-only direct-to-consumer brands are arranged on North Sixth Street in a neat little row. But when the first permanent Glossier showroom opened in SoHo in 2016, it was the cool girl’s place to go after work. Its founder, Emily Weiss, remains the star student in a class of girl bosses who have either imploded or flamed out.
Persons: Emily Weiss’s Glossier, Marisa Meltzer, Glossier, Warby Parker, Beyoncé, ingeniously, Emily Weiss, Audrey Gelman, clawing, Weiss Organizations: Sixth, Social Locations: Williamsburg, SoHo, Cobble Hill
Beyoncé Fuels a Small-Business Boom
  + stars: | 2023-09-06 | by ( Sanam Yar | ) www.nytimes.com   time to read: +1 min
When Virgo season dawned, Beyoncé — perhaps the world’s most famous Virgo, who named a track on her seventh album, “Renaissance,” after the star sign — had a birthday request. The performer, now in the last month of her Renaissance World Tour, posted a message on her website and Instagram on Aug. 23 encouraging fans to wear silver to her concerts through Virgo season, which ends on Sept. 22. “We’ll surround ourselves in a shimmering human disco ball each night,” the message read. Virgo season together in the house of chrome.”The tour has already been a fashion show, with attendees wearing bejeweled cowboy hats and more looks inspired by the album’s visuals and Beyoncé’s stage outfits. On TikTok, concertgoers posted videos of their original non-silver looks set to audio of high-pitched screaming.
Persons: Beyoncé —, , concertgoers, Gayle King, Rosie O’Donnell Locations: Las
Tom Brady will be a strategic adviser to Delta
  + stars: | 2023-09-06 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +2 min
New York CNN —Tom Brady has a new employer: Delta Air Lines. The seven-time Super Bowl champion is expanding his post-NFL career business ventures, joining Delta to work on internal employee training and appear in external advertising campaigns. Delta said Wednesday that Brady would become a “strategic adviser” to the airline. Brady will partner with Delta to develop and advise on “teamwork tools” for the airline’s more than 90,000 employees and take part in select marketing campaigns, the company said. Brady founded health and wellness company TB12 Sports and also owns a media company and the Brady Brand clothing line.
Persons: Tom Brady, Delta, Brady, , , Ed Bastian’s, Allen Adamson, ” Brady, Adamson, BlackBerry, Alicia Keys, will.i.am, Lady Gaga, Beyoncé Knowles, Brady Brand Organizations: New, New York CNN, Delta Air Lines, NFL, Delta, Intel, Polaroid, Adidas, TB12 Sports, British soccer, Birmingham City, League Pickleball, Fox Sports Locations: New York, Delta
The Biggest Rock Star Flex Is Bringing Your Kids Onstage
  + stars: | 2023-09-05 | by ( Ilana Kaplan | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/arts-culture/music/musician-kids-on-stage-beyonce-blue-ivy-d89705c9
Persons: Dow Jones
Beyoncé got a birthday serenade from Diana Ross
  + stars: | 2023-09-05 | by ( Marianne Garvey | ) edition.cnn.com   time to read: +1 min
CNN —It would be hard to imagine a bigger or better birthday celebration than Beyoncé’s on Monday. During the singer’s “Renaissance World Tour” concert in Los Angeles, Diana Ross surprised the crowd when she stepped on stage to serenade Bey with a rendition of “Happy Birthday.”“I’m here to celebrate Beyoncé’s birthday,” Ross said as Beyoncé hugged her tight. When Ross was finished, Beyoncé, who turned 42, told her, “Thank you so much, you are so amazing.”“This is the legendary Diana Ross! Thank you so much.”Diana Ross just sang happy birthday to Beyonce!!! #RENAISANCEWorldTour pic.twitter.com/KMtsFQISQ1 — kelechi (@its_kelechi) September 5, 2023Kim Kardashian was in attendance and shared a video of the two on stage on her Instagram Story, writing, “A birthday song from @dianaross.”Beyoncé had previously serenaded Ross in 2019 when Ross turned 75.
Persons: Diana Ross, Bey, , ” Ross, Beyoncé, Ross, Beyonce, Kim Kardashian, , ” Beyoncé, serenaded Ross Organizations: CNN Locations: Los Angeles
Taylor Swift performs onstage during "Taylor Swift | The Eras Tour" at SoFi Stadium on August 09, 2023 in Inglewood, California. Concert and event ticket scamsFans were especially eager to see big-ticket acts like Beyonce and Taylor Swift as they toured this summer. Vacation lodging scamsVacationers who sought rentals or other services in popular destinations may have found themselves prey to fake listings. Such vacation scams meant travelers could find themselves out money as well as a place to stay. "But at the end of the day, those listings are fake listings, which puts consumers at risk," he said.
Persons: Taylor Swift, Kevin Winter, Beyonce, Fabara, Rob Bonta, Letitia James, Roomster, James, Tashdique Mehtaj Ahmed Organizations: Getty, Visa, New York, Federal Trade Commission, FTC, Federal Student Aid Locations: Inglewood , California, California, U.S, York
CNN —Coco Gauff says she drew inspiration from Justin Bieber during her third-round comeback victory at the US Open on Friday, rallying after she saw the singer in the crowd on the big screen. “I definitely saw who was there,” the 19-year-old said on the ESPN broadcast after the match. I guess it was a little date night for them, which was really cool.”Coco Gauff reached the fourth round of the US Open. But there is one celebrity who has not yet seen Gauff play and who she said would leave her completely starstruck. “If (Beyoncé) ever came, oh, my goodness, I hope they would not show her on the screen.
Persons: Coco Gauff, Justin Bieber, , , Gauff, Belgium’s Elise Mertens, CNN Bieber, Hailey, Jimmy Butler, , Barack, Obama, Michelle Obama, Justin, Lev Radin, Billie Jean King, Anna Wintour, Lindsey Vonn, , Caroline Wozniacki Organizations: CNN, ESPN, Wimbledon, NBA, Reuters, Anadolu Agency, Getty, WTA, Marvel
Opinion | Anxiety in the Age of Barbie
  + stars: | 2023-09-02 | by ( Maureen Dowd | ) www.nytimes.com   time to read: 1 min
It was “the summer of girl power,” a tour de force by a glittering troika. With pink dream houses, songs and sequins, Barbie, Taylor Swift and Beyoncé buoyed the economy and sent women’s confidence soaring. It is a major topic among moms: daughters struggling with anxiety or the effects of anti-anxiety medications, which can include weight gain and loss of libido. Many young college women are ping-ponging between anxiety, without pills, and numbness and body insecurity, with them. These young women seem to have everything, yet they are unable to fully enjoy a stretch in their life that should be sizzling with adventure and promise.
Persons: Barbie, Taylor Swift
Star-struck Gauff uses Bieber as motivation for comeback win
  + stars: | 2023-09-02 | by ( ) www.reuters.com   time to read: +2 min
Gauff dropped the opening set at Arthur Ashe Stadium but rallied, sealing a 3-6 6-3 6-0 win and reaching the fourth round with Bieber and his wife, Hailey, watching. "I definitely saw who was there," Gauff said on the ESPN broadcast after the match. "I thought, 'I cannot lose in front of Justin Bieber'. "I got a little tight when I first saw him, then I remembered President (Barack) Obama and Michelle Obama were at my first-round match." Sixth seed Gauff, who is chasing her first Grand Slam title, said she was honoured to have celebrities in the stands during her matches this year.
Persons: Justin Bieber, Hailey Bieber, Coco Gauff, Belgium's Elise Mertens, Shannon Stapleton, Elise Mertens, Gauff, Arthur Ashe, Bieber, Hailey, Barack, Obama, Michelle Obama, Jimmy Butler, Katie Holmes, it's, Justin, Caroline Wozniacki, Shrivathsa Sridhar, gErry Doyle Organizations: Tennis, U.S, ESPN, Miami Heat, Thomson Locations: Flushing Meadows , New York, United States, Bengaluru
5Pop Star DebatesAs a gay man, I think that a big part of our culture is having our favorite pop star. I love a healthy debate over who’s the best singer, who has the best concert, who has the best dress. They bring us a lot of joy, a lot of laughter, a lot of camp, a lot of comedy. But I feel like drag right now is being used as a political thing to divide and distract people. So it’s [expletive] that people are trying to demonize drag queens as groomers and pedophiles and something that’s wrong.
Organizations: Madison, New York Locations: New York City
REUTERS/Mike Blake/File Photo Acquire Licensing RightsNEW YORK, Aug 31 (Reuters) - "Barbenheimer" - the twin-bill summer box office phenom - sure helped to drive U.S. consumers back to cinemas last month, but movie-going is still struggling to catch up to other recreational spending categories post-pandemic. While that helped long-suffering box office receipts, it made less of a splash for overall consumer spending when compared to larger categories like clothing and household furnishings, economists at Oxford Economics said. It made a big difference in the live-event spending area though, at least for the moment. This summer’s box office has been out of the ordinary with ticket sales for the season up $500 million from last summer’s sales, according to data firm Box Office Mojo. While other categories of live-event spending have fully recovered from the hit delivered by pandemic shutdowns, film attendance outlays remain at roughly 65% of their pre-COVID levels.
Persons: Mike Blake, Oppenheimer, Michael Pearce, Taylor, Amina Niasse, Dan Burns, Andrea Ricci Organizations: REUTERS, Commerce Department, Warner Bros, Oxford Economics, Graphics, Mojo, Sporting, Federal Reserve Bank of Philadelphia, Gillette, Billboard, Thomson Locations: Los Angeles , California, U.S, Massachusetts
Taylor Swift, Beyonce, Barbie, Oppenheimer Getty ImagesConsumer spending may not be out of the woods. Real spending is expected to come in 1.9% higher in the third quarter, helped in part by stadium tours from music superstars Taylor Swift and Beyoncé, as well as summer movie blockbusters "Barbie" and "Oppenheimer," according to Morgan Stanley. Taken together, Morgan Stanley economist Sarah Wolfe said the "unprecedented" revenues tied to these events should add a seventh of one percentage point to consumption growth in the quarter. Simultaneously, Wolfe said the return of student loan payments this fall should pull consumption down another by another eighth of a percentage point. "In 4Q, these factors not only unwind, but the October expiration of the student loan moratorium further weighs on consumption."
Persons: Taylor Swift, Beyonce, Barbie, Oppenheimer, Morgan Stanley, Sarah Wolfe, Wolfe Organizations: Oppenheimer Getty, PCE Locations: U.S
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