House Reps. Introduce TICKET Act to Force Ticket Sellers to Disclose Base Price and Fees

US lawmakers recently introduced the TICKET Act, which aims to force ticket sellers to display upfront and at point of sale, all fees imposed as charges. The bipartisan bill formally titled as “Transparency In Charges for Key Events Ticketing” (TICKET) Act came around after the sale of Taylor Swift’s Era Concert Tour became “the last stroke that broke the camel’s back” so to speak. The TICKET Act forces ticket sellers and brokers to indicate the ticket base price and all the additional charges that increase the cost of a ticket. Such information must also be shown in events advertisements and …

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Is a College Degree Still Worth All the Trouble?

Recent surveys report that more employers are realizing that a 4-year college degree isn’t the best gauge of an applicant’s real value as a potential worker. That being the case, three educational institutions namely: Miami Dade College, Dallas College and Western Governors University, have launched an initiative to define and to establish individual skills that a broad range of employers consider as important. That way, providing education will either separate or combine relevant course work as requirements for earning a college degree. Apparently, there is a need for colleges and universities to overhaul the kind of college education programs being …

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Fastest Rising Inflation Rate Ever, from 0.4% in November to 7% in December

Economists surveying the Dow Jones are satisfied the rise in inflation rate didn’t exceed predictions, and expectations of how fast the CPI would increase. Based on the CPI gauge, the percentage increased by 7% last December 2021. It has been the fastest increase since June 1982, as the November gauge reflected only 0.4% increase in inflation rate. What Exactly is CPI?   CPI stands for consumer price index, which is an inflation gauge as it considers the costs of so many items in its calculations. According to the Bureau of Labor Statistics, the percentage had increased by 0.5% every month …

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