Tag «inflation»

The US Open Champion Will Take Home $5.5 Million. For Two Weeks.

The US Open kicked off this week, and buried in the schedule is a number that stopped me mid-scroll: the singles champion walks away with $5.5 million. Not for a season. Not for a career. For two weeks of tennis. The total prize pool this year is $108 million, up 20% from last year and …

Back-to-School Shopping Quietly Became a Financial Stress Test

Somewhere between the three-ring binders and the “suggested donation” for classroom supplies, back-to-school shopping quietly turned into one of the more stressful line items on the family calendar, and this year it’s worse than usual. New numbers out this month show families planning to spend less on the actual shopping trip than they did last …