Tracey Mumford

Gen Z, so those roughly in their mid-teens to mid-twenties now, are paying much more for tickets than previous generations did at their age. Almost 30 years ago, in 1996, when people might have been clamoring to see the Backstreet Boys or the Warped Tour, the average ticket price was about $25, or $50 with inflation. But last year, average ticket prices were nearly three times that, at $135.

Gen Z, so those roughly in their mid-teens to mid-twenties now, are paying much more for tickets than previous generations did at their age. Almost 30 years ago, in 1996, when people might have been clamoring to see the Backstreet Boys or the Warped Tour, the average ticket price was about $25, or $50 with inflation. But last year, average ticket prices were nearly three times that, at $135.

Gen Z, so those roughly in their mid-teens to mid-twenties now, are paying much more for tickets than previous generations did at their age. Almost 30 years ago, in 1996, when people might have been clamoring to see the Backstreet Boys or the Warped Tour, the average ticket price was about $25, or $50 with inflation. But last year, average ticket prices were nearly three times that, at $135.

The average ticket price for Taylor Swift's Heiress tour was $1,000. That hasn't necessarily stopped people from going to concerts, though. A survey by one marketing agency found that Gen Z's been breaking their budgets to make it work. 86% of respondents admitted they had overspent on concerts. A top reason? FOMO. Fear of missing out.

The average ticket price for Taylor Swift's Heiress tour was $1,000. That hasn't necessarily stopped people from going to concerts, though. A survey by one marketing agency found that Gen Z's been breaking their budgets to make it work. 86% of respondents admitted they had overspent on concerts. A top reason? FOMO. Fear of missing out.

The average ticket price for Taylor Swift's Heiress tour was $1,000. That hasn't necessarily stopped people from going to concerts, though. A survey by one marketing agency found that Gen Z's been breaking their budgets to make it work. 86% of respondents admitted they had overspent on concerts. A top reason? FOMO. Fear of missing out.

But what they're really missing out on is just not having been alive in the 1970s when they apparently could have seen Bruce Springsteen for, wait for it, $8. Those are the headlines. I'm Tracy Mumford. We'll be back tomorrow.

But what they're really missing out on is just not having been alive in the 1970s when they apparently could have seen Bruce Springsteen for, wait for it, $8. Those are the headlines. I'm Tracy Mumford. We'll be back tomorrow.

But what they're really missing out on is just not having been alive in the 1970s when they apparently could have seen Bruce Springsteen for, wait for it, $8. Those are the headlines. I'm Tracy Mumford. We'll be back tomorrow.

From The New York Times, it's The Headlines. I'm Tracey Mumford. Today's Tuesday, March 4th. Here's what we're covering. Just after midnight, the sweeping new tariffs that President Trump has been threatening against America's largest trading partners kicked in. There's now a new 25% surcharge on products from Canada and Mexico and an extra 10% on goods from China on top of existing tariffs.

From The New York Times, it's The Headlines. I'm Tracey Mumford. Today's Tuesday, March 4th. Here's what we're covering. Just after midnight, the sweeping new tariffs that President Trump has been threatening against America's largest trading partners kicked in. There's now a new 25% surcharge on products from Canada and Mexico and an extra 10% on goods from China on top of existing tariffs.

From The New York Times, it's The Headlines. I'm Tracey Mumford. Today's Tuesday, March 4th. Here's what we're covering. Just after midnight, the sweeping new tariffs that President Trump has been threatening against America's largest trading partners kicked in. There's now a new 25% surcharge on products from Canada and Mexico and an extra 10% on goods from China on top of existing tariffs.

President Trump had been framing the tariffs as a national security issue, claiming that Canada and Mexico in particular weren't doing enough to stop migrants and fentanyl from coming into the U.S. Those countries have spent weeks scrambling to show Trump that they were stepping up enforcement. But yesterday, hours before the tariffs started, Trump seemed to move the goalposts.

President Trump had been framing the tariffs as a national security issue, claiming that Canada and Mexico in particular weren't doing enough to stop migrants and fentanyl from coming into the U.S. Those countries have spent weeks scrambling to show Trump that they were stepping up enforcement. But yesterday, hours before the tariffs started, Trump seemed to move the goalposts.

President Trump had been framing the tariffs as a national security issue, claiming that Canada and Mexico in particular weren't doing enough to stop migrants and fentanyl from coming into the U.S. Those countries have spent weeks scrambling to show Trump that they were stepping up enforcement. But yesterday, hours before the tariffs started, Trump seemed to move the goalposts.

He suggested that the only way out of the surcharges would be for auto companies and other manufacturers to relocate to the U.S.

He suggested that the only way out of the surcharges would be for auto companies and other manufacturers to relocate to the U.S.

He suggested that the only way out of the surcharges would be for auto companies and other manufacturers to relocate to the U.S.

The tariffs are already sending shockwaves through the economy. The stock market had its biggest drop-off of the year when it became clear they were about to take effect. And economists say Americans will probably see higher prices on a wide range of products. The first place they're going to feel it is the grocery store.

The tariffs are already sending shockwaves through the economy. The stock market had its biggest drop-off of the year when it became clear they were about to take effect. And economists say Americans will probably see higher prices on a wide range of products. The first place they're going to feel it is the grocery store.