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The Federal Reserve Bank of Philadelphia announced this month that Taylor Swift’s tour helped boost travel and tourism in the region, a claim also made by several other U.S. cities regarding the musician’s widely popular concerts.  Market research firm QuestionPro estimated last month that her tour could help add $5 …

Washington — Media mogul Barry Diller suggested top Hollywood executives and the highest-paid actors take a 25% pay cut “to try and narrow the difference” between the highest and lowest earners in the industry as TV and movie actors joined screenwriters on strike.  “Everybody’s probably overpaid at the top end,” …

The New York Times will eliminate its 35-member sports desk and plans to rely on staff at The Athletic, a sports news startup the media outlet bought last year, for coverage on that topic, the paper announced Monday.  Two of the newspaper’s top editors — Joe Kahn and Monica Drake …