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Prom price index shows cost of celebration is getting relatively cheaper – even at a time of high inflation

  • Written by: Jay L. Zagorsky, Clinical Associate Professor, Boston University
Prom price index shows cost of celebration is getting relatively cheaper – even at a time of high inflationProm is more than just a big dance party – and can cost a pretty penny.AP Photo/Paul Ratje

Going to the prom can be an expensive affair for cash-strapped teenagers. Past estimates and surveys put the average cost anywhere from US$600 to $1,000or more. Some teens reportedly spend upward of $2,000 on the traditional dancing ritual at...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...

For Midsize Companies, Global Payroll Systems Matter More to Business-Security Than You Think

When a midsize company expands across borders, its payroll operation becomes exponentially more complex. These organisations typically face a new ...