The bottom line

■ The share of prime-age Americans (25 to 54) who are part of the workforce is now higher than it was before the pandemic: 83.1 percent, compared with 83.0 percent in February 2020.The overall participation rate is down (62.6 percent, from 63.3 percent in February 2020), but that is due to the Baby Boomer generation retiring.

Axios

■ America’s largest bridal retailer, David’s Bridal, filed for bankruptcy for a second time this week after its cash on hand dwindled to $4.4 million.The wedding rate fell to its lowest level in 121 years in 2020 and has remained lower than normal. There were 1.9 million weddings in 2022, down from roughly 2.2 million a year before 2020.

The Wall Street Journal

■ The Phantom of the Opera grossed $3.65 million in its final week on Broadway, with some tickets going for $4,000 each on third-party seller sites.The show grossed over $1.3 billion since debuting in 1988.

CNBC.com

■ New York again topped the list of the world’s wealthiest cities, boasting some 340,000 millionaires last year. California’s Bay Area topped the world in billionaires, with 63 of them living around Silicon Valley and San Francisco.

Bloomberg

■ The median U.S. asking rent fell 0.4 percent year over year to $1,937 in March, the first annualized decline since March 2020. Rents are still 20 percent higher than they were before the pandemic.

Axios

■ The IRS answered 2.4 million more taxpayer phone calls with live assistance this year through April 7 than in the same period last year. Wait times fell to four minutes, from a sitcomlength 27 minutes a year ago.

The Wall Street Journal