From Coachella to Burning Man, festivals are having a bad year

Regular attendees at Burning Man, an annual week-long festival in the Nevada desert, normally scramble to buy tickets. This year they are scrambling to sell them. The gathering of hippies and billionaires, which begins on August 25th, has failed to sell out for the first time since 2010. Tickets with a face value of $575 are being flogged on the secondary market at less than half-price.