--- title: "Digits: Harry Styles, Formula 1 inflation, and more - The Hustle" description: "Plus: Ridiculous personal finances, and the queen’s 70th anniversary." image: https://hs-sbup.thehustle.co/hubfs/The%20Hustle%20News/Assets/Images/1458778000-HS-News-Brief_2022-06-05T213424.088Z.webp --- # Digits: Harry Styles, Formula 1 inflation, and more ![Jacob Cohen](https://thehustle.co/wp-content/uploads/2021/01/IMG_5670-1-modified-768x768.png?width=48&height=48&name=IMG_5670-1-modified-768x768.png) [Jacob Cohen](https://hs-sbup.thehustle.co/author/jacob-cohen) [Jacob Cohen Twitter profile ](https://twitter.com/ImJacobCohen) Published: June 06, 2022 Updated: October 11, 2023 **1) **Harry Styles’ *Harry’s House* album brought in $7.26m in US sales during its first week. But here’s the kicker — $4.49m of that came from [**182k vinyl sales**](https://www.billboard.com/pro/harry-styles-house-album-earned-one-week/). The medium has exploded in recent years, a trend we [explored here](https://thehustle.co/the-insane-resurgence-of-vinyl-records/). ![Digits: Harry Styles, Formula 1 inflation, and more](https://hs-sbup.thehustle.co/hs-fs/hubfs/The%20Hustle%20News/Assets/Images/1458778000-HS-News-Brief_2022-06-05T213424.088Z.webp?width=595&height=400&name=1458778000-HS-News-Brief_2022-06-05T213424.088Z.webp) **2) **Everyone’s feeling inflation — even Formula One racing. Teams like Red Bull, Ferrari, and Mercedes are worried the uptick in prices across logistics and energy will push them over the sport’s [**$140m budget cap**](https://www.cnbc.com/2022/06/04/red-bull-ferrari-and-mercedes-say-no-way-of-staying-below-budget-cap-as-they-fear-f1-penalties.html) for each team. **3) **On Friday, the National Highway Traffic Safety Administration said it recently asked Tesla to respond to reports on [**758 incidents**](https://electrek.co/2022/06/03/tesla-respond-increase-phantom-braking-complaints/) of unexpected “phantom braking” in its cars. **4) **Studies show Americans are profoundly influenced by celebrities when it comes to personal finance. One found [**45% of crypto owners**](https://morningconsult.com/2021/09/21/kim-kardashian-crypto-celebrity/) would invest in coins with celebrity endorsements. Another found [**28% of Gen Z**](https://www.creditcards.com/statistics/financial-influence-poll/) seeks financial advice from social media. **5) **According to the Centre for Retail Research — yes, *Centre* — UK consumers were [**expected to spend $510m**](https://www.wsj.com/articles/brands-release-special-products-packaging-for-queen-elizabeths-platinum-jubilee-11653472801) on festivities and souvenirs for Queen Elizabeth II’s Platinum Jubilee this past weekend, marking her 70th anniversary as queen. 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