What was born from indigenous traditions. Centuries ago, La Crosse slowly evolved to a sport for the wealthy, often played at elite universities and private schools. At the University of Pennsylvania, which is playing Harvard at Cambridge, Massachusetts.Take a look at the map right here. Of the top 30 incoming 2025 freshman D-1 players, more than 80% of them come from towns with a higher median household income than the national median. And majority of them are also going to some of the most expensive unive ...

Economic Cycles - The economy functions like a machine, driven by short-term and long-term debt cycles [4] - Short-term debt cycles, typically lasting 5 to 8 years, are primarily controlled by the central bank through interest rate adjustments [5] - These cycles involve expansion fueled by credit, leading to inflation, followed by contraction (recession) when the central bank raises interest rates [1][2][3] - Long-term debt cycles occur because debts rise faster than incomes over decades, leading to a debt burden [6] - The ratio of debt to income is called the debt burden, which remains manageable as long as incomes rise [7] Debt and Credit - Spending increases are fueled by credit, which can be created instantly [1] - When credit is easily available, there's an economic expansion; when it's not, there's a recession [4] - Rising incomes and asset values help borrowers remain creditworthy for a long time, even with accumulating debt [8] - At some point, debt repayments grow faster than incomes, forcing people to cut back on spending, leading to a reversal of the cycle [9] - Debt burdens become too big, leading to deleveraging, as seen in 2008 in the United States and Europe [10][11] Inflation and Deflation - Inflation occurs when spending and incomes grow faster than the production of goods, causing prices to rise [1] - The central bank raises interest rates to combat inflation [2] - Deflation occurs when people spend less, causing prices to go down, leading to a recession [3] Human Behavior - People have an inclination to borrow and spend more instead of paying back debt, pushing the economy [5] - Lenders freely extend credit because everyone thinks things are going great, focusing on rising incomes and asset values [6] - People borrow huge amounts of money to buy assets as investments, causing their prices to rise even higher, creating a boom and potentially a bubble [8][7]

expansion in Southeast Asia is moving faster than we imagined.Mori💢Tabi (@Momoxu7):Some interesting news about tabi. 💢 https://t.co/g9XU16oPAn ...

Project Proposal - London Heathrow Airport submitted a £49 billion (490 亿英镑) expansion proposal to the UK government [1] - The proposal includes the construction of a controversial third runway [1]

Growth Strategy - Robinhood aims to expand globally, targeting billions of potential users beyond the US market [1] - The company intends to evolve from a retail-focused platform to a comprehensive financial super app serving both retail customers and businesses/institutions [1] Competitive Landscape & Partnerships - The financial services industry inherently involves competition among companies seeking to increase customer assets and wallet share [3] - As companies grow and diversify, collaborative partnerships with counterparties are expected [3] - The industry is observing collaborations like JP Morgan and Coinbase linking wallets to bank accounts [2]

Marine towing company Groupe Ocean plans to expand to new markets after securing new capital and restructuring its shareholder base in transactions that value the business at around C$600 million ($440 million) https://t.co/W1OX0wXBlg ...

Media Rights & Revenue - MLB aims to consolidate national and local media rights to create more valuable packages for potential buyers, increasing national exposure and reach [6][7] - MLB is confident in securing significant rights fee increases in 2028 by having all content available, including playoffs and regular season games [2][3] - Centralizing media revenue and sharing it equally (1/30) among teams could reduce the need for local revenue sharing, appealing to large market teams [9] - MLB is close to finalizing a Sunday package deal with multiple bidders, including NBC, Apple, and ESPN [11][12] - International rights, especially concerning players like Shohei Ohtani, will be a significant component of future media rights deals [39][40] Competitive Balance & Player Relations - MLB acknowledges the significant spending difference between high and low-spending teams and is considering solutions to improve competitive balance [17] - MLB recognizes the players union's stance against a salary cap but aims to convince players that any system changes will benefit everyone [19][20] - MLB intends to address concerns about competitive balance, acknowledging fans' concerns in various markets [16] Game Integrity & Gambling - MLB emphasizes transparency in sports betting through partnerships and monitoring systems to defend the integrity of the game [42][43] - MLB's policy regarding players involved in gambling scandals allows posthumous Hall of Fame eligibility, distinguishing between living and deceased individuals [44][45] Fan Engagement & Growth - MLB attributes the spike in ratings to a better on-field product and rule changes that have made the game faster and more action-packed [22] - MLB is investing heavily in youth participation, with youth programming showing measurable returns and MLB becoming the fastest-growing major sport [55][56] - MLB is actively promoting its stars through multifaceted marketing programs, including social media engagement [25][28] Expansion & Future Initiatives - MLB is committed to resolving the situations with the Athletics and the Tampa Bay Rays before considering expansion [35][36] - MLB is considering expansion by two teams, ideally one in the Eastern Time Zone and one in the Mountain or Western Time Zone [37] - MLB anticipates expansion fees to be in the billions, given recent franchise value developments [38] - MLB is actively considering participation in the 2028 Los Angeles Olympics, viewing it as a marketing opportunity [50][51]

Meanwhile, a few moments ago, we did get services PMI. Rick Santelli has that for us. Rick.Yes, David. This is the first batch. This is from S&P Global.ISM at the top of the hour. These are final reads. So, 53.1% gets downgraded just a bit uh to 52.9%.Still above 50. Haven't been below 50 since Jan 23. This will be the weakest just since April.So, solid numbers in expansion territory. And if you look at the composite that was serviced, the composite composite actually improved by a 10 from 528 to 52.9%. Als ...

Exciting news for the WNBA today. The league announcing new franchises will be coming to three cities, Cleveland, Detroit, and Philadelphia that will bring the total over the next five years to 18 teams. Let's bring in CNBC sports reporter Alex Sherman. Alex, yeah, big news, a a historic day for the WNBA today. You mentioned three new teams coming. Really, the WNBA is in fullon expansion mode right now. Golden State was introduced to the league this season. Toronto and Portland will be getting teams startin ...

WNBA Expansion - WNBA is adding three new teams in Cleveland, Detroit, and Philadelphia, bringing the total to 18 teams [1] - Expansion includes the Toronto Tempos in 2026 and the Portland Fire in 2026 [2] - New teams will be added in Cleveland (2028), Detroit (2029), and Philadelphia (2030) [3] Economic Impact - One academic study estimates that Caitlyn Clark has contributed $1 billion to the WNBA for 2024 [4] - This contribution represents 265% of the total economic impact of the WNBA [5] Future Expansion Considerations - Cities like St Louis, Kansas City, Austin, Nashville, Houston, Miami, Denver, and Charlotte, North Carolina had bids turned down [5] - Houston was noted as a strong contender for future expansion [6]