The post Mercedes-Benz Partnership With WTA Is ‘Ideal Strategic Fit’ appeared on BitcoinEthereumNews.com. RIYADH, SAUDI ARABIA – NOVEMBER 09: Coco Gauff of the United States celebrates her win against Qinwen Zheng of China during the Singles Final at King Saud University Indoor Arena of the WTA Finals Riyadh as part of the Hologic WTA Tour 2024 on November 09, 2024 in Riyadh, Saudi Arabia. (Photo by Matthew Stockman/Getty Images for WTA) Getty Images for WTA With the WTA “close to finalizing” a multiyear deal with Mercedes-Benz to be the organization’s “new premier partner beginning in 2026,” one industry expert calls it an “ideal strategic fit.” “There has never been a better time to invest in women’s professional sports,” Anne Worcester, the former WTA CEO (1994-98), said via text. “Partnering with the WTA makes perfect sense for a global luxury brand. The WTA’s 50+ tournaments across six continents deliver unmatched international media reach and a highly desirable 50% male/50% female affluent audience. For a brand like Mercedes-Benz, that combination of global scale and premium audience is an ideal strategic fit.” After her career with the WTA, Worcester was the Tournament Director of the Pilot Pen tennis tournament at Yale, a WTA and ATP event, when Mercedes-Benz was a major sponsor of the ATP. “Their strategic plans and on-site activations were second to none,” she said. “They truly know how to leverage a global sponsorship.” ESPN”s Patrick McEnroe added via text: “This is tremendous news for women’s sports….and proves yet again that tennis is globally red-hot.” HARD COURT first reported the Mercedes-Benz deal on Monday, saying it “is expected to be the largest sponsorship in women’s sports history” and includes “net sponsor exclusivity across all WTA tournaments but not title sponsorship rights in the true sense of the word.” The WTA did not immediately respond for comment. Via HARD COURT sources, the report says Mercedes… The post Mercedes-Benz Partnership With WTA Is ‘Ideal Strategic Fit’ appeared on BitcoinEthereumNews.com. RIYADH, SAUDI ARABIA – NOVEMBER 09: Coco Gauff of the United States celebrates her win against Qinwen Zheng of China during the Singles Final at King Saud University Indoor Arena of the WTA Finals Riyadh as part of the Hologic WTA Tour 2024 on November 09, 2024 in Riyadh, Saudi Arabia. (Photo by Matthew Stockman/Getty Images for WTA) Getty Images for WTA With the WTA “close to finalizing” a multiyear deal with Mercedes-Benz to be the organization’s “new premier partner beginning in 2026,” one industry expert calls it an “ideal strategic fit.” “There has never been a better time to invest in women’s professional sports,” Anne Worcester, the former WTA CEO (1994-98), said via text. “Partnering with the WTA makes perfect sense for a global luxury brand. The WTA’s 50+ tournaments across six continents deliver unmatched international media reach and a highly desirable 50% male/50% female affluent audience. For a brand like Mercedes-Benz, that combination of global scale and premium audience is an ideal strategic fit.” After her career with the WTA, Worcester was the Tournament Director of the Pilot Pen tennis tournament at Yale, a WTA and ATP event, when Mercedes-Benz was a major sponsor of the ATP. “Their strategic plans and on-site activations were second to none,” she said. “They truly know how to leverage a global sponsorship.” ESPN”s Patrick McEnroe added via text: “This is tremendous news for women’s sports….and proves yet again that tennis is globally red-hot.” HARD COURT first reported the Mercedes-Benz deal on Monday, saying it “is expected to be the largest sponsorship in women’s sports history” and includes “net sponsor exclusivity across all WTA tournaments but not title sponsorship rights in the true sense of the word.” The WTA did not immediately respond for comment. Via HARD COURT sources, the report says Mercedes…

Mercedes-Benz Partnership With WTA Is ‘Ideal Strategic Fit’

2025/12/10 00:39

RIYADH, SAUDI ARABIA – NOVEMBER 09: Coco Gauff of the United States celebrates her win against Qinwen Zheng of China during the Singles Final at King Saud University Indoor Arena of the WTA Finals Riyadh as part of the Hologic WTA Tour 2024 on November 09, 2024 in Riyadh, Saudi Arabia. (Photo by Matthew Stockman/Getty Images for WTA)

Getty Images for WTA

With the WTA “close to finalizing” a multiyear deal with Mercedes-Benz to be the organization’s “new premier partner beginning in 2026,” one industry expert calls it an “ideal strategic fit.”

“There has never been a better time to invest in women’s professional sports,” Anne Worcester, the former WTA CEO (1994-98), said via text. “Partnering with the WTA makes perfect sense for a global luxury brand. The WTA’s 50+ tournaments across six continents deliver unmatched international media reach and a highly desirable 50% male/50% female affluent audience. For a brand like Mercedes-Benz, that combination of global scale and premium audience is an ideal strategic fit.”

After her career with the WTA, Worcester was the Tournament Director of the Pilot Pen tennis tournament at Yale, a WTA and ATP event, when Mercedes-Benz was a major sponsor of the ATP.

“Their strategic plans and on-site activations were second to none,” she said. “They truly know how to leverage a global sponsorship.”

ESPN”s Patrick McEnroe added via text: “This is tremendous news for women’s sports….and proves yet again that tennis is globally red-hot.”

HARD COURT first reported the Mercedes-Benz deal on Monday, saying it “is expected to be the largest sponsorship in women’s sports history” and includes “net sponsor exclusivity across all WTA tournaments but not title sponsorship rights in the true sense of the word.”

The WTA did not immediately respond for comment.

Via HARD COURT sources, the report says Mercedes will also “supply vehicles for WTA events” and is “expected to sign several WTA players to individual endorsement deals.”

Per HARD COURT, Mercedes-Benz “replaces the medical device and diagnostics company Hologic,” which has been the WTA’s title sponsor since 2022 and reportedly paid $18M-$20M per year.

The new deal, which has reportedly been in the works for some time, is expected to be announced shortly.

Source: https://www.forbes.com/sites/adamzagoria/2025/12/09/mercedes-benz-partnership-with-wta-is-ideal-strategic-fit/

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Fed rate decision September 2025

Fed rate decision September 2025

The post Fed rate decision September 2025 appeared on BitcoinEthereumNews.com. WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11-to-1 vote signaling less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4.00%-4.25%. Newly-installed Governor Stephen Miran was the only policymaker voting against the quarter-point move, instead advocating for a half-point cut. Governors Michelle Bowman and Christopher Waller, looked at for possible additional dissents, both voted for the 25-basis point reduction. All were appointed by President Donald Trump, who has badgered the Fed all summer to cut not merely in its traditional quarter-point moves but to lower the fed funds rate quickly and aggressively. In the post-meeting statement, the committee again characterized economic activity as having “moderated” but added language saying that “job gains have slowed” and noted that inflation “has moved up and remains somewhat elevated.” Lower job growth and higher inflation are in conflict with the Fed’s twin goals of stable prices and full employment.  “Uncertainty about the economic outlook remains elevated” the Fed statement said. “The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment have risen.” Markets showed mixed reaction to the developments, with the Dow Jones Industrial Average up more than 300 points but the S&P 500 and Nasdaq Composite posting losses. Treasury yields were modestly lower. At his post-meeting news conference, Fed Chair Jerome Powell echoed the concerns about the labor market. “The marked slowing in both the supply of and demand for workers is unusual in this less dynamic…
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BitcoinEthereumNews2025/09/18 02:44