LSU athletics' net profit for the 2023 fiscal year was a little lower than the year before, but the department still came out ahead, according to annual revenue and expenses documents filed to the NCAA today.Â
U.S. bankruptcy filings surged by 18% in 2023 on the back of higher interest rates, tougher lending standards and the continued runoff of pandemic-era backstops, although insolvency case volumes remain well below the level seen before the outbreak of COVID-19, Reuters reports.Â
It was the year of the AI boom and the IPO drought, of still-too-high inflation yet startling economic strength, of return-to-office resolutions and resentment. Entrepreneurship also remained alive and well in 2023.