The acquisition of Liverpool FC in 2010 by the sports marketing company Fenway Sports Group (FSG) for a purchase price of £300m marked the beginning of a new phase in the history of club ownership.Continue Reading
There is an evident trend of developers monetizing the products they have created through their partnerships with OpenAI and tapping in on their large user bases as a source of profit — even when that user base consists heavily of students. Continue Reading
As inflation continues its upwards hike, savvy consumers can respond to the increased interest rates by shopping for a better savings account option. Protected from the variability and risk of investing in the stock market itself, there are four great accounts that can provide a safe alternative for savings without allowing it to sit idly losing value due to inflation.Continue Reading
Cultured meat is shining as the environmentally friendly, cruelty-free alternative to conventional meat. However, issues of ethics, price, and resources still stand in the way and show that this scientific milestone is far from perfect.Continue Reading
Among other factors, the distribution of some $5 trillion of pandemic stimulus likely compelled the Federal Reserve to enact monetary policy to counter inflation. If financial tightening persists, investors might be urged to consider the long-term implications for the stock market in today’s post-pandemic world.Continue Reading
Previously, electric cars were viewed as a poor class of vehicles to be looked down upon; with the release of the Model S, Tesla became a “gold standard” of automotive production and served as a model for other automakers to base their cars on. Tesla had beaten every automaker to the jump on stylish, efficient, and powerful cars, and other leaders of the industry were scrambling to compete.Continue Reading
While the Nordic model may not be completely suitable for other countries, or even sustainable in the long-term, it can still inform our understanding of how other regions around the world can be improved. Key ingredients for its success thus far, such as social cohesion and low levels of inequality, are phenomena to study, and potentially emulate, that could benefit individuals worldwide.Continue Reading
Different from exchange verification, ATM transactions tend to ask only for one’s ID and phone number — and sometimes only one’s phone number. Besides keeping one’s information more secure by asking for less of it, this lower verification threshold could help further democratize finance, allowing entry for those unable to create an exchange, brokerage, or even bank account.Continue Reading
Macroeconomic theory suggests that without any outside intervention, the macroeconomy will self-adjust and return to its long-run state after short-term shocks. The decision for policymakers thus boils down to a cost-benefit analysis taking into account factors like intertemporality and risk tolerance — they can either wait and allow the economy to adjust organically, or sink resources into actively trying to stabilize the economy, taking on the risk of further destabilizing it.Continue Reading