Author: EconLearner
LAS VEGAS, NEVADA – DECEMBER 16: Colby Covington of the United States looks on before a welterweight title fight against Leon Edwards of England during UFC 296: Edwards vs. Covington at T-Mobile Arena on December 16, 2023 in Las Vegas, Nevada. (Photo by Sean M. Haffey/Getty Images)Getty ImagesColby Covington has decided to retire from the sport of mixed martial arts and the UFC has removed him from the active roster. There are a few reasons for Covington’s retirement, but a recent bounce from the UFC Freedom 250 card appears to be the main reason.Key facts at a glanceFighter: Colby “Chaos”…
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Current Climate brings you the latest sustainability business news every Monday. Sign up to get it in your inbox.NurPhoto via Getty ImagesWCome back to Current Climate. Concerns about the health and environmental harms of petroleum-based plastic, particularly for its use in food, beverage and consumer product packaging, continue to grow and yet there is no sustainable, less harmful material to replace it. That could change. In a new scientific studyA group of US researchers has discovered that an alternative material derived from hemp has malleability and stretchability that is equivalent to or superior to conventional plastic and remains durable even…
Large-scale technology applications rarely fail because of technology alone. More often, trust is eroded when employees feel that decisions are made around them instead of with them, or when communication becomes inconsistent as growth pressures mount.For adoption to last beyond the launch week, change management teams must treat trust as an ongoing business priority, not a one-time messaging exercise. Below, its members Forbes Technology Council share practical ways leaders can earn that trust early and keep it at every stage of a major technology deployment. Rebuilding Changing playbooks around trustMany application playbooks are outdated and need to be rewritten to…
(Original Caption) Built for the Office of Strategic Services, this tiny “MB” camera – no bigger than its namesake, a matchbox – could easily be hidden in a man’s hand and used to capture a photograph under the cloak of such a simple gesture as lighting a cigarette or reading. Eastman Kodak reveals that it designed and built 1,000 of these cameras for use by OSS agents and underground forces during World War II.Bettmann ArchiveThe careful study of customers is as old as the business itself. Consumers would be miserable without a strong business interest in who they are. If…
Uber used up its entire 2026 AI budget by April, four months into the calendar year, after Anthropic’s Code Claude spread to about 5,000 engineers faster than the company’s financial models expected. Chief Technology Officer Praveen Neppalli Naga confirmed the exceedance to The Information, saying the company is back on plan for its affairs. Uber’s total R&D spend has arrived $3.4 billion in 2025a 9 percent year-over-year increase, which makes the budget collapse less about scale and more about a pricing model that enterprise finance teams haven’t learned how to manage.The revelation landed alongside a structural change from Anthropic itself.…
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US$100 bills, symbols of the global economy, are spread out on a table in Clermont-Ferrand France on June 12, 2025. (Photo by Romain Costaseca / Hans Lucas via AFP) (Photo by ROMAIN COSTASECA/Hans Lucas/AFP via Getty Images)Hans Lucas/AFP via Getty ImagesJust as the left seized upon the former laudatory designation of “liberal,” economists stole “inflation.” Once evidence of currency contraction, inflation has now become excessive economic growth. Worse, implicit in the impossibility of “excessive economic growth” is the utterly bankrupt Keynesian notion that government spending is the primary accelerator of economic growth. The latter is exactly what Larry Summers meant…
Photograph of downtown Buenos Aires, the ‘Paris of South America’. Could Argentina become a new Plan B for Americans looking for a second spare home?gettyFor decades, Americans looking for a second home—or a second passport—often focused on Europe. Portugal, Spain, Italy and Malta attracted retirees, digital nomads, entrepreneurs and families looking for a better quality of life and an insurance policy against political or economic uncertainty at home.The landscape is changing.Portugal recently doubled the naturalization timeline for many non-European applicants from five years to ten. Spain suspended the golden visa program. Italy has stricter citizenship by descent rules. Malta’s citizenship-by-investment…
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