We're living in uncertain times due to the pandemic, and that means more flexible especially when we travel.
One change that may be permanent is that people are more open to unconventional travel opportunities -- as well as challenges -- when they book their vacations.
Airbnb CEO Brian Chesky explained at Skift Global Forum 2021 that before the pandemic, working, living and traveling had to be three separate activities. But with remote work now more accepted, it can be one and the same.
"This revolution really is about flexibility," Chesky said. "Suddenly, you can live anywhere, you can work anywhere."
It also means travelers are moving from being strict and rigid to being more malleable. A recent Expedia survey showed that half of global travel searches this summer were for 21 days or less. Airlines are also more open to giving refunds with cancellations, even for the cheapest tickets. Travelers, especially those looking for high-end luxury vacations, are simultaneously planning trips to ensure they go on one, a phenomenon known as "travel stacking."
https://skift.com/2021/09/15/new-research-5-trends-from-travels-2021-summer-surge/
"Flexibility is going to be huge in terms of how travel companies spur demand and then put consumer confidence back," Ali told Cheddar.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.
It’s an annual tradition: the Fed’s banking ‘stress test.’ A year after the regional banking crisis, there are good reasons to make sure they’re prepped.
Summer is upon us, which means weddings, trips overseas, and trips to see Taylor Swift. Avoid a “Cruel Summer” with these budget-friendly tips and tricks.
