2019 saw its fair share of innovation, but let's broaden the scope and take a look at the top travel trends of the decade.
Smartphones and Apps
Mobile technology is influencing travel decisions more than ever. In recent years innovations in tech have allowed consumers to do pretty much everything on their smartphone from finding inspiration on Instagram to selecting airline seats, checking into hotels or using a GPS. Gone are the days of heading to a travel agent, using a paper map, and struggling with a language barrier. Advances in technology over the last 10 years have made traveling decisions more convenient and less daunting.
Ridehailing and Ridesharing
This decade was defined by a rise in popularity of both Uber and Lyft. Since Uber's founding in 2009 and Lyft's launch in 2012, ridehailing has changed the way we commute and even our need to purchase a car. These platforms have gone from basically startups to market dominators. This year even saw Uber and Lyft take their companies public. While the two companies have continued to grow on the road, they have looked for new opportunities like expanding to micromobility options like scooters and bikes and, even in Uber's case, helicopters and food delivery through Uber Eats. The rise of these new forms of mobility has both pros and cons, although positives like accessibility can be outweighed by cons like a rise in congestion. Whether you're for or against ridesharing, Uber and Lyft have given people more options when it comes to getting around and it seems like the companies will continue their paths towards street dominance for the foreseeable future.
New Way to Stay
In the last 10 years travel accommodations have become more personal and the rise of Airbnb has revolutionized the travel industry. Want to stay in a castle? How about a villa? Now, it seems almost any dream accommodation is possible. Airbnb has made traveling more affordable especially in urban, crowded spaces and often gives travelers more bang for their buck, providing an entire house or apartment rather than a typical hotel room. The company has inspired travel to unique locations with listings in over 220 countries and regions. The site boasts over 150 million users.
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.
While Nvidia's meteoric rise led it to briefly dethrone Microsoft as the world's biggest public company, there's a lot more going on in this market than A.I.
