Monthly Archives: July 2022

THE PAYMENTS ECOSYSTEM: The biggest shifts and trends driving short- and long-term growth and shaping the future of the industry

Business Insider Intelligence This is a preview of The Payments Ecosystem research report from Business Insider Intelligence.Purchase this report.Business Insider Intelligence offers even more consumer coverage with Payments & Commerce Pro. Subscribe today to receive industry-changing payments and commerce news and analysis to your inbox. The power dynamics in the payments industry are changing as…

A pilot was first to flee a plane after hearing a loud explosion, leaving passengers to fend for themselves as smoke filled the cabin, report says

A Vueling aircraft in Barcelona was filled with smoke. Thiago Prudencio/Getty Images A Vueling pilot fled his plane after there was an explosion, abandoning the passengers. One passenger told The Sun the captain ran off as soon as the flight attendant opened the door. Most of his crew followed, while only one flight attendant was…

Meet a millennial mom with $77,000 in student debt who’s struggling to afford groceries while caring for her son with autism

Linda Vick owes nearly $80,000 in student debt. Linda Vick Linda Vick owes $77,000 in student debt, $7,000 more than when she graduated from college in 2011.  Much of that is due to interest, despite ten years of payments.  She says her debt makes it difficult to provide specialized care for her son, who has…

A wildly popular RV company’s latest high-tech luxury $340,000 trailer can create water out of air — see how it works

Living Vehicle Luxury travel trailer maker Living Vehicle has unveiled its 2023 model, which will cost $339,995. The new trailer can use the humidity in the air to create drinkable water. See inside the ultra-luxe trailer that often sells out shortly after a new model is announced. Living Vehicle has unveiled a 2023 update for…

A new bull market in stocks won’t get the green light until these 3 things happen, Bank of America says

Reuters The start of a new bull market in stocks will require three catalysts, according to Bank of America.While there’s limited upside in the short-term because of depressed sentiment, sell the S&P 500 at 4,200, BofA said.“Don’t think Wall St unwinds financial excesses of past 13 years with a 6-month garden variety bear market,” BofA…

Why the dollar has outperformed gold in its traditional role as an inflation hedge and recession haven

Getty Images Gold has traditionally been seen as an inflation hedge and a haven during times of economic uncertainty. But despite high inflation and growing fears of a recession, gold has fallen 15% since early March and is down 5% year to date. Meanwhile, the US dollar index has jumped 9% since March and is…

The latest Windows 11 update fixes issue behind your File Explorer crashes

Microsoft says it has fixed an issue that caused some Windows 11 users to experience File Explorer crashes in certain scenarios.  In its newest optional Preview cumulative update, KB5015882, the Redmond giant made a total of 20 improvements to its latest operating system. Among them are two that address File Explorer crashes, one in which…