Monthly Archives: August 2022

Airlines are rarely required to give you a hotel voucher when flights are delayed or canceled. Here’s when you can get one.

A man sleeps while waiting for his plane departure at George Bush Intercontinental Airport on December 03, 2021 in Houston, Texas. Brandon Bell/Getty Images Hundreds of passengers have found themselves sleeping on airport floors amid this summer’s flight chaos. US airlines do not provide hotel vouchers if a flight is delayed or canceled for reasons…

Russia is now the 3rd-biggest market for yuan transactions outside of mainland China as sanctions block dollar, euro payments

Russian President Vladimir Putin and Chinese President Xi Jinping. Getty Images Russia stepped up to become the third-largest market for yuan transactions outside of mainland China.  SWIFT data shows Russian companies and banks were involved in nearly 4% of global transactions using the yuan.  That’s up from 1.42% in June and zero in February, when…

Understanding deficits — when spending outpaces revenue for a company or government

During a downward economic period, a government deficit could inject spending into the economy to turn things around. John Baggaley/Getty A deficit is the shortfall between two measurements, such as earnings and spending.When the government spends more than it takes in as revenue, that creates a deficit.Not all deficits are bad, even though they can…

US B-52s and fighters from what may soon be NATO’s newest member teamed up for a first-of-its-kind operation

Swedish JAS 39 Gripens with a Norwegian F-35 and a US B-52 over Andøya in northern Norway, August 18, 2022. Norwegian Armed Forces Four US Air Force B-52 bombers arrived in the UK on Thursday for a Bomber Task Force deployment. During their flight to the UK, the bombers trained with Norwegian and Swedish fighter…

Here’s why the interest rate on your high-yield savings account may be going up

The interest rate of many high-yield savings accounts has steadily increased throughout 2022. Westend61/Getty Images The interest rate on your savings account is influenced by what the Federal Reserve does. The Federal Reserve is raising the federal funds rate to combat inflation. When the Federal Reserve raises rates, the interest rate on your savings account…

PowerWash Simulator players can now help gaming and mental health research while they spray

PowerWash Simulator developer FuturLab has launched a new initiative that’ll enable players to opt-in and help independent researchers from Oxford University’s Internet Institute gather data for its research on gaming and mental health. From today, Steam players that select the ‘research-edition – Research Edition 2022’ drop-down option under PowerWash Simulator’s Properties > Betas menu will…