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Italy’s ancient Roman Appian Way becomes UNESCO World Heritage Site
ROME — Italy’s ancient Roman Via Appia was added to UNESCO’s World Heritage List on Saturday, becoming the country’s 60th such addition.With a total length of over 800 kilometres (500 miles), the Via Appia, known as the “Queen of Roads”, is the oldest and most important of the great roads built by the Ancient Romans from 312 BC onwards.The Via Appia revolutionized road building and soon became the most important road connecting Rome with the southern part of the peninsula.This strategic corridor guaranteed access in all weather conditions and enabled the Roman legions to carry out their conquests quickly and…
WASHINGTON (AP) — Suddenly, Kamala Harris’ economy is becoming both a major opportunity and a potential risk for the Democratic presidential nominee.Shortly after President Joe Biden dropped out of the race a week ago, Harris began crafting her own version of the economy, focusing on ending child poverty, promoting unions, reducing health care and child care costs and protecting “dignity” in retirement.In speeches in Wisconsin, Indiana and Texas, she never once mentioned the word “inflation,” the overwhelming economic challenge that has dogged the Biden administration and forced it to consistently acknowledge in its remarks the pain of voters dealing with…
Putin’s war spending surge strains economy
Russia’s central bank has announced a sharp hike in key interest rates to curb soaring inflation and an overheating economy following President Vladimir Putin’s all-out invasion, and the country’s economic growth is expected to slow.The Russian central bank raised the interest rate at which other banks could borrow from 16% to 18%, not far from the 20% announced at the start of the war, and the bank’s governor, Elvira Nabiullina, did not rule out further hikes.Nabiullina has steered Russia’s economy through turmoil caused by Western sanctions aimed at containing President Putin’s military power. Newsweek has reached out to the Russian…
My AirTag knew something United Airlines didn’t know: where in the world my luggage was.
Dear readers, this has been an interesting week. On July 19, 2024, a CrowdStrike outage took down a huge amount of infrastructure, including the airlines’ core systems. However, the situation varied greatly depending on the airline. Notably, Delta Airlines did not recover as quickly as American Airlines and United Airlines, canceling 1,000 flights on the 22nd alone.But by Monday, July 22, 2024, business was largely back on track and I was ready to fly on United Airlines to Columbus, Ohio to watch the MLS All-Star Game. I didn’t make it there, but my luggage did. After a period of waiting,…
3 Important Features to Look for in Your Next Travel Credit Card
Yellow wheeled suitcaseImage credit: Upsplash/The Motley FoolSummer is fast approaching, which means it’s the perfect time to take a vacation. A travel credit card is a great way to pay for the associated expenses. You can take advantage of perks like travel insurance, free checked bags on flights, and even airport lounge access.All of these come with certain travel cards, but here are three other important features you’ll likely find on a wider range of cards: Look out for these features when choosing a travel rewards card.1. Bonus rate on travel expensesSome flat-rate travel credit cards will give you points…
3 Important Features to Look for in Your Next Travel Credit Card
Summer is fast approaching, which means it’s the perfect time to take a vacation. A travel credit card is a great way to pay for the associated expenses. You can take advantage of perks like travel insurance, free checked bags on flights, and even airport lounge access.All of these come with certain travel cards, but here are three other important features you’ll likely find on a wider range of cards: Look out for these features when choosing a travel rewards card.1. Bonus rate on travel expensesSome flat-rate travel credit cards will give you points at the same rate on all…
Older used cars are taking up a larger share of the market
Anyone who has bought a used car in the last five years will tell you that buying a used car can be a daunting process, and the price you pay is often much higher than you expected. Despite the naysayers, the situation has been improving in recent months, with new research from iSeeCars finding that buyers are increasingly gravitating toward the used car market to save money on purchasing an overpriced new car. iSeeCars noted that people are buying significantly more older used cars than they did 10 years ago: Sales of used cars that are more than 10 years…
County to study economics of short-term rental industry on Big Island, but likely won’t delay proposed new regulations : Big Island Now
A main point of pushback on proposed new regulations for short-term rentals on the Big Island is the economic impact those rules would have on the industry; more specifically, the wallets of the residents who operate them. Many in the community think the Hawai‘i County Council should understand and have solid data in hand about how those rentals impact the island’s economy before making any decisions. Screenshot from the March 2018 Hawaiʻi Appleseed “Hawaiʻi Vacation Rentals: Impact on Housing & Hawaiʻi’s Economy” report. The council does want to know more about the ins and outs of short-term rentals, also called transient…
14 Earnings, jobs and the Fed are in the market’s sights
Though Friday’s gains eased some of the pain, it was another tough week for the S&P 500 and Nasdaq. The Dow and small-cap Russell 2000 were again big winners as the rotation from market darlings to underdogs waiting to trade higher continues. Sector-wise, the S&P 500 Health Care Index led gains in the rough trading week, followed by Materials and Utilities. Communication Services led losses, followed by Consumer Goods and Information Technology. Looking back at the week, second-quarter U.S. economic growth came in better than expected on Thursday, and the Personal Consumption Expenditures Price Index came in roughly in line…
Harris revamps her economic messaging as Trump and Republicans attack her on inflation
Harris is making what may come next a big priority.”Our vision for the future envisions a place where all people have the opportunity not just to survive but to get ahead, where no child has to grow up in poverty, where all seniors can retire with dignity and all workers have the freedom to join a union,” Harris told the United Federation of Teachers on Thursday.But Republicans have quickly moved to blame Harris for the inflation they had until recently blamed on Biden, highlighting the cumulative effect of higher prices under Democratic administrations.Since Biden took office, consumer prices have risen…