How long is the long term in the bond market? Would you believe 57 years? That’s how long you must be prepared to own U.S. government bonds if you want to be assured of not losing to inflation. This depressing statistic comes from the just-released 2021 edition of Credit Suisse’s …
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Failing to hand over refunds to customers is a direct breach of guidance from European and U.K. authorities. Yet several tour operators have failed to refund customers their money. Some of Europe’s largest travel companies are holding on to their customers’ cash months after trips were canceled because of coronavirus. …
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The world’s second largest ticket seller, Eventim EVD, +1.84%, is withholding millions of euros of ‘processing fees’ from fans seeking refunds for events canceled due to the coronavirus. The German-listed company sells tickets to concerts from the Red Hot Chili Peppers to Iron Maiden. Based on several refunds, reviewed by …
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