Wednesday☕️

Wednesday☕️

Trending:

  • New Airline Flight Refund Rules
  • Apples New Mac Mini

Markets:

  • Yesterday’s U.S. stock market:
TradingView
  • Yesterday’s commodity market:
TradingView @7:28 PM EST
  • Yesterday’s crypto market:
TradingView @7:28 PM EST

New Airline Flight Refund Rules:

  • Starting today, new federal rules require U.S. airlines to automatically issue cash refunds to passengers if flights are canceled or significantly delayed. A significant delay is defined as at least three hours for domestic flights and six hours for international ones, ensuring a clear standard across all airlines. Under this rule, passengers no longer need to request refunds or settle for travel credits; the refund process is now automatic when the delay or cancellation occurs.
  • The U.S. Department of Transportation (DOT) introduced these regulations after a rise in passenger complaints during the COVID-19 pandemic, when flight cancellations surged, and many travelers struggled to secure refunds. In addition, the regulation mandates refunds for checked baggage fees if luggage is delayed by over 12 hours domestically or 15 hours internationally.
  • Airlines must also reimburse fees for services like seat selection or Wi-Fi if they aren’t provided as promised. The DOT estimates that these consumer protections will save travelers roughly $500 million annually. Part of a larger initiative to reduce hidden fees, these measures aim to provide passengers with straightforward, reliable compensation for travel disruptions.

Apples New Mac Mini:

  • Apple recently introduced an updated version of the Mac mini, its small desktop computer, starting at $599. Unlike Apple’s other computers, the Mac mini is a compact box (measuring about 5 inches) designed to connect with any monitor, keyboard, and mouse. The new Mac mini is available with two different chips, the M4 and M4 Pro, which offer significant upgrades from the previous model’s M2 chip.
  • The M4 chip model includes a 10-core CPU and a 10-core GPU with 16GB of memory, an improvement over past versions that started with 8GB. For users who need more power, the M4 Pro has up to a 20-core GPU, designed for tasks like video editing or data processing. The M4 Pro also comes with additional storage options, supporting up to 8TB. This release highlights a broader trend in technology, where desktop hardware is becoming both smaller and more efficient.
  • Thanks to advancements in chip technology, devices can now offer high performance in a compact form, which previously required much larger setups. Apple’s M-series processors, like the M4, are part of this shift, demonstrating how modern chips can deliver faster speeds while using less power and generating less heat. As this trend continues, computing hardware is expected to become even more advanced, allowing individual users to have more powerful computing tools.

Statistic:

  • Largest companies in the Dow Jones by market capitalization:
  1. 🇺🇸 Apple: $3.552T
  2. 🇺🇸 Microsoft: $3.211T
  3. 🇺🇸 Amazon: $2.002T
  4. 🇺🇸 Walmart: $665.16B
  5. 🇺🇸 JPMorgan Chase: $634.85B
  6. 🇺🇸 Visa: $553.00B
  7. 🇺🇸 UnitedHealth: $521.95B
  8. 🇺🇸 Home Depot: $400.18B
  9. 🇺🇸 Procter & Gamble: $398.70B
  10. 🇺🇸 Johnson & Johnson: $389.07B
  11. 🇺🇸 Coca-Cola: $287.20B
  12. 🇺🇸 Salesforce: $285.73B
  13. 🇺🇸 Chevron: $273.19B
  14. 🇺🇸 Merck: $264.20B
  15. 🇺🇸 Cisco: $221.94B
  16. 🇺🇸 McDonald’s: $212.90B
  17. 🇺🇸 IBM: $193.83B
  18. 🇺🇸 American Express: $191.23B
  19. 🇺🇸 Caterpillar: $189.40B
  20. 🇺🇸 Verizon: $175.20B
  21. 🇺🇸 Walt Disney: $174.46B
  22. 🇺🇸 Amgen: $170.42B
  23. 🇺🇸 Goldman Sachs: $165.56B
  24. 🇺🇸 Honeywell: $133.93B
  25. 🇺🇸 Nike: $116.69B
  26. 🇺🇸 Intel: $97.92B
  27. 🇺🇸 Boeing: $94.57B
  28. 🇺🇸 3M: $70.39B
  29. 🇺🇸 The Travelers Companies: $56.67B
  30. 🇺🇸 Dow: $34.64B

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