The leaders of Japan and China got off to a tense start but have made significant progress in turning around their relations in recent years.Asia Politicsread more
Tech's hottest IPOs of the year, including Beyond Meat and Zoom, dropped on Monday, falling more than the broader market.Technologyread more
Stocks in Asia slipped on Tuesday, while investors looked toward a meeting between U.S. President Donald Trump and Chinese President Xi Jinping set to happen later in the...Asia Marketsread more
A week of dovish fireworks out of the central banking community has just gone by with most of the world's leading central banks now guiding towards easing in light of downside...Commentaryread more
"We do not seek conflict with Iran or any other country," Trump tells reporters in the Oval Office.Politicsread more
Chinese Vice Premier Liu He held a phone conversation with U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin, China's Ministry of Commerce...World Economyread more
Sen. Bernie Sanders announced a plan Monday to forgive the country's $1.6 trillion outstanding student loan tab, intensifying the higher education policy debate in the 2020...Personal Financeread more
While earnings usually come in substantially ahead of expectations — as much as 4 or 5 percentage points is not unusual — the downward direction in the outlook doesn't speak...Earningsread more
U.S. President Donald Trump's senior adviser Kellyanne Conway will not testify before the House of Representatives Oversight Committee this week on her alleged violations of...Politicsread more
"We missed being the dominant mobile operating system by a very tiny amount. We were distracted during our antitrust trial. We didn't assign the best people to do the work,"...Technologyread more
PatientsLikeMe was bought by UnitedHealth following a review by Trump's Treasury Department, which scrutinized the start-up because it's backed by Chinese cash.Technologyread more
Nothing can spoil your carefully planned R&R like getting ripped off.
Or worse, a misfortune of your own doing — think an expired passport, lost wallet or booking a vacation to, say Walley World, only to discover it's temporarily closed.
However, these are all pitfalls that can be avoided. Ahead of summer travel season, here's how to sidestep a few all-too-common snags.
With the rise of deeply discounted online offers and unregulated home rentals has come a slew of potential scams.
Travel fraud rose 16 percent last year and cost travelers $283 to $588 per fraudulent transaction, according to a recent report by credit reporting company Experian.
"The reason why most folks get into this situation is because they are out there hunting for a deal," said Mike Bruemmer, Experian's vice president of consumer protection. "If it's too good to be true, it usually is."
Avoid "instant" travel discounts through third parties designed to lure you into an impulse purchase on a hotel, plane ticket or cruise, Bruemmer said.
Often, high-pressure booking tactics require payment well in advance, and that leaves vacationers with little recourse if their trip falls flat (there's only a 60-day limit on disputing a credit card purchase, according to the Federal Trade Commission).
If you're looking for an apartment rental, steer clear of making arrangements directly with an owner, who may or may not be legitimate, and opt for a trusted site such as Airbnb or Expedia's HomeAway, which have built-in protections and money-back guarantees.
And even then, avoid providing any more personal identification than is necessary, such as a Social Security number or agreeing to a credit check.
Be sure to verify that you have your passport — and that it has not expired — well before your international trip.
Keep in mind that the expiration date on that document is misleading.
That is because you generally want to have a passport that is valid for at least six months from the date of your trip, according to Julie Hall, a spokeswoman at travel organization AAA.
If you need to renew your passport or apply for one, be sure to leave plenty of time. The process can take six weeks, Hall said.
It is possible to obtain expedited passports in some cities, such as New York, though those services may be harder to find in other locations, said Erika A. Richter, director of communications at the American Society of Travel Agents.
Not updating this key document could be a deal breaker if you arrive at the airport gate unprepared.
"That is a situation where you would have to have someone advocate on your behalf," Richter said. "If you're not insured, that's your whole vacation right there."
Be sure to make paper copies of all of the key documents and contents of your wallet before you depart.
Ideally, you want to leave a copy of these documents with a trusted family member or friend before your trip. Keep another copy with you, but separate from your actual wallet and passport while you travel.
"If you do lose it, you have it copied and ready to go and that makes that process a little smoother," Hall said.
Letting your bank or credit card company know you are traveling ahead of time will prevent any hassles at your destination.
"They can put a note on your account so none of your charges get flagged and your credit card isn't declined," Hall said.
More from Personal Finance
Half of Americans aren't taking a summer vacation. Here's why
How to make sure your summer vacation won't wreck your finances
Find out whether you're prepared to handle this hurricane season
Likewise, you want to make sure your cellphone service isn't interrupted.
As more people travel, cellphone companies have started to offer different packages to accommodate them, Hall said.
"It's definitely worth calling and seeing what your options are," she said.
A major health scare at your destination that requires an emergency evacuation could cost you $100,000 or more if you are not covered by insurance, according to Megan Cruz, executive director at the US Travel Insurance Association.
"The wise thing to do is to think about all of the things that can go wrong and think about if you could afford the out-of-pocket expense for them," Cruz said.
The right travel insurance will help cover those medical emergencies and other unexpected developments.
The best way to find the right insurance for you is to shop around, Richter said.
There are many types of coverage depending on variables like when you're traveling and how long you're staying.
"It's always that one scenario where you think everything's going to be fine and you really wish you had protected your investment," Richter said. "Your vacation time is an investment."
"On the Money" airs on CNBC Saturdays at 5:30 a.m. ET, or check listings for air times in local markets.