Welcome to Savings Guide
Series I Savings Bonds Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Day Light Savings Time
from:Introduction
Day light savings time (DST) is essentially defined as the practice of advancing the clock time so that the afternoons have more of daylights than the mornings.
Also known as the summer time in British English, this system typically requires the clocks to be adjusted forward by one hour near the start of spring and is adjusted backward in autumn.
History has it the day lights saving time were instituted in the Untied States during the World War I, in order to save energy for war production so that maximum advantage of the later hours of daylight between April and October could be taken.
Features and Aspects
Experts strongly suggest that one of the biggest advantages of day light savings time is that it saves a lot of energy. The logic which is described behind this is that the energy used and the demand for electricity for lighting our homes is directly proportionate to when we go to bed and when do we get up. If the sleeping time gets proponed by an hour, that could amount to an equal amount of energy saved all throughout.
As per the procedure of the day lights saving time, at 2 a.m. on the second Sunday in March, the clocks are set one hour ahead of the standard time. Moving on, the clocks are again set back by one hour at 2 a.m. on the first Sunday in the November, thus reverting to the standard time.
During this six-and-a-half-month period of day light savings time, the names of time in each of the time zones in the US are also changed. For instance the Eastern Standard Time is changed to Eastern Daylight Time, and Central Standard Time (CST) becomes Central Daylight Time and so on.
Meanwhile, in the Southern hemisphere where summer comes in December, the day light savings time is observed from October to March. It has to be noted that there is a variation in the pattern of adherence to the day light savings time all across the globe. While the Asian region has almost never observed the daily light savings time schedule, the timings and patterns followed by a many other regions and countries might differ from each other.
The concept of DST has always had a very important place in history. The entire cycle of business, school and all forms of commercial pursuits goes under a variation based on the presence or absence of this concept. Though some of schools of thought actually opine against the benefits of this concept, yet this mechanism has come to stay since long and continues to do well into the future.
??
??
??
??
1
Series I Savings Bonds News
Public Debt Announces New Savings Bonds Rates, Series I to Earn 2.20%, Series EE to Earn 0.60%
WASHINGTON -- The Bureau of the Public Debt today announced earnings rates for Series I Savings Bonds and Series EE Savings Bonds, issued from May 2012 through October 2012. Earnings rates for I bonds and fixed rates for EE bonds are set each May 1 and November 1. Interest accrues monthly and compounds semiannually.
Read more...Rate of yield cut to 2.2% on Series-I Savings Bonds
With bank and money-market yields low across the board, Uncle Sam has decided to cut the rate it pays on inflation-adjusted U.S. Savings Bonds.
Read more...How to Give Savings Bonds as Gifts
The government no longer issues paper bonds, so you'll have to open an account online.
Read more...SavingsBonds.com Salutes Savings Bond Owners On Memorial Day
SavingsBonds.com Salutes Savings Bond Owners On Memorial Day. US Savings Bond Owners Played An Important Role In American History.Spring Lake, NJ (PRWEB) May 22, 2012 SavingsBonds.com salutes savings bond owners on Memorial Day. US savings bond owners played an important role in American history.In May 1941, U.S. Savings Bonds were introduced as a way for Americans to save for their future, but ...
Read more...Fitch Rates Oregon DOT's $202MM Highway Senior Lien Rfdg Revs 'AA+'; Outlook Stable
Fitch Ratings assigns 'AA+' ratings to the following State of Oregon Department of Transportation highway user tax revenue bonds:
Read more...