Finance News – Drivers
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Rideshare drivers use apps to help them judge whether a ride is worth it. Uber and Lyft are trying t...
Rideshare drivers rely on third-party tools to evaluate potential earnings from trips, while major platforms are taking measures that may reduce the availability of these decision-...
Read Full Article →Fourth of July gasoline prices may be the lowest in years. Will gas stay this cheap all summer?
Lower gasoline costs during the holiday period could reduce travel expenses for many Americans, potentially impacting overall consumer spending and influencing economic activity th...
Read Full Article →Uber's dynamic pricing means higher fares and lower earnings for drivers, study finds
A recent University of Oxford study reveals that Uber's flexible fare system has led to increased passenger costs while simultaneously reducing the overall income earned by its dri...
Read Full Article →July 4th travel is set to break records with 72 million Americans on the move
The increased number of travelers during the holiday is expected to boost spending in various sectors, while relatively lower fuel costs may help reduce overall travel expenses for...
Read Full Article →Second study finds Uber used opaque algorithm to dramatically boost profits
Researchers have revealed that Uber employed a non-transparent pricing system which significantly increased its earnings by adjusting fares and driver payments in a manner that lac...
Read Full Article →Rough ride: how Uber quietly took more of your fare with its algorithm change
Since implementing dynamic pricing, Uber’s increased commission rate has significantly reduced drivers’ income by taking a larger portion of fares through algorithm adjustments.
Read Full Article →UK Uber drivers’ earnings cut after secretive algorithm changes
A recent study indicates that changes in Uber's pricing system have led to reduced hourly incomes for drivers in the UK, despite an overall increase in trip costs for passengers.
Read Full Article →Tesla drivers in France sue over Musk’s political antics
Tesla vehicle owners in France are pursuing legal action to end their contracts, claiming that the CEO’s controversial political statements have negatively impacted the company’s r...
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