By Tyler Durden Even as apartment rents in Manhattan and San Francisco plunge for the first time in more than 10 years, millions of American millennials, burdened by debt, blinded by poor financial literacy and preoccupied with booking that first post-pandemic vacation still can't ever imagine owning a home. As for what the future holds, many would greet it with a genuine … [Read more...] about These Are The Cities Where People Spend The Highest (Or Lowest) Share Of Their Income On Rent
Tyler Durden
Uber, Lyft Shares Soar After California Voters Pass Proposition 22
By Tyler Durden According to the Associated Press, gig economy companies Uber Technologies Inc., Lyft Inc., and DoorDash Inc. have prevailed in their expensive quest to keep drivers classified as independent contractors. California voters approved Proposition 22 Tuesday evening, which would exempt gig-economy companies from a state law requiring them to classify their … [Read more...] about Uber, Lyft Shares Soar After California Voters Pass Proposition 22
Uber Warns Of 111% Price Hikes After California Judge Rules Drivers Are Employees
By Tyler Durden Uber has warned that it may have to hike prices up to 111%, after a San Francisco judge ruled on Monday that the ride-sharing company, as well as its competitor Lyft, must classify their drivers as employees - a move which will disproportionately affect low-income customers. The ruling means that the companies will be required to provide various benefits … [Read more...] about Uber Warns Of 111% Price Hikes After California Judge Rules Drivers Are Employees
Study Finds “Historic” Drop In Math, Reading Scores Since Adoption Of Common Core
By Tyler Durden Reading and math scores in the US have suffered 'historic' declines since most states implemented the Common Core curriculum standard six years ago, according to a new study from the Pioneer Institute. While Common Core was promoted as improving the international competitiveness of U.S. students in math, our international standing has remained low while the … [Read more...] about Study Finds “Historic” Drop In Math, Reading Scores Since Adoption Of Common Core
States That Tax The Most Are Getting The Worst Results Per Dollar
By Tyler Durden Today in "more definitive proof that the government can't spend your capital as well as you can" news, it should come as no surprise that states who spend less in taxes are getting better results, per dollar, than similarly sized states who collect far more in tax revenue. At least that was the result of looking at the country's four largest states: … [Read more...] about States That Tax The Most Are Getting The Worst Results Per Dollar