Drivers for Uber, Lyft see incomes fall as participation jumps

Drivers for Uber, Lyft see incomes fall as participation jumpsDrivers for Uber, Lyft and other US ridesharing services have seen their incomes fall by half in recent years as more people get behind the wheel, according to a study released Monday. The report by US banking giant JPMorgan Chase, based on deposits received by the bank, offers a sobering note on the so-called platform or “gig” economy, although it left a number of questions unanswered.


Source: Yahoo! News

Brent oil jumps to four-year high near $81

Brent oil jumps to four-year high near $81Brent oil soared Monday close to $81, reaching the highest level since November 2014 after OPEC and other global producers snubbed pressure from US President Donald Trump to dampen prices. Oil leapt after the world’s top producers decided to maintain output during a meeting in Algeria at the weekend. A committee comprised of the Organization of the Petroleum Exporting Countries (OPEC) cartel and non-OPEC producers said it was satisfied with the current market outlook, which represented “an overall healthy balance between supply and demand”.


Source: Yahoo! News

Estimated cost of Trump's military parade jumps 666%, reports say

  1. Estimated cost of Trump’s military parade jumps 666%, reports say  USA TODAY
  2. Trump’s military parade estimated to cost $80 million more than previously estimated  Military Times
  3. $92M is new estimate for Trump military parade; big increase  SFGate
  4. Initial cost for Trump military parade comes in at $12 million, DoD says  Military Times
  5. Full coverage


Source: Google News