Phillip Tracy, tech writer for The Daily Dot, discusses the feud between MIT and Uber after the school released a report saying Uber drivers were severely underpaid. MIT has since admitted it made mistakes during the study.
Tracy explains after MIT made corrections to its methodology, it showed the original report underestimated wages by about 50%. However, more than half of Uber drivers still make less than minimum wage.
Veronica Willis, investment strategy analyst with Wells Fargo Investment Institute, joined Cheddar News to discuss Wednesday's trading session following better-than-expected retail sales and what's on tap for the markets this year.
The median retirement savings account balance for Americans aged 65 and over was just $88,000 due to medical expenses, according to a report. Pratik Patel, head of Family Wealth Strategies with BMO Family Office, joined Cheddar News to discuss what's needed to save for a comfortable retirement.
