Yet another study is shedding light on Uber's low wages. An Australian analysis shows Aussie Uber-x drivers earn on average less than fifteen dollars per hour. That's roughly three dollars less than Australia's minimum wage. The author of the study claims Uber's market value benefits from the drivers' low incomes and would collapse without it.
The Weinstein company can't seem to sell. According to lead investor Maria Contreras-Sweet, the company turned down a $500 million dollar offer to sell the majority of its assets. That deal was originally agreed upon, but was called off when the investors discovered the company was in more debt than they thought.
Barbie is honoring International Women's Day.
the brand is launching 17 new dolls honoring some very inspiring women. the new additions to the she-ro program features 3 historical figures and 14 modern day women including Olympic gold medalist Chloe Kim, Wonder Woman director Patty Jenkins, and conservationist Bindi Irwin.
The Food and Drug Administration is asking Congress for new powers, including the ability to mandate drug recalls and require eyedrop makers to undergo inspections before shipping products to the U.S.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.
