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  • Uber, Lyft Prices Could Go Up in New York

    2 monthes ago - By Global Traveler

    A new minimum wage law in New York City for ride-share drivers could increase the prices of Uber and Lyft rides in the city, according to USA Today .
    Starting this month, ride-share drivers must earn $17.22 per hour after expenses, according to the rules from the New York City Taxi and Limousine Commission. That amounts to a raise of 96 percent for Uber and Lyft drivers.
    The new wages “will raise driver earnings by, on average, $10,000 a year, and require companies to be completely transparent on how they calculate pay and car leasing costs,” Commission Chair Meera Joshi said in a...
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