HomeBusinessFinance Sector Stock NewsUBER, LYFT: New Labor Rule Could Make Gig Work Harder

UBER, LYFT: New Labor Rule Could Make Gig Work Harder

The new Biden Administration rule is making it more difficult for companies to treat workers as gig workers and independent contractors. Emil Michael and Ali Mogharabi discuss the gig economy, highlighting Uber (UBER) and Lyft (LYFT). They talk about what the department of labor rule means for delivery stocks. Uber notes that the rule “does not materially change the law under which we operate.” Tune in to find out more about the stock market today.

Trading 360

10 Jan 2024

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