Amid the Coronavirus-centered headlines are the warnings that the U.S. economy may tip into recession. A sizable chunk of the country’s population may risk falling behind on their financial liabilities, unless the ways they get paid fully embrace the digital age, breaking the weekly/biweekly paycheck...
A petition by Uber, Lyft and DoorDash to roll back a California law regarding gig economy workers has reached 1 million signatures and will head to voters at the ballot box this November, according to CNET. The initiative is a response to California’s AB5, which...
Uber‘s drivers and takeout delivery workers have found allies in the European Union (EU), as its antitrust chief wants to help them fight for better wages and conditions, Bloomberg reported. European Commissioner for Competition Margrethe Vestager told Bloomberg that she wanted to help people in...
A quick glance at the workforce of 2020 doesn’t immediately present itself as all that different from the workforce of the year 2000. The major professions remain the same — doctors, lawyers, bankers, accountants, stock brokers, academics, teachers, consultants, software programmers, etc. The trades are...
Anyone who’s ever done gig work – from rideshare drivers to freelance writers – experiences moments of doubt. At those times, it’s easy to believe that no one is thinking about your value as a worker, or how to protect you in the most basic...
No freelancer appreciates delayed payments, which can destabilize their financial health. The flexibility that enables freelancers to work with the companies they choose also allows them to leave if they hit payments-related speed bumps. Freelancers contribute more than $1 trillion to the American economy alone,...
You know the drill — pay gig workers faster, and they do more work for the platforms that pay them that way. Yet, stringent security measures and burdensome onboarding processes can get in the way. In the latest Gig Economy Tracker, Francois de Landes, co-founder...
Freelancing has become an attractive source of income to a wider percentage of Americans in recent years, with 36 percent having conducted ad hoc work either part-time or full-time. The U.S. is not alone in this trend, with a rising number of workers in countries...
Marblegate Asset Management, known for buying up distressed assets, now holds the largest lot of New York’s taxi-medallion loans, according to published reports Wednesday (Feb. 19). The National Credit Union Administration said Wednesday that it had sold most of its medallion loan portfolio to Marblegate. Neither...
