Seattle's government has given early approval to caps on ride-share companies such as Uber. Here, Peter Faris, whose company's drivers use Uber to find customers, holds a smartphone with the ride-sharing company's app in Washington, D.C.
Originally published on Mon March 10, 2014 6:36 pm
Uber, Lyft, and similar companies that pair people who pay for a car ride with drivers who operate outside the traditional taxi system are facing new limits in Seattle, where the City Council's Taxi Committee recently voted to cap the number of "ride-share" drivers.
The full council had been scheduled to vote on a limit of 150 drivers per ride-share company today; the vote, which has sparked intense interest in the city, has been postponed until next Monday.
When it comes to getting ahead in the world, a lack of savings can be a big hurdle, especially for low-income families. Most don't have enough money set aside for emergencies, let alone for college or a house. Some people think the answer is to make savings more fun, like the lottery, with the chance to win big prizes.
It's called prize-linked savings, something that's been available in Great Britain for decades. Now, it's starting to catch on in the United States.