In this photo illustration, a closeup of an Uber app is seen on an iPhone on Feb. 19, 2021 in Cardiff, Wales.
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That means the ride-hailing service has agreed to offer minimum wage, vacation pay and retirement contributions to drivers in the U.K. Plus, awaiting announcements from the Federal Reserve later today, a look at interest rates in the market. And, the impossible choice many Latinx people face between economic security and family health amid the pandemic.
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Investors are expecting the economy to start heating back up. You can see it in interest rates.
"Coming into the year, that 10-year [Treasury] interest rate was well below 1%. Right now, it's at 1.67%. That's a huge move," said Susan Schmidt, head of U.S. equities at Aviva Investors. "It's unlikely that the chairman of the Fed, today, will change their messaging, which is that they're not going to move interest rates at all. But the market is certainly anticipating a move eventually."
Music from the episode
Waves Joey Bada$$
The team
David Brancaccio
Host
Victoria Craig
Host, BBC
Stephen Ryan
Senior Producer, BBC
Jonathan Frewin
Producer, BBC
Daniel Shin
Producer
Jay Siebold
Technical Director
Brian Allison
Engineer
Meredith Garretson
Senior Producer
Erika Soderstrom
Producer
Rose Conlon
Producer
Alex Schroeder
Producer
