Economy - Daylight San Diego

A hand holds a cellphone with the words lyft written in pink on it and a blue background

Economy

Lyft to pay $272 million in record-breaking settlement over drivers’ compensation

Thousands of Lyft drivers will be eligible to get paid for lost wages and benefits from 2016 to 2020, when they would have been considered employees under California labor law. Written by Levi Sumagaysay, CalMatters This story was originally published by CalMatters. Sign up for their newsletters. Lyft must pay

Empty trolley tracks with a couple of people waiting on each side

Public Transit

What to know about San Diego’s public transit fare increase and discount programs

New MTS fares take effect Oct. 1 with reduced rates available for qualifying low-income, senior, disabled and youth riders. Written by Emma Chen, Edited by Kate Morrissey San Diego transit fares will increase for most riders beginning Oct. 1, but a new reduced-fare program will allow some low-

People hold a black sign with white letters that says workers over billionaires

Economy

‘Billionaires shouldn’t exist.’ Why California unions are fighting for a wealth tax.

Cal Labor Federation president Lorena Gonzalez says Proposition 40 — opposed by the ultra-rich — is needed to maintain basic health care services after cuts by President Trump and Republicans. Written by Mark Kreidler, Capital & Main This article was produced by Capital & Main, an award-winning publication that reports

Concrete sign that says CalPERS with people wearing black walking away from the camera next to it

Politics

She put money into CalPERS for decades. It demanded she repay $1 million over a part-time job

Government retirees who go back to work must follow strict pension laws or risk serious consequences with CalPERS. Several faced enormous bills. Written by Adam Ashton, CalMatters This story was originally published by CalMatters. Sign up for their newsletters. Linda Samsom couldn’t sleep the night she received the letter

A burger wrapped in paper with a carton of fries drizzled in cheese and topped with meat

Cost of Living

Despite apocalyptic warnings, California fast food wage hike didn’t kill jobs

UC Berkeley study finds employment held steady — and only pennies were added to menu prices. Written by Mark Kreidler This article was produced by Capital & Main, an award-winning publication that reports from California on economic, political, and social issues. It is co-published here with permission. In their

Picture of a city skyline over a body of water with the space needle to the left.

Wealth Tax

More states are taxing the ultra-rich — Washington is the latest

As inequality grows, states are stepping up where the federal government hasn’t. “It’s a movement,” says Patriotic Millionaire’s Chuck Collins. Written by Mark Kreidler This article was produced by Capital & Main, an award-winning publication that reports from California on economic, political, and social issues. It

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