Money

U.S. Justice Dept sues Uber for overcharging disabled people

Published

4 years ago

November 11, 2021

The U.S. Justice Department is taking ride-hailing app Uber to court, suing them over claims it has been overcharging disabled people

The Department claims Uber’s “wait time” fees are discriminating against disabled passengers who need more than two minutes to get into a car.

The DoJ says the ride service needs to comply with the Americans with Disabilities Act known as ADA.

Uber has however responded, stating that wait time fees were not intended to apply to disabled riders and that it had been refunding the fees to those charged.

Kristen Clarke, assistance attorney general for the DoJ’s civil rights division said the lawsuit aimed to send a “powerful message that Uber cannot penalise passengers with disabilities simply because they need more time to get into a car”.

Clarke added that Uber and other ride hailing companies such as Lyft and Taxi services “must ensure equal access for all people, including those with disabilities,”

DoJ says Uber and other ride hailing companies such as Lyft and Taxi services must abide by the ADA. / Image: File

Uber disagrees that it violated the ADA

An Uber spokesperson stated that the company had been in talks with the Department fo Justice prior to the “surprising and disappointing” lawsuit.

The spokesperson stated that fees were “never intended for riders who are ready at their designated pickup location but need more time to get into the car”,

In the statement, Uber revealed it does have a policy of refunding wait time fees for disabled riders whenever they alerted the firm that they had been charged.

“After a recent change last week, now any rider who certifies they are disabled will have fees automatically waived,”
The spokesperson confirmed.

Uber began charging passengers for driver waiting times back in 2016.

Money

Wall Street hits record highs as markets shrug off Venezuela tensions

US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.

Published

5 days ago

January 7, 2026

Harvey Vargas

US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.

US markets surged to fresh records as investors looked past recent geopolitical tensions following the US attack on Venezuela. Confidence returned quickly, driving broad gains across major indices.

The S&P 500 climbed 0.7% to reach a new all-time intraday high, while the Dow Jones Industrial Average jumped 495 points, or 1%, also setting a record during Tuesday’s session.

The rally signals continued optimism around economic resilience, despite global uncertainty and ongoing international conflicts.

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Money

Dow hits record after U.S. military action in Venezuela

Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.

Published

6 days ago

January 6, 2026

Harvey Vargas

Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.

The Dow Jones Industrial Average surged nearly 600 points to a record close following U.S. military action in Venezuela. Investors responded positively, signalling confidence that the geopolitical situation would not spiral out of control.

Stocks rallied alongside rising crude oil prices, with energy companies like Chevron and Exxon Mobil leading the gains. Analysts noted that oil infrastructure rebuilding in Venezuela could provide long-term benefits for the sector.

Despite the bullish market reaction, gold futures also rose, suggesting that some traders remain cautious amid global uncertainties.

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Money

Wall Street eyes further gains in 2026 as rate cuts fuel optimism

Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.

Published

7 days ago

January 5, 2026

Harvey Vargas

Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.

Wall Street is entering 2026 with renewed confidence as falling interest rates and robust corporate earnings lift expectations for continued stock market gains. Analysts say an easier monetary policy is providing fresh momentum for equities after several strong years.

The US economy has continued to show resilience, with businesses maintaining healthy balance sheets and earnings growth holding up despite global uncertainty. Lower borrowing costs and supportive fiscal settings are expected to further boost investor sentiment.

However, market watchers remain cautious, warning that optimism could fade quickly if economic data disappoints or inflation pressures return.

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