Drivers in the Big Apple can expect a raise at the start of next year. Regulators in New York City last week voted to impose a minimum wage on the rideshare industry, creating the first such rules in the country for companies like Uber and Lyft. Under the new framework, which will take effect at the end of 2018, drivers will be entitled to $17.22 per hour after expenses. According to NYC’s Taxi and Limousine Commission, most rideshare drivers currently make less than $12 per hour. [Washington Post]

NYC Sets First-Ever Minimum Wage for Rideshare Drivers