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WSJ Your Money Briefing

The Fees That Could Increase the Cost of Your Uber or Lyft Ride

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 15 March 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

In addition to fees mandated by some airports and local governments, Uber and Lyft customers often pay extra charges based on convenience services offered by the rideshare companies. Wall Street Journal travel columnist Dawn Gilbertson joins host J.R. Whalen to discuss how to avoid some of the fees. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Support for this show comes from SoFi Invest.

0:03.0

Alternative investments are now available on SoFi.

0:06.0

Unlocked the potential to build and protect your wealth,

0:09.0

with all its including real estate, venture capital, pre-IPO Unicorns, and more at sofi.com slash W-SJ.

0:16.4

Active investing products offered through sofi securities LLC member Finra-SIPC.

0:21.8

Alternative funds have unique risks including the risk of loss, may charge high fees, can be a liquid,

0:26.9

and may not be suitable for all investors.

0:29.3

Prior to investing in any fund, carefully consider the investment objectives risks charges

0:33.7

expenses and important information contained in a fund's

0:36.6

prospectus.

0:37.6

Here's your money briefing for Friday March 15th. I'm J.R. Whelan for the Wall Street Journal.

0:49.0

Rideshare services like Uber and Lyft make it easy to get around.

0:53.0

Just open the apps and a few clicks later,

0:55.2

you know the cost to get to the airport or head across town.

0:58.4

But while the total cost of the ride is clearly marked,

1:01.4

what is often not clear is the assortment of fees beyond the

1:04.9

base fare. I don't know that a lot of people know about some of these fees. I

1:08.2

didn't realize some of them till I really took a in-depth look at my Uber receipt.

1:12.0

We'll go through the numbers with Wall Street Journal

1:14.1

Travel Columnist Dawn Gilbertson, after the break. AI may be the most important new computer technology ever, but AI needs a lot of

1:37.1

processing speed and that gets expensive fast. Upgrade to the next generation of the

1:42.2

cloud, Oracle Cloud Infrastructure or

...

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