3.8 • 1.6K Ratings
🗓️ 9 August 2023
⏱️ 7 minutes
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0:00.0 | Join the Wall Street Journal online October 12th for WSJ Pro Sustainable Business Forum |
0:05.8 | and take away practical advice on how to build a sustainability strategy that's right for your business. |
0:11.5 | From now until September 21st, you can save 25% on your ticket by registering at WSJ.com |
0:18.8 | slash Sustainable Business, no code required. That's WSJ.com slash Sustainable Business. |
0:25.2 | Here's your money briefing for Wednesday, August 9th. I'm JR Welland for the Wall Street Journal. |
0:35.7 | Yesterday we told you about changes the auto industry has gone through, most notably rising |
0:40.2 | prices, as a result of the pandemic. Today we're focusing on ways people are using their cars |
0:46.4 | to make ends meet. There's a whole spectrum of cars and people rent out everything from |
0:51.1 | beaten up hold cars that are 10 or 15 years old to these high-end luxury cars or sports cars |
0:56.7 | that people want because they want to splurge on something. We'll talk to Wall Street Journal |
1:01.4 | reporter Ben Eisen after the break. Don't you wish your life came with a warning app? |
1:14.4 | Well life doesn't always give you time to change the outcome, but pre-diabetes does. |
1:18.4 | Take the one minute test today at doihavepre-diabetes.org, |
1:21.7 | brought to you by the Ad Council on its pre-diabetes awareness partners. |
1:31.8 | The latest version of gig work is people renting out their cars, |
1:35.6 | but car owners thinking it's a quick way to make money are realizing there's more to it. |
1:40.2 | WSJ reporter Ben Eisen joins me. Ben, who are these people renting cars to? |
1:45.6 | It's really anybody who needs to rent a car, so you think of somebody traveling on vacation, |
1:50.4 | someone who wants to get out of town. It's almost like Airbnb for cars. That's exactly what it is. |
1:56.6 | It's people who have a supply of something that they don't need or want to rent out, |
2:01.3 | and they're using that to compete with the likes of Hertz or Avis. |
2:06.0 | Yeah, there are a lot of places where people can rent a car, but what makes this an attractive |
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