Story perspectives
Supreme Court Ruling and NYC Pay Hike Impact Markets
6/23/2025
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Story summary
- The Supreme Court's ruling limits ADA lawsuits for retirees, affecting Karyn Stanley's case against Sanford.
- The Department of Labor paused enforcement of a farmworker regulation due to legal and operational uncertainties.
- New York City is considering a 5% minimum-pay increase for rideshare drivers, pending a vote, amid consumer price concerns.
- Lyft and Uber shares declined following the announcement of the proposed pay increase.
