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Uber, the popular ride-hailing app, just announced it has settled two class action lawsuits in California and Massachusetts in which drivers sought classification as employees and entitlement to overtime pay and more transparent handling of tips.
A recent study by the independent market research company, Braun Research, showed that Bostonians delay buying their first home at a much higher rate than the national average. A number of factors, such as waiting for marriage and children, led to their postponement. The report also explored other notable attitudes and behaviors among millennial buyers that influenced their buying patterns.
The study was sponsored by Bank of America. With approximately 47 million customers nationwide, it has an obvious interest in knowing why and how area residents purchase homes. Like other banks, BofA uses report statistics to modify their mortgage programs to reflect current population trends.