How the Trump administration's crackdown on international students could affect the economy



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Uber is offering ride-hailing drivers something that many haven't seen in years: Big bonuses.
The ride-hailing service is coaxing some drivers to take more rides, offering up to several hundred dollars in "incentive" pay if they complete a set number of rides within a set time period, according to several screenshots of the offers seen by Business Insider.
In one example, a driver was offered $525 if the driver completed 45 trips within a few days. Similar offers involved smaller payouts and fewer trips, but paid out proportional amounts of $10 to $12 per trip.
That's a huge pay bump for many drivers, who make as little as a few dollars per trip, said Sergio Avedian, an Uber driver and senior contributor to the gig-driver-advocacy blog and YouTube channel The Rideshare Guy.
The bonuses might also be Uber's attempt to get more drivers on the road to meet rider demand during busy periods like Halloween and the holiday travel season, Avedian said.
"This may tell the story that they need supply," he said. "They're saying that we need to get everybody out there."
Some drivers have also gotten messages from Uber encouraging them to refer friends to sign up as drivers or get those who haven't driven in a couple of years back on the app, according to screenshots seen by Business Insider. Payment for those referrals can reach up to $1,225.
The payments are a potential boon to Uber drivers, whose pay can vary significantly between cities.
Uber drivers have to cover their own costs, such as car maintenance, since they are independent contractors, not full-time employees. Rising gas prices have eaten into drivers' pay after the US and Israel started a war with Iran earlier this year.
An Uber spokesperson did not provide details on why the company is offering the payments.
Uber has used targeted incentive payments before.
In 2021, demand for rides began to outpace the number of available drivers after many had stopped driving during the pandemic.
In response, the company decided "to invest fast and to invest aggressively in attracting drivers back to Uber" and increased the number of active drivers on the app by 65% between January and November that year, CEO Dara Khosrowshahi said on an earnings call at the time. Uber later pulled back on the extra pay.
"When we were coming out of the pandemic, they were short tons of drivers," said Avedian, who was driving for Uber at the time. "It was crazy bonuses out there."
More recently, riders have been paying more per mile and waiting longer for their rides to show up, according to a study published last month.
Do you have a story idea about Uber? Contact this reporter at abitter@businessinsider.com or via encrypted messaging app Signal at 808-854-4501. Use a personal email address, a nonwork WiFi network, and a nonwork device; here's our guide to sharing information securely.
Inquiry chair says failure to advise care homes to isolate people discharged from hospital was ‘significant oversight’
• UK politics live – latest updates
The care sector was “an afterthought” during the Covid-19 pandemic, and government failures caused the virus to spread “like wildfire” among vulnerable and elderly people, a public inquiry has found.
Heather Hallett, who is leading the Covid-19 inquiry, said it was a “significant omission” that the government did not advise that patients discharged from hospitals into care homes should be isolated, causing the virus to spread rapidly among residents and staff.
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© Photograph: Stefan Rousseau/PA

© Photograph: Stefan Rousseau/PA

© Photograph: Stefan Rousseau/PA

Agnes Applegate/BI
I've been following and interviewing tiny team founders for the last year. As part of my ongoing research, I popped into the Series HQ workspace last month to observe how these founders are running their small teams.
As the elevator doors opened on the top floor of the Chelsea office building, the Series HQ office manager, a 21-year-old NYU student, greeted me. Balancing on a skateboard, the tall, young, and very casually dressed Gen Zer fit right in among the cohort of founders he works for.
Most of the founders at Series HQ are either straight out of college or under 30, with many of their startups being in early funding rounds.
"I do honestly think if you're 35 or 40 thinking about starting a company now, it's probably too late," Nathaneo Johnson, the 22-year-old Series cofounder, said. He recognizes that as a "harsh belief" but believes the average founder age at Series HQ reflects a growing community of young entrepreneurs.
Series itself was launched in 2024 by Johnson and Sean Hargrow as an AI social networking app for iMessage. After they both graduated from Yale and raised $5.1 million in pre-seed funding, the pair signed a lease for over 10,000 square feet of office space. They tacked on "HQ" to distinguish between the coworking space and the business.
When they moved their company into the building last October, they had roughly eight to 10 people on their team. The pair was preparing for growth, but AI has helped to keep their head count lean, and their tenants operate with similarly sized staff.
As I scanned the still mostly empty office, it seemed the tiny teams didn't require much to function. What stood out to me — more than the young, mostly male office demographic — was each company's desire to be around more people, despite operating with as few employees as possible.
I was at the office around 3 p.m. on a Thursday, and about a dozen people from at least five different companies were working, mostly young men and a few young women. The space usually hosts about 15 to 20 startups, and members have 24-hour access when possible, Johnson said.

Agnes Applegate/BI
In August, Series HQ charged between $1,250 and $4,000 for workstation pods that hold up to four people. For more privacy, founders can rent the glass pods for $5,000 to $9,000 a month. The more expensive rental options include meals cooked on-site by the private chef they hired last year to curb their takeout costs.

Agnes Applegate/BI
In the massive main room, across from the scattered row of founder workstations, was a basketball hoop and a roughly $21,000, beat-up robot holding a football.

Agnes Applegate/BI
When they talked about their robot, which was slightly broken during my visit, the room lit up.
It fascinated me that these founders would incur the expense to work in such a large office. They didn't need all of this physical space — which was, in some ways, obvious, as most of it still looked sparse with objects.

Agnes Applegate/BI
Many of the founders I talked to are around my age — 23 — and graduated from high school during the pandemic, when so much social and work interaction moved online. Now building companies, the appeal of Series HQ seemed to be less about the fancy office with a private rooftop and chef, and mainly about having like-minded coworkers to build in-person with.
Zain Ahmad, who was a summer tenant at Series HQ, works at the AI startup Evos. He said Evos found Series from the promotional drone videos that took over their social media platforms all summer.
"We figured if they're good enough to end up on both of our For You pages and get this much traction, there's a lot to learn from them and be in that space," he said.
Evos rented one of the private glass pods and, during my visit, gave me a tour of their space. Inside the small glass office, we stood in front of their two desks, chatting directly across from a small couch and coffee cart.

Agnes Applegate/BI
In between investor calls, which he said were powered by cups of tea with creatine honey, Ahmad confessed he has taken quite a few naps on that couch. An average workday for them is around 8:30 a.m. to around 10 p.m., sometimes longer. As tenants of Series HQ, they were in the office around six days a week.
He explained the concrete environmental benefits for Evos, which creates specialized agentic AI workflows for traditional industries. Ahmad said they were able to meet a new hire because the new hire was another tenant at Series. They even learned about their most-used AI tool at the moment through the Series team: Aside, an AI-powered browser.
Turnover was high at the beginning of the experiment, Johnson said. Partly because some of the summer tenants were just in town between school semesters. But those tenants probably didn't feel too far from home, since the vibe here more closely resembled a college campus than a midtown office.

Agnes Applegate/BI
The majority of companies working in the space are AI or technology startups. Logan Milano, the 23-year-old founder of the drink brand Amryth, is one of the few non-tech founders. He recently graduated from college and said he spends well over 40 hours a week here despite living close by.
Milano said all he needs to operate his business is "my laptop, a good place to lock in, and being around other people who are building."

Agnes Applegate/BI
This was an overall sentiment I heard. Many of these young founders lived a hop, skip, and a jump away, based on the commutes they told me about. But simply being around others who are building is, in some ways, one of the biggest benefits.
"Even if we're getting dinner or going out or something, it's like you're still kind of thinking about work and it's all kind of related," he said about the Series community. Adding that "sourcing opportunities" everywhere likely drew them together and is their biggest similarity.
At a time when AI is making it possible to build companies with fewer employees and building solo can be the dream for many, these young founders don't need, or necessarily want to run their business with tons of employees, but they still seem to really want coworkers.
When I asked Milano if he's ever spent the night at the Series office, he smiled, looked over at one of the Series team members, and said, "Am I allowed to say?"
Do you have a story to share about working on a tiny team? If so, please reach out to the reporter at aapplegate@businessinsider.com.
Andy Haldane writes that Conservative economic plans would be best for growth ahead of Healey budget
Badenoch says Britain needs tax cuts.
We need to get out of the way of job creators who make our country richer. We need to encourage risk taking, wealth creation, enterprise.
Britain’s tax burden has never been higher. You are taxed on the heating in your home. You’re taxed at the petrol pump filling up your car. You’re taxed when you insure that car. You’re taxed if you take the family away on holiday. You’re taxed if you stay in the UK thanks to Andy Burnham’s tourist tax. You’re taxed to buy a home, taxed to live in a home, taxed to pass on your home. This is clearly not working. Britain does not feel better off.
Andy Burnham wrote in The Times yesterday about the moral outrage of the current benefit system. But as far as I could work out, his answer is to spend even more on benefits.
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© Photograph: Anadolu/Getty Images

© Photograph: Anadolu/Getty Images

© Photograph: Anadolu/Getty Images
The meeting brought together the Federation of Chambers and Associations of Commerce and Production of Venezuela (Fedecámaras), the Federation of Chambers and Companies of Venezuela (Fedeindustria) and the country’s various union confederations.
The dialogue table evaluated the progress made in the days of debate focused on restoring workers’ purchasing power.
RELATED: Venezuela Promotes Venezuela Feeds Plan and Local Economy Law to Achieve “Hunger 0”
Three core areas shaped the agenda. The first was the progressive conversion of workers’ income into formal salary, a shift the government describes as progressive salary restructuring.
The second involved adjusting salary scales and tables. The third centered on designing guarantees of stability for Venezuelan workers. In this sense, the working group also reviewed draft laws and regulatory instruments meant to shield the framework of social and economic protection for workers.
Venezuelan Acting President Rodríguez reiterated the government’s unwavering commitment to protecting the inalienable rights conquered by the people. She insisted on preserving the workday, end of year bonuses, additional bonuses, vacations, seniority premiums and social benefits in the face of external economic aggression. Following this, the authorities said the three-way dialogue strengthens the model of social justice and lays the groundwork for sovereign economic growth.
The government’s participants included Economy Minister and sector Vice-president Anabel Pereira, Sectoral Vice President for Social and Territorial Socialism Héctor Rodríguez, Planning Minister Ricardo Menéndez and Economy Sectoral Vice-President Calixto Ortega. Labor Minister Carlos Alexis Castillo, University Education Minister Ana María San Juan and Presidential Commissioner for the Constituent Assembly and Labor Consensus Eduardo Piñate also attended.
The labor meeting follows Rodríguez’s announcement days earlier before the UN Food and Agriculture Organization (FAO) that the executive will submit a draft Law for the Local Economy to the National Assembly.
Rodríguez explained that the legal text has as its strategic objective the dynamization of the domestic productive apparatus through the effective linkage of the different economic sectors of the country. Before the multilateral delegations, the Venezuelan Acting President detailed the guiding principles of the norm, designed to strengthen the food sovereignty and security of the Venezuelan people against the blockade of foreign powers.