The number of for-hire vehicles in New York City has doubled from 63, 000 in 2015 to more than 130,000 today. The influx of Ubers, Lyfts and other ride-share app vehicles on the road has caused the value of the city's taxi medallions to plummet along with drivers' wages. Driver advocates have pointed to those financial struggles as the reason for the suicides of six taxi drivers in recent months. But this month, New York became the first American city to regulate the ride-hailing app industry, with a year-long cap on new licenses. NewsHour Weekend's Hari Sreenivasan reports.