Key Currency Exchange Rates for Friday, 6/29/18
American Dollar to Canadian Dollar = 0.754769;
American Dollar to Chinese Yuan = 0.151038;
American Dollar to Euro = 1.165498;
American Dollar to Japanese Yen = 0.009038;
American Dollar to Mexican Peso = 0.050926.
http://www.x-rates.com/table/?from=USD&amount=1.00
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Minimum wage hikes go into effect in 19 states — here’s where
The flipping of the calendar brought with it increases in the minimum wage in select states across the country.
Nineteen states increased their minimum wages on Jan. 1, raising earnings for more than 8.3 million workers (list of states at end of article). For the first time, there are more workers in states with a $15 or greater minimum wage than in states with the federal minimum of $7.25, according to the Economic Policy Institute.
In addition, 47 cities and counties raised their minimum wages, adding to the number of workers likely to get larger paychecks.
The state with the biggest increase in 2026 is Hawaii, where the minimum wage increased by $2 per house, rising from $14 to $16. Other states with minimum wage increases include Arizona, California, Michigan, New Jersey and New York.
With the 2026 increases, Washington maintains its position as the state with the highest minimum wage in the country, with workers receiving $17.20 per hour. New York City is next, at $17 per hour (the increase also applies to New York’s Long Island and Westchester.)
ATA Truck Tonnage Index Fell 5.1% in July
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 5.1% in July after surging 8.9% in June. In July, the index equaled 109.6 (2015=100) compared with 115.5 in June. Despite July’s decline, the index was 3.3% above the recent low in May. June’s increase was revised up slightly to 8.9% from our July 21 press release. Compared with July 2019, the SA index contracted 8.3%, the fourth straight year-over-year decline. Year-to-date, compared with the same period in 2019, tonnage is down 3.2%.