Afternoon Coffee: Amazon Raises Minimum Wage to $15, Trump’s Bumpy Road to USMCA

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Jeff Bezos’ Amazon announced Tuesday it’s raising its minimum wage to $15. The move went over well with investors, Market Watch reported. The raise follows months of questions concerning how Amazon treats its warehouse workers. The pay change will take effect Nov. 1.

Timeline: From NAFTA to USMCA

Take a look at how the Trump administration spent two turbulent years retooling NAFTA into the USMCA, in a timeline by Supply Chain Dive.

Used Harleys Rattle New Hog Sales

New motorcycle sales for Harley-Davidson Inc. tumbled as more used Harleys sound better to buyers. Three used Harleys are sold in the U.S. for every new one, the Wall Street Journal says. New motorcycle sales in the U.S. are down by half from a 2006 peak, while used sales are up 13%, it says.

Manufacturing Grows, But Slower

And finally, a manufacturing update: After a record month in August, national factory activity declined in September but is still in growth territory, CNCB reported. The Institute for Supply Management said its index of national factory activity dropped 1.5 points to 59.8 last month from 61.3 in August, the highest since May 2004, CNBC said.

 

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