McDonald's announced this week that it will pay workers in its company-owned stores $1 more per hour than the local minimum wage. Wal-Mart, Target and the parent company of Marshalls and TJ Maxx have also promised to boost wages for their lowest-paid workers this year.
A New York Stock Exchange trader works on the floor on Dec. 17. Stocks rose nearly 300 points after the Federal Reserve announced it plans to begin raising interest rates next year.
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