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NRF: Imports will slow in December as holiday rush ends
Washington, D.C. - Import cargo volume at the nation’s major retail container ports is expected to continue to slow down in December. According to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates, import volume at U.S. ports covered by the Global Port Tracker report is expected to total 1.37 million containers this month as the holiday shipping cycle winds down. -
Chicago City Council approves $13 minimum wage
New York - The City Council of Chiago has approved a boost in the minimum wage, gradually raising it to $13 an hour by 2019. The vote was pushed by Mayor Rahm Emanuel faces a reelection vote in February.
The plan raises Illinois' $8.25 rate – which is $1 higher than the federal rate – in small increments. It will get raised to $10 next year, and then increase by amounts of of 50 cents and $1. City officials estimate more than 400,000 Chicago workers will benefit.

