Thu, Jan 21, 2021 5:30 PM
CreditAccess Grameen wins ‘Micro Finance Organisation of the Year’ award
A Flip by Flipitnews
Starbucks (NASDAQ: SBUX) stock kind of stinks this week. Investors reacted to the company's Tuesday earnings report (sales down 2%, and profits down 14% year over year) with a 16% sell-off Wednesday, and Starbucks stock hasn't bounced back yet -- but it might. On Wednesday, BTIG analyst Peter Saleh made the argument that Starbucks stock, which costs about $75 today, will return to $100 in year.
Open Flip
PALO ALTO, California (Reuters) - New York Federal Reserve Bank President John Williams on Friday said he believes the U.S. central bank's 2% target for inflation is "critical" to its efforts to achieve price stability. "Theory and experience have also shown the importance of transparency and clear communication, including setting an explicit, numerical longer-run inflation target."
Open Flip
The U.S. Federal Reserve should beef up its quarterly "dot plot" of policymakers' interest-rate-path views by including the individual economic expectations that inform each one, Austan Goolsbee, president of the Chicago Fed, said on Friday. The dot plot, published every three months since 2012, is a graph depicting where each of the 19 U.S. central bankers experts.
Open Flip
