Fed official Williams sees steady 2.25 percent growth pace
Fed San Francisco president Williams remains confident U.S. output will grow about 2.25 percent this year. He favors a gradual rate rise, hedges on next meeting March 15 16, and expects inflation to hit 2 percent in two years while wage growth accelerates.
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Washington
John C. Williams
U.S
Federal Reserve Bank of San
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Los Angeles
Janet Yellen
Labor Department
Market rally boosted by oil price gains on Monday
U.S. stocks rose with the Dow up 1.4 percent to 16,620.66 and the S&P 500 at 1,945.50 as oil surged over 6 percent. Brent and US crude climbed, energy shares led by Alcoa and Freeport-McMoRan climbed, while investors eyed G20 ministers’ meetings for stimulus signals.
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GenElec
Facebook
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Sweet
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CME
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Starbucks reshapes rewards targeting small spenders
Starbucks will rework its My Starbucks Rewards program starting in April by valuing stars at two per dollar spent and requiring 125 stars for a free item. A $5 per-visit cap will reduce freebie eligibility for low spenders, while analysts say most customers will earn rewards at the same or better rate.
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New York
Starbucks
Matthew Ryan
Ryan
U.S
Vincent Fiorese
Fiorese
Starbucks Corp
Victims Support Apple FBI iPhone Hack in Terror Probe
Victims and families from the Southern California shootings vow to file briefs backing Magistrate Judge Sheri Pym of California’s order requiring Apple to help the FBI hack a locked iPhone. They seek answers about the attack and its broader national security implications while noting the device may reveal personal details. The case centers on the December 2 2015 San Bernardino attack linked to Islamic State inspirations.
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California
U.S
Apple Inc
FBI
Los Angeles
Stephen Larson
Eileen Decker
Larson
Justice Department
George Velasco
Yvette Velasco
Yvette
Apple
Sheri Pym
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