Mike McNeil, author at Seeking Alpha, discusses why he is bullish on Starbucks stock for 2018. We also talk about the company's latest announcement that it will boost worker pay and benefits thanks to savings from the new U.S. tax plan. McNeil cites the company's expansion in China, its growing membership rewards program, and its ability to tailor menus based on store locations as reasons to be bullish on the stock.

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Small grocers and convenience stores feel an impact as customers go without SNAP benefits
Some small grocery stores and neighborhood convenience stores are eager for the U.S. government shutdown to end and for their customers to start receiving federal food aid again. Late last month, the Trump administration froze funding for the SNAP benefits that about 42 million Americans use to buy groceries. The U.S. Department of Agriculture says about 74% of the assistance was spent last year at superstores like Walmart and supermarkets like Kroger. Around 14% went to smaller stores that are more accessible to SNAP beneficiaries. A former director of the United Nations World Food Program says SNAP is not only a social safety net for families but a local economic engine that supports neighborhood businesses.
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