ECONOMY - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/ECONOMY News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) French premier rejects notion country is ‘sick’ http://www.sltrib.com/sltrib/money/58441442-79/france-german-valls-sick.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58441442-79/france-german-valls-sick.html.csp">French premier rejects notion country is ‘sick’</a></h4> <span class="author vcard"><span class="fn">By FRANK JORDANS</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-22T08:56:02.377-06:00">Updated Sep 22, 2014 08:56AM MDT</span></h5> <div class ="entry-content">Berlin • France’s prime minister on Monday dismissed the view that his country is “sick,” and insisted that it is both willing and able to carry out economic reforms. Manuel Valls spoke after a meeting in Berlin with German Chancellor Angela Merkel at which France’s efforts to improve its competitiveness were the focus of discussions. Ahead of Valls’ two-day visit to Germany the country’s biggest selling newspaper, Bild, referred to France as “Krankreich” — twisting the German word for France, “...</div> <h5><a rel="item-license" href="#license-584414422014-09-22T08:56:02.377-06:00" id="#license-2014-09-22T08:56:02.377-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58441442@www.sltrib.com Mon, 22 Sep 2014 08:56:02 MDT Gauge of U.S. economy up 0.2 percent in August http://www.sltrib.com/sltrib/money/58432805-79/percent-economy-august-index.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58432805-79/percent-economy-august-index.html.csp">Gauge of U.S. economy up 0.2 percent in August</a></h4> <span class="author vcard"><span class="fn">By MARTIN CRUTSINGER</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-19T10:23:02.544-06:00">Updated Sep 19, 2014 10:23AM MDT</span></h5> <div class ="entry-content">Washington • A gauge designed to predict the economy’s future health rose in August but at a much slower pace than in July. The Conference Board said Friday that its index of leading indicators rose 0.2 percent in August, the seventh straight increase. But that was much slower than the revised 1.1 percent gain in July. “The leading indicators point to an economy that is gaining traction, but most likely won’t repeat its stellar second quarter performance in the second half,” said Conference Boar...</div> <h5><a rel="item-license" href="#license-584328052014-09-19T10:23:02.544-06:00" id="#license-2014-09-19T10:23:02.544-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58432805@www.sltrib.com Fri, 19 Sep 2014 10:23:02 MDT Brighter economy driving up holiday hiring plans http://www.sltrib.com/sltrib/money/58428727-79/holiday-percent-workers-hiring.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58428727-79/holiday-percent-workers-hiring.html.csp">Brighter economy driving up holiday hiring plans</a></h4> <span class="author vcard"><span class="fn">By ANNE D’INNOCENZIO and PAUL WISEMAN </span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-18T15:22:53.639-06:00">Updated Sep 18, 2014 03:22PM MDT</span></h5> <div class ="entry-content">New York • UPS will hire up to 95,000. Kohl’s plans to take on 67,000 and FedEx 50,000. Wal-Mart will add 60,000. One after the other, a flurry of major U.S. retail and transportation companies announced sharp increases this week in the number of temporary workers they plan to hire for the holiday season. Collectively, such hiring could reach its highest point this year for stores since 1999, when the economy was roaring and the Great Recession was still eight years away. Credit the combination ...</div> <h5><a rel="item-license" href="#license-584287272014-09-18T15:22:53.639-06:00" id="#license-2014-09-18T15:22:53.639-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58428727@www.sltrib.com Thu, 18 Sep 2014 15:22:53 MDT Weak uptake for new eurozone stimulus program http://www.sltrib.com/sltrib/money/58428455-79/loans-banks-ecb-economy.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58428455-79/loans-banks-ecb-economy.html.csp">Weak uptake for new eurozone stimulus program</a></h4> <span class="author vcard"><span class="fn">By DAVID McHUGH</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-18T08:42:01.476-06:00">Updated Sep 18, 2014 08:42AM MDT</span></h5> <div class ="entry-content">Frankfurt, Germany • The European Central Bank has launched a new stimulus program aimed at getting banks to lend more — but low demand for the first round of its super-cheap loans suggests the difficulty the ECB faces in reviving the economy. The central bank for the 18-country eurozone on Thursday handed out $107 billion in ultra-low interest loans to 255 banks. Demand undershot even the low end of expectations. The idea is to have banks use the easy money to lend more to companies. Banks pay...</div> <h5><a rel="item-license" href="#license-584284552014-09-18T08:42:01.476-06:00" id="#license-2014-09-18T08:42:01.476-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58428455@www.sltrib.com Thu, 18 Sep 2014 08:42:01 MDT Ireland economy grows 7.7 percent, leads eurozone http://www.sltrib.com/sltrib/money/58428446-79/ireland-growth-percent-economy.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58428446-79/ireland-growth-percent-economy.html.csp">Ireland economy grows 7.7 percent, leads eurozone</a></h4> <span class="author vcard"><span class="fn">By SHAWN POGATCHNIK</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-18T08:36:02.043-06:00">Updated Sep 18, 2014 08:36AM MDT</span></h5> <div class ="entry-content">Dublin • Ireland’s economy is growing at a rapid pace last experienced at the tail-end of the Celtic Tiger boom, government statisticians reported Thursday as economists declared an end to the country’s financial doldrums. The report from the Central Statistics Office said gross domestic product grew 7.7 percent from July 2013 to June 2014, the biggest annual rate of growth since early 2007. It said quarterly GDP rose 1.5 percent versus the January-March quarter. Finance Minister Michael Noonan ...</div> <h5><a rel="item-license" href="#license-584284462014-09-18T08:36:02.043-06:00" id="#license-2014-09-18T08:36:02.043-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58428446@www.sltrib.com Thu, 18 Sep 2014 08:36:02 MDT Good news on economy pushes stocks to record highs http://www.sltrib.com/sltrib/money/58428396-79/percent-fell-close-fed.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58428396-79/percent-fell-close-fed.html.csp">Good news on economy pushes stocks to record highs</a></h4> <span class="author vcard"><span class="fn">By MATTHEW CRAFT </span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-18T15:07:21.479-06:00">Updated Sep 18, 2014 03:07PM MDT</span></h5> <div class ="entry-content">New York • More encouraging economic news and friendly signals from the Federal Reserve cheered investors on Thursday, as the stock market climbed to another record high. The gains came a day after the Fed made clear that it’s in no hurry to raise a key bank lending rate, easing a major concern for the stock market. Eight of 10 industry groups in the Standard & Poor’s 500 index rose, led by financial stocks. “The question isn’t ‘Why are we up today?’” said Dan Veru, chief investment officer at P...</div> <h5><a rel="item-license" href="#license-584283962014-09-18T15:07:21.479-06:00" id="#license-2014-09-18T15:07:21.479-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58428396@www.sltrib.com Thu, 18 Sep 2014 15:07:21 MDT Credit-easing steps by central banks, at a glance http://www.sltrib.com/sltrib/money/58425782-79/bank-rate-banks-central.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58425782-79/bank-rate-banks-central.html.csp">Credit-easing steps by central banks, at a glance</a></h4> <span class="author source-org vcard"><span class="org fn">By The Associated Press </span></span> <h5><span class="updated" title="2014-09-17T16:05:02.11-06:00">Updated Sep 17, 2014 04:05PM MDT</span></h5> <div class ="entry-content">On Wednesday, the Federal Reserve signaled that it plans to keep a key interest rate at a record low because a broad range of U.S. economic measures remain subpar. It said it intends to keep its benchmark rate near zero as long as inflation remains under control, until it sees consistent gains in wage growth, long-term unemployment and other gauges of the job market. The Fed reiterated that it plans to keep short-term rates low “for a considerable time” after it ends its monthly bond purchases i...</div> <h5><a rel="item-license" href="#license-584257822014-09-17T16:05:02.11-06:00" id="#license-2014-09-17T16:05:02.11-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58425782@www.sltrib.com Wed, 17 Sep 2014 16:05:02 MDT Fed forecasts a slightly faster increase in rates http://www.sltrib.com/sltrib/money/58425082-79/percent-fed-rate-increase.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58425082-79/percent-fed-rate-increase.html.csp">Fed forecasts a slightly faster increase in rates</a></h4> <span class="author vcard"><span class="fn">By CHRISTOPHER S. RUGABER</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-17T12:58:02.568-06:00">Updated Sep 17, 2014 12:58PM MDT</span></h5> <div class ="entry-content">Washington • Federal Reserve policymakers are considering a slightly faster increase in the Fed’s benchmark interest rate in 2015 than they did three months ago. The Fed has kept its benchmark rate at a record-low level near zero since 2008 to try to boost economic growth. Most economists expect the first rate increase to happen by the middle of next year. A Fed statement indicated little change in the timing of that first increase. The median short-term interest rate supported by Fed policymake...</div> <h5><a rel="item-license" href="#license-584250822014-09-17T12:58:02.568-06:00" id="#license-2014-09-17T12:58:02.568-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58425082@www.sltrib.com Wed, 17 Sep 2014 12:58:02 MDT World Bank: Palestinian economy to shrink in 2014 http://www.sltrib.com/sltrib/money/58419926-79/gaza-bank-palestinian-economy.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58419926-79/gaza-bank-palestinian-economy.html.csp">World Bank: Palestinian economy to shrink in 2014</a></h4> <span class="author vcard"><span class="fn">By KARIN LAUB</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-16T09:18:01.91-06:00">Updated Sep 16, 2014 09:18AM MDT</span></h5> <div class ="entry-content">Ramallah, West Bank • The Palestinian economy is expected to contract for the first time in seven years in 2014, the result of the recent Gaza war, continued Israeli and Egyptian restrictions on Palestinian trade and a drop in foreign aid, the World Bank said Tuesday. The bank issued the report ahead of a meeting next week of donor nations to the Palestinians on the sidelines of the U.N. General Assembly. The bleak forecast is a “wake-up call to everyone” that the status quo, particularly in Gaz...</div> <h5><a rel="item-license" href="#license-584199262014-09-16T09:18:01.91-06:00" id="#license-2014-09-16T09:18:01.91-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58419926@www.sltrib.com Tue, 16 Sep 2014 09:18:01 MDT Speculation swirls over Fed language on rate hike http://www.sltrib.com/sltrib/money/58416328-79/fed-rates-considerable-rate.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58416328-79/fed-rates-considerable-rate.html.csp">Speculation swirls over Fed language on rate hike</a></h4> <span class="author vcard"><span class="fn">By MARTIN CRUTSINGER</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-15T14:23:02.889-06:00">Updated Sep 15, 2014 02:23PM MDT</span></h5> <div class ="entry-content">Washington • When the Federal Reserve issues a policy statement after it meets this week, the financial world will be on high alert for two words: “Considerable time.” The presence or absence of that phrase will trigger a rush to assess the likely timing of the Fed’s first increase in interest rates since it cut them to record lows in 2008. The Fed’s recent statements have said it expects to keep its key short-term rate near zero for a “considerable time” after it stops buying Treasurys and mort...</div> <h5><a rel="item-license" href="#license-584163282014-09-15T14:23:02.889-06:00" id="#license-2014-09-15T14:23:02.889-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58416328@www.sltrib.com Mon, 15 Sep 2014 14:23:02 MDT Think tank cuts Eurozone economic growth forecast http://www.sltrib.com/sltrib/money/58415739-79/percent-eurozone-growth-cut.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58415739-79/percent-eurozone-growth-cut.html.csp">Think tank cuts Eurozone economic growth forecast</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-09-15T09:27:02.371-06:00">Updated Sep 15, 2014 09:27AM MDT</span></h5> <div class ="entry-content">Frankfurt, Germany • A major international organization has cut its growth forecast for the countries that use the euro and says the troubled currency union needs even more stimulus from the central bank and governments. The Organization for Economic Cooperation and Development, a think tank dealing with the world’s developed countries, cut its forecasts for the eurozone this year to 0.8 percent from 1.2 percent in its May assessment. The Paris-based OECD also cut its growth forecasts for the U....</div> <h5><a rel="item-license" href="#license-584157392014-09-15T09:27:02.371-06:00" id="#license-2014-09-15T09:27:02.371-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58415739@www.sltrib.com Mon, 15 Sep 2014 09:27:02 MDT Greece makes further progress on budget front http://www.sltrib.com/sltrib/money/58406972-79/greece-budget-further-government.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58406972-79/greece-budget-further-government.html.csp">Greece makes further progress on budget front</a></h4> <span class="author vcard"><span class="fn">By DEREK GATOPOULOS</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-12T12:56:01.95-06:00">Updated Sep 12, 2014 12:56PM MDT</span></h5> <div class ="entry-content">Athens • Greece has made its second successful return to the bond markets as the government revealed Friday it was beating a key bailout budget target — and by a big margin. The developments provide further evidence that Greece is slowly weaning itself from the rescue funds that have kept it afloat over the past few years. When Greece was unable to raise money in the bond markets in 2010, it had to be bailed out by its partners in the euro-currency zone and the International Monetary Fund. In re...</div> <h5><a rel="item-license" href="#license-584069722014-09-12T12:56:01.95-06:00" id="#license-2014-09-12T12:56:01.95-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58406972@www.sltrib.com Fri, 12 Sep 2014 12:56:01 MDT World stocks drift as investors await Fed meeting http://www.sltrib.com/sltrib/money/58406189-79/percent-fed-investors-meeting.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58406189-79/percent-fed-investors-meeting.html.csp">World stocks drift as investors await Fed meeting</a></h4> <span class="author vcard"><span class="fn">By KELVIN CHAN</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-12T08:24:02.142-06:00">Updated Sep 12, 2014 08:24AM MDT</span></h5> <div class ="entry-content">Hong Kong • Global financial markets struggled for direction Friday as investors await next week’s policy meeting of the U.S. Federal Reserve. Solid retail sales data may reinforce expectations that the Fed may start raising interest rates sooner than had been expecting. KEEPING SCORE: France’s CAC 40 slipped 0.2 percent to 4,434 and Germany’s DAX lost 0.3 percent to 9,663. Britain’s FTSE 100 added 0.2 percent to 6,814. U.S. stocks were set to open slightly lower, with Dow futures and the broade...</div> <h5><a rel="item-license" href="#license-584061892014-09-12T08:24:02.142-06:00" id="#license-2014-09-12T08:24:02.142-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58406189@www.sltrib.com Fri, 12 Sep 2014 08:24:02 MDT Letter: Reform immigration to build American business http://www.sltrib.com/sltrib/opinion/58402884-82/immigration-reform-immigrants-skilled.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58402884-82/immigration-reform-immigrants-skilled.html.csp">Letter: Reform immigration to build American business</a></h4> <h5><span class="updated" title="2014-09-11T17:29:01.642-06:00">Updated Sep 11, 2014 05:29PM MDT</span></h5> <div class ="entry-content">Having got my M.S. in computer science from Utah State and my MBA from BYU, I am surprised how hard the U.S. immigration policies make it for highly skilled immigrants to contribute to the growth of the economy. Most of us live here by choice in this great country, but U.S. policies are increasingly hostile toward highly skilled immigrants and force us to return and compete against the U.S. It’s very hard for us to invest in the U.S., knowing that we could lose our jobs and be deported immediat...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58402884@www.sltrib.com Thu, 11 Sep 2014 17:29:01 MDT Letter: Raising minimum wage saves money, stimulates economy http://www.sltrib.com/sltrib/opinion/58403049-82/wage-fast-green-minimum.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58403049-82/wage-fast-green-minimum.html.csp">Letter: Raising minimum wage saves money, stimulates economy</a></h4> <h5><span class="updated" title="2014-09-11T17:29:01.813-06:00">Updated Sep 11, 2014 05:29PM MDT</span></h5> <div class ="entry-content">James Green (“Sealing Their Own Fate,” Sept. 9) insists that raising fast-food workers’ pay to $15 an hour would create more poverty and it’s ridiculous to ask a business to pay that much. His statements are just as preposterous. Major fast food chains are profiting by millions of dollars and can afford to increase wages; furthermore, most Americans would pay higher prices to see workers make a decent living. Green and like thinkers often rail against food stamps and Medicaid and fail to real...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58403049@www.sltrib.com Thu, 11 Sep 2014 17:29:01 MDT As Venezuela economy worsens, fears of default http://www.sltrib.com/sltrib/money/58403691-79/default-venezuela-economy-maduro.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58403691-79/default-venezuela-economy-maduro.html.csp">As Venezuela economy worsens, fears of default</a></h4> <span class="author vcard"><span class="fn">By HANNAH DREIER</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-11T15:34:02.273-06:00">Updated Sep 11, 2014 03:34PM MDT</span></h5> <div class ="entry-content">Caracas, Venezuela • President Nicolas Maduro is reassuring foreign creditors that Venezuela’s government will make good on a $4.5 billion foreign debt payment due next month. But economists are uttering the D-word for the first time, noting the inflation-ravaged economy is stumbling with basic goods in short supply and the currency eroding in value. Maduro has repeatedly said default is not an option. On Wednesday, he reiterated his administration’s commitment to pay “down to the last dollar.” ...</div> <h5><a rel="item-license" href="#license-584036912014-09-11T15:34:02.273-06:00" id="#license-2014-09-11T15:34:02.273-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58403691@www.sltrib.com Thu, 11 Sep 2014 15:34:02 MDT U.S. recovery drives the dollar sharply higher http://www.sltrib.com/sltrib/money/58393249-79/dollar-percent-economy-says.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58393249-79/dollar-percent-economy-says.html.csp">U.S. recovery drives the dollar sharply higher</a></h4> <span class="author vcard"><span class="fn">By STEVE ROTHWELL</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-09T10:00:02.935-06:00">Updated Sep 9, 2014 10:00AM MDT</span></h5> <div class ="entry-content">New York • In the world of currencies, the dollar is starting to look like a safe home in a tough neighborhood. A strengthening U.S. economy, combined with a gloomy outlook for growth elsewhere in the world, is pushing the U.S. currency sharply higher. The dollar is up 6.4 percent against a group of major currencies since the start of May and has risen in three of the past four months. The U.S. currency climbed to its highest level in six years against the Japanese yen Tuesday, and it’s trading ...</div> <h5><a rel="item-license" href="#license-583932492014-09-09T10:00:02.935-06:00" id="#license-2014-09-09T10:00:02.935-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58393249@www.sltrib.com Tue, 09 Sep 2014 10:00:02 MDT Bank of England signals rates to rise in spring http://www.sltrib.com/sltrib/money/58393047-79/bank-england-rates-rise.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58393047-79/bank-england-rates-rise.html.csp">Bank of England signals rates to rise in spring</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-09-09T09:13:02.144-06:00">Updated Sep 9, 2014 09:13AM MDT</span></h5> <div class ="entry-content">London • Bank of England Governor Mark Carney has signaled that Britain’s interest rates could start rising early next year. In a speech delivered Tuesday, Carney said the bank would meet its inflation target if it started lifting borrowing rates gradually in the spring, as investors currently expect. He said: “In other words, we would achieve our mandate.” The comments are among the clearest indications yet on when the Bank of England is likely to act. Currently, its nine-member monetary policy...</div> <h5><a rel="item-license" href="#license-583930472014-09-09T09:13:02.144-06:00" id="#license-2014-09-09T09:13:02.144-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58393047@www.sltrib.com Tue, 09 Sep 2014 09:13:02 MDT Japanese economy contracted 7.1 percent in quarter http://www.sltrib.com/sltrib/money/58388618-79/percent-economy-spending-tax.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58388618-79/percent-economy-spending-tax.html.csp">Japanese economy contracted 7.1 percent in quarter</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-09-09T14:38:12.834-06:00">Updated Sep 9, 2014 02:38PM MDT</span></h5> <div class ="entry-content">Tokyo • Japan’s economy contracted at a larger than earlier estimated annual rate of 7.1 percent in April-June, the government said Monday. Revised data showed business investment fell more than twice as much as estimated before, or 5.1 percent, while private residential spending sank 10.4 percent. The earlier estimate showed the economy contracting 6.8 percent. The recovery of the world’s third-largest economy has slowed following an increase in the sales tax to 8 percent from 5 percent on Apri...</div> <h5><a rel="item-license" href="#license-583886182014-09-09T14:38:12.834-06:00" id="#license-2014-09-09T14:38:12.834-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58388618@www.sltrib.com Tue, 09 Sep 2014 14:38:12 MDT Utes, Cougs, Jazz give Utah big economic bump http://www.sltrib.com/sltrib/sports/58374541-77/utah-percent-business-jazz.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/sports/58374541-77/utah-percent-business-jazz.html.csp">Utes, Cougs, Jazz give Utah big economic bump</a></h4> <span class="author vcard"><span class="fn">By Tom Wharton</span></span> <span class="source-org vcard"><span class="org fn"> The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-09-05T09:54:16.324-06:00">Updated Sep 5, 2014 09:54AM MDT</span></h5> <div class ="entry-content">When the University of Utah plays football or there is a Jazz game, The Pie Pizzeria owner Mike Palmer notices a bump in his business. “It’s very important,” he said of the crowds produced before and after Ute football and basketball games at the basement eatery adjacent to the U. campus. “We always do better when we win. Delivery, takeout and dine-in are all impacted for sure. We see some impact from the Jazz, but we are further from them.” That spike in business probably would not surprise th...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58374541@www.sltrib.com Fri, 05 Sep 2014 09:54:16 MDT