GROWTH - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/GROWTH News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) U.S. consumer confidence jumps to 90.9 in July http://www.sltrib.com/sltrib/money/58236779-79/confidence-july-90.9-consumers.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58236779-79/confidence-july-90.9-consumers.csp">U.S. consumer confidence jumps to 90.9 in July</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="2014-07-29T09:13:02.201-06:00">Updated Jul 29, 2014 09:13AM MDT</span></h5> <div class ="entry-content">Washington • U.S. consumers are more confident about the economy than they have been in nearly seven years. The Conference Board’s confidence index rose to 90.9 in July from an upwardly revised 86.4 in June. The July reading is the highest since October 2007, two months before the Great Recession officially began. It was the third straight increase in the index. Economists said that strong job growth has helped boost consumers’ assessment of current conditions and also improved their outlook on ...</div> <h5><a rel="item-license" href="#license-582367792014-07-29T09:13:02.201-06:00" id="#license-2014-07-29T09:13:02.201-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58236779@www.sltrib.com Tue, 29 Jul 2014 09:13:02 MDT U.S. companies fishing for growth overseas http://www.sltrib.com/sltrib/money/58232692-79/companies-growth-company-percent.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58232692-79/companies-growth-company-percent.html.csp">U.S. companies fishing for growth overseas</a></h4> <span class="author vcard"><span class="fn">By MICHAEL LIEDTKE</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-28T12:28:01.983-06:00">Updated Jul 28, 2014 12:28PM MDT</span></h5> <div class ="entry-content">San Francisco • Major U.S. companies are starting to reap their most rapid growth in fertile lands of opportunity far from home. Technology trendsetters Apple Inc., Google Inc., Facebook Inc. and Netflix Inc. all mined foreign countries to produce earnings or revenue that exceeded analysts’ projections in their latest quarters. Prodded by the steadily rising demand for Internet access and online services in developing countries, these technology companies will likely be wading even deeper into o...</div> <h5><a rel="item-license" href="#license-582326922014-07-28T12:28:01.983-06:00" id="#license-2014-07-28T12:28:01.983-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58232692@www.sltrib.com Mon, 28 Jul 2014 12:28:01 MDT Visa posts higher quarterly profits, revenues http://www.sltrib.com/sltrib/money/58224812-79/percent-visa-billion-growth.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58224812-79/percent-visa-billion-growth.html.csp">Visa posts higher quarterly profits, revenues</a></h4> <span class="author vcard"><span class="fn">The Associated Press</span></span> <h5><span class="updated" title="2014-07-25T15:09:02.019-06:00">Updated Jul 25, 2014 03:09PM MDT</span></h5> <div class ="entry-content">Foster City, Calif. • Visa Inc. said Thursday its profit climbed 11 percent in its fiscal third quarter versus a year earlier, aided by solid growth in payments volume, service revenue and transactions. The payments processor’s latest financial results beat or matched Wall Street expectations. But its stock slid 3 percent in extended trading after the company tempered its earnings outlook for the year, citing issues including a stronger U.S. dollar and slow growth in cross-border transactions, o...</div> <h5><a rel="item-license" href="#license-582248122014-07-25T15:09:02.019-06:00" id="#license-2014-07-25T15:09:02.019-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58224812@www.sltrib.com Fri, 25 Jul 2014 15:09:02 MDT Price of oil slips below $102 a barrel on Friday http://www.sltrib.com/sltrib/money/58224204-79/oil-barrel-cents-crude.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58224204-79/oil-barrel-cents-crude.html.csp">Price of oil slips below $102 a barrel on Friday</a></h4> <span class="author vcard"><span class="fn">By PABLO GORONDI</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-25T12:07:01.667-06:00">Updated Jul 25, 2014 12:07PM MDT</span></h5> <div class ="entry-content">The price of oil slipped below $102 a barrel on Friday, falling for a second day after spiking on lower U.S. inventories and tensions in Ukraine and the Middle East. By early afternoon in Europe, benchmark U.S. crude for September delivery was down 38 cents to $101.69 in electronic trading on the New York Mercantile Exchange. On Thursday, the Nymex contract dropped $1.05 to close at $102.07. Brent crude, a benchmark for international oils, was up 4 cents to $107.11 in trading on the ICE Futures ...</div> <h5><a rel="item-license" href="#license-582242042014-07-25T12:07:01.667-06:00" id="#license-2014-07-25T12:07:01.667-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58224204@www.sltrib.com Fri, 25 Jul 2014 12:07:01 MDT Across U.S. job market, layoffs are becoming rare http://www.sltrib.com/sltrib/world/58221868-68/employers-job-workers-economy.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/58221868-68/employers-job-workers-economy.html.csp">Across U.S. job market, layoffs are becoming rare</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press </span></span> <h5><span class="updated" title="2014-07-24T19:08:19.165-06:00">Updated Jul 24, 2014 07:08PM MDT</span></h5> <div class ="entry-content">Washington • The risk of losing your job is getting smaller and smaller. As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers. Which is why applications for unemployment benefits have dwindled to their lowest level since February 2006 — nearly two years before the Great Recession began — the government said Thursday. The trend means greater job security and suggests a critical turning point in the economic recovery. It rais...</div> <h5><a rel="item-license" href="#license-582218682014-07-24T19:08:19.165-06:00" id="#license-2014-07-24T19:08:19.165-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58221868@www.sltrib.com Thu, 24 Jul 2014 19:08:19 MDT Across U.S. job market, layoffs are becoming rare http://www.sltrib.com/sltrib/money/58220755-79/layoffs-employers-job-jobs.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58220755-79/layoffs-employers-job-jobs.html.csp">Across U.S. job market, layoffs are becoming rare</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press </span></span> <h5><span class="updated" title="2014-07-24T13:42:02.306-06:00">Updated Jul 24, 2014 01:42PM MDT</span></h5> <div class ="entry-content">Washington • The risk of losing your job is getting smaller and smaller. As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers. Which is why applications for unemployment benefits have dwindled to their lowest level since February 2006 — nearly two years before the Great Recession began — the government said Thursday. The trend means greater job security and suggests a critical turning point in the economic recovery. It raise...</div> <h5><a rel="item-license" href="#license-582207552014-07-24T13:42:02.306-06:00" id="#license-2014-07-24T13:42:02.306-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58220755@www.sltrib.com Thu, 24 Jul 2014 13:42:02 MDT IMF cuts U.S., global growth forecasts for 2014 http://www.sltrib.com/sltrib/money/58220767-79/percent-imf-growth-economy.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58220767-79/percent-imf-growth-economy.html.csp">IMF cuts U.S., global growth forecasts for 2014</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press </span></span> <h5><span class="updated" title="2014-07-24T13:38:02.137-06:00">Updated Jul 24, 2014 01:38PM MDT</span></h5> <div class ="entry-content">Washington • The International Monetary Fund foresees the global economy expanding less than it had previously forecast, slowed by weaker growth in the United States, Russia and developing economies. The lending organization predicted Thursday that global growth will be 3.4 percent in 2014, below its April forecast of 3.7 percent. But the fund still expects the growth of the world’s economy to accelerate a bit to 4 percent in 2015. The downgrade of this year’s estimate for the global economy ref...</div> <h5><a rel="item-license" href="#license-582207672014-07-24T13:38:02.137-06:00" id="#license-2014-07-24T13:38:02.137-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58220767@www.sltrib.com Thu, 24 Jul 2014 13:38:02 MDT U.S. unemployment aid applications drop to 284,000 http://www.sltrib.com/sltrib/money/58220769-79/unemployment-applications-aid-growth.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58220769-79/unemployment-applications-aid-growth.html.csp">U.S. unemployment aid applications drop to 284,000</a></h4> <span class="author source-org vcard"><span class="org fn">the Associated Press</span></span> <h5><span class="updated" title="2014-07-24T13:37:02.004-06:00">Updated Jul 24, 2014 01:37PM MDT</span></h5> <div class ="entry-content">Washington • The number of people seeking U.S. unemployment benefits fell last week to its lowest level in more than eight years. Weekly applications for unemployment aid dropped 19,000 to a seasonally adjusted 284,000, the Labor Department said Thursday. That’s the lowest reading since February 2006, nearly two years before the Great Recession began. The four-week average, a less volatile measure, declined 7,250 to 302,000. Claims for jobless aid have been falling for the past three months. Rec...</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> 58220769@www.sltrib.com Thu, 24 Jul 2014 13:37:02 MDT Utah’s job picture picked up steam in June http://www.sltrib.com/sltrib/money/58198044-79/percent-utah-job-june.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58198044-79/percent-utah-job-june.html.csp">Utah’s job picture picked up steam in June</a></h4> <span class="author vcard"><span class="fn">By Mike Gorrell</span></span> <span class="source-org vcard"><span class="org fn"> The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-07-18T11:30:02.192-06:00">Updated Jul 18, 2014 11:30AM MDT</span></h5> <div class ="entry-content">From a Utah jobs’ perspective, few months since the onset of the Great Recession have been as good as June. The state had 44,600 more residents on payrolls last month than in June 2013, a 3.5 percent year-over-year gain. At the same time, Utah’s unemployment rate also hit the 3.5 percent mark, falling 0.1 percent since May. “June’s job growth is the highest thus far in 2014, both in terms of rate and numerical change — a growing job market aligns with the downward trend in the unemployment rate ...</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> 58198044@www.sltrib.com Fri, 18 Jul 2014 11:30:02 MDT Economic indicators go up for fifth straight month http://www.sltrib.com/sltrib/money/58197748-79/growth-june-economic-indicators.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58197748-79/growth-june-economic-indicators.html.csp">Economic indicators go up for fifth straight month</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="2014-07-18T11:48:21.906-06:00">Updated Jul 18, 2014 11:48AM MDT</span></h5> <div class ="entry-content">Washington • A gauge designed to predict the economy’s future health increased in June for a fifth consecutive month, supporting the view that economic growth should accelerate in the second half of this year. The Conference Board said Friday its index of leading indicators rose 0.3 percent last month. That was slightly lower than forecast but the May increase was revised up to a 0.7 percent gain, a bit stronger than first estimated. The economy shrank sharply in the first three months of the ye...</div> <h5><a rel="item-license" href="#license-581977482014-07-18T11:48:21.906-06:00" id="#license-2014-07-18T11:48:21.906-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58197748@www.sltrib.com Fri, 18 Jul 2014 11:48:21 MDT Factory growth fastest in three years in Philly http://www.sltrib.com/sltrib/money/58194032-79/fastest-growth-july-manufacturing.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58194032-79/fastest-growth-july-manufacturing.html.csp">Factory growth fastest in three years in Philly</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="2014-07-17T08:39:02.254-06:00">Updated Jul 17, 2014 08:39AM MDT</span></h5> <div class ="entry-content">Washington • Manufacturing in the Philadelphia region surged in July, expanding at its fastest pace in more than three years, as new orders, shipments, and hiring all rose. The Federal Reserve Bank of Philadelphia says its index of regional factory activity rose to 23.9 in July from 17.8 in June. Any reading above zero indicates growth. July’s figure is the highest since March 2011. The data comes after a separate Fed report Wednesday suggested manufacturing output increased at a healthy pace in...</div> <h5><a rel="item-license" href="#license-581940322014-07-17T08:39:02.254-06:00" id="#license-2014-07-17T08:39:02.254-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58194032@www.sltrib.com Thu, 17 Jul 2014 08:39:02 MDT Latest Fed survey sees an improved economy http://www.sltrib.com/sltrib/money/58190778-79/fed-districts-rate-survey.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58190778-79/fed-districts-rate-survey.html.csp">Latest Fed survey sees an improved economy</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="2014-07-16T17:54:15.691-06:00">Updated Jul 16, 2014 05:54PM MDT</span></h5> <div class ="entry-content">Washington • The economy kept expanding in all regions of the country in June and early July, helped by strength in consumer spending, a Federal Reserve survey released Wednesday indicates. All 12 of the Fed’s regions reported growth with five — New York, Chicago, Minneapolis, Dallas and San Francisco — characterizing growth as “moderate” while the others reported “modest” growth. Boston and Richmond reported that growth came in at a slightly slower pace than the previous reporting period. The F...</div> <h5><a rel="item-license" href="#license-581907782014-07-16T17:54:15.691-06:00" id="#license-2014-07-16T17:54:15.691-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58190778@www.sltrib.com Wed, 16 Jul 2014 17:54:15 MDT Brazil’s retail sales rose in May ahead of World Cup http://www.sltrib.com/sltrib/money/58190409-79/percent-sales-brazil-rose.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58190409-79/percent-sales-brazil-rose.html.csp">Brazil’s retail sales rose in May ahead of World Cup</a></h4> <span class="author vcard"><span class="fn">By David Biller</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg News</span></span> <h5><span class="updated" title="2014-07-16T10:49:02.264-06:00">Updated Jul 16, 2014 10:49AM MDT</span></h5> <div class ="entry-content">Rio de Janeiro — Brazil’s retail sales in May unexpectedly rose as consumers shopped for domestic goods in preparation for the World Cup soccer tournament. Sales rose 0.5 percent after a 0.4 percent decline the previous month, the national statistics agency said Wednesday in Rio de Janeiro. That was above forecasts from 34 economists surveyed by Bloomberg, whose median estimate was for sales to decline 0.1 percent. May’s sales marked the first growth since January as shoppers cope with accelerat...</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> 58190409@www.sltrib.com Wed, 16 Jul 2014 10:49:02 MDT China growth is reassuring but no game changer http://www.sltrib.com/sltrib/money/58190344-79/growth-economy-percent-china.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58190344-79/growth-economy-percent-china.html.csp">China growth is reassuring but no game changer</a></h4> <span class="author source-org vcard"><span class="org fn">By The Associated Press </span></span> <h5><span class="updated" title="2014-07-16T10:22:02.109-06:00">Updated Jul 16, 2014 10:22AM MDT</span></h5> <div class ="entry-content">A pickup in China’s growth has fortified confidence the world’s second-biggest economy is stabilizing as the past decade’s explosive growth decelerates to the 7 percent range. China’s economic transformation since the 1980s has relied heavily on industrial investment and exports but those engines have run out of momentum. Chinese export manufacturers are surrendering some of their low-cost advantage as workers demand higher wages. Industrial growth has been so intense that many industries now ha...</div> <h5><a rel="item-license" href="#license-581903442014-07-16T10:22:02.109-06:00" id="#license-2014-07-16T10:22:02.109-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58190344@www.sltrib.com Wed, 16 Jul 2014 10:22:02 MDT Oil price rises after China growth ticks higher http://www.sltrib.com/sltrib/money/58190229-79/oil-crude-rose-china.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58190229-79/oil-crude-rose-china.html.csp">Oil price rises after China growth ticks higher</a></h4> <span class="author vcard"><span class="fn">By PABLO GORONDI</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-16T17:58:40.311-06:00">Updated Jul 16, 2014 05:58PM MDT</span></h5> <div class ="entry-content">Oil prices rose Wednesday on a large drain in U.S. oil inventories and a slight improvement in economic growth in China. Benchmark U.S. crude for August delivery rose $1.24 to close at $101.20 a barrel on the New York Mercantile Exchange. On Tuesday, the Nymex contract dipped below $100 per barrel for the first time since May. Brent crude, a benchmark for international oils used by many U.S. refineries, fell 17 cents to $105.85 on the ICE exchange in London on the last day for the August contrac...</div> <h5><a rel="item-license" href="#license-581902292014-07-16T17:58:40.311-06:00" id="#license-2014-07-16T17:58:40.311-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58190229@www.sltrib.com Wed, 16 Jul 2014 17:58:40 MDT Murdoch bid for Time Warner gives markets a lift http://www.sltrib.com/sltrib/money/58190142-79/percent-markets-warner-murdoch.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58190142-79/percent-markets-warner-murdoch.html.csp">Murdoch bid for Time Warner gives markets a lift</a></h4> <span class="author source-org vcard"><span class="org fn">By The Associated Press </span></span> <h5><span class="updated" title="2014-07-16T09:27:02.532-06:00">Updated Jul 16, 2014 09:27AM MDT</span></h5> <div class ="entry-content">London • Solid Chinese economic growth figures combined with news that Rupert Murdoch’s Twenty-First Century Fox made an offer to buy Time Warner to give markets a big lift Wednesday as traders mulled the possibility of further corporate activity. Though Time Warner rejected the bid — reported to be worth $80 billion — from Twenty-First Century Fox and said it has no interest in further discussions with Rupert Murdoch’s media entertainment giant, it hasn’t stopped traders getting animated by the...</div> <h5><a rel="item-license" href="#license-581901422014-07-16T09:27:02.532-06:00" id="#license-2014-07-16T09:27:02.532-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58190142@www.sltrib.com Wed, 16 Jul 2014 09:27:02 MDT Yellen says economy still needs Fed support http://www.sltrib.com/sltrib/money/58186109-79/fed-yellen-rate-economy.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58186109-79/fed-yellen-rate-economy.html.csp">Yellen says economy still needs Fed support</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="2014-07-15T18:07:55.114-06:00">Updated Jul 15, 2014 06:07PM MDT</span></h5> <div class ="entry-content">Washington • Despite recent sizable job gains, Federal Reserve Chair Janet Yellen is signaling that her agency is in no rush to withdraw the massive support it is providing the U.S. economy. Extra caution is warranted, she said Tuesday, given a number of “false dawns” in this recovery when a hoped-for acceleration in growth has failed to materialize. “Although the economy continues to improve, the recovery is not yet complete,” she told the Senate Banking Committee, delivering the Fed’s semi-ann...</div> <h5><a rel="item-license" href="#license-581861092014-07-15T18:07:55.114-06:00" id="#license-2014-07-15T18:07:55.114-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58186109@www.sltrib.com Tue, 15 Jul 2014 18:07:55 MDT Asia shares rise ahead of China GDP, Europe down http://www.sltrib.com/sltrib/money/58186187-79/percent-asia-china-fell.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58186187-79/percent-asia-china-fell.html.csp">Asia shares rise ahead of China GDP, Europe down</a></h4> <span class="author vcard"><span class="fn">By ELAINE KURTENBACH</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-15T09:07:02.228-06:00">Updated Jul 15, 2014 09:07AM MDT</span></h5> <div class ="entry-content">Tokyo • European stocks were mostly lower Tuesday, led by a decline in Germany’s Software AG, after a strong day in Asia on hopes for stronger Chinese economic growth. Germany’s DAX fell 0.6 percent to 9,721.63 and France’s CAC-40 dropped 0.7 percent to 4,318.94. Britain’s FTSE 100 slipped 0.2 percent to 6,730.77. The share price of Frankfurt-listed Software AG, a top business software company, plunged nearly 15 percent Tuesday after it announced a downward revision in its revenue forecast due t...</div> <h5><a rel="item-license" href="#license-581861872014-07-15T09:07:02.228-06:00" id="#license-2014-07-15T09:07:02.228-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58186187@www.sltrib.com Tue, 15 Jul 2014 09:07:02 MDT U.S. retail sales tick up just 0.2 percent in June http://www.sltrib.com/sltrib/money/58186120-79/percent-sales-june-retail.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58186120-79/percent-sales-june-retail.html.csp">U.S. retail sales tick up just 0.2 percent in June</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="2014-07-15T13:09:45.047-06:00">Updated Jul 15, 2014 01:09PM MDT</span></h5> <div class ="entry-content">Washington • U.S. retail sales increased slightly in June, evidence that consumers remain cautious despite steady job gains this year. Retail sales rose just 0.2 percent last month, the Commerce Department said Tuesday, held back by a sharp drop at building materials and garden supply stores. Sales also fell at restaurants and at auto dealers. The figures suggest that Americans are reluctant to spend freely, which could slow growth in the April-June quarter. While employers have stepped up hirin...</div> <h5><a rel="item-license" href="#license-581861202014-07-15T13:09:45.047-06:00" id="#license-2014-07-15T13:09:45.047-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58186120@www.sltrib.com Tue, 15 Jul 2014 13:09:45 MDT Chile cuts growth forecast for second time this year http://www.sltrib.com/sltrib/money/58182712-79/percent-forecast-growth-cut.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58182712-79/percent-forecast-growth-cut.html.csp">Chile cuts growth forecast for second time this year</a></h4> <span class="author vcard"><span class="fn">Javiera Quiroga</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg News</span></span> <h5><span class="updated" title="2014-07-14T10:19:01.885-06:00">Updated Jul 14, 2014 10:19AM MDT</span></h5> <div class ="entry-content">Santiago — Chile cut its 2014 economic growth forecast for the second time this year, citing a steep slowdown in domestic demand. The economy of the world´s biggest copper producer will expand 3.2 percent in 2014, down from a previous estimate of 3.4 percent, Budget Director Sergio Granados said in a speech to Congress Monday. Domestic demand will expand 1.8 percent, down from the 5.4 percent forecast in this year’s budget. The government cut its forecast after manufacturing stalled, retail sale...</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> 58182712@www.sltrib.com Mon, 14 Jul 2014 10:19:01 MDT