INTEREST - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/INTEREST News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) Is a home equity line of credit a fit for you? http://www.sltrib.com/sltrib/money/58318798-79/credit-interest-loan-equity.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58318798-79/credit-interest-loan-equity.html.csp">Is a home equity line of credit a fit for you?</a></h4> <span class="author vcard"><span class="fn">By ALEX VEIGA</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-20T18:04:01.774-06:00">Updated Aug 20, 2014 06:04PM MDT</span></h5> <div class ="entry-content">Rising home values and low interest rates are a powerful combination for homeowners looking for more financial breathing room. The trend, fueled by the two-year housing recovery, has helped spur many borrowers to take out a home equity line of credit against the value of their home. Such a loan, also known as a “HELOC,” can give borrowers more financial flexibility and typically at a lower interest rate than a credit card. But HELOCs can also pose risks, should interest rates rise sharply or hom...</div> <h5><a rel="item-license" href="#license-583187982014-08-20T18:04:01.774-06:00" id="#license-2014-08-20T18:04:01.774-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58318798@www.sltrib.com Wed, 20 Aug 2014 18:04:01 MDT New Zealand raises interest rate to 3.5 percent http://www.sltrib.com/sltrib/money/58217285-79/rate-zealand-percent-interest.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58217285-79/rate-zealand-percent-interest.html.csp">New Zealand raises interest rate to 3.5 percent</a></h4> <span class="author vcard"><span class="fn">By NICK PERRY</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-23T17:58:01.827-06:00">Updated Jul 23, 2014 05:58PM MDT</span></h5> <div class ="entry-content">Wellington • New Zealand raised its benchmark interest rate Thursday to 3.5 percent, but signaled it was pausing its program of rate hikes. The announcement prompted a sharp drop in the New Zealand dollar, which was trading down nearly 1 percent at $0.8625. New Zealand has been going it alone among developed nations this year by embarking on interest-rate tightening. Thursday marked the central bank’s fourth successive hike of 0.25 percent. However, economic conditions have changed significantly...</div> <h5><a rel="item-license" href="#license-582172852014-07-23T17:58:01.827-06:00" id="#license-2014-07-23T17:58:01.827-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58217285@www.sltrib.com Wed, 23 Jul 2014 17:58:01 MDT U.S. consumer prices went up 0.3 percent in June http://www.sltrib.com/sltrib/money/58210425-79/percent-prices-june-inflation.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58210425-79/percent-prices-june-inflation.html.csp">U.S. consumer prices went up 0.3 percent in June</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="2014-07-22T12:47:48.31-06:00">Updated Jul 22, 2014 12:47PM MDT</span></h5> <div class ="entry-content">Washington • U.S. consumer prices rose in June at a slightly slower pace than in May with two-thirds of the June advance driven by the largest jump in gasoline prices in a year. Prices rose 0.3 percent in June following a 0.4 percent rise in May, the Labor Department reported Tuesday. The May increase had been the biggest one-month gain in more than a year. Energy prices were up 1.6 percent, nearly double the May gain, reflecting a sharp 3.3 percent rise in gasoline costs. But food costs edged u...</div> <h5><a rel="item-license" href="#license-582104252014-07-22T12:47:48.31-06:00" id="#license-2014-07-22T12:47:48.31-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58210425@www.sltrib.com Tue, 22 Jul 2014 12:47:48 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 Rise in UK inflation in June was unexpectedly big http://www.sltrib.com/sltrib/money/58186137-79/percent-bank-rate-inflation.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58186137-79/percent-bank-rate-inflation.html.csp">Rise in UK inflation in June was unexpectedly big</a></h4> <span class="author vcard"><span class="fn">By PAN PYLAS</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-15T09:00:02.534-06:00">Updated Jul 15, 2014 09:00AM MDT</span></h5> <div class ="entry-content">London • A June shopping spree drove an unexpectedly big increase in U.K. inflation that has fueled expectations that the Bank of England may start raising interest rates soon, possibly by the end of this year. Figures Tuesday from the Office for National Statistics showed consumer prices rose by an annual rate of 1.9 percent in June, just below the Bank’s ostensible target of 2 percent. Inflation, which rose from May’s 4½-year low of 1.5 percent, is now at its highest level since January. The c...</div> <h5><a rel="item-license" href="#license-581861372014-07-15T09:00:02.534-06:00" id="#license-2014-07-15T09:00:02.534-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58186137@www.sltrib.com Tue, 15 Jul 2014 09:00:02 MDT Jazz Hoops: Interest in Francisco Garcia? http://www.sltrib.com/sltrib/blogs/jazznotes/58168131-62/jazz-garcia-capable-francisco.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/blogs/jazznotes/58168131-62/jazz-garcia-capable-francisco.html.csp">Jazz Hoops: Interest in Francisco Garcia?</a></h4> <span class="author vcard"><span class="fn"></span></span> <span class="source-org vcard"><span class="org fn">The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-07-09T22:46:02.272-06:00">Updated Jul 9, 2014 10:46PM MDT</span></h5> <div class ="entry-content">Lost in the hub bub of Gordon Hayward, his max offer sheet and whether or not the Utah Jazz will match said offer sheet, is the apparant interest in Francisco Garcia. To most Jazz fans, Garcia could be best known as the guy who squared off last season against John Lucas III as the Houston Rockets were putting on the finishing touches of a beatdown of the Jazz. However, Garcia fits what the organization wants. That means he's a shooter, and one who can make 3-pointers and do it in a hurry. He's 6...</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> 58168131@www.sltrib.com Wed, 09 Jul 2014 22:46:02 MDT Gold prices climb after release of Fed’s minutes http://www.sltrib.com/sltrib/money/58166336-79/cents-gold-prices-fed.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58166336-79/cents-gold-prices-fed.html.csp">Gold prices climb after release of Fed’s minutes</a></h4> <span class="author source-org vcard"><span class="org fn">By The Associated Press </span></span> <h5><span class="updated" title="2014-07-09T14:34:02.375-06:00">Updated Jul 9, 2014 02:34PM MDT</span></h5> <div class ="entry-content">BC-US--Commodities-Review, 1st Ld-Writethru,271 Gold prices climb after Federal Reserve minutes Eds: Updates throughout. By The Associated Press Gold prices climbed Wednesday amid expectations that the Federal Reserve will keep interest rates at record lows. Gold for August delivery rose $7.80 to settle at $1,324.30 an ounce on Wednesday. Silver for September rose 6 cents to $21.07 an ounce. In minutes from its June meeting released Wednesday, Fed officials agreed that the central bank will stop...</div> <h5><a rel="item-license" href="#license-581663362014-07-09T14:34:02.375-06:00" id="#license-2014-07-09T14:34:02.375-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58166336@www.sltrib.com Wed, 09 Jul 2014 14:34:02 MDT Fed split on signals for first interest-rate increase http://www.sltrib.com/sltrib/money/58166364-79/fed-officials-billion-minutes.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58166364-79/fed-officials-billion-minutes.html.csp">Fed split on signals for first interest-rate increase</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="2014-07-09T16:01:34.498-06:00">Updated Jul 9, 2014 04:01PM MDT</span></h5> <div class ="entry-content">Washington • Federal Reserve officials are in broad agreement that they will likely announce an end to their monthly bond buying program in October, bringing to a close the third round of massive bond purchases the central bank has relied upon to boost economic growth following the Great Recession. Minutes of the Fed’s June 17-18 meeting released Wednesday showed officials were in basic agreement that the if the economy continues to improve, the final reduction in bond purchases would total a cu...</div> <h5><a rel="item-license" href="#license-581663642014-07-09T16:01:34.498-06:00" id="#license-2014-07-09T16:01:34.498-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58166364@www.sltrib.com Wed, 09 Jul 2014 16:01:34 MDT Sunstein: It is possible for government to be too open http://www.sltrib.com/sltrib/opinion/58165460-82/public-agency-information-interest.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58165460-82/public-agency-information-interest.html.csp">Sunstein: It is possible for government to be too open</a></h4> <span class="author vcard"><span class="fn">By Cass R. Sunstein</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg View</span></span> <h5><span class="updated" title="2014-07-09T10:13:30.173-06:00">Updated Jul 9, 2014 10:13AM MDT</span></h5> <div class ="entry-content">Sens. Patrick Leahy of Vermont and John Cornyn of Texas, leaders of the Judiciary Committee, have long shown an admirable commitment to open government, and their recent bill to amend the Freedom of Information Act is winning a ton of praise. Some of its reforms make sense, but, unfortunately, its key provision is a horrible idea. By reducing the protection now given to deliberations within the executive branch, it would have a chilling effect on those discussions. To see the problem, suppose 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> 58165460@www.sltrib.com Wed, 09 Jul 2014 10:13:30 MDT Bloomberg View: Fed should fight off inflation hawks http://www.sltrib.com/sltrib/opinion/58146968-82/inflation-percent-fed-hawks.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58146968-82/inflation-percent-fed-hawks.html.csp">Bloomberg View: Fed should fight off inflation hawks</a></h4>