MARKET - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/MARKET News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) Colorado’s pot market getting new competition http://www.sltrib.com/sltrib/money/58474694-79/marijuana-pot-colorado-market.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58474694-79/marijuana-pot-colorado-market.html.csp">Colorado’s pot market getting new competition</a></h4> <span class="author vcard"><span class="fn">By KRISTEN WYATT</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-30T18:54:01.95-06:00">Updated Sep 30, 2014 06:54PM MDT</span></h5> <div class ="entry-content">Denver • Colorado’s new marijuana industry is in for a brand new element Wednesday — competition. The state gave medical marijuana dispensaries and growers a nine-month exclusive on the new recreational pot business, fearing an unmanageable explosion of new businesses. The grandfathering period expires Wednesday, meaning pot shops and growers who weren’t in business before voters approved recreational pot in 2012 are just now able to enter the market. “There’s going to a price war coming. It’s i...</div> <h5><a rel="item-license" href="#license-584746942014-09-30T18:54:01.95-06:00" id="#license-2014-09-30T18:54:01.95-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58474694@www.sltrib.com Tue, 30 Sep 2014 18:54:01 MDT Stocks slip, leaving S&P 500 down for September http://www.sltrib.com/sltrib/money/58474582-79/percent-market-500-fell.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58474582-79/percent-market-500-fell.html.csp">Stocks slip, leaving S&P 500 down for September</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="2014-09-30T18:11:02.377-06:00">Updated Sep 30, 2014 06:11PM MDT</span></h5> <div class ="entry-content">New York • A suddenly stormy month on the stock market came to a quiet end on Tuesday. Major indexes drifted to a slight loss, leaving the Standard & Poor’s 500 down 1.6 percent for September, its third monthly drop this year. The market spent Tuesday wavering between minor gains and losses, but there were big moves beneath the surface. Crude oil prices plunged, dragging down Chevron and other oil and gas companies. Ford Motor fell after cutting its profit forecast, while eBay jumped after annou...</div> <h5><a rel="item-license" href="#license-584745822014-09-30T18:11:02.377-06:00" id="#license-2014-09-30T18:11:02.377-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58474582@www.sltrib.com Tue, 30 Sep 2014 18:11:02 MDT U.S. stocks bouncing back and forth on Tuesday http://www.sltrib.com/sltrib/money/58472217-79/percent-500-ebay-ford.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58472217-79/percent-500-ebay-ford.html.csp">U.S. stocks bouncing back and forth on Tuesday</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="2014-09-30T11:44:28.146-06:00">Updated Sep 30, 2014 11:44AM MDT</span></h5> <div class ="entry-content">New York • The stock market flipped between slight gains and losses on Tuesday, keeping the Standard & Poor’s 500 index on course for its third monthly drop this year. Ford Motor sank after cutting its profit forecast, while eBay jumped after announcing plans to spin off PayPal. Oil prices plunged, pulling energy companies’ stocks down. KEEPING SCORE: The Dow Jones industrial average fell 10 points, a fraction of a percent, to 17,060 as of 11:32 a.m. Mountain time. The S&P 500 slipped three poin...</div> <h5><a rel="item-license" href="#license-584722172014-09-30T11:44:28.146-06:00" id="#license-2014-09-30T11:44:28.146-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58472217@www.sltrib.com Tue, 30 Sep 2014 11:44:28 MDT U.S. stocks head lower, following drops overseas http://www.sltrib.com/sltrib/money/58470119-79/percent-rose-stock-market.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58470119-79/percent-rose-stock-market.html.csp">U.S. stocks head lower, following drops overseas</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="2014-09-29T17:32:02.196-06:00">Updated Sep 29, 2014 05:32PM MDT</span></h5> <div class ="entry-content">New York • Concerns over high stock prices and global politics continued to plague markets Monday as major stock indexes ended with slight losses in another day of choppy trading. Pro-democracy protests in Hong Kong, a major world financial center, added to the host of political concerns on investors’ minds. It could have been worse. The Dow Jones industrial average sank 178 points in the opening minutes, a sudden drop of 1 percent, but then it climbed back. “You have a ton of risks that have br...</div> <h5><a rel="item-license" href="#license-584701192014-09-29T17:32:02.196-06:00" id="#license-2014-09-29T17:32:02.196-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58470119@www.sltrib.com Mon, 29 Sep 2014 17:32:02 MDT U.S. stocks head lower, following drops overseas http://www.sltrib.com/sltrib/money/58468847-79/percent-rose-lower-stock.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58468847-79/percent-rose-lower-stock.html.csp">U.S. stocks head lower, following drops overseas</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="2014-09-29T12:30:02.966-06:00">Updated Sep 29, 2014 12:30PM MDT</span></h5> <div class ="entry-content">New York • The U.S. stock market slid to start the week, following European markets lower. The Dow Jones industrial average dropped 178 points at the start of trading on Monday then slowly climbed back. KEEPING SCORE: As of 12:14 p.m. Mountain time, the Dow was down 88 points, or 0.5 percent, to 17,024. The Standard & Poor’s 500 index lost eight points, or 0.4 percent, to 1,974. The Nasdaq composite fell 18 points, or 0.4 percent, to 4,493. The losses were modest but broad. More than two stocks ...</div> <h5><a rel="item-license" href="#license-584688472014-09-29T12:30:02.966-06:00" id="#license-2014-09-29T12:30:02.966-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58468847@www.sltrib.com Mon, 29 Sep 2014 12:30:02 MDT Letter: Utah legislators are consistently inconsistent http://www.sltrib.com/sltrib/opinion/58459828-82/access-care-choose-consistently.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58459828-82/access-care-choose-consistently.html.csp">Letter: Utah legislators are consistently inconsistent</a></h4> <h5><span class="updated" title="2014-09-26T18:55:02.801-06:00">Updated Sep 26, 2014 06:55PM MDT</span></h5> <div class ="entry-content">I have been noticing as of late the ever widening gulf between the words and deeds of our legislative leaders. First we were warned that federal government death panels would choose who lives or dies by granting, or denying, access to the health care system. Now we are being told that unfettered access to this very health care system, as offered by the ACA, is that which threatens our very survival. Our representatives bemoan the growing encroachment of the “nanny-state” into our daily lives,...</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> 58459828@www.sltrib.com Fri, 26 Sep 2014 18:55:02 MDT Why rate hikes are good news for stocks http://www.sltrib.com/sltrib/money/58459199-79/rates-fed-stocks-market.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58459199-79/rates-fed-stocks-market.html.csp">Why rate hikes are good news for stocks</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="2014-09-26T16:59:01.687-06:00">Updated Sep 26, 2014 04:59PM MDT</span></h5> <div class ="entry-content">New York • It’s no surprise that the prospect of a Federal Reserve rate hike worries stock investors. The Fed’s unprecedented economic stimulus has in large part driven a surge in stock prices since 2009. The central bank has bought trillions of dollars of bonds and kept short-term interest rates close to zero. That’s allowed businesses and consumers to refinance their debt at lower rates, freeing up cash to spend. But if history is a guide, investors have nothing to fear. In the nine instances ...</div> <h5><a rel="item-license" href="#license-584591992014-09-26T16:59:01.687-06:00" id="#license-2014-09-26T16:59:01.687-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58459199@www.sltrib.com Fri, 26 Sep 2014 16:59:01 MDT Stocks move higher in mid-day trading; Nike jumps http://www.sltrib.com/sltrib/money/58458161-79/percent-market-bond-higher.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58458161-79/percent-market-bond-higher.html.csp">Stocks move higher in mid-day trading; Nike jumps</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="2014-09-26T13:00:34.106-06:00">Updated Sep 26, 2014 01:00PM MDT</span></h5> <div class ="entry-content">New York • The U.S. stock market headed higher Friday as investors welcomed good news on the U.S. economy at the end of a turbulent week of trading. Nike jumped after turning in higher profits, and Janus Capital Group soared following news that it had hired star bond fund manager Bill Gross. KEEPING SCORE: The Dow Jones industrial average was up 56 points, or 0.3 percent, to 17,001 as of 9:52 a.m. Mountain. The Standard & Poor’s 500 index rose three points, or 0.1 percent, to 1,968 and the Nasda...</div> <h5><a rel="item-license" href="#license-584581612014-09-26T13:00:34.106-06:00" id="#license-2014-09-26T13:00:34.106-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58458161@www.sltrib.com Fri, 26 Sep 2014 13:00:34 MDT States are not joining California’s carbon market http://www.sltrib.com/sltrib/money/58456523-79/california-carbon-quebec-rggi.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58456523-79/california-carbon-quebec-rggi.html.csp">States are not joining California’s carbon market</a></h4> <span class="author vcard"><span class="fn">By Lynn Doan</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg News</span></span> <h5><span class="updated" title="2014-09-25T17:55:01.984-06:00">Updated Sep 25, 2014 05:55PM MDT</span></h5> <div class ="entry-content">San Francisco • California and Quebec, which together created the largest carbon market in North America this year, may come away empty-handed as they woo northeastern U.S. states to join their system. States including Vermont, which Quebec’s premier said is particularly interested in uniting, are members of a Northeast group that has been operating an emissions-trading system since 2008. And they’ve shown no signs of abandoning that cause, said Kelly Speakes-Backman, chair of the Regional Green...</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> 58456523@www.sltrib.com Thu, 25 Sep 2014 17:55:01 MDT Fed’s Lockhart says inflation risk is still low http://www.sltrib.com/sltrib/money/58456484-79/lockhart-interest-inflation-confident.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58456484-79/lockhart-interest-inflation-confident.html.csp">Fed’s Lockhart says inflation risk is still low</a></h4> <span class="author vcard"><span class="fn">By JEFF AMY</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-25T17:40:02.364-06:00">Updated Sep 25, 2014 05:40PM MDT</span></h5> <div class ="entry-content">Jackson, Miss. • Atlanta Federal Reserve President Dennis Lockhart said Thursday he has more confidence in the economy than he did a year ago, suggesting he’s not seeking an increase in interest rates until mid-2015 or later. Speaking to the Mississippi Council on Economic Education, Lockhart said he sees little danger of inflation and says the current unemployment rate is “still some distance” from full employment.” “In general, I’m more confident today than a year ago,” Lockhart said. He added...</div> <h5><a rel="item-license" href="#license-584564842014-09-25T17:40:02.364-06:00" id="#license-2014-09-25T17:40:02.364-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58456484@www.sltrib.com Thu, 25 Sep 2014 17:40:02 MDT Falling Apple bites stock market big time http://www.sltrib.com/sltrib/money/58456274-79/percent-market-close-500.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58456274-79/percent-market-close-500.html.csp">Falling Apple bites stock market big time</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="2014-09-25T16:51:02.339-06:00">Updated Sep 25, 2014 04:51PM MDT</span></h5> <div class ="entry-content">New York • A stumble by Apple set off the worst rout in the stock market since July on Thursday. Apple dropped nearly 4 percent following its announcement late Wednesday that it had pulled a software update which prevented users from making phone calls. Other technology stocks also slumped. The selling started early and picked up strength in the afternoon. By the close of trading, all 30 big companies in the Dow Jones industrial average and the 10 industries in the Standard & Poor’s 500 index lo...</div> <h5><a rel="item-license" href="#license-584562742014-09-25T16:51:02.339-06:00" id="#license-2014-09-25T16:51:02.339-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58456274@www.sltrib.com Thu, 25 Sep 2014 16:51:02 MDT Malaysia’s Proton unveils its first compact car http://www.sltrib.com/sltrib/money/58454694-79/proton-car-iriz-sales.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58454694-79/proton-car-iriz-sales.html.csp">Malaysia’s Proton unveils its first compact car</a></h4> <span class="author vcard"><span class="fn">By EILEEN NG</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-25T10:01:02.321-06:00">Updated Sep 25, 2014 10:01AM MDT</span></h5> <div class ="entry-content">Kuala Lumpur, Malaysia • Malaysia’s national carmaker Proton launched its first small car on Thursday, hoping to bolster its fortunes after ceding ground to foreign and domestic rivals. Proton also hopes the Iriz, its first 1.3 liter engine car, will help snatch back market share from domestic compact car maker Perodua and reinvigorate plans to increase overseas sales. Chief Executive Abdul Harith Abdullah said Proton invested $172 million to develop the Iriz over four years. He said the Iriz wi...</div> <h5><a rel="item-license" href="#license-584546942014-09-25T10:01:02.321-06:00" id="#license-2014-09-25T10:01:02.321-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58454694@www.sltrib.com Thu, 25 Sep 2014 10:01:02 MDT U.S. stock market sinks as Apple drags down tech http://www.sltrib.com/sltrib/money/58454401-79/percent-apple-fell-market.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58454401-79/percent-apple-fell-market.html.csp">U.S. stock market sinks as Apple drags down tech</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="2014-09-25T10:16:46.234-06:00">Updated Sep 25, 2014 10:16AM MDT</span></h5> <div class ="entry-content">New York • Technology companies are leading a broad drop in U.S. stocks that has pulled the Dow Jones industrial average down 200 points. The steep decline comes a day after the market had its best day in more than a month. Apple dropped more than 3 percent after the company pulled a software update for its iPhones late Wednesday after users complained that they weren’t able to make calls. KEEPING SCORE: As of 9:22 a.m. Mountain, the Standard & Poor’s 500 index was down 26 points, or 1.3 percent...</div> <h5><a rel="item-license" href="#license-584544012014-09-25T10:16:46.234-06:00" id="#license-2014-09-25T10:16:46.234-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58454401@www.sltrib.com Thu, 25 Sep 2014 10:16:46 MDT Michael Lewis: Occupational hazards of working on Wall Street http://www.sltrib.com/sltrib/opinion/58454317-82/street-wall-market-financial.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58454317-82/street-wall-market-financial.html.csp">Michael Lewis: Occupational hazards of working on Wall Street</a></h4> <span class="author vcard"><span class="fn">By Michael Lewis</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg View</span></span> <h5><span class="updated" title="2014-09-25T15:53:07.693-06:00">Updated Sep 25, 2014 03:53PM MDT</span></h5> <div class ="entry-content">A few times in the past several decades it has sounded as if big Wall Street banks were losing their hold on the graduates of the world’s most selective universities: the early 1990s, the dot-com boom and the immediate aftermath of the global financial crisis (Teach for America!). Each time the graduating class of Harvard and Yale looked as if it might decide, en masse, that it wanted to do something with its life other than work for Morgan Stanley. Each time it turned out that it didn’t. Silico...</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> 58454317@www.sltrib.com Thu, 25 Sep 2014 15:53:07 MDT Editorial: Utah should not hide the true cost of water http://www.sltrib.com/sltrib/opinion/58433764-82/utah-cost-costs-state.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58433764-82/utah-cost-costs-state.html.csp">Editorial: Utah should not hide the true cost of water</a></h4> <h5><span class="updated" title="2014-09-23T13:42:05.496-06:00">Updated Sep 23, 2014 01:42PM MDT</span></h5> <div class ="entry-content">“You’d be surprised how much it costs to look this cheap.” — Dolly Parton Water in Utah is too expensive to be this cheap. A new report from the Utah Foundation points out something that should be obvious: Using property taxes to subsidize the delivery of water to homes and businesses in this, the second-most arid state in the nation, distorts the market and hides the true cost of collecting, treating and delivering water. In a state that supposedly values free-market principles as much as Uta...</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> 58433764@www.sltrib.com Tue, 23 Sep 2014 13:42:05 MDT Jobless men risk permanent workforce separation http://www.sltrib.com/sltrib/world/58436357-68/labor-percent-according-college.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/58436357-68/labor-percent-according-college.html.csp">Jobless men risk permanent workforce separation</a></h4> <span class="author vcard"><span class="fn">Kasia Klimasinska</span></span> <span class="source-org vcard"><span class="org fn"> (c) 2014, Bloomberg News</span></span> <h5><span class="updated" title="2014-09-20T20:47:05.825-06:00">Updated Sep 20, 2014 08:47PM MDT</span></h5> <div class ="entry-content">Washington • Tom Kaminski is back at work, three years after losing his job as a human-resources manager and dropping out of the labor force for a time to go back to college. Kaminski, 43, dipped into his retirement savings while he earned a master’s degree. The added credential helped him land the position at Intuitive HR, a consulting company in Woodbridge, Conn., last September. “It was always my goal to come back to work,” he said. “I thought I was a very good human-resource person and I 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> 58436357@www.sltrib.com Sat, 20 Sep 2014 20:47:05 MDT Letter: How about a free-market approach to Zion curtain? http://www.sltrib.com/sltrib/opinion/58433901-82/decide-zion-curtain-choice.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58433901-82/decide-zion-curtain-choice.html.csp">Letter: How about a free-market approach to Zion curtain?</a></h4> <h5><span class="updated" title="2014-09-19T17:23:17.092-06:00">Updated Sep 19, 2014 05:23PM MDT</span></h5> <div class ="entry-content">Sen. John Valentine now wishes he would have pushed for a law that all restaurants have a “Zion curtain.” Sen. Valentine claims it is important to consider a balance between the societal effects of alcohol and our ability to be hospitable. However, hospitality has more to do with being welcoming and offering choices. Being hospitable is about being polite and allowing people to choose what is right for them. The idea of the Zion curtain is to curtail children from seeing a drink being made. The...</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> 58433901@www.sltrib.com Fri, 19 Sep 2014 17:23:17 MDT Lane: The Fed’s gift to the rich http://www.sltrib.com/sltrib/opinion/58428622-82/fed-percent-income-central.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58428622-82/fed-percent-income-central.html.csp">Lane: The Fed’s gift to the rich</a></h4> <span class="author vcard"><span class="fn">By Charles Lane</span></span> <span class="source-org vcard"><span class="org fn"> The Washington Post</span></span> <h5><span class="updated" title="2014-09-18T09:22:56.147-06:00">Updated Sep 18, 2014 09:22AM MDT</span></h5> <div class ="entry-content">WASHINGTON • The latest meeting of the People Who Influence Everything from Auto Loans to 401(k) Plans — a.k.a. the Federal Reserve Board’s Open Market Committee — has just concluded. The Fed confirmed Wednesday that, as expected, it will stop buying bonds with freshly printed money in October but did not say when, exactly, it will end its recession-fighting zero-interest-rate policy. Under former chair Ben S. Bernanke, the Fed said it might abandon that policy when the official unemployment rat...</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> 58428622@www.sltrib.com Thu, 18 Sep 2014 09:22:56 MDT Alibaba’s plan: Today, China. Tomorrow, the world. http://www.sltrib.com/sltrib/money/58428608-79/alibaba-company-china-percent.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58428608-79/alibaba-company-china-percent.html.csp">Alibaba’s plan: Today, China. Tomorrow, the world.</a></h4> <span class="author vcard"><span class="fn">By MAE ANDERSON</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-18T09:17:02.172-06:00">Updated Sep 18, 2014 09:17AM MDT</span></h5> <div class ="entry-content">New York • Amazon and eBay should watch their backs. As Chinese e-commerce powerhouse Alibaba readies what could be the biggest initial public offering ever on the New York Stock Exchange, it is quietly hinting at plans to expand into the U.S. The company controls nearly 80 percent of all e-commerce in China, and founder and chairman Jack Ma has ambitions that go beyond the country’s borders. Earlier this week, at a Hong Kong stop on Alibaba’s global tour to meet with potential investors, Ma sur...</div> <h5><a rel="item-license" href="#license-584286082014-09-18T09:17:02.172-06:00" id="#license-2014-09-18T09:17:02.172-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58428608@www.sltrib.com Thu, 18 Sep 2014 09:17:02 MDT US tobacco growers brace for tougher competition http://www.sltrib.com/sltrib/world/58420380-68/tobacco-growers-percent-danville.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/58420380-68/tobacco-growers-percent-danville.html.csp">US tobacco growers brace for tougher competition</a></h4> <span class="author vcard"><span class="fn">By TAMARA LUSH and MICHAEL FELBERBAUM</span></span> <span class="source-org vcard"><span class="org fn"> Associated Press</span></span> <h5><span class="updated" title="2014-09-16T11:57:16.514-06:00">Updated Sep 16, 2014 11:57AM MDT</span></h5> <div class ="entry-content">Danville, Va. • Starting next month, America’s remaining tobacco growers will be totally exposed to the laws of supply and demand. The very last buyout checks, totaling about $916.5 million, go out in October to about 425,000 tobacco farmers and landowners. They’re the last holdovers from a price-support and quota system that had guaranteed minimum prices for most of the 20th century, sustaining a way of life that began 400 years ago in Virginia, when the leaf became the chief cash crop of the J...</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> 58420380@www.sltrib.com Tue, 16 Sep 2014 11:57:16 MDT