SPENDING - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/SPENDING News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) Japan economy stalls as incomes, spending languish http://www.sltrib.com/sltrib/money/58351964-79/percent-japan-economy-spending.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58351964-79/percent-japan-economy-spending.html.csp">Japan economy stalls as incomes, spending languish</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="2014-08-29T12:07:02.184-06:00">Updated Aug 29, 2014 12:07PM MDT</span></h5> <div class ="entry-content">Tokyo • Japan’s vital signs remained weak in July as wages fell further and household spending dropped, signaling continued weakness in the world’s third-largest economy. Data released Friday showed the inflation rate was unchanged from the previous month. The core price consumer index that excludes volatile fresh food prices rose 3.3 percent in July, the same as a month earlier. Much of the increase stems from a 2 percentage point increase in Japan’s sales tax in April, which has since sapped m...</div> <h5><a rel="item-license" href="#license-583519642014-08-29T12:07:02.184-06:00" id="#license-2014-08-29T12:07:02.184-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58351964@www.sltrib.com Fri, 29 Aug 2014 12:07:02 MDT U.S. economy grew 4.2 percent in second quarter http://www.sltrib.com/sltrib/money/58347055-79/growth-percent-quarter-economy.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58347055-79/growth-percent-quarter-economy.html.csp">U.S. economy grew 4.2 percent in second quarter</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="2014-08-28T17:06:05.496-06:00">Updated Aug 28, 2014 05:06PM MDT</span></h5> <div class ="entry-content">Washington • After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, the government said Thursday, slightly faster than it had first estimated. The upward revision supported expectations that the second half of 2014 will prove far stronger than the first half. The Commerce Department’s second estimate of growth for last quarter followed its initial estimate of 4 percent. The upward revision reflected stronger business investment tha...</div> <h5><a rel="item-license" href="#license-583470552014-08-28T17:06:05.496-06:00" id="#license-2014-08-28T17:06:05.496-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58347055@www.sltrib.com Thu, 28 Aug 2014 17:06:05 MDT Retail sales across the country were flat during July http://www.sltrib.com/sltrib/money/58292347-79/sales-july-percent-retail.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58292347-79/sales-july-percent-retail.html.csp">Retail sales across the country were flat during July</a></h4> <span class="author vcard"><span class="fn">By JOSH BOAK</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-13T09:43:02.233-06:00">Updated Aug 13, 2014 09:43AM MDT</span></h5> <div class ="entry-content">Washington • U.S. retail sales were essentially flat in July, providing evidence that consumers have yet to shed their doubts about the economy despite recent job gains. The Commerce Department said Wednesday that seasonally adjusted retail sales were unchanged in July compared with the prior month. Total sales rose a statistically insignificant $161 million from $439.6 billion in June. Spending dipped at auto dealers and department stores last month. The losses were offset by gains at grocery s...</div> <h5><a rel="item-license" href="#license-582923472014-08-13T09:43:02.233-06:00" id="#license-2014-08-13T09:43:02.233-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58292347@www.sltrib.com Wed, 13 Aug 2014 09:43:02 MDT Oil boom and housing bust alter U.S. spending trends http://www.sltrib.com/sltrib/money/58272699-79/spending-percent-dakota-housing.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58272699-79/spending-percent-dakota-housing.html.csp">Oil boom and housing bust alter U.S. spending trends</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="2014-08-07T14:35:01.767-06:00">Updated Aug 7, 2014 02:35PM MDT</span></h5> <div class ="entry-content">Washington • North Dakotans, enriched by an oil boom, stepped up their spending at triple the national pace in the three years that followed the Great Recession. In Nevada, smacked hard by the housing bust, consumers barely increased their spending. Americans spend the most, per person, on housing in Washington, D.C., and the least in West Virginia. Those and other figures emerged Thursday from a new annual report from the government that for the first time reveals consumer spending on a state-b...</div> <h5><a rel="item-license" href="#license-582726992014-08-07T14:35:01.767-06:00" id="#license-2014-08-07T14:35:01.767-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58272699@www.sltrib.com Thu, 07 Aug 2014 14:35:01 MDT Oil boom and housing bust alter U.S. spending trends http://www.sltrib.com/sltrib/money/58272026-79/spending-percent-housing-recession.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58272026-79/spending-percent-housing-recession.html.csp">Oil boom and housing bust alter U.S. spending trends</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="2014-08-07T15:55:29.568-06:00">Updated Aug 7, 2014 03:55PM MDT</span></h5> <div class ="entry-content">Consumer spending has soared since the Great Recession ended five years ago in U.S. states with oil and gas drilling booms and has lagged in states hit especially hard by the housing bust. The figures come from a new annual report the government issued Thursday that for the first time reveals consumer spending on a state-by-state basis. The numbers point to substantial shifts in the economy since the recession ended. Spending jumped 28 percent in North Dakota, the largest gain nationwide, from 2...</div> <h5><a rel="item-license" href="#license-582720262014-08-07T15:55:29.568-06:00" id="#license-2014-08-07T15:55:29.568-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58272026@www.sltrib.com Thu, 07 Aug 2014 15:55:29 MDT Is Utah still last in per-pupil spending? http://www.sltrib.com/sltrib/news/58250849-78/per-spending-pupil-utah.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/news/58250849-78/per-spending-pupil-utah.html.csp">Is Utah still last in per-pupil spending?</a></h4> <span class="author vcard"><span class="fn">By lisa schencker</span></span> <span class="source-org vcard"><span class="org fn"> The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-08-03T09:19:02.752-06:00">Updated Aug 3, 2014 09:19AM MDT</span></h5> <div class ="entry-content">In recent weeks, some politicians have claimed that Utah has finally done it — moved out of last place in per-pupil spending. “In case you didn’t hear, UT [Utah] no longer has the lowest per-pupil total spending for public ed,” state Auditor John Dougall proclaimed on his Facebook page. Then, in late July, Sen. Howard Stephenson, R-Draper, announced to legislative leadership at a public Education Task Force meeting, “Idaho now holds the once-coveted position that we held for so long that none of...</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> 58250849@www.sltrib.com Sun, 03 Aug 2014 09:19:02 MDT U.S.consumer spending up 0.4 percent in June http://www.sltrib.com/sltrib/money/58250387-79/percent-spending-rate-june.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58250387-79/percent-spending-rate-june.html.csp">U.S.consumer spending up 0.4 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="2014-08-01T10:56:03.741-06:00">Updated Aug 1, 2014 10:56AM MDT</span></h5> <div class ="entry-content">Washington • U.S. consumer spending rose at the fastest pace in three months in June, providing momentum for the economy going into the second half of the year. Consumer spending increased 0.4 percent in June on a seasonally adjusted basis following slower increases of 0.3 percent in May and 0.1 percent in April, the Commerce Department said Friday. That was the best showing since a 0.8 percent surge in spending in March, which reflected a rebound after a harsh winter had kept consumers from the...</div> <h5><a rel="item-license" href="#license-582503872014-08-01T10:56:03.741-06:00" id="#license-2014-08-01T10:56:03.741-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58250387@www.sltrib.com Fri, 01 Aug 2014 10:56:03 MDT Construction spending falls 1.8 percent in June http://www.sltrib.com/sltrib/money/58250313-79/percent-construction-spending-government.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58250313-79/percent-construction-spending-government.html.csp">Construction spending falls 1.8 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="2014-08-01T08:50:27.161-06:00">Updated Aug 1, 2014 08:50AM MDT</span></h5> <div class ="entry-content">Washington • U.S. construction spending fell in June by the largest amount in more than three years as housing, non-residential construction and government spending all weakened. Construction spending dropped 1.8 percent in June on a seasonally adjusted basis after rising by a revised 0.8 percent in May, the Commerce Department reported Friday. It was the biggest setback since a 2.8 percent fall in January 2011. The weakness was widespread with spending on housing down for a second straight mont...</div> <h5><a rel="item-license" href="#license-582503132014-08-01T08:50:27.161-06:00" id="#license-2014-08-01T08:50:27.161-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58250313@www.sltrib.com Fri, 01 Aug 2014 08:50:27 MDT Drop in consumer spending lowers Japan’s output http://www.sltrib.com/sltrib/money/58241649-79/percent-output-sales-spending.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58241649-79/percent-output-sales-spending.html.csp">Drop in consumer spending lowers Japan’s output</a></h4> <span class="author vcard"><span class="fn">By Keiko Ujikane</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg News</span></span> <h5><span class="updated" title="2014-07-30T11:30:01.815-06:00">Updated Jul 30, 2014 11:30AM MDT</span></h5> <div class ="entry-content">Tokyo • Japanese industrial output fell the most since the March 2011 earthquake, highlighting the widening impact of April’s sales-tax increase. Industrial output dropped 3.3 percent in June from May, the trade ministry said Tuesday in Tokyo, more than twice the median forecast for a 1.2 percent contraction in a Bloomberg News survey of 31 economists. The manufacturing sector has cut back in response to a slump in consumer spending and a failure of exports to pick up even after an 18 percent dr...</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> 58241649@www.sltrib.com Wed, 30 Jul 2014 11:30:01 MDT IMF says Cyprus will need more spending cuts http://www.sltrib.com/sltrib/money/58241468-79/cyprus-imf-cuts-rescue.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58241468-79/cyprus-imf-cuts-rescue.html.csp">IMF says Cyprus will need more spending cuts</a></h4> <span class="author vcard"><span class="fn">By MENELAOS HADJICOSTIS</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-30T10:43:01.482-06:00">Updated Jul 30, 2014 10:43AM MDT</span></h5> <div class ="entry-content">Nicosia, Cyprus • The International Monetary Fund said Wednesday that Cyprus will need to make additional spending cuts to meet a key target of its financial rescue program. IMF official Delia Velculescu said that more permanent cuts to government spending, including the public sector wage bill, are needed for authorities to achieve a primary surplus of four percent of gross domestic product by 2018. A primary surplus does not count the cost of servicing existing debt. That surplus is seen as ke...</div> <h5><a rel="item-license" href="#license-582414682014-07-30T10:43:01.482-06:00" id="#license-2014-07-30T10:43:01.482-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58241468@www.sltrib.com Wed, 30 Jul 2014 10:43:01 MDT U.S. economy grew at strong 4 percent rate in spring http://www.sltrib.com/sltrib/money/58241181-79/percent-quarter-economy-rate.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58241181-79/percent-quarter-economy-rate.html.csp">U.S. economy grew at strong 4 percent rate in spring</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="2014-07-30T16:22:28.623-06:00">Updated Jul 30, 2014 04:22PM MDT</span></h5> <div class ="entry-content">Washington • After a dismal winter, the U.S. economy sprang back to life in the April-June quarter, growing at a fast 4 percent annual rate on the strength of higher consumer and business spending. The rebound reported Wednesday by the Commerce Department followed a sharp 2.1 percent annualized drop in economic activity in the January-March quarter. That figure was revised up from a previous estimate of a 2.9 percent drop. But it was still the biggest contraction since early 2009 in the depths o...</div> <h5><a rel="item-license" href="#license-582411812014-07-30T16:22:28.623-06:00" id="#license-2014-07-30T16:22:28.623-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58241181@www.sltrib.com Wed, 30 Jul 2014 16:22:28 MDT American Express quarterly profit rises 9 percent http://www.sltrib.com/sltrib/money/58238524-79/percent-american-express-card.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58238524-79/percent-american-express-card.html.csp">American Express quarterly profit rises 9 percent</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="2014-07-29T17:12:01.779-06:00">Updated Jul 29, 2014 05:12PM MDT</span></h5> <div class ="entry-content">American Express Co.’s net income grew 9 percent in the second quarter, as spending by cardholders increased and the credit card issuer set aside less money to cover potential credit losses. A one-time gain related to the company’s business travel division also helped boost results. The New York company’s latest earnings beat Wall Street’s expectations, but its 5 percent increase in revenue fell short. Spending by holders of American Express cards grew 9 percent during the April-June period, ref...</div> <h5><a rel="item-license" href="#license-582385242014-07-29T17:12:01.779-06:00" id="#license-2014-07-29T17:12:01.779-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58238524@www.sltrib.com Tue, 29 Jul 2014 17:12:01 MDT Discover Financial’s quarterly profit jumps 7 percent http://www.sltrib.com/sltrib/money/58212493-79/percent-discover-card-loans.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58212493-79/percent-discover-card-loans.html.csp">Discover Financial’s quarterly profit jumps 7 percent</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-07-22T18:44:02.565-06:00">Updated Jul 22, 2014 06:44PM MDT</span></h5> <div class ="entry-content">Los Angles • Discover Financial Services’ net income grew 7 percent in the second quarter as credit card spending and overall loans increased from a year ago. The results beat Wall Street’s expectations. The credit card issuer and lender said Tuesday that card loans and sales volume for the company’s namesake card both climbed 6 percent, reflecting increased spending by its cardholders. More of those cardholders also elected to carry balances rather than pay them off, helping drive interest reve...</div> <h5><a rel="item-license" href="#license-582124932014-07-22T18:44:02.565-06:00" id="#license-2014-07-22T18:44:02.565-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58212493@www.sltrib.com Tue, 22 Jul 2014 18:44:02 MDT House GOP advises: Move National Guard to border http://www.sltrib.com/sltrib/world/58188254-68/border-immigration-law-changes.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/58188254-68/border-immigration-law-changes.html.csp">House GOP advises: Move National Guard to border</a></h4> <span class="author vcard"><span class="fn">By ERICA WERNER</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-15T21:58:51.3-06:00">Updated Jul 15, 2014 09:58PM MDT</span></h5> <div class ="entry-content">Washington • House Republicans announced Tuesday they will recommend dispatching the National Guard to south Texas and speeding Central American youths back home as their response to the immigration crisis that’s engulfing the border and testing Washington’s ability to respond. The recommendations, to come from a working group established by House Speaker John Boehner, will set up a clash with leading Democrats who oppose changing U.S. law to eliminate automatic immigration hearings for Central...</div> <h5><a rel="item-license" href="#license-581882542014-07-15T21:58:51.3-06:00" id="#license-2014-07-15T21:58:51.3-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58188254@www.sltrib.com Tue, 15 Jul 2014 21:58:51 MDT Op-ed: A better way than filling jails with nonviolent offenders http://www.sltrib.com/sltrib/opinion/58170896-82/prison-offenders-nonviolent-utah.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58170896-82/prison-offenders-nonviolent-utah.html.csp">Op-ed: A better way than filling jails with nonviolent offenders</a></h4> <span class="author vcard"><span class="fn">By Kirk L. Jowers</span></span> <h5><span class="updated" title="2014-07-13T22:19:02.072-06:00">Updated Jul 13, 2014 10:19PM MDT</span></h5> <div class ="entry-content">Across the nation, policymakers are revising age-old approaches to incarceration. In the last five years, 26 states have reduced crime rates and prisoners behind bars, saving billions of taxpayer dollars without compromising public safety. The consensus of decades past—that more prisons, and prisoners, mean less crime—has shifted to embrace a better, data-driven way of keeping our streets safe. Unfortunately, Utah’s criminal justice system is falling behind. While Utah has historically kept its ...</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> 58170896@www.sltrib.com Sun, 13 Jul 2014 22:19:02 MDT State putting money into ‘Bigfoot versus Nazis’ http://www.sltrib.com/sltrib/politics/58173817-90/bigfoot-board-crew-film.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/politics/58173817-90/bigfoot-board-crew-film.html.csp">State putting money into ‘Bigfoot versus Nazis’</a></h4> <span class="author vcard"><span class="fn">By Mike Gorrell</span></span> <span class="author vcard"><span class="fn"> The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-07-12T09:08:04.84-06:00">Updated Jul 12, 2014 09:08AM MDT</span></h5> <div class ="entry-content">The one and only “Bigfoot versus Nazis” will be filmed in Utah this November — with state financial assistance. Maybe its plot is a bit far-fetched, acknowledged Utah Film Commission Director Marshall Moore in a presentation Thursday to the Governor’s Office of Economic Development board. Especially the parts where Einstein and Frankenstein get involved in the fight between monsters mythical and real. But, he added, the Camera 40 Productions team making the fantasy adventure feature film will sp...</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> 58173817@www.sltrib.com Sat, 12 Jul 2014 09:08:04 MDT House chairman: $3.7B border request ‘too much’ http://www.sltrib.com/sltrib/world/58174930-68/spending-border-obama-congress.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/58174930-68/spending-border-obama-congress.html.csp">House chairman: $3.7B border request ‘too much’</a></h4> <span class="author vcard"><span class="fn">By ERICA WERNER</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-11T20:38:36.825-06:00">Updated Jul 11, 2014 08:38PM MDT</span></h5> <div class ="entry-content">Washington • A key Republican said Friday that President Barack Obama’s multibillion-dollar emergency request for the border is too big to get through the House, as a growing number of Democrats rejected policy changes Republicans are demanding as their price for approving any money. The developments indicated that Obama faces an uphill climb as he pushes Congress to approve $3.7 billion to deal with tens of thousands of unaccompanied kids who’ve been arriving at the U.S.-Mexico border from poo...</div> <h5><a rel="item-license" href="#license-581749302014-07-11T20:38:36.825-06:00" id="#license-2014-07-11T20:38:36.825-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58174930@www.sltrib.com Fri, 11 Jul 2014 20:38:36 MDT U.S. records $71 billion budget surplus in June http://www.sltrib.com/sltrib/world/58174912-68/billion-budget-government-deficit.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/58174912-68/billion-budget-government-deficit.html.csp">U.S. records $71 billion budget surplus in June</a></h4> <span class="author vcard"><span class="fn">By JOSH BOAK</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-11T16:31:44.981-06:00">Updated Jul 11, 2014 04:31PM MDT</span></h5> <div class ="entry-content">Washington • The U.S. government ran a monthly budget surplus in June, putting it on course to record the lowest annual deficit since 2008. The Treasury Department said Friday that its June surplus totaled $71 billion, following a $130 billion deficit in May. The government also ran a surplus in June 2013, bolstered by dividends from Fannie Mae, the mortgage giant under federal conservatorship for the past six years. For the first nine months of this budget year, the deficit totals $366 billion...</div> <h5><a rel="item-license" href="#license-581749122014-07-11T16:31:44.981-06:00" id="#license-2014-07-11T16:31:44.981-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58174912@www.sltrib.com Fri, 11 Jul 2014 16:31:44 MDT Economists downgrade forecasts for U.S. growth http://www.sltrib.com/sltrib/money/58173593-79/percent-economists-quarter-growth.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58173593-79/percent-economists-quarter-growth.html.csp">Economists downgrade forecasts for U.S. growth</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="2014-07-11T09:14:02.535-06:00">Updated Jul 11, 2014 09:14AM MDT</span></h5> <div class ="entry-content">Washington • U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter. A survey by the National Association of Business Economics, released Friday, found that economists expect, on average, growth of 3 percent at an annual rate in the second quarter. That’s down from 3.5 percent in a June survey. Growth in 2014 as a whole will be just 1.6 percent, they project, sha...</div> <h5><a rel="item-license" href="#license-581735932014-07-11T09:14:02.535-06:00" id="#license-2014-07-11T09:14:02.535-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58173593@www.sltrib.com Fri, 11 Jul 2014 09:14:02 MDT Border money request won’t include policy change http://www.sltrib.com/sltrib/world/58160613-68/obama-border-immigration-request.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/58160613-68/obama-border-immigration-request.html.csp">Border money request won’t include policy change</a></h4> <span class="author vcard"><span class="fn">By ERICA WERNER</span></span> <span class="author vcard"><span class="fn">and JIM KUHNHENN</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-08T22:02:22.581-06:00">Updated Jul 8, 2014 10:02PM MDT</span></h5> <div class ="entry-content">Washington • President Barack Obama is preparing to ask Congress for emergency spending of more than $2 billion to deal with the crisis of unaccompanied kids at the Southern border, but for now he won’t seek legal changes to send the children back home more quickly. That decision comes after immigration advocates objected strongly to administration proposals to speed thousands of unaccompanied minors back home to El Salvador, Honduras and Guatemala, where many face gang violence. The White Hous...</div> <h5><a rel="item-license" href="#license-581606132014-07-08T22:02:22.581-06:00" id="#license-2014-07-08T22:02:22.581-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58160613@www.sltrib.com Tue, 08 Jul 2014 22:02:22 MDT