SPENDING - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/SPENDING News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) 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 This material may not be published, broadcast, rewritten or redistributed.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 U.S. construction spending up 0.1 percent in May http://www.sltrib.com/sltrib/money/58137442-79/construction-spending-percent-0.1.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58137442-79/construction-spending-percent-0.1.csp">U.S. construction spending up 0.1 percent in May</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="2014-07-01T09:32:02.622-06:00">Updated Jul 1, 2014 09:32AM MDT</span></h5> <div class ="entry-content">Washington • U.S. construction spending barely increased in May as gains in spending on non-residential projects such as office buildings and public construction were largely offset by a big drop in home building. The Commerce Department says construction spending edged up 0.1 percent in May after a much stronger 0.8 percent April increase. The back-to-back gains followed a period of weakness in which spending fell in both January and February and was flat in March. The construction industry has...</div> <h5><a rel="item-license" href="#license-581374422014-07-01T09:32:02.622-06:00" id="#license-2014-07-01T09:32:02.622-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58137442@www.sltrib.com Tue, 01 Jul 2014 09:32:02 MDT Consumer spending in May disappointingly weak http://www.sltrib.com/sltrib/money/58118284-79/percent-spending-consumer-april.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58118284-79/percent-spending-consumer-april.html.csp">Consumer spending in May disappointingly weak</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="2014-06-26T09:03:02.517-06:00">Updated Jun 26, 2014 09:03AM MDT</span></h5> <div class ="entry-content">Washington • U.S. consumers boosted their spending only modestly in May, a disappointment to economists who said the weaker-than-expected gain will likely mean a lesser economic rebound in the April-June quarter than many had envisioned. Spending rose just 0.2 percent last month after no gain in April, the Commerce Department said Thursday. The two months followed a robust spending surge of 0.8 percent in March. Income rose a solid 0.4 percent in May after a 0.3 percent April gain. Last month’s ...</div> <h5><a rel="item-license" href="#license-581182842014-06-26T09:03:02.517-06:00" id="#license-2014-06-26T09:03:02.517-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58118284@www.sltrib.com Thu, 26 Jun 2014 09:03:02 MDT Veterans health spending doubled in Senate bill http://www.sltrib.com/sltrib/world/58074061-68/veterans-bill-care-senate.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/58074061-68/veterans-bill-care-senate.html.csp">Veterans health spending doubled in Senate bill</a></h4> <span class="author vcard"><span class="fn">By MATTHEW DALY</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-06-16T10:03:06.469-06:00">Updated Jun 16, 2014 10:03AM MDT</span></h5> <div class ="entry-content">Washington • Spending on veterans’ health care could double in three years under the Senate’s solution to the long waits experienced by thousands seeking medical care at VA hospitals and clinics, according to congressional budget experts. Analyzing a bill the Senate passed overwhelmingly last Wednesday, the Congressional Budget Office estimates the measure would add $35 billion over the next three years to the $44 billion the government now spends annually on medical care for veterans. Both the ...</div> <h5><a rel="item-license" href="#license-580740612014-06-16T10:03:06.469-06:00" id="#license-2014-06-16T10:03:06.469-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58074061@www.sltrib.com Mon, 16 Jun 2014 10:03:06 MDT Utah’s last-in-nation spending on students fell even further http://www.sltrib.com/sltrib/news/58062193-78/education-utah-spending-per.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/news/58062193-78/education-utah-spending-per.html.csp">Utah’s last-in-nation spending on students fell even further</a></h4> <span class="author vcard"><span class="fn">By Robert Gehrke</span></span> <span class="source-org vcard"><span class="org fn"> The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-06-13T09:19:13.867-06:00">Updated Jun 13, 2014 09:19AM MDT</span></h5> <div class ="entry-content">Utah’s per-pupil spending fell by more than all but a dozen states during the latest economic slump, dropping the Beehive State — which already spends less per student than any other state — even further behind the national average, according to a new analysis. Utah emerged from the downturn spending nearly 9 percent less per student than during the recession and sluggish recovery, according to the analysis by Ben Casselman at the FiveThirtyEight blog. All but 7.5 percent of Utah school district...</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> 58062193@www.sltrib.com Fri, 13 Jun 2014 09:19:13 MDT U.S. retail sales rose 0.3 percent in May http://www.sltrib.com/sltrib/money/58060139-79/sales-percent-stores-retail.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58060139-79/sales-percent-stores-retail.html.csp">U.S. retail sales rose 0.3 percent in May</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="2014-06-12T10:15:26.216-06:00">Updated Jun 12, 2014 10:15AM MDT</span></h5> <div class ="entry-content">Washington • U.S. retail sales rose modestly in May as consumers turned cautious in their spending. But the weaker-than-expected result is unlikely to derail stronger overall in the second quarter. Retail sales rose 0.3 percent in May, helped by a jump in demand for autos, the Commerce Department said Thursday. The result follows a 0.5 percent climb in April, which was revised up from an initial estimate of 0.1 percent. March sales surged 1.5 percent — the biggest one-month gain in four years. A...</div> <h5><a rel="item-license" href="#license-580601392014-06-12T10:15:26.216-06:00" id="#license-2014-06-12T10:15:26.216-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58060139@www.sltrib.com Thu, 12 Jun 2014 10:15:26 MDT White House threatens veto of GOP school meal bill http://www.sltrib.com/sltrib/world/58052380-68/bill-schools-standards-meal.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/58052380-68/bill-schools-standards-meal.html.csp">White House threatens veto of GOP school meal bill</a></h4> <span class="author vcard"><span class="fn">By MARY CLARE JALONICK</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-06-10T20:49:44.299-06:00">Updated Jun 10, 2014 08:49PM MDT</span></h5> <div class ="entry-content">Washington • A House bill that would allow some schools to opt out of healthier meal standards drew a veto threat Tuesday from the White House. The GOP spending bill would allow schools to waive the school lunch and breakfast standards championed by first lady Michelle Obama for the next school year if they lost money on meal programs over a six-month period. The House is expected to consider the legislation as soon as Wednesday. In a statement threatening a veto, the White House said the bill ...</div> <h5><a rel="item-license" href="#license-580523802014-06-10T20:49:44.299-06:00" id="#license-2014-06-10T20:49:44.299-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58052380@www.sltrib.com Tue, 10 Jun 2014 20:49:44 MDT US consumer spending down 0.1 percent in April http://www.sltrib.com/sltrib/money/58007132-79/percent-spending-april-march.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58007132-79/percent-spending-april-march.html.csp">US consumer spending down 0.1 percent in April</a></h4> <span class="author vcard"><span class="fn">By MARTIN CRUTSINGER</span></span> <span class="source-org vcard"><span class="org fn"> Associated Press</span></span> <h5><span class="updated" title="2014-05-30T09:40:02.403-06:00">Updated May 30, 2014 09:40AM MDT</span></h5> <div class ="entry-content">Washington • U.S. consumers cut back on spending in April for the first time in a year, taking an unexpected pause after a big jump during the previous month. The results, however, are unlikely to derail an expected spring rebound in the economy. Consumer spending, which accounts for 70 percent of overall economic activity, fell 0.1 percent in April, the Commerce Department said Friday. The drop was the first in 12 months. But it followed a 1 percent surge in spending in March, which marked 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> 58007132@www.sltrib.com Fri, 30 May 2014 09:40:02 MDT