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The Russian government, facing its worst economic crisis in a decade, on Wednesday proposed cutting planned spending by 10 percent this year and 5 percent over the next two years in all categories except military and social expenditures.
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Poll: Most say restore health aid if court kills subsidies

Alan Fram, Associated Press  |  posted Jan 27th - 10:21pm
More than 6 in 10 Americans would want Congress to restore federal financial assistance for millions buying health care coverage under President Barack Obama's health care law if the Supreme Court invalidates some of those government subsidies, a poll said Wednesday.
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Following your passion: Freshly Picked

Emilee Bench  |  posted Jan 27th - 9:03pm
For the fourth and final installment of the KSL-TV's "Following Your Passion" series, we feature creator and owner of the Freshly Picked baby moccasins, Susan Petersen.
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Business community supports tax increases for schools, roads

Lisa Riley Roche  |  posted Jan 27th - 7:32pm
A group of Utah business leaders Tuesday said it's time for lawmakers to invest in both education and transportation, even if that means increasing taxes.
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H&M posts 12 percent rise in 4Q profit, plans 400 new stores

The Associated Press  |  posted 14 minutes ago
Swedish fashion retailer Hennes & Mauritz says its earnings rose by 12 percent in the fourth quarter, boosted by expansion in the United States and China.
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Fed is expected to remain 'patient' about a first rate hike

The Associated Press  |  posted 24 minutes ago
The statement expected today at the end of the latest Federal Reserve policy meeting will be meticulously reviewed for any hints about future interest rate increases from current record lows.
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Nintendo's nine-month profit jumps on cheap yen

Yuri Kageyama, Associated Press  |  posted 34 minutes ago
Nintendo reported a nearly six-fold increase in profit for the first three quarters of the fiscal year Wednesday and raised its earnings forecast as a cheap yen masked weak sales.
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German consumer confidence at 13-year high

The Associated Press  |  posted 54 minutes ago
German consumer confidence is at a 13-year high, buoyed by a rise in disposable income due to collapsing fuel and heating oil costs.
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Schumer eyes health coverage for disabled vets' children

The Associated Press  |  posted Jan 28th - 1:10am
U.S. Sen. Charles Schumer plans to discuss a proposal for legislation that would extend health care coverage for the children of disabled military veterans.
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Cuomo, de Blasio, defend strict NYC storm regulations

Jonathan Lemire, Associated Press  |  posted Jan 28th - 1:00am
They appeared to be scenes from a frozen apocalypse.
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China criticizes Alibaba in report withheld until after IPO

Joe McDonald, Associated Press  |  posted Jan 28th - 12:30am
Chinese regulators accused e-commerce giant Alibaba on Wednesday of permitting sales of fake goods and hurting consumers in a report that was withheld until now to avoid disrupting the company's U.S. stock market debut.
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China's yuan joins top 5 most-used global currencies

Joe McDonald, Associated Press  |  posted Jan 27th - 9:51pm
China's yuan has become one of the five most widely used currencies in global payments, an international financial transactions agency announced Wednesday.
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Jindal considering cuts to college fund he pushed to create

Melinda Deslatte, Associated Press  |  posted Jan 27th - 6:50pm
When the $40 million incentive fund was created last year to pay for college programs to fill high-demand jobs in Louisiana it was hailed as critical to both higher education and the state's workforce needs.
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State fails to track billions in mental health funds

Juliet Williams, Associated Press  |  posted Jan 27th - 6:41pm
State and county officials cannot show how billions of dollars collected through a voter-approved tax on millionaires are being spent or whether the related programs have helped people with mental illness as voters intended, a state watchdog commission reported Tuesday.
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White House drops plan to scale back college savings plans

Stephen Ohlemacher, Associated Press  |  posted Jan 27th - 6:40pm
The White House said Tuesday it is dropping a proposal to scale back the tax benefits of college savings plans amid a backlash from both Republicans and Democrats.
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