National News

US consumer spending scores biggest jump in 6 years

May 31st, 2016 | By
Consumer Spending Credit Card

By Martin Crutsinger AP Economics Writer WASHINGTON — Consumer spending surged in April by the largest amount in more than six years, led by a big jump in purchases of autos and other durable goods. Consumer spending rose 1 percent last month after a flat reading in March, the Commerce Department reported Tuesday. Incomes were
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US home prices rise in March as spring buying season begins

May 31st, 2016 | By
Home for Sale

By Christopher S. Rugaber AP Economics Writer WASHINGTON — U.S. home prices kept climbing in March as the spring home buying season began, but so far the higher costs haven’t thwarted sales. The Standard & Poor’s/Case-Shiller 20-city home price index increased 5.4 percent in March compared with a year earlier, according to a report released
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Data points to strong restaurant industry

May 27th, 2016 | By
Restaurant Waiter

By Sarah Glenn For the Journal As a slew of new eateries spring up across southeast Idaho, some wonder if we have the population (and the appetite) to support the growth. According to industry research firm Alix Partners, all indications point to yes. In 2016, more than a dozen new restaurants are opening (or have
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Low-income high schoolers to get grants for college courses

May 26th, 2016 | By
go-on-rates by state

By Jennifer C. Kerr Associated Press WASHINGTON — For the first time, thousands of low-income high-school students in nearly two dozen states will soon be able to get federal grants to take college courses for credit, part of a program the Obama administration plans to begin this summer. The experimental program allows high school students
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Goodbye, empty nest: Millennials staying longer with parents

May 24th, 2016 | By
Green Home

By Christopher S. Rugaber AP Economics Writer WASHINGTON — Many of America’s young adults appear to be in no hurry to move out of their old bedrooms. For the first time on record, living with parents is now the most common arrangement for people ages 18 to 34,an analysis of census data by the Pew
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Monsanto rejects $62B Bayer bid, but still open to talks

May 24th, 2016 | By

NEW YORK (AP) — Monsanto rejected Bayer’s $62 billion takeover bid, calling it “incomplete and financially inadequate.” However, the seed company suggested Tuesday that a higher bid might be accepted, saying that it remains open to talks. Monsanto Co. Chairman and CEO Hugh Grant also said in a written statement that the initial offer failed
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Fares are cheap; airlines don’t want them to stay that way

May 24th, 2016 | By
Doug Lindley/Idaho State Journal
Passengers depart a Skywest flight Wednesday afternoon at the Pocatello Regional Airport.

By David Koenig AP Airlines Writer DALLAS — Enjoy lower airfares while you can. Airlines are taking steps to push prices higher by next year. Fares have been dropping for more than a year. Taking inflation into account, the average round trip within the U.S. in late 2015 was the lowest since 2010. Ticket prices
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