Business & Economy

People walk by the New York Stock Exchange, Thursday morning, April 10, 2025. (AP Photo/Richard Dre...
Associated Press

Wall Street drops roughly 3% despite encouraging inflation data as Trump’s trade war still weighs

U.S. stocks are retreating Thursday after historic gains, as Wall Street considers a cooling global trade war that continues to pose economic risks.
1 year ago
The impact of tariffs is wide-reaching, and collectors of sports and Pokémon cards have been conce...
Andrew Adams, KSL TV

Sports card, Pokémon collectors concerned about potential impacts of tariffs on hobby

The impact of tariffs is wide-reaching, and collectors of sports and Pokémon cards have been concerned in recent weeks about how their hobbies will be affected.
1 year ago
Nintendo Switch 2...
Dave Noriega

Noriega: Good luck breaking down the Switch 2 and tariffs with your kids

April 9, 2025, was supposed to be pre-order day for the Switch 2 video game console from Nintendo, but that didn't end up happening.
1 year ago
FILE - Flags hanging from the New York Stock Exchange (NYSE) building are the backdrop for a Wall S...
Stan Choe, AP Business Writer

S&P 500 soars 9.5% to one of its biggest gains since WWII after Trump pauses most tariffs

The S&P 500 soared 9.5%, the Dow Jones gained nearly 3,000 points, and the Nasdaq composite jumped 12.2%.
1 year ago
tariffs imposed by EU...
Associated Press

EU imposes new tariffs on $23 billion in US goods in retaliation for Trump’s steel, aluminum tariffs

The EU approves $23 billion in retaliatory tariffs after Trump's 25% steel and aluminum tariffs.
1 year ago
...
Carter Williams, KSL.com

Federal FrontRunner funding remains in flux as US transportation secretary visits Utah

U.S. Transportation Secretary Sean Duffy said he believes in investing in transit projects like FrontRunner, especially as the Wasatch Front continues to quickly grow.
1 year ago
President Donald Trump shakes hands with coal miner Jeff Crowe during an event on energy production...
Matthew Daly, Associated Press

Trump signs executive orders to boost coal

President Trump will use his emergency authority to allow some older coal-fired power plants set for retirement to keep producing electricity.
1 year ago
mazza cafe...
Verl Johansen

Mazza Cafe asks community for help to stay open

Middle Eastern restaurant Mazza Cafe has been open for 25 years in Utah, but the owner said they need help to stay open.
1 year ago
FILE: Fireworks explode after the game as the Salt Lake Bees played in one of their last games at S...
Alexandrea Bonilla and Simone Seikaly

It’s Ballpark neighborhood’s first quiet opening day in 30+ years

It's been more than 30 years since there was no opening day baseball in Salt Lake's Ballpark neighborhood.
1 year ago
stocks...
Dave Noriega

Noriega: Stocks crashing, professionals say, ‘When in doubt, zoom out’

U.S. stocks might have you on edge right now but the phrase “When in doubt, zoom out" may help.
1 year ago
FILE: A patron passes the dairy section while grocery shopping at Ream's in Sandy on Wednesday, Jan...
Simone Seikaly

Utah consumer sentiment falls for second consecutive month

Utah consumer sentiment reportedly fell 8.0% in March. It registered at 88.1 in February, and in March it was 81.1.
1 year ago
Traders work on the floor of the New York Stock Exchange (NYSE) on April 07, 2025 in New York City....
STAN CHOE, ELAINE KURTENBACH and DAVID McHUGH AP Business Writers

US stocks dip after careening through a manic day following Trump’s latest tariff threat

The S&P 500 sank 0.2% Monday. The Dow Jones Industrial Average fell 349 points, and the Nasdaq composite rose 0.1%.
1 year ago
Cars for sale are stored in the old Sears parking lot in Salt Lake City on Thursday, May 13, 2021. ...
Adam Small

New tariffs in place on cars imported to US, expert weighs in on how it could affect Utah

President Donald Trump has placed a new 25% tariff on cars imported to the U.S., and Utah car dealers are now bracing for any potential effects.
1 year ago
A man is shown at his work from home setup...
Don Brinkerhoff

Utah ranked second best state to work from home, according to new study

Utah is the second best state in the nation to work from home, according to a new study by WalletHub.
1 year ago
global markets...
Associated Press

Dow drops 1,200 and global markets tumble as worries deepen about impact of Trump’s trade war

Global markets, including Wall Street, are plummeting amid fears that President Trump's trade war could destabilize the global economy.
1 year ago
The layoff process is underway at the Ogden IRS, according to an email obtained by KSL....
Clayre Scott

Layoff process underway at Ogden IRS, according to email obtained by KSL

The layoff process is underway at the Ogden IRS, according to an email obtained by KSL.
1 year ago
gas prices gas pump...
Adam Small

Utah’s gas prices are rising. Could tariffs have an impact?

Gas prices in the Utah are on the rise, as they typically are coming out of winter.
1 year ago
A Utah Transit Authority FrontRunner train. A suspect is in custody after police say a person was s...
Bryanna Willis

UDOT, UTA say no projects delayed despite federal review of transportation funding

Over $100 million in transportation funding in Utah is under review as part of the Trump administration's efforts to cut back on federal spending.
1 year ago
President Donald Trump, driven by his son Eric Trump, arrives at Trump National Doral during the LI...
Associated Press

Trump says things are ‘going very well’ after worst stock market drop in years over tariffs

WASHINGTON (AP) — President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, “I think it’s going very well.” “The markets are going to boom, the stock is going to boom, the country is going to boom,” he said when asked about the market as he left […]
1 year ago
Four elderly men sitting on a step reading a newspaper during the Great Depression, USA, circa 1937...
Diana Jones

What can the Smoot-Hawley Tariff Act teach us about what to expect from today’s tariffs?

This isn't the first time tariffs have been used to help the American economy. In 1930, the Smoot-Hawley Tariff Act was passed by Congress and it put in place a number of broad tariffs. 
1 year ago
Kennedy Camarena

Money Making Sense: What’s happening with Social Security?

How long will Social Security last? Money Making Sense speaks to an expert.
1 year ago
U.S. President Donald Trump delivers remarks on tariffs at the White House in Washington, D.C., Wed...
Bridger Beal-Cvetko, KSL.com

‘Utahns are going to feel it’ Gov. Cox says of Trump’s ‘liberation day’ tariffs

President Donald Trump's latest round of tariffs will be felt by Utahns through price increases, Gov. Spencer Cox said, but the governor said he's "curious and hopeful" about how the trade measures play out.
1 year ago
Financial markets tariffs upset...
STAN CHOE AP Business Writer

Dow drops 1,500 as US stocks lead worldwide sell-off after Trump’s tariffs ignite a COVID-like shock

We’re live 👇 at 4:15 with a Utah economic expert, on how Utahns may be impacted. NEW YORK (AP) — Wall Street shuddered, and a level of shock unseen since COVID’s outbreak tore through financial markets worldwide Thursday on worries about the damage President Donald Trump’s newest set of tariffs could do to economies across […]
1 year ago
Remember the classic '80s film "Ferris Bueller's Day Off"? Well, that day actually has a lot to do ...
Diana Jones

What do ‘Ferris Bueller’s Day Off’ and Liberation Day have in common?

Remember the classic '80s film "Ferris Bueller's Day Off"? Well, that day actually has a lot to do with another day, one that has been deemed by the President as 'Liberation Day'. 
1 year ago