Business & Economy
DEREK GATOPOULOS, Associated Press
European ministers call for profit caps on energy companies as Iran war drives price surge
Finance ministers from five European Union member states are urging the bloc to introduce a windfall tax on energy companies as surging oil and gas prices raise inflation fears.4 months ago
DAMIAN J. TROISE, Associated Press
Stocks recover from early losses and close with a weekly gain. US oil tops $110 a barrel
Stocks overcame early losses to finish with slim gains and close out their first winning week since the start of the Iran war. Oil prices remained elevated, however.4 months ago
REGINA GARCIA CANO and FATIMA HUSSEIN, Associated Press
US lifts sanctions on Venezuela’s acting President Delcy Rodríguez
The U.S. has lifted sanctions on Venezuela’s acting President Delcy Rodríguez. That's according to an Office of Foreign Assets Control entry on Wednesday on the Treasury Department website.4 months ago
Stan Choe, Associated Press
Stocks rally worldwide as oil prices ease on hopes for a possible end to the Iran war
Stocks rushed higher worldwide, and oil prices eased as hopes built that the war with Iran could end soon.4 months ago
BERNARD CONDON and KEN SWEET, Associated Press
SpaceX files initial paperwork to sell shares to the public and likely make Musk a trillionaire
Elon Musk’s space exploration company has filed preliminary paperwork to sell shares to the public, according to two sources familiar with the filing, a blockbuster offering that is likely to rank as the biggest ever and make its founder the world’s first trillionaire.4 months ago
Stan Choe, Associated Press
The Dow surges more than 1,100 points as Wall Street soars to its best day since last spring
U.S. stocks are surging to their best day since last spring, and the Dow Jones Industrial Average soared more than 1,000 points as doubt swings back to hope on Wall Street for a possible end to the war with Iran.4 months ago
FATIMA HUSSEIN, Associated Press
US Treasury plans to put Trump’s signature on new paper currency in first for sitting president
The Treasury Department plans to print President Donald Trump’s signature on every new U.S. paper bill.4 months ago
Lisa Riley Roche, Deseret News
Will President Trump’s executive orders on home affordability affect Utah?
The executive orders, signed last Friday, direct federal agencies to ease government regulations seen as adding to the nation's housing shortage.5 months ago
Sam McNeil and Lorne Cook, Associated Press
EU asks for reopening of the Strait of Hormuz and no more strikes on energy, water sites
European leaders have demanded the reopening of the Strait of Hormuz and a moratorium on strikes on water and energy infrastructure in the Middle East as they met in Brussels to grapple with rising energy prices caused by the war.5 months ago
JON GAMBRELL, DAVID RISING, MIKE CORDER and NATALIE MELZER, Associated Press
As Iran mounts attacks on Gulf energy sites, Netanyahu says it can no longer enrich uranium
Iran has intensified its attacks on oil and gas facilities around the Gulf, dramatically raising the stakes in a war that is sending shock waves through the global economy.5 months ago
Christopher Rugaber, Associated Press
US stocks hold their losses after the Federal Reserve opts again not to cut interest rates
Federal Reserve officials expect the Iran war will worsen inflation this year while having little impact on growth, but they still expect to cut their key rate once in 2026. For now, Fed policymakers left short-term interest rates unchanged Wednesday for the second straight meeting at about 3.6%.5 months ago
FATIMA HUSSEIN and REGINA GARCIA CANO, Associated Press
US eases Venezuela oil sanctions as Trump seeks to boost world oil supply during Iran war
The Treasury Department is easing sanctions on Venezuela’s state oil company, with some limits.5 months ago
ANNE D'INNOCENZIO, Associated Press
Amazon offers 1-hour and 3-hour deliveries for US customers willing to pay an extra charge
Amazon says it has started offering faster U.S. deliveries of selected products for a fee.5 months ago
Emma Benson, KSL
TSA agents quit after missed paychecks due to shutdown
The ongoing shutdown over Homeland Security funding is creating ripple effects at airports across the country. In Utah, the financial strain is reaching a breaking point for many employees.5 months ago
Cora Lewis, Associated Press
Tax scams are on the rise. Here’s what to know
Robocalls, texts, and phishing emails from scammers are up this tax season compared to previous years, according to the consumer protection bureau of the FTC.5 months ago
Adam Small
Research: healthcare causing one third of Americans to cut back on necessary costs
New research shows a third of Americans are having to cut back on other day-to-day necessities like food to pay for healthcare. Local doctors said Utahns are feeling the pain, too.5 months ago
SAMUEL PETREQUIN and KIRSTEN GRIESHABER, Associated Press
Wealthy nations agree to record release of emergency oil reserves in a bid to calm surging prices
The International Energy Agency has agreed to release the largest volume of emergency oil reserves in its history, in a bid to counter the effects on energy market prices of the war in the Middle East.5 months ago
Daniel Woodruff, KSL
Advocates hope 2 bills will help improve Utah’s housing affordability
Utah's legislative session is over, and housing advocates are now looking at what lawmakers did to help people get into homes of their own.5 months ago
Stan Choe, Associated Press
US stocks erase a big early loss and rise after oil prices whip from nearly $120 back below $90
U.S. stocks rose following a remarkable reversal, as oil prices went from their highest prices since 2022 back below $90 per barrel.5 months ago
Adam Small
Utah lawmakers pass water reporting requirement for large data centers
Both the Utah House and Senate signed off on a proposal to require large data centers moving to Utah to report their annual water use to state officials.5 months ago
Alanna Durkin Richer, Associated Press
Justice Department and Live Nation reach settlement over illegal monopoly case, AP source says
The Justice Department reached a settlement in its antitrust lawsuit against Ticketmaster and its parent company, Live Nation Entertainment.5 months ago
Associated Press
Travelers encounter long waits at some airports as DHS shutdown affects security checkpoints
In a series of X posts Sunday, the William P. Hobby Airport in Houston went from urging travelers to arrive early to asking them to arrive 4 to 5 hours before their flights.5 months ago
Brenna Donnelly, KSL
Utah gas prices jump $.19 amid global tensions
Gas prices increased in Utah this week for two reasons, including escalating instability in the Middle East.5 months ago
