Business & Economy

Buffett...
Josh Funk, Associated Press

Greg Abel praises Warren Buffett and promises Berkshire Hathaway won’t retreat from investing

Greg Abel paid tribute to his predecessor Warren Buffett while promising in his first shareholder letter that Berkshire Hathaway won't retreat from investing or make significant changes in the way it operates.
5 months ago
tariff...
Paul Wiseman, Associated Press

US trade deficit declined in 2025, but gap for goods hits a record despite Trump tariffs

The U.S. trade deficit slipped modestly in 2025, a year in which President Donald Trump upended global commerce by slapping double digit tariffs on imports from most countries.
5 months ago
student loan...
Tammy Kikuchi

Unpaid student loans impact more than just credit score

Millions of people with student loans are defaulting or delinquent on their payments.
6 months ago
hires...
Paul Wiseman, Associated Press

Surge of 130,000 US hires last month is a stark contrast to the weak hiring of 2025

U.S. employers added a surprisingly strong 130,000 hires last month, but government revisions cut 2024-2025 U.S. payrolls by hundreds of thousands.
6 months ago
Businesses along one of Clinton City's main thoroughfares have been struggling amid years of major ...
Britt Johnson

Clinton City is hoping for an economic comeback

Businesses along one of Clinton City's main thoroughfares have been struggling amid years of major road construction.
6 months ago
The average long-term U.S. mortgage rate barely budged this week, staying close to 6% as the spring...
Alex Veiga, AP Business Writer

Average US long-term mortgage rate barely budges, holding near 6%

The benchmark 30-year fixed rate mortgage rate edged up to 6.11%, essentially flat compared to last week when it was 6.1%, mortgage buyer Freddie Mac said Thursday.
6 months ago
shutdown...
Mary Clare Jalonick and Lisa Mascaro, Associated Press

Homeland Security shutdown grows more likely as Republicans rebuff Democrats’ ICE demands

Senate Majority Leader John Thune says Democrats' demands for new restrictions on federal immigration officers are “unrealistic” as they threaten a shutdown if their demands are not met.
6 months ago
FILE - Pedestrians walk past a help wanted sign posted on the door of a restaurant in San Francisco...
Paul Wiseman, Associated Press

US job openings fall to 6.5 million, fewest since 2020, as labor market remains sluggish

U.S. job openings fell to the lowest level in more than five years, another sign that the American labor market remains sluggish.
6 months ago
critical minerals...
Associated Press

US wants to create a critical minerals trading bloc with its allies to counter China

The Trump administration says it wants to create a critical minerals trading bloc with its allies and partners. It would use tariffs to maintain minimum prices and defend against China's stranglehold.
6 months ago
In this photo illustration, gold coins are displayed at Witter Coins on October 07, 2025 in San Fra...
Wyatte Grantham-Philips, Associated Press

More consumers are buying or selling gold. What to know about the latest rush and swings in value

Gold prices hit new heights in early 2026 — and many consumers have rushed to buy and sell pieces of the precious metal.
6 months ago
People attend a rally outside the Utah Capitol on Thursday, Jan. 29, 2026 to urge lawmakers to focu...
Daniel Woodruff, Reporter/Anchor KSL TV

‘Families are squeezed:’ Utah lawmakers urged to focus on high cost of living

At a rally Thursday on the steps of the Capitol, faith and community leaders said too many families are getting left behind as the cost of living keeps rising.
6 months ago
A Tesla dealership is seen on December 13, 2023 in Austin, Texas....
Bernard Condon, Associated Press

Tesla annual profit plunges to lowest level since pandemic

Tesla’s annual profit plunged to its lowest level since the pandemic five years ago as it lost the title of the world’s biggest electric vehicle maker to a Chinese rival and boycotts hammered sales.
6 months ago
amazon...
The Associated Press

Amazon cuts about 16,000 corporate jobs in the latest round of layoffs

Amazon is cutting about 16,000 jobs in the latest round of tech industry layoffs. Beth Galetti, a senior vice president, announced this Wednesday in a blog post. The reductions follow October's layoffs of 14,000 workers.
6 months ago
This photo shows a logo of Japan's auto giant Toyota Motor in Tokyo on May 8, 2015. (Toru Yamanaka ...
Associated Press

Toyota recalls 162,000 trucks over faulty screens

Toyota announced Friday it would recall about 162,000 pickup trucks in the United States after it was discovered that the vehicles' multimedia displays could compromise driver safety.
6 months ago
Ava Cabey dances and sings as she and other people enjoy the Last Hurrah 2025 celebration at the Ga...
Carter Williams, KSL

Owner places a large chunk of the Gateway in Salt Lake City up for sale

A large chunk of the Gateway is up for sale amid massive changes planned for downtown Salt Lake City.
6 months ago
FILE - The icon for the TikTok video sharing app is seen on a smartphone in Marple Township, Pa., F...
Associated Press

TikTok finalizes deal to form new American version of the app

The social video platform company signed agreements with major investors including Oracle, Silver Lake and MGX to form the new TikTok U.S. joint venture.
6 months ago
The magnitude 4.7 earthquake recorded in Utah near the Utah-Wyoming border on Thursday morning wasn...
Britt Johnson and Simone Seikaly

Magnitude of Thursday’s earthquake near Evanston wasn’t out of the ordinary, officials say

Thursday's earthquake happened at 7:49 a.m., MST, and was centered at the edge of the Wasatch National Forest 24.8 miles from Evanston, Wyoming.
6 months ago
greenland...
JOSH BOAK, WILL WEISSERT and AAMER MADHANI Associated Press

Trump cancels tariff threat over Greenland, says NATO agreed to ‘framework’ of future Arctic deal

President Donald Trump has announced he is canceling a planned tariff on U.S. allies in Europe over Greenland. This decision follows an agreement with NATO on a framework for a future Arctic deal.
6 months ago
The OpenAI logo is displayed on a mobile phone in front of a computer screen with output from ChatG...
Matt O'Brien, Associated Press

ChatGPT’s free ride is ending: Here’s what OpenAI plans for advertising on the chatbot

OpenAI plans to introduce ads for ChatGPT users who aren’t paying for the premium version. The company announced Friday that it will start testing ads in the coming weeks.
7 months ago
Economic Outlook and Public Policy Summit in Salt Lake City, Utah....
Tyrese Boone, KSL

Utah Legislature addresses Utah housing growth and challenges

Utah’s economy continues to grow, but state and business leaders say housing affordability and infrastructure need to keep pace.
7 months ago
The Tesla logo is displayed at a Tesla dealership Thursday, Mar. 13, 2025, in Miami....
Paul Harloff and Bernard Condon, Associated Press

Tesla loses title as world’s biggest electric vehicle maker as sales fall for second year in a row

Tesla lost its crown as the world’s bestselling electric vehicle maker on Friday as a customer revolt over Elon Musk’s right-wing politics and stiff overseas competition pushed sales down for a second year in a row.
7 months ago
Utah State Capitol building Monday, October 8, 2001. (Jason Olson, Deseret News)...
Bridger Beal-Cvetko, KSL

25 new Utah laws that went into effect on Jan. 1

It's a new year, which means another fresh round of new Utah laws are about to take effect.
7 months ago
A layer of snow remains in the Daybreak neighborhood of South Jordan with Mount Olympus in the back...
Carter Williams, KSL

Utah reaches New Year’s with one of its lowest snowpacks. Will the trend continue?

Utah's snowpack remains barely above 2018's New Year's Day record low level, but experts are hopeful for more snow and above-normal precipitation possible in January.
7 months ago
FILE - Pages from the U.S. Affordable Care Act health insurance website healthcare.gov are seen on ...
Ali Swenson, Associated Press

Health subsidies expire, launching millions of Americans into 2026 with steep insurance hikes

The arrival of the New Year's Day deadline with no fix from Congress cemented higher health costs for millions of Americans,
7 months ago