Business & Economy

Most Utah cattle farmers have been praying for a good winter and they are getting exactly that. How...
Alex Cabrero

Utah cattle ranchers losing calves to winter conditions

Utah cattle ranchers report 10-to-20 percent of their calves have died this winter, a percentage roughly 3 times higher than past years.
3 years ago
salt lake city skyline pictured, the city is looking at letting apartments have ADU's...
Adam Small

Talks on more tiny apartments continue in Salt Lake City, council expected to vote soon

Accessory Dwelling Units, or ADUs, are basically tiny apartments attached to or built next to a private residential home.
3 years ago
FILE - A hiring sign is in front of a Target store in Manchester, Conn., Nov. 39, 2021. (AP Photo/T...
MATT OTT AP Business Writer

US jobless claims inch down as labor market remains tight

Jobless claims in the U.S. for the week ending March 18 fell by 1,000 to 191,000 from the previous week, the Labor Department said Thursday.
3 years ago
FILE: The Utah attorney general’s office at the Capitol in Salt Lake City on Friday, Jan. 27, 202...
Lindsay Aerts

Utah AG claims ESG or ‘climate investing’ contributed to SVB collapse

The AG's office believes Silicon Valley Bank, SVB, made "speculative sustainability investments," involving ESG in the solar industry.
3 years ago
FILE: U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a...
Nicole Goodkind, CNN

The Fed lifts rates by a quarter point as banking turmoil complicates inflation fight

Originally Published: 22 MAR 23 06:37 ET Updated: 22 MAR 23 14:00 ET       (CNN) — The Federal Reserve raised interest rates by a quarter point on Wednesday as it attempts to fight stubbornly high inflation while addressing risks to financial stability. Investors and economists had widely anticipated the quarter-point increase — or even a pause — amid the […]
3 years ago
vivint center with all-start weekend design is shown, black Utah businesses got good traffic over a...
Adam Small

Black-owned businesses look to further their reach following All-Star weekend

Black businesses in Utah will be featured every weekend in April. The goal is to get people familiar with their community and local businesses.
3 years ago
One of Dunkin's most recognizable drinks has disappeared. The Dunkaccino has quietly been pulled fr...
Jordan Valinsky, CNN

Twenty years later, Dunkin’ is retiring the fan-favorite Dunkaccino

Dunkin' didn't specify why the drink is no more, but fast food chains regularly change their menus and eliminate underperforming items.
3 years ago
Associated Press

Parent of Silicon Valley Bank seeks bankruptcy protection

SVB Financial Group is no longer affiliated with Silicon Valley Bank after its seizure by the Federal Deposit Insurance Corp.
3 years ago
Utah Gov. Spencer Cox and state leaders were apparently preparing to be the backstop for short-term...
Curt Gresseth

Our Banks, Our Savings: Top consumer takeaways with a financial expert

A financial expert joins the show to talk about the financial takeaways you could have learned after the collapse of two US banks.
3 years ago
Utah Gov. Spencer Cox and state leaders were apparently preparing to be the backstop for short-term...
Lindsay Aerts

Utah considered acting as backstop to Zions Bank emergency loans after SVB collapse

The loan program was being created just days before Zions Bank would face public worries over a potential credit rating downgrade.
3 years ago
View over a hill in Moab, Utah. Approximately 3,700 residents are without power in Moab. The power ...
Carter Williams

Moab takes ‘a big step’ with launch of its 1st transit service

The pilot program features both fixed-route service and on-demand microtransit service within a defined service area.
3 years ago
The failure of Silicon Valley Bank put increased scrutiny on the long-struggling Credit Suisse. Pho...
Allison Morrow, CNN

Why banking fears just came roaring back

   (CNN) — Credit Suisse, the giant, 167-year-old European bank, was teetering on the brink of failure Wednesday, stoking anxieties about the health of the global financial system. (And frankly giving markets reporters whiplash as sentiment went from “holy-crap-sell” on Monday, to “everyone chill” on Tuesday, and back to freakout mode by Wednesday…) After the bank’s […]
3 years ago
a line forms at silicon valley bank, which brought a banking crisis days earlier...
Sam Herrera

Banking crisis leaves Utah company with lessons learned

The ongoing banking crisis left local seed fund company Kickstart scrambling to find ways to help the many companies it serves.
3 years ago
Zions Bancorporation CEO and Chairman, Harris Simmons, said Zions Bancorporation has tens of billio...
Simone Seikaly

Despite chance for credit downgrade, Zions Bancorporation CEO is sleeping well

The chairman and CEO of Zions Bancorporation said that he is confident in the bank's stability and noted key differences between Zions Bank and SVB.
3 years ago
Adam Small

Amid bank collapses, expert says retirement fund security remains stable

A retirement fund works much differently than the deposits that the Silicon Valley Bank collapse affected, according to a certified financial planner.
3 years ago
Hundreds of flights were canceled in the United States on March 14 and 1,700 more delayed as a wint...
Marnie Hunter, CNN

More than 1,100 flights canceled as winter storm moves into Northeast

 (CNN) — More than a thousand flights were canceled in the United States on Tuesday and thousands more delayed as a winter storm bringing heavy snow, winds and coastal flooding moved into the Northeast. As of 7 p.m. ET, almost 1,150 flights within, into or out of the United States had been canceled, according to flight tracking […]
3 years ago
You may soon be able to get from Provo to Ogden on Frontrunner, faster. Specifically, the federal g...
Lindsay Aerts

FrontRunner may get federal money for more double tracking

Frontrunner expansion and a mid-valley bus rapid transit are projects included in President Biden's newly proposed budget.
3 years ago
As Utah leaders work to accommodate a population boom, some cities are considering Housing and Tran...
Adam Small

Housing and Transit Reinvestment Zones, solution for growing Utah?

Housing and Transit Reinvestment Zones are already allowed in Utah, but they require large commitments to affordable housing.
3 years ago
Nationally the gender pay gap is about $.82 on the dollar, according to a Pew Research Center analy...
Simone Seikaly and Lindsay Aerts

March 14 is Equal Pay Day. What does that mean?

Equal Pay Day symbolizes how many more months a woman must work to earn the same amount as a man earns in 12 months.
3 years ago
FILE - The Twitter splash page is seen on a digital device, Monday, April 25, 2022, in San Diego. (...
Jennifer Korn

SVB collapse was driven by ‘the first Twitter fueled bank run’

In the day leading up to the bank's collapse, multiple prominent venture capitalists used Twitter to raise alarms about the situation.
3 years ago
Catherine Thorbecke, CNN

Facebook-parent Meta plans to lay off another 10,000 employees

In a Facebook post Tuesday, CEO Mark Zuckerberg said the job cuts will take place "over the next couple of months."
3 years ago
Residents of the Ballpark neighborhood met with Mayor Erin Mendenhall and other community leaders M...
Mark Jackson

Mayor Mendenhall, Ballpark neighbors meet to discuss life after baseball

The Ballpark neighborhood community is coming together to decide its future after learning the Salt Lake Bees will move.
3 years ago
AURORA, COLORADO - MARCH 1: A display of wine is set up in front of the meat and fish department at...
Alicia Wallace, CNN

Inflation fell for the eighth-straight month in February

The closely watched gauge of inflation, released Tuesday morning, showed that annual price increases continued to slow in February.
3 years ago
More than $10 billion in losses from online scams were reported to the FBI in 2022, the highest ann...
Sean Lyngaas and Hannah Rabinowitz, CNN

FBI says $10 billion lost to online fraud in 2022 as crypto investment scams surged

The report can help US lawmakers see how hacking and other schemes are costing the American economy.
3 years ago