Business & Economy

salt lake city skyline pictured, the city is looking at letting apartments have ADU's...
Adam Small

Salt Lake City scores high in new financial health report

Salt Lake City's good financial health can be chalked up to its low employment rate and the city's tax environment. But it still has room for improvement.
4 years ago
Gas prices in Utah are almost a whole dollar more on average compared to Colorado....
Matt Egan, CNN Business

Gas prices haven’t been this low since July 2021

The national average for regular gasoline dropped to $3.14 a gallon on Monday. Gas prices haven't been this low since July 2021.
4 years ago
FILE - A sign at Twitter headquarters is shown in San Francisco, Thursday, Dec. 8, 2022. Twitter ha...
Brian Fung, CNN

Elon Musk says Twitter will ban some links to other social media sites, sparking backlash

Originally Published: 18 DEC 22 15:16 ET Updated: 18 DEC 22 20:11 ET     (CNN) — Twitter said Sunday it would ban links to other social media services and suspend accounts that try to direct users to alternative platforms, in an apparent attempt to stem user defections to competitors. But Twitter CEO Elon Musk later relented, […]
4 years ago
great salt lake shore -- Multiple agencies overseeing the Great Salt Lake want any mineral-extracti...
Aimee Cobabe

Much-needed money on the way to help save the Great Salt Lake

Utah will be receiving money in the sum of $10 million to help in saving the Great Salt Lake.
4 years ago
degrees...
Elizabeth Weiler

Four-year degrees will no longer be required for state jobs

SALT LAKE CITY — Higher education is not a one-size fits all solution for hopes of getting a great career. Gov. Cox and the state of Utah are now doing away with a four-year degree requirement for state jobs.  “Far too often degrees have become blanketed barriers to entry to too many jobs,” said Gov. […]
4 years ago
The Big O Doughnut shop has announced its last day, Jan. 15, 2023. Photo credit: The Big O Doughnut...
Chris Jacobs

The Big O Doughnut Shop announces final day

Due to rising costs, The Big O Doughnut shop has announced its last day, Jan. 15, 2023.
4 years ago
Sen. Lee text messages...
Mark Jones

Sen. Lee proposes his own short-term spending bill

Utah's Sen. Lee has proposed his own spending bill to be extended out until the new House takes office.
4 years ago
Equality Act...
The Associated Press

Senate sends Biden bill to keep government open through Dec. 23

The Senate passed a bill Thursday night that will fund the government for one more week before a break for the holidays and a new Congress takes office.
4 years ago
HB221 Stipends for Future Educators offers money for full-time students to use during their semeste...
Devin Oldroyd

Gov. Cox’s 2024 budget proposal includes raise for teachers, UEA grateful

Utah teachers could get a $6,000 raise in 2024 if Gov. Cox's proposed 2024 budget is approved. UEA President Renée Pinkney applauds Cox's support.
4 years ago
While small businesses across the nation are struggling, one industry is doing well in Utah: craft ...
Chris Jacobs

Utah distillery business booming despite small business hurdles

Having a distillery in Utah might not sound very intuitive considering the state's liquor laws, but several distilleries have found success.
4 years ago
Tom Brady, Madonna, Gwyneth Paltrow and baseball Hall-of-Famer David Ortiz are just some of the big...
Jennifer Korn

Why Tom Brady, David Ortiz, Jimmy Fallon and others are getting sued over crypto

The lawsuits allege that these public figures did not properly disclose their own involvement with digital financial institutions.
4 years ago
The the entrance to the Utah Supreme Court at the Matheson Courthouse in Salt Lake City is pictured...
Aimee Cobabe

Salary increases for judges being considered by state leaders

Utah judges could be receiving a 10% salary increase. The bump in pay is to help create more interest in judgeships, according to the Deseret News.
4 years ago
the Fed...
CHRISTOPHER RUGABER AP Economics Writer

Fed raises key rate by half-point and signals more to come

But the Fed announced a smaller hike than it had in its past four meetings at a time when inflation shows signs of easing.
4 years ago
Salt Lake City Mayor Erin Mendenhall has asked the owners of four vacant buildings in the Ballpark ...
Simone Seikaly

SLC Mayor issues ultimatum to owners of buildings on Major Street

After years of imposed fines, and multiple fires, Mayor Erin Mendenhall said four buildings on Major Street have to go.
4 years ago
package theft christmas...
Parija Kavilanz, CNN

Hey procrastinators: here are your holiday shipping deadlines

Another reminder: Christmas Day falls on a Sunday this year, which means virtually no overnight delivery.
4 years ago
two people are pictured volunteering at the utah food bank...
Lindsay Aerts

Inflation hitting Utah Food Bank patrons and donors

Food and financial donations to the Utah Food Bank are looking different this year thanks to inflation. The pantry is also seeing an increase in need.
4 years ago
WASHINGTON DC, USA - MARCH 21: Jerome Powell, Chairman of the U.S. Federal Reserve, attends the Nat...
Nicole Goodkind, CNN

What to expect from the Fed meeting

Although that increase would be smaller than the three-quarter-point hikes announced at the past four Fed meetings, it's nothing to scoff at.
4 years ago
Utah capitol is picture. Leaders reacted to a leaked abortion opinion...
Aimee Cobabe

Developers unveil first stage of The Point to state leaders

State leaders seem happy with the unveiling of the first stage of development at The Point, located at the site of the old state prison.
4 years ago
Spencer Cox pictured, he'll holding a Latino town hall on Oct. 24...
Allessandra Harris

Gov. Cox announces state will loosen hiring requirements

The state of Utah will loosen hiring requirements, Gov. Spencer Cox announced on Tuesday. Only in certain jobs, will a four-year degree be required.
4 years ago
At least two small businesses in Salt Lake City are closing their doors, while another has set up a...
Chris Jacobs

Small businesses closing in Salt Lake, another opens a GoFundMe

Small businesses Brownies Brownies Brownies and The Big O Doughnuts have both announced they’ll be closing their doors.
4 years ago
tuition...
Britt Johnson

Citing inflation, Utah governor indicates tuition freeze is coming

Utah Higher Education Commissioner Dave Woolstenhulme said the freeze is good news for those who've been contemplating a college education.
4 years ago
FILE: Dale and Vicki Hoskins shop at Reams in Sandy on Friday, July 9, 2021.  (Jeffrey D. Allred /D...
Alicia Wallace, CNN

Inflation cooled more than expected in November

November's rate, which landed below economists' expectations of 7.3%, was the lowest since December 2021. 
4 years ago
MIDVALE, UT - SEPTEMBER 10: A pharmacy technician grabs a bottle of drugs off a shelve at the centr...
Brenda Goodman, CNN

Empty pharmacy shelves shine a light on vulnerabilities in US drug supplies

At any time, the reasons why shelves may be empty vary from place to place and from drug to drug. Each shortage has its own particular factors.
4 years ago