Business + Economy

quit their jobs...
PAUL WISEMAN AP Economics Writer

US added a strong 517,000 jobs in January despite Fed hikes

The Fed is aiming to achieve a "soft landing" — a pullback in the economy that is just enough to tame high inflation without triggering a recession.
2 hours ago
Multiple dollar bills are pictured, social security will see a bump...
Mark Jones

Eyeing retirement: How much money is enough after you leave a job?

How do you know when it's time to leave a job or if you'll have enough for retirement? Dave and Dujanovic talk to a financial planner about this important question.
13 hours ago
interest rate...
Curt Gresseth

Interest rate ticks up. Time to tame your debt.

The chief financial analyst for Bankrate.com joins the show to talk about the rising interest rate and how you can get out from under the debt you have accumulated.
15 hours ago
The main reason small businesses fail in America is that the business owner doesn't have access to ...
Simone Seikaly

Lack of access stands between Black-owned businesses and success

But lack of access to money isn't the only thing that hinders Black-owned business in Utah and across the nation.
2 days ago
Mr. Murphy, a basset posing as a bee, leans in to get a sniff of 5-year-old Alex Schilling during t...
Elizabeth Weiler

Humane Society of Utah says shelters are full, adoptions are needed

The Humane Society of Utah says their shelters are filling up, especially with large breed dogs and puppies.
2 days ago
The Federal Reserve unanimously approved a quarter-point interest rate hike Wednesday, slowing the ...
Nicole Goodkind, CNN

Fed approves small rate hike, nodding to improved inflation outlook

The decision comes after months of large rate increases intended to cool the economy and marks a return to a more traditional interest-rate policy.
2 days ago
Powerade is hoping that a revamped recipe and new look will help finally unseat Gatorade from the t...
Danielle Wiener-Bronner, CNN

Is that Gatorade? Or Powerade? It may soon be hard to tell.

Powerade is hoping that a revamped recipe and new look will help finally unseat Gatorade from the top spot in the sports drink arena.
2 days ago
FILE -- This Nov. 15, 2020 photo shows a long row of unsold used Highlander sports-utility vehicles...
Britt Johnson

Used car prices dropping but supply still low

The prices of used cars are starting to fall in Utah, however, dealers are seeing a very low supply of used cars.
3 days ago
Homes line the horizon in Daybreak in South Jordan on Wednesday, July 13, 2022. The world's populat...
Allessandra Harris

South Jordan could see new housing development

Amid Utah's housing crisis, developers are taking advantage of over 200,000 acres in South Jordan for a new housing community.
4 days ago
A hiring sign is displayed in the window of a Panera Bread store in Pittsburgh on Monday, Jan. 23, ...
Paul R. La Monica, CNN

Jobs report to give further clues about where economy is headed

Economists predict that 185,000 jobs were added last month, a slowdown from the gain of 223,000 jobs in December and 263,000 in November.
5 days ago
File**People walk past the entrance to a Bed Bath & Beyond retail store along Sixth Avenue in N...
Paul R. La Monica and Nathaniel Meyersohn, CNN

Bed Bath & Beyond says it can no longer pay its debts

The end could be near for struggling retailer Bed Bath & Beyond, as it warned in a regulatory filing Thursday that it received a notice of default from its lender, JPMorgan Chase.
7 days ago
With 24 other states on board, the Utah Attorney General announced on Friday a lawsuit against a De...
Simone Seikaly

Utah leading a lawsuit against new ESG rule affecting 401(k) plans

Utah Attorney General Sean Reyes said the states in the lawsuit are concerned about the federal government's promotion of ESG investing.
7 days ago
savings system right on the money...
Mark Jones

Economists are worried of a recession in 2023, financial expert weighs in

Many economists are fearing a recession in 2023 despite the U.S. economy ending last year better than expected.
7 days ago
A new service called Cottonwood Connect could address parking problems at the ski resorts in Big an...
Kate Davis and Simone Seikaly

Cottonwood Connect offers a new way to get up Cottonwood Canyons

The goal is to fill gaps left when UTA limited ski bus service. The shuttle will run Thursday through Sunday through mid-April.
8 days ago
The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with mom...
PAUL WISEMAN AP Economics Writer

US economy slowed but still grew at 2.9% rate last quarter

Most economists think the economy will slow further in the current quarter and slide into at least a mild recession by midyear.
8 days ago
About 87% of Tuesday's US flight cancellations are Southwest, according to flight tracking website ...
Pete Muntean and Greg Wallace, CNN

US Transportation Dept. investigating Southwest holiday travel meltdown

The US Transportation Department said it is in the early stages of an investigation into the Southwest Airlines holiday travel meltdown in December.
8 days ago
PayPal...
Curt Gresseth

Banks to launch app to compete with Apple Pay and Venmo

Banks are launching a new app for online money transfers that customers can trust to protect their finances.
9 days ago
Founded in Salt Lake City Beans & Brews Coffeehouse was recognized as a top franchise in Entreprene...
Waverly Golden

Beans & Brews Coffeehouse named a top franchise

Founded in Salt Lake City Beans & Brews Coffeehouse was recognized as a top franchise in Entrepreneur's Franchise 500 this year.
10 days ago
Most business economists expect their companies to cut payrolls in the coming months. Photo credit:...
Matt Egan, CNN

More layoffs are on the way, survey of business economists finds

 (CNN) — For the first time since the early days of the pandemic, most business economists expect their companies to cut payrolls in the coming months, according to a new survey released Monday. Just 12% of economists surveyed by the National Association for Business Economics (NABE) anticipate employment will increase at their firms over the next […]
10 days ago
egg cartons are pictured in a store fridge, there is currently an egg shortage...
Mark Jones

Smuggling eggs: What people will do these days to get eggs

ABC News correspondent Alex Stone tells KSL NewsRadio that he has heard reports of the smuggling of eggs into the country by citizens who live near the Mexico border.
13 days ago
Utah's monthly unemployment report for December was released Friday morning, and according to the D...
Simone Seikaly

December jobs numbers wrap up ‘strong economic year’ in Utah

In Utah, seasonally adjusted unemployment remains at 2.2%, and nearly 39,000 Utahns are unemployed. Nationally, the December unemployment rate lowered to 3.5%.
14 days ago
A new report shows that Utah businesses are losing over $1 billion a year because employees have to...
Samantha Herrera

Utah businesses lose billions annually because of childcare issues

The report found that a big part of those losses comes from employee absences and turnover.
15 days ago
The countdown toward a possible U.S. government default is in the offing — with frictions between...
JOSH BOAK Associated Press

US Treasury buys time for Biden and GOP on debt limit deal

Friction between President Joe Biden and House Republicans are raising alarms about whether the U.S. can sidestep a potential economic crisis.
15 days ago
Microsoft is cutting 10,000 workers, almost 5% of its workforce, in response to "macroeconomic cond...
MATT O'BRIEN, Associated Press

Job cuts in tech sector spread, Microsoft lays off 10,000

Microsoft said in a regulatory filing Wednesday that had just notified employees of the layoffs, some of which begin immediately.
16 days ago

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