Business + Economy

utah employment...
Alejandro Lucero

Annual Golden Key Awards presented to local businesses

Golden Key Awards recognize the people and businesses who believe in Utahns with disabilities, said a press release. Nine businesses were recognized today.
5 hours ago
A group breaks ground on the Best Friends housing project in Kanab....
Britt Johnson

Best Friends Animal Society building housing for employees in Kanab

Best Friends Animal Society houses its headquarters and sanctuary in Kanab, Utah -- along with about half of its employees.
6 hours ago
The Vivint Arena in Salt Lake City is pictured on Tuesday, May 24, 2022. (Kristin Murphy, Deseret N...
Lindsay Aerts

Silicon Summit announces statewide expansion

Silicon Summit will announce their plans for expansion. Starting next year, the two-day summit will be held over one week.
14 hours ago
kia markups...
Peter Valdes-Dapena, CNN Business

Kia, once the ‘value’ brand, now has the biggest price markups

On average, Kia cars and SUVs are selling for about 6% over their sticker price, according to data from Edmunds.com.
2 days ago
intermountain healthcare...
Mark Jones

Name change coming to Intermountain Healthcare next year

In 2023, Intermountain Healthcare will change its name to Intermountain Health.
2 days ago
Inland Port Authority Plan...
Becky Bruce

The plan to build an inland port/commerce hub is on hold

The announcement comes about a week after a state audit suggested that the Utah Inland Port Authority needs a master plan.
2 days ago
Office space may look more like this work from home setup in the future in Utah...
Adam Small

Working from home associated with increase in housing prices, study finds

One reason for the increase could be the extra space needed as our homes became our offices when working from home.
2 days ago
Intermountain milestone 1 million tests...
Mark Jones

Intermountain Healthcare purchases land near Ephraim

Intermountain Healthcare has plans to develop 35 acres of land in the Ephraim area into a new hospital.
3 days ago
On Monday, David Rice was named president and CEO of Associated Food Stores. Photo credit: Associat...
Mark Jones

Associated Food Stores name David Rice as its new CEO/President

On Monday, Associated Food Stores named David Rice as its new CEO and president.
3 days ago
Draper City is suing, Geneva Rock, a mining company at the Point of the Mountain. The city is conce...
Jessica Lowell & Allie Litzinger

Draper City suing Geneva Rock, the mining company at Point of the Mountain

Draper City is suing, Geneva Rock, a mining company at the Point of the Mountain over concerns about what the company's mining activity will do to the area.
3 days ago
Apartments for rent in Sugar House on Wednesday, July 13, 2022. (Jeffrey D. Allred, Deseret News)...
Kate Davis, Amie Schaeffer

Utah rental prices continue to soar

The cost of renting has skyrocketed in Utah. The price to rent in the state increased more in the past two years more over the two last years than they did in the decade prior.
4 days ago
home prices salt lake city buy home prices 2020 millennials...
Kate Davis

Home prices in Salt Lake City harbinger of a national trend?

A report from Zillow shows that home values in Salt Lake City fell more than 7% from May to August 2022.
6 days ago
Mandatory Vehicle Safety Inspections...
Jessica Lowell

Extending the life of your car: Getting more miles out of your vehicle

New and used vehicles have a hefty price tag. There are many ways car owners can keep their cars running longer.
7 days ago
Multiple credit cards...
Martha C. White, CNN

America’s dependence on credit cards is growing. The Fed’s rate hike will make it more painful

Data from Bank of America reflects higher rates of borrowing among lower income Americans. Credit utilization, a ratio of how much available credit a person has used as a percentage of their credit limit, has been rising since early 2021.
7 days ago
Ford just unveiled a new Mustang coupe that, notably, is not electric or even hybrid. The new two-d...
Peter Valdes-Dapena, CNN Business

Ford: Gas cars are a growth business for us

Gas cars aren't dying, according to an executive at Ford. In fact, they are "booming" the executive says.
8 days ago
A sale sign stands outside a home in Wyndmoor, Pa., Wednesday, June 22, 2022. If you’re settling ...
Anna Bahney, CNN Business

Home sales dropped 20% in August from a year ago

For the seventh month in a row, home sales have declined.
8 days ago
FILE: U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a...
Nicole Goodkind, CNN Business

Fed raises interest rates by three-quarters of a percentage point

The Federal Reserve made history Wednesday, approving a third consecutive 75-basis-point hike in an aggressive move to tackle inflation.
8 days ago
BYU study COVID money...
Elizabeth Weiler

Utah’s young adults being launched into the world of financial responsibility

Because young adults are rarely in personal high-income situations, they are categorized as low-income, making them at higher risk for credit card debt. 
8 days ago
Wall street sign pictured. Interest rate hike will affect wall street...
Chris jacobs

Interest rate hike could threaten the economy, according to local economist

We’ve already had one interest rate hike and inflation is still here and the Fed is hoping round two will go better.
9 days ago
FedEx recession...
Chris Isidore, CNN Business

FedEx warns of global recession, cutting sales forecast by half a billion

FedEx is responding by reducing flights, temporarily parking aircraft, trimming hours for its staff, and closing 90 FedEx Office locations.
13 days ago
FILE - A hiring sign is in front of a Target store in Manchester, Conn., Nov. 39, 2021. (AP Photo/T...
Amie Schaeffer

August unemployment rate holds at 2%

The unemployment rate for Utah remained at 2% adding over 54,000 jobs this past year.
14 days ago
powell plane crash...
Lindsay Aerts

A pipeline from Lake Powell to Washington County is taking shape

Utah is moving forward with the Lake Powell Pipeline, but opponents say it's too costly and that Utah doesn't have the right to divert the water.
14 days ago
Amazon email...
Catherine Thorbecke, CNN Business

You could soon receive even more emails after shopping on Amazon

Amazon has announced that US merchants will be able to send free marketing email to reach some of Amazon's existing customers.
14 days ago
Turkey and cattle farms near Moroni, Utah. A fourth case of Avian Influenza has been confirmed in S...
Mark Jones

Officials confirm fourth case of avian influenza in Sanpete County

On Wednesday, the Utah Department of Agriculture and Food confirmed a fourth case of Highly Pathogenic Avian Influenza at a turkey farm in Sanpete County.
15 days ago

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