Business + Economy

Signs promoting a "closing sale" are posted UWM Men's Shop in downtown Salt Lake City Monday. The b...
Carter Williams, KSL.com

Salt Lake business to relocate to Murray after 119 years; building to be torn down

The business formerly kown as Utah Woolen Mills, is stated to move to Murray before the building is torn down later this year.
1 month ago
wall street and broad signs shown...
STAN CHOE AP Business Writer

Stock market today: Wall Street falls toward its worst week in months as oil jumps

The nation’s largest bank gave a forecast for a key source of income this year that fell below Wall Street’s estimate.
1 month ago
A man sits at an office computer - Companies are experimenting with a four day workweek...
CNN

4-day workweeks may be around the corner. A third of America’s companies are exploring them

Nearly one-third of large US companies are exploring new work schedule shifts such as a four-day workweek, according to a survey by KPMG.
1 month ago
President Joe Biden delivers remarks on student loan debt at Madison College on April 8 in Madison,...
Katie Lobosco, CNN

Biden to forgive $7.4 billion more in student loan debt for 277,000 borrowers

President Joe Biden announced another round of student loan forgiveness helping around 277,000 borrowers.
1 month ago
The Instagram logo is seen on a cell phone in Boston, USA, Oct. 14, 2022....
KELVIN CHAN AP Business Writer

Instagram begins blurring nudity in messages to protect teens and fight sexual extortion

Instagram says it's deploying new tools to protect young people, including a feature that will automatically blur nudity in direct messages.
1 month ago
International flights could start flying out of the Provo Airport within the next couple of years, ...
Mariah Maynes

American Airlines announces service to Provo Airport

American Airlines announced that it will begin offering nonstop service to and from Provo airport this fall. 
1 month ago
Mortgage rates soar to their highest level in 21 years...
Peter Johnston

Homebuyers pause as mortgage rates jump

Mortgage rates have jumped to their highest level since Thanksgiving. Potential homebuyers are pressing pause on applying for new home loans.
1 month ago
Members of the International Olympic Committee toured downtown Salt Lake via TRAX during their visi...
Don Brinkerhoff

Olympic committee members ride TRAX as part of Utah tour

Members of the International Olympic Committee got a tour of Salt Lake, including parts of its public transport system.
1 month ago
In this July 20, 2017, file photo, former NFL football star O.J. Simpson appears via video for his ...
Mariah Maynes

OJ Simpson dead at 76

The family of OJ Simpson announced via X that the former football player died after a battle with cancer. 
1 month ago
Rents and gas prices are keeping inflation high, leading to the Fed avoiding cutting interest rates...
CHRISTOPHER RUGABER, Associated Press

Higher gas and rents keep US inflation elevated, likely delaying Fed rate cuts

The Fed will decide whether to cut interest rates, as gas and rent remain persistently high. Other core prices are up, too.
1 month ago
Utah is ranked second for working from home in 2024, according to a new study from WalletHub....
Tammy Kikuchi

Utah ranked second for working from home new study finds

Utah is ranked second in the nation for working from home in 2024, according to a new study from WalletHub.
1 month ago
subscriptions...
Curt Gresseth

New Utah law targets auto-renewal subscriptions

A new Utah law says companies now have between 30 and 60 days to notify subscribers of their upcoming automatic renewal.
1 month ago
Evermore closes after years of financial troubles....
Derrick Jones

Evermore Park permanently closes, new attraction planned

Evermore Park has announced the closure of its operations after years of struggling to sustain its business model.
1 month ago
sports fans cheer at delta center during slc ncaa tournament...
Allessandra Harris Gurr

Local Utah businesses got a boost from RV drivers in March

RV drivers stopping in Utah used a membership company called Harvest Hosts to camp out at local businesses rather than at campsites.
1 month ago
denver airport, a southwest flight from the airport suffered a mechanical issue...
Pete Muntean and Philip Wang, CNN

Southwest Boeing 737-800 flight from Denver loses engine cover, FAA investigating

Southwest said its maintenance teams would review the aircraft. The flight reached an altitude of about 10,000 feet.
1 month ago
Hovenweep National Monument. Photo courtesy of National Park Service....
Heather Peterson

National Park Service being sued for switching to cashless entry

The National Park Service is being sued for going cashless at 30 national parks and monuments.
1 month ago
Tesla Model Y vehicles sit on the lot for sale at a Tesla car dealership in May 2023 in Austin, Tex...
Peter Valdes-Dapena, CNN

What’s wrong with Tesla?

Tesla's sales declined for the first time since the pandemic last quarter, for a number of factors both in and out of the company's control.
1 month ago
This photo provided by Consumer Product Safety Commission shows Tide Pods protects. Procter & G...
Associated Press

P&G recalls 8.2 million bags of Tide, Gain and other laundry detergents over packaging defect

Procter & Gamble is recalling bags of laundry detergent packets sold in the U.S. and Canada due to a defect in child-resistant packaging.
1 month ago
The housing market in Utah is competitive and shows minimal signs of slowing....
Aimee Cobabe

Unwelcome Home: Exploring the challenges of buying a home in Utah

The housing market in Utah remains as competitive as ever. Some people are braving it, some just can't stand it.
1 month ago
A Meta spokesperson apologized April 5 for a "security error" that mistakenly blocked links that co...
Allison Morrow, CNN

Meta is accused of censoring a non-profit newspaper and an independent journalist who criticized the company

Meta blocked a newspaper’s critical report about it on Facebook and its other social sites for hours, sparking a backlash.
1 month ago
Boeing CEO Dave Calhoun received total compensation of $32.8 million for 2023, a 60% increase from ...
Chris Isidore, CNN

Boeing CEO Dave Calhoun was paid $32.8 million in 2023

Boeing CEO Dave Calhoun received total compensation of $32.8 million for 2023, a 60% increase from the $20.5 million he received for 2022.
1 month ago
Jobs March...
Alicia Wallace, CNN

March jobs report comes in hot: The US economy added 303,000 positions last month

The March jobs report showed that the country added 303,000 jobs which was higher than economists expected.
1 month ago
A photo of a sign informing Lee's Marketplace at 4th West customer of the business's closure is pic...
Carter Williams

‘We are excited to be back’: Beloved grocery store returns to Salt Lake City

A beloved grocery store located within one of Salt Lake City's many newer mixed-used developments near downtown is set to reopen later this month after it closed a little more than a year ago.
1 month ago
Egg prices are on the rise. The average price of a dozen Grade A large eggs was $3 in February, acc...
Bryan Mena, CNN

Egg prices are rising again. An outbreak of bird flu could make things worse

Egg prices have now been steadily rising for months, and your omelette could become even more expensive as poultry farms around the country deal with an outbreak of bird flu.
2 months ago