Business
STAN CHOE and ALEX VEIGA
A bear market is hitting Wall Street. Here’s what that means
A bear market is a term used by Wall Street when a market index has fallen 20% or more from a recent high.2 days ago
Samantha Herrera
Utah unemployment rate hits new low at 1.9%
The Utah unemployment rate hit a new low, according to the Utah Department of Workforce Services. The national unemployment rate remains at 3.6%.2 days ago
Mark Jones
SLC International Airport to add another international nonstop flight
A new nonstop international flight between Salt Lake City and Frankfurt, Germany will begin Monday, May 23.4 days ago
DAVID KOENIG and DEE-ANN DURBIN AP Business Writers
De-Arching: McDonald’s to sell Russia business, exit country
McDonald's said it's the first time the company has ever "de-arched," or exited a major market. It plans to start removing golden arches and other symbols and signs with the company's name.5 days ago
Aimee Cobabe
Wholesale inflation impacting businesses all across Utah
In one example of wholesale inflation hikes in Utah, the owners of South Salt Lake's Left Fork Grill say they have to keep updating their menus because of rising prices.10 days ago
Waverly Golden
Three Utah groups receive nearly $6 million for environmental cleanup
The EPA has announced three Utah organizations that will receive nearly $6 million in funding to advance environmental cleanup.10 days ago
Aimee Cobabe and Samantha Herrera
Utah-based company under fire by FTC for “made in the USA” claims
The Utah-based company "Lions Not Sheep" signed a settlement over a Federal Trade Commission complaint against the company's labelling.10 days ago
CHRISTOPHER RUGABER AP Economics Writer
US inflation hit 8.3% last month but slows from 40-year high
Consumer prices jumped 8.3% last month from 12 months earlier, the Labor Department said Wednesday. That was below the 8.5% year-over-year surge in March, which was the highest rate since 1981.11 days ago
Marc Giauque
Lifeguard shortage could limit pool hours, delay openings
A lifeguard shortage could mean shorter hours this summer at Salt Lake County indoor and outdoor pools.12 days ago
HALELUYA HADERO AP Business Writer
Amazon fires 2 union organizers tied to first U.S. labor win
In a letter sent on May 4, Amazon told the union organizer he was fired for "voluntary resignation due to job abandonment."12 days ago
Mark Jones
Allegiant Air announces four new nonstop routes from Provo City Airport
Allegiant Air announced four new nonstop routes out of Provo City Airport on Friday. The routes include Las Vegas, San Diego, Portland and Sanford/Orlando.16 days ago
Martha Harris
A second Utah Starbucks announces plans to attempt to unionize
Starbucks employees at 400 E. and 400 S. in Salt Lake City, Utah, told the Starbucks CEO they'd like to unionize for better wages and healthcare.20 days ago
Mark Jones
Wasatch Front’s most expensive areas include Huntsville, Alpine, Draper
The Salt Lake Board of Realtors reports the Wasatch Front's most expensive areas are near outdoor recreation sites.23 days ago
The Associated Press
Delta to begin paying flight attendants during boarding
Delta Air Lines will begin paying flight attendants during the passenger boarding process.25 days ago
Clare Duffy, CNN Business
Elon Musk to buy Twitter in $44 billion deal
The deal, which was unanimously approved by Twitter's board, is expected to close this year. It comes after Musk revealed last week he had lined up $46.5 billion in financing to acquire the company.27 days ago
The Associated Press
Reports: Twitter in talks with Musk over bid to buy platform
Twitter and Musk negotiated into the early hours over his bid to buy the platform, The New York Times reported, less than two weeks after the billionaire first revealed a massive stake.27 days ago
Aimee Cobabe
Goldman Sachs warns of potential recession in the next two years
Goldman Sachs predicts there’s a 35 percent chance we’ll have a recession in the next 2 years.1 month ago
Dan Bammes
BLM plans to sell new oil and gas leases after moratorium
This is the first time the Biden administration has allowed oil and gas lease sales since it took office.1 month ago
Curt Gresseth
Why does my cheeseburger cost so much? Most ingredients touched by inflation.
A reporter joined the show and walked us through the reasons that popular cheeseburger ingredients have jumped in price since March of 2021.1 month ago
Devin Oldroyd
Ogden man sentenced to federal prison for failure to pay the IRS
The IRS said Daniel Fry, 46, owned and ran four now-closed healthcare-related businesses in the Ogden area.1 month ago
Simone Seikaly
Utah unemployment falls again, rests at 2% for March 2022
Officials say that the Utah unemployment rate mirrors job growth in the state, and the only one jobs sector has remained stagnant.1 month ago
Samantha Herrera
Google brought billions of economic activity to Utah
The tech company brought over $9 billion in economic activity to the state in 2021. Almost 200,000 local companies used Google's many services.1 month ago
Dan Bammes
Cutoff of Russian oil impacts Utah, but solutions aren’t simple
The cutoff of the Russian oil supply is greatly affecting Utah. Solutions are being examined, but they are proving to be difficult.1 month ago
Mark Jones
Eight of the 10 Sorenson employees injured in Texas accident are out of hospital
Eight of the 10 employees of Sorenson, a Salt Lake City-based company, were released from the hospital Monday after being injured in an accident Friday in Texas.1 month ago
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