Utah & U.S. Business & Finance News

Warsh takes the Fed's helm as inflation climbs, consumer sentiment dives

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Utah economic picture 'mixed' with frustrating realities for job seekers, consumers

Utah economic picture 'mixed' with frustrating realities for job seekers, consumers

Logan Stefanich, KSL  |  Posted May 22 - 12:40 p.m.  |  Save Story

While Utah's economy is generally performing better than the U.S. as a whole, consumers and job seekers are feeling the squeeze when it comes to buying and hiring in Utah.
Red Iguana restaurant expands to dining hub outside Salt Lake Bees stadium

Red Iguana restaurant expands to dining hub outside Salt Lake Bees stadium

Tim Vandenack, KSL  |  Posted May 22 - 12:10 p.m.  |  Save Story

Red Iguana, the popular Salt Lake Mexican restaurant, has expanded to the dining hub around the Salt Lake Bees Stadium in South Jordan.
Single-family housing starts tumble in April

Single-family housing starts tumble in April

Reuters  |  Updated May 22 - 8:49 a.m.  |  Save Story

Single-family homebuilding dropped sharply in April and permits for future construction fell, suggesting ​the housing market could remain subdued for a while.
Memorial Day weekend travel could create delays of up to 90 minutes in Utah

Memorial Day weekend travel could create delays of up to 90 minutes in Utah

Carter Williams, KSL  |  Posted May 22 - 7:33 a.m.  |  Save Story

National and state transportation officials don't expect gas prices this Memorial Day weekend to dissuade the unofficial start of summer travel. That could lead to delays on some Utah roads.
Utah Gov. pushes back on federal red tape slowing energy projects

Utah Gov. pushes back on federal red tape slowing energy projects

Eva Terry , Deseret News  |  Posted May 21 - 8:03 p.m.  |  Save Story

The Utah and Wyoming governors critiqued the federal permitting system for increasing costs, slowing infrastructure development and discouraging investment.
The most powerful rocket ever built is now even bigger and more powerful. But will it work?

The most powerful rocket ever built is now even bigger and more powerful. But will it work?

Jackie Wattles, CNN  |  Updated May 21 - 2:00 p.m.  |  Save Story

After a seven-month hiatus, SpaceX is set to launch a new, more powerful version of its Starship megarocket — reigniting a make-or-break testing campaign.
Jobless aid filings fell to 209,000 last week as layoffs remain low despite economic uncertainty

Jobless aid filings fell to 209,000 last week as layoffs remain low despite economic uncertainty

Matt Ott, Associated Press  |  Updated May 21 - 8:30 a.m.  |  Save Story

Fewer Americans filed for jobless aid last week as layoffs remain low despite a number of uncertainties that continue to cloud the economy.
Data center proponent steps back from China charges, puts focus on funding of critics

Data center proponent steps back from China charges, puts focus on funding of critics

Tim Vandenack, KSL  |  Posted May 21 - 8:05 a.m.  |  Save Story

A key businessmen behind the Box Elder County data center proposal is stepping back from charges foes are linked to China and instead focusing on their funding sources.
Putin and Xi hail their friendship and growing energy trade at their meeting in Beijing

Putin and Xi hail their friendship and growing energy trade at their meeting in Beijing

E. Eduardo Castillo And Simina Mistreanu, Associated Press  |  Updated May 21 - 7:15 a.m.  |  Save Story

Chinese leader Xi Jinping and Russian President Vladimir Putin have hailed their strategic ties and energy trade during a meeting in Beijing Wednesday.
Planning a summer trip? Get ready to shell out more money

Planning a summer trip? Get ready to shell out more money

Art Raymond, Deseret News  |  Posted May 21 - 6:15 a.m.  |  Save Story

Just as a record number of travelers get set to hit the road this Memorial Day weekend, U.S. gas prices are heading north again.
Bound for Mars, Elon Musk's SpaceX unveils filing for blockbuster IPO

Bound for Mars, Elon Musk's SpaceX unveils filing for blockbuster IPO

Echo Wang and Manya Saini, Reuters  |  Updated May 20 - 9:36 p.m.  |  Save Story

SpaceX took the wraps off its IPO filing on Wednesday, opening the books of the company that has already revolutionized rocket technology, now with even larger ambitions.
Hyundai to recall over 54,000 vehicles in US over fire risk, officials say

Hyundai to recall over 54,000 vehicles in US over fire risk, officials say

Reuters  |  Updated May 20 - 6:02 p.m.  |  Save Story

Hyundai Motor is recalling ​54,337 vehicles in the U.S. over a ‌fire risk linked to the overheating ⁠of the hybrid ​power control ⁠unit, the U.S. National ‌Highway Traffic ‌Safety Administration said on Wednesday.
Experts worry state regulations won't do enough to protect public from data center pollution

Experts worry state regulations won't do enough to protect public from data center pollution

Mike Anderson, KSL  |  Posted May 20 - 3:04 p.m.  |  Save Story

The possibility of a hyperscale data center in Box Elder County could still be much further from reality than many people realize.
Graduates are booing pep talks on AI at college commencements

Graduates are booing pep talks on AI at college commencements

Heather Hollingsworth and Jocelyn Gecker, Associated Press  |  Updated May 20 - 2:00 p.m.  |  Save Story

As artificial intelligence casts a shadow over career prospects, it is becoming an unwelcome subject at this season's college commencements.
Melaleuca convention draws thousands as the company celebrates 41 years of growth

Melaleuca convention draws thousands as the company celebrates 41 years of growth

Nate Eaton, EastIdahoNews.com  |  Posted May 20 - 11:30 a.m.  |  Save Story

Thousands of people from across the country and around the world attended Melaleuca's annual convention in Salt Lake City over the weekend.
Phone return fraud: Scammers are tricking Utahns into shipping them 'free' iPhones

Phone return fraud: Scammers are tricking Utahns into shipping them 'free' iPhones

Matt Gephardt and Sloan Schrage, KSL  |  Posted May 20 - 9:30 a.m.  |  Save Story

Imagine getting billed month after month for a phone you never wanted and that you thought you had already sent back to the carrier. That's the situation Terry Caselli faces.
Tan France has put his $7.5M Salt Lake 'dream house' up for sale

Tan France has put his $7.5M Salt Lake 'dream house' up for sale

Carter Williams, KSL  |  Updated May 19 - 11:05 p.m.  |  Save Story

One of Salt Lake City's more recognizable residents has put his home up for sale and plans to move out of the state.
Lettuce introduce you to the live frog found in this grocery store salad bag

Lettuce introduce you to the live frog found in this grocery store salad bag

Associated Press  |  Updated May 19 - 10:08 p.m.  |  Save Story

Australian farmer Rhys Smoker found a live frog in a bag of lettuce while making a salad on Saturday, and they decided to have a bit of fun with it before releasing it into the wild.
'It's happening:' West Jordan is the latest Utah city confirmed to get a Trader Joe's

'It's happening:' West Jordan is the latest Utah city confirmed to get a Trader Joe's

Curtis Booker, KSL  |  Posted May 19 - 8:35 p.m.  |  Save Story

West Jordan leaders are celebrating the announcement of an upcoming Trader Joe's location in the city expected to open later this year.