Utah & U.S. Business & Finance News
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A $1 million Picasso is due to be sold for just $116
Jake McGowan, CNN | Posted April 11 - 10:32 a.m. | Save Story
For the price of a dinner in Paris, somebody will soon walk away with a Picasso valued at more than $1 million.
Judge bars Arizona from regulating prediction market operators and pauses prosecution of Kalshi
The Associated Press | Posted April 11 - 9:02 a.m. | Save Story
A federal judge on Friday temporarily barred Arizona from enforcing its gambling laws against predictive market operators and put the brakes on a criminal wagering case that the state has filed against Kalshi.
Buyers fret as the average cost of a new car nears $50K
Alexa St. John, Associated Press | Posted April 11 - 8:45 a.m. | Save Story
After a few years of sharing a 2019 Chevrolet Trax, Dana Eble and Tyler Marcus are finally looking for a second car. But as they jump into the market, the young married couple isn't sure what they can afford.
Tribal gas stations offer a reprieve from high prices during Iran war
Mead Gruver, Associated Press | Posted April 11 - 8:03 a.m. | Save Story
Deals on gas are to be found at many of the almost 500 tribally owned convenience stores with gas stations across the U.S.
These people with Utah ties made Forbes' list of greatest self-made Americans
Dennis Romboy, Deseret News | Posted April 11 - 7:15 a.m. | Save Story
This year, Forbes magazine assembled a list of the 250 greatest living self-made Americans in honor of the country's semiquincentennial, and some of them have Utah ties.
Record surge in gasoline prices fuels consumer inflation in March
Lucia Mutikani, Reuters | Posted April 10 - 10:28 a.m. | Save Story
Consumer prices increased by the most in nearly four years in March as the war with Iran led to a record surge in the cost of gasoline and diesel.
Did mortgage rates just drop after climbing for 5 weeks?
Lisa Riley Roche, Deseret News | Posted April 10 - 9:35 a.m. | Save Story
Mortgage rates are heading down again as the Federal Home Loan Mortgage Corporation reported a 0.09% drop to 6.37% on Thursday, but experts say the reprieve might not last.
Salt Lake County's other airport is set to expand with new operator
Carter Williams, KSL | Posted April 9 - 7:11 p.m. | Save Story
Salt Lake County's other airport is poised to receive a major makeover with the help of a private aviation company that already has a growing presence in the state.
US Postal Service seeks to hike stamp prices to 82 cents
David Shepardson, Reuters | Updated April 9 - 6:35 p.m. | Save Story
The cash-strapped U.S. Postal Service said on Thursday it wants to raise the price of first-class mail stamps to 82 cents from 78 cents effective July 12.
American Airlines, Alaska Air hike checked baggage fees amid soaring fuel prices
Aishwarya Jain and Megavarshini G. Somasundaram, Reuters | Updated April 9 - 3:42 p.m. | Save Story
American Airlines and Alaska Air said on Thursday they are hiking checked baggage fees, as carriers seek to pass on soaring jet fuel costs linked to the war in the Middle East.
Financing secured for 94-acre industrial development in Salt Lake's Northwest Quadrant
Logan Stefanich, KSL | Posted April 9 - 12:45 p.m. | Save Story
Development of Salt Lake City's Northwest Quadrant took another step forward Tuesday when a commercial real estate company announced it secured financing for Northpoint Innovation Park.
PETA charges that horses in races at Ogden track have been drugged, abused
Tim Vandenack, KSL | Posted April 9 - 10:05 a.m. | Save Story
PETA, the animal rights group, charges that horses competing in races at the Golden Spike Event Center in Ogden have been illegally drugged and abused.
US weekly jobless claims rise, but remain at low levels
Reuters | Updated April 9 - 9:20 a.m. | Save Story
New applications for U.S. unemployment benefits increased moderately last week, showing no signs of labor market deterioration.
Key inflation gauge remains elevated in February before Iran war
Christopher Rugaber, Associated Press | Posted April 9 - 8:03 a.m. | Save Story
A key measure of inflation stayed high in February, before the war in Iran spiked gas prices, a sign that everyday costs were elevated even before the conflict began.
Utah releases January employment data following government shutdown-caused delays
Logan Stefanich, KSL | Posted April 8 - 4:01 p.m. | Save Story
After a multiple-month delay caused by last year's federal government shutdown, the Utah Department of Workforce Services on Wednesday released January employment data for the Beehive State.
Salt Lake City rejects rezone for controversial 7-story hotel next to Sugar House Park
Carter Williams, KSL | Updated April 7 - 10:14 p.m. | Save Story
The future of a parcel of land next to Sugar House Park is no closer to being any clearer since a Sizzler restaurant closed there six years ago.
Travelers will face limits on how many chargers they can carry as airlines try to reduce fire risks
Josh Funk, Associated Press | Posted April 7 - 9:37 p.m. | Save Story
Travelers will soon face restrictions on how many portable chargers they can carry on a flight as airlines continue to try to reduce the risk of another lithium battery fire aboard their jets.
Ford recalls over 420,000 vehicles in US over windshield wiper failure
Reuters | Updated April 7 - 4:34 p.m. | Save Story
Ford Motor is recalling 422,613 vehicles in the U.S. over a failure of the windshield wiper, the National Highway Traffic Safety Administration said on Tuesday.
