TikTok deal put on hold after China objects over tariffs, sources say

A deal to spin off the U.S. assets of TikTok was put on hold after China indicated it would not approve the deal following President Donald Trump's tariffs announcement this week, according to two sources familiar with the matter.

Marathon Senate session under way over Trump's sweeping tax, budget steps

The Senate began an overnight "vote-a-rama" marathon on Friday aimed at eventually handing President Donald Trump legislation to extend tax cuts and achieve budget reductions in the face of Democratic opposition.

IRS starts laying off 20,000 workers, eliminates civil rights office

The U.S. Internal Revenue Service began making sweeping cuts to its workforce on Friday, and among the first to go will be employees of its civil rights office.

Microsoft employees protest at 50th anniversary party over Israel contract

A pro-Palestinian protest by Microsoft employees interrupted the company's 50th anniversary celebration Friday, the latest backlash over the tech industry's work to supply artificial intelligence technology to the Israeli military.

Utah signs off on $1.8B for downtown development zone after big last-second changes

A state committee has agreed on a $1.8 billion "reinvestment zone" where major downtown Salt Lake City changes will take place, but a last-second change caused a stir on Friday.

Salt Lake police to partner with downtown bars, restaurants to help prevent sexual abuse

A new collaboration between Salt Lake police and downtown bars and restaurants is aimed at trying to recognize signs of possible sexual abuse and how to intervene.

He wrote the book on social media and kids. Here's what he said about Utah's online laws

Utah Gov. Spencer Cox and several lawmakers celebrated a handful of bills addressing cellphone use in schools, app store age verification and digital privacy.

Trump extends TikTok-sale deadline by 75 days, vows to work with China

President Donald Trump on Friday extended by 75 days a deadline for Chinese technology company ByteDance to sell U.S. assets of popular short video app TikTok to a non-Chinese buyer or face a ban that was supposed to have taken effect in January under a 2024 law.

China hits back at US tariffs with export controls on key rare earths

China placed export restrictions on rare earth elements on Friday as part of its sweeping response to U.S. President Donald Trump's tariffs, squeezing supply to the West of minerals used to make weapons, electronics and a range of consumer goods.

Labor market shows resilience before trade tensions escalation

The U.S. economy added far more jobs than expected in March, but sweeping import tariffs could test the resilience in the months ahead. Nonfarm payrolls increased by 228,000 jobs, and the unemployment rate increased to 4.2% last month.

Stocks slump again after China fires back in trade war with tariffs on US goods

Global stock markets plummeted further on Friday after China said it would strike back at U.S. President Donald Trump with additional tariffs of 34% on U.S. goods, escalating a trade war that has rattled investors and fed fears of a coming recession.

How Trump's new tariffs are affecting mortgage rates

Mortgage rates have slowly been sliding downward since reaching above 7% in January, but will President Donald Trump's sweeping new tariffs reverse that trend?