Browse by Day Archive

Samsung launches slimmest smartphone as races against rival Apple

05/12/2025 9:43pm
Samsung Electronics made public on Tuesday its slimmest flagship model to date, complete with enhanced artificial intelligence features, as it seeks to get ahead of rival Apple in the premium market.

McDonald's plans to hire 375K workers this summer

05/12/2025 9:39pm
McDonald's said Monday it plans to hire up to 375,000 U.S. restaurant employees this summer, its biggest hiring push in years.

Amazon signs up FedEx for residential deliveries

05/12/2025 7:33pm
Amazon has hired FedEx to handle some of its large package deliveries, the companies said on Monday, weeks after UPS said it was halting its less-profitable deliveries for the e-commerce retailer.

US budget surplus surges to $258B in April, year-to-date deficit tops $1T

05/12/2025 2:30pm
The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, the Treasury Department said on Monday.

Republicans float new tax breaks for tips, local taxes in Trump budget package

05/12/2025 2:06pm
Republicans in the U.S. Congress proposed new tax breaks for tipped income, overtime pay, private school tuition, seniors, and state and local taxes on Monday as they fleshed out a sweeping budget package that would also cut taxes and tighten healthcare benefits for the poor.

Trump calls for broad drug price cuts in executive order, wants at least 59% drop

05/12/2025 8:58am
President Donald Trump signed a wide-reaching executive order on Monday directing drugmakers to lower the prices of their medicines to align with what other countries pay that analysts and legal experts said would be difficult to implement.

House Republicans look to rollback energy tax credits benefiting Utah businesses, municipalities

05/12/2025 8:05am
As members of the House Ways and Means committee start to nail down their tax package, energy tax credits that provide relief to Utah business owners and municipalities are at risk.

Apple considers raising iPhone prices, WSJ reports

05/12/2025 7:46am
Apple is weighing price hikes for its upcoming fall iPhone lineup but is keen to avoid linking any increases to U.S. tariffs on imports from China, where most of its devices are assembled, the Wall Street Journal reported on Monday.

US and China reach deal to temporarily slash tariffs, easing slump fears

05/12/2025 7:19am
The United States and China have agreed to temporarily slash reciprocal tariffs in a deal that surpassed expectations as the world's two biggest economies seek to end a damaging trade war that has stoked fears of recession and roiled financial markets.

Strong wind gusts cause damage on Mother's Day

05/12/2025 3:34am
Grantsville — Gusty winds blew across northern Utah on Sunday, causing damage in some communities. The American Red