White House expects Fed to weigh larger rate cut after disappointing jobs data

The White House expects the Federal Reserve to at least consider a possible larger rate cut when it meets later this month after last month's job data showed a "disappointing" labor market, President Donald Trump's economic adviser said on Friday.

Tesla offers mammoth $1 trillion pay package to Musk, sets lofty targets

Tesla's board has proposed a $1 trillion compensation plan for CEO Elon Musk in what would be the largest corporate pay package in history, underscoring the hold Musk has over the carmaker as it attempts to transform into an AI and robotics powerhouse.

Immigration agents arrest hundreds in raid at Georgia Hyundai plant

Hundreds of workers at a Hyundai Motor car battery facility under construction in Georgia were detained in a major raid by U.S. authorities late on Thursday, stopping work on a plant that is one of the Korean automaker's major investments in the U.S.

Assistance fund for employees impacted by Main Street fire hits goal; owners share what's next

Nearly a month after fires closed four of Salt Lake's most popular bars and restaurants, the Downtown Alliance's Main Street Fire Employee Assistance Fund raised $494,000 for the 160 employees who lost their jobs.

US job growth weakened sharply in August; unemployment rate rises to 4.3%

U.S. job growth weakened sharply in August while the unemployment rate increased to 4.3%, confirming that labor market conditions were softening and sealing the case for an interest rate cut from the Federal Reserve this month.

Trump administration drops Biden plan to require airlines to pay compensation for disrupted flights

President Donald Trump's administration said it will drop a plan by his predecessor to require airlines to pay passengers cash compensation when flight disruptions are caused by carriers.