'Kind of crazy': Mortgage rates soar, hurting housing affordability

The cost of homebuying is going up as mortgage rates have hit their highest level in several years.

Amazon seeks to offload $8 billion of Nvidia chips to investors, FT reports

Amazon is seeking to offload about $8 billion of ​advanced Nvidia chips to investors through a new vehicle to strengthen its balance ‌sheet, the Financial Times reported on Friday, citing people familiar ⁠with the matter.

'More than just a fabric shop:' Granny's Fabric House provides a quilting community for everyone

Granny's Fabric House in Rexburg is a creative destination for quilters and sewists, offering quality fabrics and crafting supplies.

Moderna to replace Warner Bros Discovery  on Nasdaq 100

Nasdaq said on ​Thursday that vaccine maker Moderna will ‌replace Warner Bros. Discovery ⁠on the ​Nasdaq 100 ⁠index, effective October ‌9.

Comcast's NBCUniversal cuts streaming technology jobs

Comcast's NBCUniversal is cutting ​jobs in its global streaming technology organization, the owner of ‌the Fast & Furious and Jurassic Park ⁠franchises said on ​Thursday.

Nucleus Institute breaks ground on Utah headquarters, innovation campus at The Point

Utah leaders broke ground Wednesday on Convergence Point, an innovation campus that will serve as the permanent home of the Nucleus Institute.

Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop

Nike is deepening its restructuring under CEO Elliott Hill as its woes in China intensify, announcing a plan to cut more jobs and shake up its global business divisions after the ​sportswear giant projected a surprisingly steep drop in full-year revenue.

Utah senator proposes bills on data center transparency

Sen. John Curtis is joining with a Democrat from Delaware to introduce a pair of bills aiming to increase the transparency of large data centers and give communities more information about potential impacts of their development.

Mattel attracts takeover interest from Authentic Brands Group, source says

Mattel has been approached by Authentic Brands Group for a takeover that could value ​the Barbie maker at around $6 billion or more, a source familiar with the matter told Reuters on Thursday.

Americans are using buy now, pay later more than ever. Here's what to know if you're one of them

Americans spent more than $160 billion last year using buy now, pay later plans, according to research published by Federal Reserve economists.

After 111 years, San Juan Record prints its final edition, but local journalism continues online

For 111 years, the news of San Juan County has arrived on paper. This week, that tradition comes to an end.

GM's third-quarter US sales fall

​General Motors reported a ‌drop in ⁠third-quarter ​US ⁠sales ‌on Thursday, ‌as high ⁠gasoline ⁠prices weigh on demand for new vehicles.

'Data Center Revolt' tour stops in Brigham City, stressing importance of public involvement

Participants in the nationwide Data Center Revolt tour stopped in Utah, stressing the importance of public involvement in data center planning and AI expansion.

Bridgewater's flagship macro fund posts double-digit gains this year, sources say

Bridgewater Associates' flagship Pure Alpha macro fund climbed 18.4% in the first nine months of the year, people familiar with the ​matter told Reuters, after braving a volatile market backdrop during the quarter and a big selloff in artificial intelligence stocks in July.

Progressive Plants: Utah's 100-acre nursery grows plants for the local landscape

Nestled in the foothills of the dusty, barren Oquirrh Mountains is a world of color — acres and acres of it. It's the home of Progressive Plants, a nursery filled with everything a landscaper or homeowner could want.

Keith McMullin, former CEO of Deseret Management, dies at age 85

Keith B. McMullin, formerly of the Presiding Bishopric of The Church of Jesus Christ of Latter-day Saints and CEO and president of Deseret Management Corporation, died Wednesday.

JPMorgan dealmaker Hernan Cristerna to retire at end of 2026

JPMorgan dealmaker Hernan Cristerna ​is retiring from banking after 30 years at the firm, a spokesperson ‌said on Thursday, confirming a memo seen by Reuters.

Senate unveils bipartisan deal tackling energy and data centers — but wind and solar questions remain

A bipartisan group of senators released the permitting reform deal aimed at expediting the approval of certain projects and lowering energy costs, reviving hope that a national framework could be approved.

Unemployment claims dip to 197,000, lowest since mid-July

The number of people applying for unemployment benefits dipped last week to the lowest level since mid-July as layoffs remain low and most American workers enjoy job security.

Box Elder County data center plans quietly edging ahead though debate has died down

The controversial Box Elder County data center plans, at the center of three lawsuits, are quietly edging ahead though the loud debate on the issue has died down.

Exclusive-Broadcom to lend Anthropic up to $42 billion to lease its chips, filing says

Anthropic's IPO prospectus documents extensive partnerships with a handful of big tech firms. ​One stands out: chip maker Broadcom.

Analysis-Investors wary of slowdown in US corporate profit boom

A massive year for corporate profit growth is driving US stock market gains, but investors' hesitancy that the good times will roll on without a hitch is seeping into equity valuations.

Bond selloff could mean outsized portfolio changes at quarter's end 

(Corrects JP Morgan to JP Morgan Asset Management in paragraph 3)

Nuveen completes Schroders takeover to create $2.6 trillion investment group

U.S. asset ​manager Nuveen said on Thursday it ‌had completed its acquisition ⁠of ​British fund ⁠manager Schroders, ‌creating a ‌combined company with ⁠over $2.6 ⁠trillion in assets under management and a presence across more than 40 ‌markets.

Tesla September registrations rise across Europe, extending recovery

Registrations of new Tesla cars rose across several European markets in September, extending ​a rebound in the US electric vehicle maker's regional sales.