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Utah & U.S. Business & Finance News
Most Recent
For GLP-1 users, the in-store clothes shopping trip is back
Danielle Kaye, Reuters | Posted Aug. 2 - 5:33 p.m. | Save Story
Nora Nye, 58, is refreshing her wardrobe as she sizes down for the first time in over three decades after losing 80 pounds on weight-loss drug Mounjaro. Earlier this year, the Denver bankruptcy lawyer walked into a Macy's and found herself overwhelmed.
Utah mill breaks ground on rare earth mineral processing plant
Kevin Lind, Deseret News | Posted Aug. 2 - 3:03 p.m. | Save Story
The White Mesa Mill in San Juan County, Utah, broke ground this week on an expansion that will bring its rare earth element processing capabilities to a commercial scale.
'Spider-Man: Brand New Day' nets second best North American opening ever with $355 million
Lindsey Bahr, Associated Press | Posted Aug. 2 - 1:01 p.m. | Save Story
"Spider-Man: Brand New Day" has made box office history in its first weekend, becoming the second-biggest North American opening ever with $355 million in ticket sales.
Will mortgage rates keep going up?
Lisa Riley Roche, Deseret News | Posted Aug. 2 - 7:15 a.m. | Save Story
Mortgage rates may keep rising, even though the Federal Reserve made no changes at its July meeting.
Before Silicon Slopes, there was WordPerfect. New show details company that changed Utah
John Clyde for KSL | Posted Aug. 1 - 9:00 p.m. | Save Story
According to the father-son filmmaking team behind a new documentary, "IN THE BEGINNING/Master," the story of WordPerfect is really the story of modern Utah.
'Enhance the lives of every Utahn': Cox launches $5M AI research funding program
Logan Stefanich, KSL | Posted Aug. 1 - 12:04 p.m. | Save Story
Gov. Spencer Cox on Thursday launched a $5 million competitive grant program to fund artificial intelligence research that improves the lives of Utahns.
New York sues prediction market platform Kalshi alleging 'illegal gambling operation'
Dave Collins, Associated Press | Posted July 31 - 10:02 p.m. | Save Story
New York officials sued prediction market platform Kalshi for potentially billions of dollars on Friday, calling it an "illegal, unlicensed gambling operation" that includes sports wagering as the state seeks to halt its operations and force the company to forfeit its profits.
Viral squishy toy craze fuels demand, but safety concerns have parents asking questions
Annette Campbell, KSL | Posted July 31 - 9:32 p.m. | Save Story
As squishy toys surge in popularity among children, experts urge parents to prioritize product safety and reputable retailers over brand names or viral trends.
Teens learn about EV innovation, building electric vehicles at high-tech camp
Mike Anderson, KSL | Posted July 31 - 8:01 p.m. | Save Story
Utah State University's specialized lab in electric vehicle innovation is helping inspire possible future leaders in the field.
Utah Youth Sports Giving Day to help nonprofits remove barriers to youth sports
Alex Cabrero, KSL | Posted July 31 - 7:42 p.m. | Save Story
A Utah nonprofit is using skateboarding to teach children resilience and mental health skills while joining a statewide fundraising effort to expand access to youth sports programs.
Pending home sales down in the US, Utah
Lisa Riley Roche, Deseret News | Posted July 31 - 7:34 p.m. | Save Story
Pending home sales in the U.S. are down, recently hitting the lowest level since early April.
Why Americans are leasing fewer cars
Kalea Hall, Reuters | Updated July 31 - 10:02 a.m. | Save Story
Vehicle leasing has declined in the United States in recent years, curbing what has long been a preferred route to new wheels for many car shoppers.
A discarded SpaceX rocket is on a high-speed collision course with the moon
Marcia Dunn, Associated Press | Posted July 31 - 7:45 a.m. | Save Story
A drifting SpaceX rocket is on a collision course with the moon after launching a pair of lunar landers more than a year ago.
Consumers, AI spending likely supported US economic growth in the second quarter
Lucia Mutikani, Reuters | Posted July 30 - 9:32 p.m. | Save Story
The U.S. economy likely maintained a steady pace of growth in the second quarter, supported by stronger consumer spending and business investment in equipment tied to the buildout of AI infrastructure.
Utah joins lawsuit against Hims and Hers alleging unauthorized subscriptions, data sharing
Logan Stefanich, KSL | Posted July 30 - 6:04 p.m. | Save Story
Utah on Wednesday joined California and the Federal Trade Commission in a lawsuit against Hims and Hers, accusing the telehealth company of charging customers for subscriptions they never purchased and sharing private health data with advertisers without consent.
Salt Lake Parade of Homes celebrates historic 80th anniversary as nation's first
Aleigha Marie McDonough, KSL | Posted July 30 - 3:35 p.m. | Save Story
The Salt Lake Parade of Homes is marking its 80th anniversary with 30 featured homes.
China warns of retaliation if US sticks with robot ban
Liz Lee, Reuters | Updated July 30 - 1:22 p.m. | Save Story
China will "resolutely retaliate" if the U.S. insists on acting unilaterally over an import ban on new Chinese robots and power inverters, the commerce ministry said on Thursday.
EU lays out $11.4 billion for 7 AI gigafactories as it aims to catch up with US and China
Sam Mcneil, Associated Press | Posted July 30 - 7:31 a.m. | Save Story
The European Union is offering $11.4 billion in funding for firms to erect seven AI gigafactories as it seeks to close the AI gap with U.S. and China, the 27-nation bloc's executive said on Thursday.
