Utah & U.S. Business & Finance News
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Railway, resource expansion bound for Uintah County projected to inject $87M in local economy
Logan Stefanich, KSL | Posted Jan. 13 - 1:30 p.m. | Save Story
Railroad and natural resource expansion look imminent for Utah, as the state last week awarded Integrated Rail and Resources with a post-performance tax credit reduction.
Nurses strike enters second day at major New York City hospitals
The Associated Press | Posted Jan. 13 - 9:48 a.m. | Save Story
Thousands of New York City nurses returned to the picket lines Tuesday as their strike targeting some of the city's leading hospital systems entered its second day.
US consumer prices increase as expected in December
Lucia Mutikani, Reuters | Updated Jan. 13 - 8:20 a.m. | Save Story
U.S. consumer prices increased in December as the distortions related to the government shutdown that had artificially lowered inflation in November unwound.
Autism advocates celebrate release of 'magical' first-ever Barbie on the spectrum
Jacqueline Howard, CNN | Updated Jan. 12 - 7:59 p.m. | Save Story
Mattel, Inc. launched the first Barbie doll with autism on Monday.
Trump administration probe of Fed's Powell draws pushback
Howard Schneider and Ann Saphir, Reuters | Updated Jan. 12 - 4:30 p.m. | Save Story
The Trump administration's opening of a criminal probe of Fed Chair Jerome Powell drew fire from the Fed chief, who called the move a "pretext" to win influence over interest rates.
Don't like ski boots that hurt? Neither does Bob Shay
Lee Benson, Deseret News | Posted Jan. 12 - 11:55 a.m. | Save Story
At 68, Bob Shay's as addicted to skiing as he ever was, and better yet, it's part of his job description to pay regular visits to many of the world's most iconic ski mountains.
Thousands of nurses go on strike at several major New York City hospitals
Associated Press | Posted Jan. 12 - 11:33 a.m. | Save Story
Thousands of nurses in three hospital systems in New York City went on strike Monday after negotiations through the weekend failed to yield breakthroughs in their contract disputes.
UK investigates Musk's X over Grok deepfake concerns
Sam Tabahriti and Paul Sandle, Reuters | Posted Jan. 12 - 9:06 a.m. | Save Story
Britain's media regulator launched an investigation into Elon Musk's X on Monday to determine whether sexually intimate deepfakes produced by its Grok AI chatbot violated its duty to protect people in the UK from content that could be illegal.
Fed's Powell says administration threatened him with criminal indictment over Senate testimony
Howard Schneider and Ann Saphir, Reuters | Updated Jan. 11 - 9:04 p.m. | Save Story
Federal Reserve Chair Jerome Powell said on Sunday the Trump administration had threatened him with a criminal indictment and served grand jury subpoenas over congressional testimony he gave last summer.
Holiday spending set records despite consumer pessimism
Art Raymond, Deseret News | Posted Jan. 11 - 8:34 p.m. | Save Story
In the face of an economy beset by persistent inflation and skyrocketing housing costs, a majority of Americans told pollsters that fiscal concerns would lead to tighter spending budgets at the start of the 2025 winter holiday shopping season.
Concerns rise over possible damage to graves during Salt Lake City Cemetery roadwork
Garna Mejia, KSL | Posted Jan. 11 - 6:30 p.m. | Save Story
A $14.5 million roadway improvement project at the Salt Lake City Cemetery is prompting concern from residents who fear construction equipment may be damaging historic gravesites and burial grounds.
Google teams up with Walmart and other retailers to enable shopping within Gemini AI chatbot
Anne D'innocenzio, Associated Press | Updated Jan. 11 - 2:00 p.m. | Save Story
Google said Sunday that it is expanding the shopping features in its AI chatbot by teaming up with Walmart, Shopify, Wayfair and other big retailers to turn the Gemini app into a virtual merchant as well as an assistant.
Sluggish hiring closes out a frustrating year for job seekers though unemployment slips to 4.4%
Christopher Rugaber, Associated Press | Posted Jan. 11 - 10:27 a.m. | Save Story
Sluggish hiring last month closed out a year of weak employment gains that have frustrated job seekers even as layoffs and unemployment have also been low.
FCC approves SpaceX plan to deploy an additional 7,500 Starlink satellites
David Shepardson, Reuters | Updated Jan. 10 - 9:43 p.m. | Save Story
The FCC said on Friday it has approved SpaceX's request to deploy another 7,500 second-generation Starlink satellites as it works to boost internet service worldwide.
How BYU phenom AJ Dybantsa fits into the church's long love affair with basketball
Lee Benson, Deseret News | Posted Jan. 10 - 7:05 p.m. | Save Story
His story is well known even among people who don't watch "SportsCenter." Because it isn't every day the top recruit in the country chooses BYU over basketball elites like North Carolina and Kansas.
Trump moves to block courts from seizing Venezuelan oil revenue in US accounts
Ernest Scheyder, Reuters | Posted Jan. 10 - 4:37 p.m. | Save Story
President Donald Trump signed an executive order aimed at blocking courts or creditors from impounding revenue tied to the sale of Venezuelan oil held in Treasury accounts, the White House said on Saturday.
Housing-linked stocks rally on Trump's $200 billion mortgage bond-buy order
Manya Saini, Reuters | Updated Jan. 10 - 9:32 a.m. | Save Story
U.S. mortgage lenders and housing stocks rose on Friday, a day after President Donald Trump said he is ordering his representatives to buy $200 billion in mortgage bonds to bring down housing costs.
Jewelry maker Pandora hit by weak US holiday shopping
Anna Ringstrom and Helen Reid, Reuters | Updated Jan. 10 - 8:24 a.m. | Save Story
Pandora warned of weaker 2025 sales growth on Friday, sending the Danish jewelry brand's shares down 10%, after U.S. shoppers bought fewer charm bracelets and necklaces than expected in the key holiday season.
