Utah & U.S. Business & Finance News
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Wall St rebounds as oil drops despite Middle East tensions
Niket Nishant and Utkarsh Hathi, Reuters | Updated May 5 - 11:00 a.m. | Save Story
Wall Street's main indexes recovered on Tuesday as oil prices fell despite renewed Middle East tensions that threatened to upend a fragile truce after the U.S. and Iran exchanged fire in the Gulf.
Here's what families in Utah and nationwide say about slumping US economy
Art Raymond, Deseret News | Posted May 5 - 10:10 a.m. | Save Story
New poll finds households in Utah and across the country united in their concern over how economic fallout from the Iran War is challenging their financial well-being.
Your 2026 Cinco de Mayo food deal guide
Emma Neff, Deseret News | Posted May 5 - 9:50 a.m. | Save Story
Cinco de Mayo, which is Spanish for May 5, commemorates the Mexican victory over the French at the Battle of Puebla. In 2026, Cinco de Mayo lines up with Taco Tuesday for a few extra promotions.
Doris Fisher, Gap co-founder who helped reshape US casual style, dies at 94
Anne D'innocenzio, Associated Press | Updated May 5 - 7:15 a.m. | Save Story
Doris Fisher, who co-founded the iconic clothing chain The Gap Inc. in 1969 with her late husband Don, has died. She was 94.
Box Elder County commissioners OK controversial data center proposal
Tim Vandenack, KSL | Updated May 4 - 7:02 p.m. | Save Story
Box Elder County commissioners approved a controversial data center proposal at a special meeting that drew hundreds of opponents of the proposal.
Salt Lake City International Airport to raise parking fees as it sorts out next budget
Carter Williams, KSL | Posted May 4 - 5:00 p.m. | Save Story
It will soon cost a little more to park at Utah's largest airport.
It's game over for Quarters' Sugar House location amid construction, rising rent
Logan Stefanich, KSL | Posted May 4 - 4:35 p.m. | Save Story
The popular Quarters Arcade Bar is shuttering its Sugar House location, the business announced in an Instagram post Saturday.
GameStop makes unsolicited offer to buy eBay for about $56B, WSJ reports
Reuters | Updated May 4 - 12:56 p.m. | Save Story
GameStop has made an unsolicited offer to acquire U.S. online marketplace eBay Inc for about $56 billion, the Wall Street Journal reported on Sunday.
Spirit says most customers refunded, staff returned after shutdown
Doyinsola Oladipo and Sabrina Valle, Reuters | Updated May 4 - 11:05 a.m. | Save Story
Spirit Airlines said on Sunday it had almost completed refunding passengers and returning its crew to their home bases following its decision to cease operations over the weekend.
Key to national security or an environmental threat? Data center debate coming to a head
Tim Vandenack and Mike Anderson, KSL | Posted May 3 - 10:30 p.m. | Save Story
The debate about a proposed data center in Box Elder County comes to a head Monday, when county leaders are to take action on whether the proposal moves forward.
University of Utah ranked top 5 among public schools for entrepreneurship opportunities
Logan Stefanich, KSL | Posted May 3 - 6:35 p.m. | Save Story
The University of Utah's David Eccles School of Business ranked 10th in the 2026 U.S. News and World Report MBA rankings for entrepreneurship.
Local businesses Salsa Queen, Kiitos Brewing file for bankruptcy
Logan Stefanich, KSL | Posted May 3 - 3:00 p.m. | Save Story
Local businesses Salsa Queen and Kiitos Brewing both filed for bankruptcy over the last several months.
Yemen introduced the world to coffee. Now, its coffeehouse culture is booming in the US
Dee-ann Durbin and Haven Daley, Associated Press | Posted May 3 - 9:52 a.m. | Save Story
Hundreds of years ago, Yemen helped introduce the world to coffee. Lately, the mountainous, war-ravaged country that borders Saudi Arabia and Oman is exporting something else: its coffee culture.
How a weaker dollar is quietly making life more expensive
Matt Sedensky, Associated Press | Posted May 3 - 9:45 a.m. | Save Story
The U.S. dollar has dropped about 10% against a basket of other major currencies since early 2025.
How a Utah company is helping America keep pace in today's global military 'drone race'
Jason Swensen, Deseret News | Posted May 2 - 7:04 p.m. | Save Story
The minute-to-minute headlines from combat hot spots such as Ukraine and the Persian Gulf echo an emerging combat reality: Drones are changing the very character of war.
Spirit Airlines shuts down as company says it can't keep up with higher oil prices
Aamer Madhani, Rio Yamat, Jeff Amy and Mike Catalini, Associated Press | Updated May 2 - 5:00 p.m. | Save Story
Spirit Airlines, an impish upstart that shook the industry with its irreverent ads and deep discount fares, announced Saturday that it has gone out of business after 34 years.
Meta faces New Mexico trial that could force changes to Facebook, other platforms
Diana Novak Jones, Reuters | Updated May 2 - 12:57 p.m. | Save Story
A trial beginning in New Mexico on Monday could prompt a judge to order sweeping changes to how Facebook, Instagram and WhatsApp operate - a move Meta Platforms has warned could force it to withdraw from the state.
The devil wears Old Navy? Inside Hollywood's favorite movie marketing blitz
Alli Rosenbloom, CNN | Updated May 2 - 10:40 a.m. | Save Story
What would Miranda Priestly say about being associated with a pair of drug store nail clippers?
Shop geared towards neurodivergent community opens in Idaho Falls
Cody Roberts, EastIdahoNews.com | Posted May 2 - 9:21 a.m. | Save Story
Wandermind, a retail shop and community space that caters to neurodivergent individuals, hosted its grand opening in Idaho Falls Saturday.
