Latest Stories
College students will soon be paying a bit more at Utah's public higher education institutions
Jason Swensen, Deseret News | Posted April 6 - 8:14 a.m.
Utah college students are feeling inflation's pinch whenever they go to the movies, pick up lunch, buy sneakers, pay for car insurance — and enroll in class. And it's getting tighter.
Fed holds rates steady, sticks with single rate cut in 2026 despite higher inflation
Howard Schneider, Reuters | Posted March 18 - 12:22 p.m.
The Federal Reserve held interest rates steady on Wednesday and projected higher inflation, steady unemployment and only a single rate cut for the year.
USU food pantry outgrows space as demand grows
Mike Anderson, KSL | Posted March 17 - 4:01 p.m.
As demand rises, the food pantry at Utah State University, known as The Student Nutrition Access Center, or SNAC, has quickly outgrown its space, according to managers.
US economy expanded at sluggish 0.7% in fourth quarter, downgrading first estimate
Paul Wiseman, Associated Press | Posted March 13 - 10:36 a.m.
The U.S. economy, hobbled by last fall's 43-day government shutdown, advanced at an unexpectedly sluggish 0.7% annual rate from October through December, the Commerce Department reported.
US consumer prices increase moderately before Iran conflict
Lucia Mutikani, Reuters | Posted March 11 - 10:00 a.m.
U.S. consumer prices rose moderately in February as rents maintained a steady pace of increases, though households paid more for gasoline and at the supermarket.
Utah gas prices jump 19 cents amid global tensions
Brenna Donnelly, KSL | Posted March 3 - 10:31 p.m.
Gas prices increased in Utah this week for two reasons, including escalating instability in the Middle East.
Economy, inflation top voter concerns in Utah and nationwide ahead of midterm elections
Cami Mondeaux, Deseret News | Posted Feb. 28 - 7:10 a.m.
Affordability has emerged as the top issue for voters heading into the midterm elections, both in Utah and on the national level, according to the most recent polling for the Deseret News.
Will state taxes gleaned from alcohol sales help pay for school meals for more Utah kids?
Jason Swensen, Deseret News | Posted Feb. 13 - 6:13 a.m.
One of the Legislature's ranking Democrats wants more Utah kids to enjoy a healthy school lunch with funds supplemented by the state's liquor tax revenue.
Riverton Music to close location over tariff, inflation concerns
Andrew Adams, KSL | Posted Feb. 4 - 4:02 p.m.
Riverton Music's owner said on Tuesday that tariff-related costs and supply issues as well as inflationary costs led to the decision to close the West Jordan location.
The biggest financial concern for Utahns may surprise you
Art Raymond, Deseret News | Posted Feb. 4 - 8:05 a.m.
A new statewide survey not only revealed deep concerns among Utahns when it comes to the state of the economy and inflation, but also identified their biggest single worry — groceries.
Where is Utah's economy headed? Here's what state leaders had to say
Art Raymond, Deseret News | Posted Jan. 24 - 12:04 p.m.
Utah's economy continued to outpace most of the rest of the country in 2025 despite persistent problems, and state leaders weighed in on it at a summit in Salt Lake City on Friday.
US consumer prices increase as expected in December
Lucia Mutikani, Reuters | Posted Jan. 13 - 8:20 a.m.
U.S. consumer prices increased in December as the distortions related to the government shutdown that had artificially lowered inflation in November unwound.
US annual consumer prices increase less than expected in November
Lucia Mutikani, Reuters | Posted Dec. 18 - 7:58 a.m.
U.S. consumer prices increased less than expected in the year to November, but the moderation is likely technical and Americans continued to face affordability challenges that have been partly blamed on tariffs on imports.
Trump defends economic record at Pennsylvania rally amid frustration over rising prices
Nandita Bose and Jarrett Renshaw, Reuters | Posted Dec. 10 - 9:06 a.m.
President Donald Trump tried to reassure Americans that the economy was healthy at a campaign-style rally on Tuesday as Republicans brace for a tough fight to hold control of Congress in next year's midterm elections.
Financial strain: Inflation and job market challenges hit home
Art Raymond, Deseret News | Posted Nov. 3 - 12:00 p.m.
A growing number of Utahns are facing mounting financial challenges thanks to a convergence of issues that include persistent inflation, a weakening U.S. jobs market and more.
Fed lowers rates, but Powell suggests move may be the last of 2025
Howard Schneider, Reuters | Posted Oct. 29 - 6:02 p.m.
A policy divide and a lack of data may put another rate cut out of reach this year, Federal Reserve Chair Jerome Powell said on Wednesday, after interest rates were lowered again.
Consumer inflation cools in September; shutdown threatens next report
Lucia Mutikani, Reuters | Posted Oct. 24 - 4:01 p.m.
U.S. consumer prices increased slightly less than expected in September as a surge in the cost of gasoline was partially offset by a sharp moderation in rents, keeping the Federal Reserve on track to cut interest rates again next week.
Walmart cuts Thanksgiving meal price to $4 per person
Reuters | Posted Oct. 21 - 9:50 p.m.
Walmart on Tuesday unveiled its 2025 Thanksgiving meal basket priced at under $4 per person, the lowest since the retailer launched the program in 2022, as shoppers contend with persistent inflation and wider economic uncertainty.
Here's why property taxes are on the rise in Utah
Brigham Tomco, Deseret News | Posted Oct. 20 - 7:00 p.m.
A Utah legislative audit report found that a "perfect storm" has led to an increase in property taxes for homeowners as Utah continues to have a higher overall tax rate than most Republican-led states.
Trump slaps steep tariffs on drugs, heavy trucks and furniture
David Shepardson and David Lawder, Reuters | Posted Sept. 26 - 9:08 p.m.
President Donald Trump on Thursday unveiled sweeping new import tariffs that start next week, rattling global markets on Friday with fresh uncertainty after a quiet last few months.
What does the Fed's decision to cut interest rates mean for mortgages?
Lisa Riley Roche, Deseret News | Posted Sept. 17 - 10:20 p.m.
Mortgage rates just hit a three-year low, but it's not yet clear whether that decline will continue after the Federal Reserve's benchmark interest rate was cut by a quarter percentage point on Wednesday.
Fed lowers interest rates, signals more cuts ahead; Miran dissents
Howard Schneider and Ann Saphir, Reuters | Posted Sept. 17 - 9:26 p.m.
The Federal Reserve reduced interest rates by 0.25 percentage point Wednesday for the first time since December, while indicating more cuts would follow in coming months.
How families can save money this back-to-school season
Gordon Ebanks, CNN | Posted Aug. 26 - 7:33 p.m.
With back-to-school season in full swing, families across the country are continuing to feel the sting of high prices.
McDonald's is cutting prices of combo meals to convince customers it's affordable again
Jordan Valinsky, CNN | Posted Aug. 20 - 9:48 a.m.
McDonald's is slashing the prices of its combo meals just a few weeks after the CEO publicly admitted that its menu has gotten too expensive and pledged to fix the problem.
