Latest Stories

Are mortgage rates continuing to rise?
Lisa Riley Roche, Deseret News | Posted May 29 - 7:40 a.m.
Mortgage rates were up again this week and remain at the highest level in nine months, amid heightened concerns that prices will keep rising due to the war in Iran.

US and Iranian negotiators reach tentative deal to extend ceasefire and launch nuclear talks
Aamer Madhani, Jon Gambrell, Sam Metz And Konstantin Toropin, Associated Press | Posted May 28 - 12:30 p.m.
U.S. and Iranian negotiators have reached a tentative agreement to extend the ceasefire by 60 days and launch talks on Iran's nuclear program.

Shaky ceasefire in Iran war is challenged again as Kuwait faces a missile attack
Jon Gambrell, Sam Metz and Konstantin Toropin, Associated Press | Posted May 28 - 6:45 a.m.
The U.S. military has accused Iran of violating a ceasefire after Kuwait reported it thwarted a missile attack.

Muslims begin the annual Hajj in sweltering heat against a backdrop of war concerns
Baraa Anwer and Mariam Fam, Associated Press | Posted May 26 - 12:45 p.m.
The annual Islamic Hajj pilgrimage, one of the Five Pillars of Islam, began Monday in sweltering temperatures against the backdrop of a tenuous ceasefire in the Iran war.
US launches fresh strikes on Iran as talks to end war proceed
Elwely Elwelly and Phil Stewart, Reuters | Posted May 26 - 6:51 a.m.
U.S. forces on Monday conducted strikes in southern Iran against targets including boats attempting to lay mines and missile launch sites, in what it described as defensive actions.

Airline miles may not go as far as the Iran war drives up fuel costs and summer fares
Ken Sweet, Associated Press | Posted May 25 - 7:51 a.m.
Users of credit cards that accrue airline miles and points toward various travel perks are likely to find their balances won't take them as far this summer.
Trump says framework of Iran deal 'largely negotiated,' with provision to reopen strait
Asif Shahzad, Michael Martina and Ryan Patrick Jones, Reuters | Posted May 23 - 4:35 p.m.
President Donald Trump wrote on Saturday that a memorandum of understanding on a peace deal with Iran is "largely negotiated," as both countries and mediators in Pakistan reported progress.
Warsh takes the Fed's helm as inflation climbs, consumer sentiment dives
Howard Schneider, Reuters | Posted May 22 - 5:01 p.m.
Kevin Warsh was sworn in as chair of the Federal Reserve on Friday at a pivotal moment for an American economy hit by surging inflation and eroding consumer sentiment.
Senate advances measure curbing Trump's Iran war powers
Patricia Zengerle, Reuters | Posted May 22 - 1:15 p.m.
The Senate advanced a resolution on Tuesday that would end the Iran war unless President Donald Trump obtains Congress' authorization, in a rare rebuke of the Republican leader.
Trump says negotiations with Iran in final stages, warns of attacks if deal fails
Jana Choukeir and Humeyra Pamuk, Reuters | Posted May 20 - 4:07 p.m.
President Donald Trump said on Wednesday that negotiations with Iran were "in the final stages," while warning of further attacks unless Tehran agrees to a peace deal.
Trump says US may strike Iran again but Tehran wants deal
Humeyra Pamuk and Menna AlaaElDin, Reuters | Posted May 19 - 7:34 p.m.
President Donald Trump said on Tuesday that the United States may need to strike Iran again and that he had been an hour away from ordering an attack before postponing it.
Dollar retreats on report of US-Iran sanctions deal
Karen Brettell, Reuters | Posted May 18 - 11:27 a.m.
The dollar slipped against most major currencies on Monday as oil prices fell after an Iranian news report indicated that the United States was set to waive sanctions on Iranian crude.
UAE reports drone strike at nuclear power plant as Iran war deadlock persists
Tala Ramadan, Reuters | Posted May 17 - 7:45 p.m.
A drone strike caused a fire at a nuclear power plant in the United Arab Emirates, officials there said on Sunday, as President Donald Trump said Iran must act "fast" after efforts to end the U.S.-Israeli war with Iran appeared to have stalled.
Trump says Iran war is worth the economic pain. These rural voters agree
Brad Brooks, Reuters | Posted May 16 - 7:46 p.m.
In two dozen recent interviews along Colorado's Highway 52, Trump voters echoed the president's logic saying the Iran War is worth the economic strain.

FBI offers $200K reward to catch ex-Air Force specialist wanted on espionage charges in Iran
Associated Press | Posted May 15 - 8:32 p.m.
The FBI is offering a $200,000 reward for information leading to the capture of Monica Elfriede Witt, a former U.S. Air Force specialist who defected to Iran in 2013.

Trump weighs Taiwan arms package after summit aimed at steadying US-China ties
Aamer Madhani, Will Weissert and Simina Mistreanu, Associated Press | Posted May 15 - 9:40 a.m.
President Donald Trump says he's not yet made a decision on whether a major sale of U.S. arms to Taiwan can move forward following his three-day visit to China.

Mortgage rates hit a new high. What should homebuyers do?
Lisa Riley Roche, Deseret News | Posted May 15 - 8:55 a.m.
Mortgage rates just hit a six-week high at 6.57%, according to Mortgage News Daily, as new reports show inflation is surging in the United States.

Phil Lyman says US should pull out of Iran war 'fiasco'
Bridger Beal-Cvetko, KSL | Posted May 14 - 10:31 p.m.
Congressional candidate Phil Lyman called for the United States to withdraw from the war with Iran, saying the war effort had been "hijacked" and calling it a "fiasco."
US war in Iran has cost $29 billion so far, Pentagon says
Reuters | Posted May 12 - 12:45 p.m.
The United States' war in Iran has cost $29 billion so far, a senior Pentagon official said on Tuesday, an increase of $4 billion from an estimate provided late last month.


