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Economics at ksl.com

Today News

06

Slow growth, inflation deliver economic double whammy to kick off '24

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A Thursday U.S. Commerce Department report delivered a double dose of disappointing economic data with findings showing overall economic growth slowed more than expected in the first quarter of the year and inflation made another…

Southwest to stop service to 4 airports in wake of rising losses, Boeing delivery problems

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Southwest Airlines announced Thursday it will stop serving four airports after reporting increased losses in the first quarter and more delays in the delivery of promised jets from Boeing.

03

Net neutrality restored as federal agency votes to regulate internet providers

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The Federal Communications Commission on Thursday restored "net neutrality" rules that prevent broadband internet providers from favoring some sites and apps over others.

02

Biden administration finalizes rule to grant overtime for millions more salaried workers

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Starting July 1, employers will be required pay overtime to salaried workers who make less than $43,888 a year in certain executive, administrative and professional roles, the Labor Department said Tuesday.

Thursday, Apr 25

23

US judge upholds Trump's $83.3M defamation loss, rejects new trial

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A federal judge on Thursday rejected Donald Trump's bid to throw out an $83.3 million defamation verdict in favor of the writer E. Jean Carroll, who said the former president defamed her after she accused him of raping her decades ago.

22

Tabloid publisher says he wrangled with Trump over who should buy story of alleged affair

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Former National Enquirer publisher David Pecker testified at Donald Trump's criminal trial on Thursday that he wrangled with Trump and his former lawyer ahead of the 2016 election over who should buy the silence of women who said they had…

20

FTC sends $5.6M in refunds to Ring customers as part of video privacy settlement

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The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside access.

18

Supreme Court seems skeptical of Trump's claim of absolute immunity but decision's timing is unclear

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The Supreme Court seems highly skeptical of former President Donald Trump's claim of absolute immunity from prosecution. But it's less clear that the justices are headed for a quick resolution.

17

Fire at egg supplier in northern Utah won't cause prices to increase, company says

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A fire at one of the top suppliers of eggs in Utah has sparked the question of whether egg prices and supplies will be impacted.

07

'I got frustrated and gave up': High mortgage rates keep some Utah homebuyers on the sidelines

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Many Utah homebuyers are beginning to give up on owning a home as mortgage rates continue to gatekeep them.

06

Supreme Court to decide if outright camping bans constitute cruel and unusual punishment

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A group of people experiencing homelessness in Portland filed a class action lawsuit which has been appealed to the U.S. Supreme Court to decide on whether enforcement constitutes as cruel and unusual punishment.

04

John Curtis says voters are 'tired' of politicians not getting things done

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Rep. John Curtis, a U.S. Senate candidate, thinks the "pendulum" is beginning to swing toward candidates who are willing to bridge party lines to get things done.

Wednesday, Apr 24

20

Airlines will now be required to give automatic cash refunds for canceled and delayed flights

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The Biden administration is setting new rules on airline fees and refunds. The Transportation Department said Wednesday that the final rules will spell out exactly when consumers are owed a refund for a delayed flight.

19

Democrat Brian King outraises Gov. Spencer Cox in first few months of 2024

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Democratic gubernatorial challenger Brian King outraised Republican Utah Gov. Spencer Cox in the first few months of 2024.

18

Biden signs Ukraine aid, TikTok ban bills after Republican battle

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President Joe Biden signed a hard-fought bill into law on Wednesday that provides billions of dollars of new aid to Ukraine for its war with Russia, notching a rare bipartisan victory for the president as he seeks reelection and ending…

17

'We're not criminals, we're workers': Day laborers say sometimes they have no other work options

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Undocumented immigrants in Utah sometimes gather outside locales like Home Depot seeking work, drawing fire from some, though they do so because they say they have no other options.

16

Tesla's earnings plunge, but the company promises cheaper car model

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Tesla reported its first-quarter adjusted earnings plunged 48%, falling short of lowered Wall Street forecasts, but it assured investors that it plans to move ahead with a cheaper model due out next year.

07

Romney jokes about Harvard presidency talk

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Utah Sen. Mitt Romney doesn't seem to be taking seriously talk that he should be president of Harvard .

06

Senate overwhelmingly passes aid for Ukraine, Israel and Taiwan with big bipartisan vote

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The Senate has passed $95 billion in war aid to Ukraine, Israel and Taiwan, sending the legislation to President Joe Biden after months of delays.

05

Thieves stealing airline travel credits: How you can protect them

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If someone steals your credit card or hacks into your bank account, federal law says you should get most of your money back. But what protections do you have when someone steals your airline travel credits?

04

New federal rule would bar 'noncompete' agreements for most employees

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U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by the Federal Trade Commission on Tuesday.

02

Supreme Court faces fight over emergency abortions after toppling Roe

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The idea of a doctor in the United States having to consider the risk of imprisonment before performing an emergency abortion might have been difficult to imagine just two years ago.

01

In Trump hush money trial, tabloid publisher testifies he helped candidacy

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The first witness in Donald Trump's criminal hush money trial, former National Enquirer publisher David Pecker, testified on Tuesday that he used his supermarket tabloid to suppress stories that might have hurt Trump's 2016 presidential…

Tuesday, Apr 23

15

Store brands may help your grocery budget, but do they sacrifice quality?

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Consumers constantly grapple with grocery shopping decisions, particularly when it comes to balancing quality and cost. Store-brand products, often referred to as generics or private-label brands, have emerged as a popular alternative to…

06

Sen. John Fetterman, another Harvard grad, endorses Romney to be next university president

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Pennsylvania Sen. John Fetterman joined the list of Harvard alumni who say they want to see Utah Sen. Mitt Romney as president of the university.

05

Utah Sen. Mike Lee rallying Senate to kill foreign aid bill for Ukraine, Israel

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Sen. Mike Lee, R-Utah, hopes to block the Senate passage of a foreign aid package for Ukraine, Israel and other U.S. allies.

04

UTA set to extend S-Line streetcar service for first time. Here's what to expect

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Construction to extend the S-Line streetcar farther into Sugar House is expected to begin this year. It also sets up the potential for a major larger expansion in the future.

03

Kroger, Albertsons — still hoping to merge — agree to sell more stores to satisfy regulators

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Supermarket chains Kroger and Albertsons say they will sell more of their stores in an effort to quell the federal government's concerns about their proposed merger.

02

Biden administration issues privacy rule protecting abortion

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President Joe Biden's administration issued a final rule on Monday aimed at strengthening privacy protections for women seeking abortions by banning the disclosure of protected health information related to reproductive health.

01

Apparel retailer Express files for bankruptcy protection, to close over 100 stores

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Fashion retailer Express has filed for Chapter 11 bankruptcy and intends to close more than 100 stores, it said Monday.