Utah & U.S. Business & Finance News
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DOJ reclassifies certain marijuana products as a less dangerous drug
Reuters | Posted April 23 - 7:19 a.m. | Save Story
The Department of Justice is reclassifying FDA-approved and state-licensed marijuana as a less dangerous drug, U.S. Acting Attorney General Todd Blanche said on Thursday.
Suazo Business Center, traditionally focused on Latinos, gets $600K grant to expand services
Tim Vandenack, KSL | Posted April 23 - 6:26 a.m. | Save Story
The Suazo Business Center, traditionally focused on aiding the Latino community, received a $600,000 grant from KeyBank to help it expand its offerings.
Get Gephardt helps Murray man fight internet provider for promised renewal offer
Matt Gephardt and Sloan Schrage, KSL | Posted April 22 - 9:35 p.m. | Save Story
Investigators with the Utah Division of Consumer Protection will tell you: The more evidence you have that a company isn't honoring its offer, the easier it is for them to step in and help.
Utah school event teaches kids about saving and budgeting
Tyrese Boone, KSL | Posted April 22 - 5:02 p.m. | Save Story
Students at Backman Elementary School are learning financial literacy skills early thanks to a statewide program focused on teaching kids how to save, spend and plan for the future.
US set to move to reclassify marijuana as early as Wednesday, Axios reports
Reuters | Posted April 22 - 4:32 p.m. | Save Story
The United States administration is expected to move to reclassify marijuana as soon as Wednesday, Axios reported.
When's the best time to list a home for sale in the U.S.?
Lisa Riley Roche, Deseret News | Posted April 22 - 12:00 p.m. | Save Story
Thinking of selling your home? You might want to get it on the market quickly.
Trump administration nears deal to rescue Spirit Airlines, WSJ reports
Reuters | Updated April 22 - 11:38 a.m. | Save Story
The Trump administration has neared a deal to rescue embattled low-cost carrier Spirit Airlines, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Tough housing market: Some homeowners opt to remodel rather than buy
Daniel Woodruff, KSL | Posted April 22 - 8:05 a.m. | Save Story
A Redfin study found that 43% of Americans chose to remodel their home in the last year, with another 33% saying they plan to do that sometime in the next year. Why?
Meta to start capturing employee mouse movements, keystrokes for AI training data
Katie Paul and Jeff Horwitz, Reuters | Posted April 21 - 8:03 p.m. | Save Story
Meta is installing new tracking software on U.S.-based employees' computers to capture mouse movements, clicks and keystrokes for use in training its artificial intelligence models.
Home insurance premiums in Utah rising at a 'troubling' rate
Matt Gephardt and Sloan Schrage, KSL | Posted April 21 - 7:38 p.m. | Save Story
Home insurance costs in Utah rose nearly six times faster than paychecks.
Fed chair pick Warsh makes case for smaller Fed holdings in hearing
Michael S. Derby, Reuters | Updated April 21 - 6:03 p.m. | Save Story
Kevin Warsh, President Donald Trump's Federal Reserve chair nominee, told a Senate panel on Tuesday he would work with the Treasury Department to create a smaller Fed balance sheet.
Here's how Utah could benefit from now-permanent 20% small business tax deduction
Logan Stefanich, KSL | Posted April 21 - 4:01 p.m. | Save Story
The Qualified Business Income deduction allows Utah small businesses to deduct up to 20% of their business income from federal and state taxes.
Record surge in gasoline receipts boosts US retail sales in March
Lucia Mutikani, Reuters | Updated April 21 - 12:30 p.m. | Save Story
U.S. retail sales increased more than expected in March as the war with Iran boosted gasoline prices and led to a record surge in receipts at service stations, while tax refunds underpinned spending elsewhere.
Sens. Mike Lee, Elizabeth Warren team up to rip potential American-United merger
Carter Williams, KSL | Posted April 21 - 12:05 p.m. | Save Story
A potential merger between two of the world's largest airlines has unified an unlikely pair in Washington.
Trump's $1.5 trillion defense budget includes $750 billion for ships, jets and Golden Dome
Mike Stone, Reuters | Updated April 21 - 11:36 a.m. | Save Story
The Pentagon on Tuesday unveiled more details of President Donald Trump's $1.5 trillion defense budget request for fiscal year 2027.
What the Trump administration plans for colleges earning F's in returns on investment?
Jason Swensen, Deseret News | Posted April 21 - 10:00 a.m. | Save Story
The Department of Education launched an "earnings indicator" in December, designed to provide college-bound students and their families with information about a school's post-graduation earnings status.
Utah farmers feel economic strain as Iran war drives up fertilizer costs
Garna Mejia, KSL | Posted April 21 - 6:18 a.m. | Save Story
Utah farmers are facing mounting financial pressure as the economic ripple effects of the war with Iran continue to spread far beyond the gas pump.
Major Canadian airline to pull out of Salt Lake City, but it's already planning a return
Carter Williams, KSL | Posted April 20 - 9:30 p.m. | Save Story
Canada's largest airline says it plans to pull flights out of a select number of airports this year, including Salt Lake City, as it deals with the rising cost of jet fuel.
