Utah & U.S. Business & Finance News

US says it needs to control Venezuelan oil sales indefinitely to drive change

Most Recent

US will ban Wall Street investors from buying single-family homes, Trump says

US will ban Wall Street investors from buying single-family homes, Trump says

Reuters  |  Posted Jan. 7 - 2:37 p.m.  |  Save Story

President Donald Trump on Wednesday said his administration is moving to ban Wall Street investors from buying ​single-family homes in a bid to reduce home prices, a potential blow for private-equity landlords.
Trump's oil push widens with seizure of Russian-flagged tanker linked to Venezuela

Trump's oil push widens with seizure of Russian-flagged tanker linked to Venezuela

Idrees Ali and Marianna Parraga, Reuters  |  Updated Jan. 7 - 11:29 a.m.  |  Save Story

The U.S. said on Wednesday it had seized a Russian-flagged, Venezuela-linked tanker as part of President Donald Trump's aggressive push to dictate oil flows in the Americas and force Caracas' socialist government to become its ​ally.
Venezuela to export $2B worth of oil to US in deal with Washington, Trump says

Venezuela to export $2B worth of oil to US in deal with Washington, Trump says

Marianna Parraga and Erin Banco, Reuters  |  Updated Jan. 6 - 9:57 p.m.  |  Save Story

Caracas and Washington have reached a deal to export up to $2 billion worth of Venezuelan crude to the United States, President Donald Trump said on Tuesday.
Hilton drops Minneapolis hotel over canceled ICE bookings

Hilton drops Minneapolis hotel over canceled ICE bookings

Doyinsola Oladipo, Reuters  |  Posted Jan. 6 - 8:11 p.m.  |  Save Story

Hilton Worldwide Holdings has removed from its system a Minneapolis hotel that has refused to ​accept the bookings of Immigration and Customs Enforcement agents, the hotel operator said on Tuesday.
Utah father fights for a refund after martial arts studio closes

Utah father fights for a refund after martial arts studio closes

Matt Gephardt, KSL  |  Posted Jan. 6 - 12:01 p.m.  |  Save Story

January is often loaded with deals such as "sign up for a full year and save!" But what happens when a business shuts down and doesn't refund you?
Weekend snowstorm brings long-awaited boost to Utah winter businesses

Weekend snowstorm brings long-awaited boost to Utah winter businesses

Mike Anderson, KSL  |  Posted Jan. 6 - 8:45 a.m.  |  Save Story

A weekend snowstorm delivered a much-needed boost to winter recreation businesses in Utah's Ogden Valley.
New Jazz-themed court unveiled at Salt Lake City rec center — and there's more to come

New Jazz-themed court unveiled at Salt Lake City rec center — and there's more to come

Carter Williams, KSL  |  Posted Jan. 6 - 6:15 a.m.  |  Save Story

A newly-designed court in Salt Lake City isn't quite like the Delta Center, but the children took to it like it was the next best thing.
Trump administration sets meetings with oil companies over Venezuela, source says

Trump administration sets meetings with oil companies over Venezuela, source says

Jarrett Renshaw and Sheila Dang, Reuters  |  Updated Jan. 5 - 9:31 p.m.  |  Save Story

The administration of President Donald Trump is planning to meet with executives from U.S. oil companies later this week to discuss boosting ​Venezuelan oil production after U.S. forces ousted its leader Nicolas Maduro.
New beginnings: Provo business owners reemerge with separate ventures, but same purpose

New beginnings: Provo business owners reemerge with separate ventures, but same purpose

Curtis Booker, KSL  |  Posted Jan. 5 - 11:33 a.m.  |  Save Story

After a Provo shop was forced to close in February, one of its owners and two previous business owners opened a new space for coffee and community.
Bluefin tuna sells for record $3.2M at year-opening auction at Tokyo fish market

Bluefin tuna sells for record $3.2M at year-opening auction at Tokyo fish market

Associated Press  |  Posted Jan. 5 - 9:33 a.m.  |  Save Story

A 535-pound bluefin tuna sold for a record $3.2 million at the first auction of 2026 at Tokyo's Toyosu fish market.
What to expect from CES 2026, the annual show of all things tech

What to expect from CES 2026, the annual show of all things tech

Shawn Chen, Associated Press  |  Posted Jan. 5 - 8:28 a.m.  |  Save Story

With the start of the New Year squarely behind us, it's once again time for the annual CES trade show to shine a spotlight on the latest tech companies plan on offering in 2026.
Rome welcomed record 33.5 million pilgrims for Catholic Holy Year

Rome welcomed record 33.5 million pilgrims for Catholic Holy Year

Joshua McElwee, Reuters  |  Posted Jan. 5 - 8:21 a.m.  |  Save Story

About 33.5 million pilgrims came to Rome in 2025 for the Catholic Holy Year, Vatican and Italian ​officials said on Monday, marking a record number of yearly visitors.
Somalis in Minneapolis say they are facing harassment in the wake of fraud allegations video

Somalis in Minneapolis say they are facing harassment in the wake of fraud allegations video

Nicquel Terry Ellis, CNN  |  Posted Jan. 5 - 6:57 a.m.  |  Save Story

At Fardowsa Ali's restaurant in Minneapolis, she said the usual steady flow of diners seeking Somali sambusas or desserts has been replaced with threatening phone calls.
New development shows need for similar housing in Pocatello, says property manager

New development shows need for similar housing in Pocatello, says property manager

Logan Ramsey, EastIdahoNews.com  |  Posted Jan. 4 - 6:00 p.m.  |  Save Story

A brand new housing development with a unique design has units available for rent in Pocatello, and the design may just be an answer to affordable housing needs.
Elon Musk's Grok AI floods X with sexualized photos of women and minors

Elon Musk's Grok AI floods X with sexualized photos of women and minors

AJ Vicens and Raphael Satter, Reuters  |  Updated Jan. 4 - 4:00 p.m.  |  Save Story

A flood of nearly nude images of real people and children created by Elon Musk's Grok AI on X has rung alarm bells internationally.
Harmons grocery stores remain committed to local artists

Harmons grocery stores remain committed to local artists

Arianne Brown for KSL  |  Posted Jan. 4 - 3:00 p.m.  |  Save Story

In a world where many businesses are moving toward AI-created art, Harmons grocery stores have remained committed to showcasing local artists.
US lifts Caribbean airspace curbs after attack on Venezuela

US lifts Caribbean airspace curbs after attack on Venezuela

Dan Catchpole, Reuters  |  Updated Jan. 3 - 9:54 p.m.  |  Save Story

The United States has told airlines its curbs on Caribbean airspace will expire at 10 p.m. MST, and flights could resume as schedules are quickly updated, Transportation Secretary Sean Duffy said on Saturday.
Fed's Paulson signals another rate cut could take a while 

Fed's Paulson signals another rate cut could take a while 

Michael S. Derby, Reuters  |  Posted Jan. 3 - 7:44 p.m.  |  Save Story

Federal Reserve Bank of Philadelphia President Anna Paulson said on Saturday that further central ​bank rate cuts could be some way off while officials take stock of the economy's performance.
Which residents pay more at the pump due to gas taxes?

Which residents pay more at the pump due to gas taxes?

Amy Joi O'Donoghue, Deseret News  |  Posted Jan. 3 - 5:04 p.m.  |  Save Story

Utah, according to the State Tax Commission, recorded its highest rate of state gas taxes at 38.5 cents per gallon in 2025, but the rate is expected to drop as the new year begins.