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Officials: New unemployment claims down; rate still 701% of average for 2019

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The number of new unemployment claims filed April 26 through May 2 was down 23% from the week prior, but was still 701% of the average weekly claims filed in 2019.

Lawmakers question airline executives on use of government loans

Lawmakers on Wednesday rebuked airline executives for poor treatment of customers and employees as they have received billions of dollars in federal coronavirus relief.

Fashion Place Mall reopens, City Creek Center to open Wednesday

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Fashion Place Mall in Murray has reopened with some restrictions, and City Creek Center will be following suit Wednesday.  

Meat shortage: Costco, Kroger, others limit fresh meat purchases at stores

Panic shopping and shutdowns at meat production plants are prompting major grocery chains to limit the number of fresh meat products customers can buy during the coronavirus pandemic.
National Economic Council Director Larry Kudlow said Sunday the Trump administration is waiting to execute the current round of funding for small business loans under the Paycheck Protection Program before deciding on a third round of funding. Photo by Stefani Reynolds/UPI

Kudlow: ‘Pause period’ on third round of business loans

National Economic Council Director Larry Kudlow said Sunday that more loans for small businesses affected by the COVID-19 pandemic may be needed but the Trump administration has not yet decided whether to provide a third round of funding.

Berkshire Hathaway posts nearly $50B loss after COVID-19

Billionaire Warren Buffett's company Berkshire Hathaway posted a nearly $50 billion net loss in the first quarter of 2020 thanks to plummeting markets during the coronavirus crisis, a regulatory filing Saturday indicates.
Mitt Romney

Mitt Romney proposes hazard pay for workers facing COVID-19 threat; would boost wages up...

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U.S. Senator Mitt Romney (R) - Utah, says essential workers who face a direct threat of being infected with COVID-19 should receive a hazard pay increase of up to $12 an hour.

U.S. stocks lose ground to begin May after record April

U.S. stocks continued a slide on Wall Street on Friday to begin the month of May after officially closing out their best month in 33 years.

Dow, S&P close down 1 percent, still report best month since 1987

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U.S. stocks closed Thursday with shallow losses a day after the blue chip bellwether index climbed by more than 500 points.

Nearly 4 million more Americans file for unemployment

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Nearly 4 million more Americans have filed for new unemployment claims, the Labor Department said in an update Thursday.

Officials: Unemployment claimants must return to work after suitable offers

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The Utah Department of Workforce Services has issued a statement saying unemployment claimants must return to work after suitable offers.

Utah officials: New unemployment claims down from last week; $63M benefits paid to claimants...

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The Department of Workforce Services has released unemployment numbers for the week of April 19 to 25.

Dow, S&P 500 on track for largest monthly gains as stocks rise Wednesday

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U.S. stocks climbed Wednesday amid optimism surrounding a potential coronavirus treatment despite news the domestic economy shrank 5 percent to start the year.

Utah federal court issues restraining order against Cedar Hills company selling ‘fraudulent COVID-19 treatment’

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A federal court in Utah has entered an injunction halting the sale of what the Department of Justice has described as "a fraudulent coronavirus (COVID-19) treatment," the DOJ announced Wednesday.