Utah

Colorado, Utah, Idaho metros had the biggest share of sellers dropping home prices in June

Colorado, Utah, Idaho metros had the biggest share of sellers dropping home prices in June

JLL Americas Markets CEO John Gates discusses trends and growth in commercial real estate. A significant number of sellers around the U.S. are cutting prices as high mortgage rates and fears of a potential recession keep many prospective buyers at bay.  A recent report by Redfin indicated over 25% of home sellers in three-quarters of …

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These 10 states are leading America in creating a crypto economy

These 10 states are leading America in creating a crypto economy

Investing in cryptocurrencies is clearly not for the faint of heart. The value of bitcoin has plunged from its high last fall, and others have followed similarly gut-wrenching paths. But that does not mean that the revolutionary technology behind them, which allows for innovations such as smart contracts and instant peer-to-peer payments, is not here …

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State lotteries transfer wealth out of needy communities, investigation finds

State lotteries transfer wealth out of needy communities, investigation finds

Over the past two decades, state lotteries have nearly doubled in size, driving a multibillion-dollar wealth transfer from low-income U.S. communities to powerful multinational companies. A nationwide investigation of state lotteries by the Howard Center for Investigative Journalism at the University of Maryland found that lottery retailers are disproportionately clustered in lower-income communities in nearly …

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Here's why Utah's unemployment rate rose for the first time in 2 years

Here’s why Utah’s unemployment rate rose for the first time in 2 years

Utah’s unemployment rate only had a slight increase from 1.9% in April to 2% in May, but Utah Department of Workforce Services’ chief economist Mark Knold said that the components of why that rate has moved up are indeed worth noting. (Kristin Murphy, Deseret News) Estimated read time: 3-4 minutes SALT LAKE CITY — Around …

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Cottonwood Heights Starbucks employees are the first to unionize in Utah

Cottonwood Heights Starbucks employees are the first to unionize in Utah

Baristas at a Starbucks in Cottonwood Heights on Friday officially became the first store to unionize in Utah, joining a growing labor movement of more than 100 organized Starbucks locations nationwide. After sending in ballots last month, the workers’ vote was certified on Friday by the National Labor Relations Board, with a margin of 11-6. …

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Smithfield Foods announced Friday it is closing the majority of its operation in Beaver County.

Smithfield Foods to close bulk of operation in Beaver County, impacting estimated 250+ workers

Smithfield Foods announced Friday it is closing the majority of its operation in Beaver County. (Stuart Johnson, KSL-TV) Estimated read time: 3-4 minutes MILFORD, Beaver County — Smithfield Foods announced Friday it is closing the majority of its operation in Beaver County, prompting an outcry from the rural community. County officials noted the company is …

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BMW, Ford, Volkswagen, Honda, and Volvo Are Still With California On Emissions

BMW, Ford, Volkswagen, Honda, and Volvo Are Still With California On Emissions

Photo: Mario Tama (Getty Images) Five automakers are rallying in support of California’s desire to set its own emissions requirements, used car prices are up but not quite as much as you’d probably think and a Chinese automotive giant believes it will soon make batteries for Tesla. It’s unclear if Tesla is aware. All that …

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