Business + Economy
Nathaniel Meyersohn, CNN
The real reasons stores such as Walmart and Starbucks are closing in big cities
Several forces are pushing Walmart and Starbucks out of some city centers: a glut of stores, people working from home, online shopping, exorbitant rents, crime and public safety concerns, and difficulty hiring workers.2 years ago
Associated Press
The US has approved $42 billion in loan forgiveness for public service workers. Here’s what to know
The program is separate from U.S. Supreme Court is currently considering whether that plan can go ahead.2 years ago
Alexandra Peers, CNN
Why Mother’s Day is the most hated day in the restaurant industry
The National Retail Federation forecasts that Mother's Day spending will reach $35.7 billion this year, with a record $5.6 billion spent on a meal or outing.2 years ago
Curt Gresseth
Ticktock: US steps closer to debt default
Robert Spendlove, senior vice president and economic and public policy officer at Zions Bank, joins the show to discuss what would happen if the federal government defaults on its debt.2 years ago
Associated Press
Peloton recalling more than 2M exercise bikes because the seat post assembly can break during use
The recall includes approximately 2.2 million of the Peloton Bikes Model PL01. The bikes were sold from January 2018 through May 2023 for about $1,400.2 years ago
Arlette Saenz, CNN
Biden takes debt ceiling pitch on road amid standoff with Republicans
The president said he believes the country can avoid default because an "overwhelming number of members of ... Congress know it would be a disaster."2 years ago
Anna Bahne
This house just got 25 offers. But, yes, the market is still cooling
(CNN) — When Minneapolis real estate agent Darisha Hill listed a three-bedroom, one-bath, 1924 bungalow on a Friday afternoon at the end of April, she scheduled open houses for both Saturday and Sunday to attract buyers. By Saturday evening the homeowners had received so many offers — a total of 25 bids, all of them over […]2 years ago
Alicia Wallace, CNN
Annual inflation cooled off slightly in April
It's the 10th consecutive month that the headline CPI rate has slowed. The CPI climbed by 4.9% for the 12 months that ended in April.2 years ago
Heather Kelly
20 brand new rail cars coming to TRAX Blue Line
Twenty brand new rail cars on the TRAX Blue Line are coming soon to improve accessibility, thanks in part to a $60 million grant.2 years ago
Samantha Herrera
New cars becoming unattainable for many, report says
New car prices and rising interest rates are making buying a new car a less attainable goal for Americans.2 years ago
Jack Forrest and Sam Fossum, CNN
Biden administration will propose rule requiring airlines to compensate passengers for canceled or delayed flights
Biden and Buttigieg will also announce that the department is launching an expanded Airline Customer Service Dashboard at FlightRights.gov.2 years ago
Amanda Dickson
What happens if you die without a will?
When you die without a will, it leaves some questions for loved ones, and often leaves what remains to be cleaned up by a court.2 years ago
Julia Horowitz, CNN
The Fed could be on the verge of repeating its 1970s mistake, Fed historian says
Inflation has been sliding, indicating that after 10 consecutive interest rate hikes, the central bank is experiencing some success.2 years ago
Suzanne Bates, Deseret News
Sen. Mitt Romney frustrated White House won’t negotiate on debt ceiling
He spoke about the nation's debt, the controversy swirling around the Supreme Court and his plans for 2024.2 years ago
Elisabeth Buchwald, CNN
Where the jobs are: These are the industries that are hiring — and firing
The latest jobs reporte showed that hiring isn't strong across the board, and is concentrated in a handful of industries.2 years ago
Alicia Wallace, CNN
US labor market heats back up, adding 253,000 jobs in April
Originally Published: 05 MAY 23 06:20 ET Updated: 05 MAY 23 08:32 ET (CNN) — The labor market heated back up in April as employers added 253,000 jobs, according to data released Friday by the Bureau of Labor Statistics. It’s a surprising increase at a time when many indicators were pointing to a slowdown […]2 years ago
Curt Gresseth
Yuma mayor talks about preparing for migrants massing at border
As President Joe Biden prepares to send 1,500 troops to the southern border, the Republican mayor of Yuma, Arizona, anticipates a surge of migrants moving north as Title 42 comes to an end.2 years ago
Adam Small
Utah gas prices rising, among most expensive in the country
On May 4, 2023, the average cost for a gallon of regular unleaded gas in Utah was $.36 above the national average.2 years ago
Curt Gresseth
How is rising interest rate going to hike my credit card balance?
The Fed for the 10th time is expected to raise the interest rate. Dave and Debbie measure the large financial effect of raising the interest rate on a credit card from 15% to 21%.2 years ago
DAVID McHUGH AP Business Writer
Europe’s inflation inches up ahead of interest rate decision
Europe's painful inflation has inched higher, extending the squeeze on households and keeping pressure on the European Central Bank to unleash what could be another large interest rate increase.2 years ago
Jeanne Sahadi, CNN
What the takeover of First Republic means for the bank’s customers
First Republic customers' deposits will continue to be FDIC-insured. FDIC insurance covers up to $250,000 per depositor for each account ownership category.2 years ago
Emmy Abbassi, CNN
Uber’s 2023 lost and found report includes dentures, weed, a lightsaber and a slushy machine
The ride-share company published its 2023 Uber Lost & Found Index on April 27, 2023 and it included some unique items.2 years ago
Julia Horowitz
Is $250,000 still the right limit for deposit insurance? The debate is on
(CNN) — If my bank fails, how much of my savings will I get back? It’s a scenario no one likes to think about. But in the past 15 years, it has unfolded with particular drama on several occasions — during the 2008 global financial crisis and again since mid-March, as turmoil has gripped the […]2 years ago
