News
New federal report reveals mixed signals on inflation, consumer spending
2+ hour, 8+ min ago (661+ words) Art is an award-winning reporter who covers advanced industry and technology on the Deseret News' special projects team. A report delayed by the federal government shutdown found inflation continued to inch up late last year but so did consumer spending,…...
Will new inflation rate impact tension between Trump and Federal Reserve?
1+ week, 2+ day ago (744+ words) Art is an award-winning reporter who covers advanced industry and technology on the Deseret News' special projects team. Grocery prices saw their biggest one-month increase in three years in December but price drops in other categories, including gasoline, helped offset…...
Will 2026 be a brighter year for the U.S. economy?
1+ week, 2+ day ago (1104+ words) Art is an award-winning reporter who covers advanced industry and technology on the Deseret News' special projects team. A weakening employment sector, persistent inflation, out-of-reach housing prices and the uncertainty born of shifting international trade policies were among the hallmarks…...
Top Utah economist says Trump investigation of Fed chair could undermine ‘entire economy’
1+ week, 2+ day ago (862+ words) The top economist at Utah's largest bank began his economic outlook report to state policymakers on Monday with a warning. The criminal investigation into Federal Reserve Chairman Jerome Powell by President Donald Trump's Department of Justice could throw the economy…...
Here’s what drove the biggest economic jump in 2 years
4+ week, 2+ day ago (578+ words) Art is an award-winning reporter who covers advanced industry and technology on the Deseret News' special projects team. A delayed Commerce Department report released Tuesday shows U.S. economic growth outpaced expectations in the third quarter of the year, hitting the highest…...
Opinion: These Nobel-Prize-winning economists have a timely lesson for Congress
4+ week, 2+ day ago (645+ words) We live in arguably the most innovative and prosperous era in human history. My lifetime alone has seen numerous technological leaps that past generations could never have dreamed of, including the moon landing, the birth of the internet and now…...
U.S inflation ticks down in November but delayed report comes with an asterisk
1+ mon, 4+ day ago (690+ words) Art is an award-winning reporter who covers advanced industry and technology on the Deseret News' special projects team. A new federal inflation report released Thursday, delayed by the recent government shutdown, finds U.S. inflation inched down to 2.7% in November, coming in…...
Here’s the latest unemployment rate as jobs market continues to slump
1+ mon, 6+ day ago (721+ words) Art is an award-winning reporter who covers advanced industry and technology on the Deseret News' special projects team. Long-delayed federal data released Tuesday found the U.S. employment sector is continuing to falter with job losses now showing up in three of…...
What is a ‘K-shaped’ economy and why is it a concern?
1+ mon, 1+ week ago (992+ words) Art is an award-winning reporter who covers advanced industry and technology on the Deseret News' special projects team. To borrow a phrase made famous by Sesame Street, today's economy is brought to you by the letter K and the number…...
Here’s what’s in the latest U.S. inflation report
1+ mon, 2+ week ago (430+ words) Art is an award-winning reporter who covers advanced industry and technology on the Deseret News' special projects team. A shutdown-delayed federal report released Friday found overall U.S. inflation crept up slightly in September, driven mostly by rising gas and grocery prices…...