Wife says deputy was victim in fracas

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The wife of a Utah County sheriff’s deputy portrayed her husband Friday as both the victim of a man who wanted to fight him at a movie theater and of a “hysterical,” “screaming” woman who attacked him.
“I’ve never been so scared my whole entire life,” [...]

Lawsuits by payday lenders swamp courts

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“Payday loan” stores say most customers of their 500-percent-or-so-interest loans can afford them. Ads call them “hassle-free” or “quick and easy.” But payday lenders have sued nearly 27,000 Utahns for nonpayment since 2005, Deseret Morning News research finds.
That is 24 people sued each day, or [...]

U.S. Economy Suffers Another Body Blow

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Nervous employers cut 17,000 jobs in January - the first such reduction in more than four years and a fresh trouble sign that the U.S. economy is in danger of stalling.
The Labor Department’s report, released Friday, also showed that the unemployment rate dipped slightly to 4.9 percent, from 5 percent, as the civilian labor force [...]

UPI NewsTrack Business

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U.S. markets close on an up noteNEW YORK, Feb. 1 (UPI) — U.S. stock markets closed out the week on an up note Friday with gains posted on three major indexes.The Dow Jones industrial average climbed 94.95 points Friday to 12,745.31, up 0.7 [...]

U.S. lost 17000 jobs in January

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WASHINGTON, Feb. 1 (UPI) — Declines in construction and manufacturing contributed to a loss of 17,000 jobs in the United States, a Friday release from the U.S. Department of Labor said.The drop in jobs is a critical measurement of the economy, due [...]

Jittery employers cut jobs

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WASHINGTON In a shower of pink slips, U.S. employers cut jobs last month for the first time in more than four years, the starkest signal yet that the economy is grinding to a halt, if it hasn’t already toppled into recession.
Conditions are deteriorating, according [...]

Starting up Do you have the nerve to handle a startup tech company

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Imagine you’re a successful 10-year-plus tech veteran at Micron or Hewlett-Packard, and one day a co-worker approaches you and says, “Hey, a couple of us are meeting for some beers tonight. We’ve got a great idea for a start-up. Care to join us?”Would you go?Many tech folks I know would jump at that opportunity. For [...]

Consumer Spending Slowed in December

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WASHINGTON —
Consumers increased their spending at the weakest pace in six months while applications for unemployment benefits soared last week, two more signs the economy is weakening.The Commerce Department reported Thursday that consumer spending edged up just 0.2 percent in December — the year’s peak shopping season — down sharply from a 1 percent gain [...]

Minimumwage hike stalls in House panel

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A measure to have Utah’s minimum wage tied to the Consumer Price Index may be dead.
HB114 was discussed Wednesday by the House Business and Labor Committee, but the committee adjourned without a vote on the bill after business representatives said the bill is unnecessary.
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