More than $850 million in taxpayer dollars went to 117,000 individuals earning cash benefit payments from both disability and unemployment in fiscal year 2010, according to a study from the U.S. Government Accountability Office released this week. Some individuals have … Continue reading»

Critics of presidential candidate Mitt Romney say his plan to lower or eliminate taxes and deductions is “mathematically impossible.” But Martin Feldstein, a professor of economics at Harvard University, doesn’t agree. Critics base their claims on a study from the … Continue reading»

WASHINGTON — Three consecutive months of rising home prices show signs that the housing market is recovering, according to the Standard & Poor’s/Case-Shiller home price index released Tuesday. The index is a survey of home prices in the nation’s 20 … Continue reading»

HIGHLAND—Some residents in Highland want the city to block businesses from operating on Sunday after officials overturned the restrictions. The petition began after the Highland City Council voted 3-2 in April to allow business to open on Sunday. Now petitioners … Continue reading»

Four Utah cities, including South Jordan and Orem, made Money Magazine’s 2012 Top 100 Best Place to Live in the U.S., released this week. Continue reading»

Pennsylvania’s efforts to assist its local governments with their retirement plans may be doing more harm than good, according to Bloomberg. The state is home to a quarter of all U.S. public pensions and has paid at least $2 billion … Continue reading»

City Creek Center officials say a built-in consumer base and mixed-use development are what help the mall, located in downtown Salt Lake, flourish while others struggle to keep retailers. “We have residents who live with us, we have office worker that … Continue reading»

The Security and Exchange Commission charged a Puerto Rico resident and his company today who targeted evangelical Christians and factory workers in a $7 million Ponzi scheme. Ricardo Bonilla Rojas and his firm Shadai Yire allegedly gathered funds from as … Continue reading»

Federal officials charged a Michigan-based vehicle parts manufacturer for misusing $34 million in assets from two retirement funds, according to The Detroit News. The U.S. Labor Department filed suit against Metavation LLC, which is owned by Revstone LLC, for violating … Continue reading»

As other states struggle to balance budgets and pay liabilities during hard economic times, Utah has managed to stay strong amid the chaos. It’s Utah’s industrious, youthful workforce and a business-friendly 5 percent tax rate that helps the state dodge … Continue reading»