User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


87° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

Afternoon Business Brief

April 18, 2011, 1:42 PM

Afternoon Business Brief
Stocks have dropped sharply after Standard & Poor's issued a warning about U.S. debt, citing mounting budget deficits. Also, more bad news about Europe's debt crisis has weighed on financial markets. Both the Dow and the S&P fell to their lowest levels in more than a month.
  • The White House is downplaying the significance of a credit rating agency's decision to downgrade its outlook on U.S. government debt. White House spokesman Jay Carney says Standard & Poor's action is a welcome call for a bipartisan agreement to reduce the deficit.
  • Homebuilders are more pessimistic about the housing market this month. The National Association of Home Builders index fell back down to 16.
  • Oil prices have dropped more than 2 percent today. Benchmark West Texas Intermediate crude was down more than fell $2 to $107.06 per barrel in midday trading on the New York Mercantile Exchange.
  • Government bond prices are rising even after Standard & Poor's warned that it could downgrade U.S. debt in the next two years. The yield of the 10-year slipped to 3.38 percent from 3.41 percent late Friday.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

You may also like

Charges Filed After Baby Hurt At Day Care

8/19/2014 11:13 AM

A Sioux Falls day care provider faces charges after a child in her care was hospitalized.

Full Story
SUV Driver Ticketed Following Deadly Crash

8/18/2014 11:35 AM

Sioux Falls Police have ticketed a 26-year-old driver for her involvement in a deadly bicycle crash last month.

Full Story
Illinois Man Found Dead In The Black Hills

8/17/2014 11:30 AM

Authorities say a 23-year-old Illinois man who was reported missing in early August was found dead in the Black Hills National Forest.

Full Story
Love At Last Sight

8/14/2014 10:05 PM

Most of us take our vision for granted. But what if suddenly you could never see the faces of your loved ones again? What if within just a m...

Full Story | Watch
Father In NW Iowa Murder Case Died Of Natural Causes

8/20/2014 9:44 AM

Autopsy results are back on a northwest Iowa man who was found dead along with his wife in July.

Full Story


Events