User uShare 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.

36° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options


TEMPERATURE LOCATION | 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



You may also like

Snow Forecasted For Sioux Falls, Sioux City On Friday

11/19/2015 6:28 AM

Areas of southeast South Dakota will be under its first winter storm watch of the season.

Full Story
Roslyn Man Arrested In Shooting

11/21/2015 4:46 PM

A Roslyn, South Dakota man is accused of trying to kill another man overnight.

Full Story
Ronald Neels Sentenced To 75 Years In Prison

11/23/2015 5:59 PM

For more than a decade, nobody knew Ronald Neels was sexually abusing a victim inside his home near Garretson. The victim never said anything about th...

Full Story | Watch
Sioux Falls Issues Snow Alert

11/20/2015 11:00 AM

The City of Sioux Falls has declared a snow alert after heavy snow across the city Friday.

Full Story
Joseph Patterson Sentenced To Life In Prison

11/19/2015 3:55 PM

A judge has sentenced a man who was found guilty in the death of a two-year-old to life in prison without the possibility of parole.

Full Story