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.


68° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Friday Afternoon Business Brief

January 27, 2012, 1:23 PM

Friday Afternoon Business Brief
The Dow is on track to chalk up its first losing week of the year, but not by much. The key averages are mixed, with the Nasdaq remaining in positive territory.
  • The Fitch ratings agency says it is downgrading the credit grades of five European nations including Italy and Spain. Fitch cites "the marked deterioration in the economic outlook" in Europe and "the absence of a credible financial firewall against contagion and self-fulfilling liquidity crises."
  • Spain's unemployment rate has soared to nearly 23 percent. And even worse, it is close to 50 percent for those under age 25, leaving more than 5 million people - or almost one out of every four - out of work as the country slides toward recession. 
  • Union membership grew slightly last year, giving labor leaders hope that a period of steep declines has finally bottomed out. According to the federal government, the number of unionized workers increased by about 50,000 to nearly 14.8 million members in 2011. That's after unions had lost nearly 1.4 million members over the previous two years.
  • The nation's fourth quarter growth rate, released today, wasn't quite was robust as expected. GDP grew at an annual rate of 2.8 percent. The growth was fueled by a surge in sales of cars and other durable goods.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

SF Judge Considering Another Walmart Lawsuit

9/19/2014 5:41 PM

Homeowners believe the City of Sioux Falls didn't live up to its promise of having a conditional use permitting process for the new store proposed...

Full Story | Watch
Unbridled Business

9/15/2014 10:10 PM

Most of us think of successful online retailers as being located in big cities.  But the truth is when your customers are on the Internet, you ca...

Full Story | Watch
Great Outdoor Store Recognized By National Magazine

9/17/2014 3:33 PM

Outdoor USA Magazine is giving high marks to a Sioux Falls store.

Full Story
Committee Gives Final OK To Rest Stop Rule Changes

9/16/2014 1:22 PM

A South Dakota panel has approved rule changes in multiple state departments that include allowing the Department of Transportation to regulate newsst...

Full Story
Cracked Windshield Forces Jet To Land In Wichita

9/22/2014 1:12 PM

A 50-seat jet flying to Dallas was forced to land in Wichita after its windshield cracked.

Full Story


Events