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.

26° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



 Winter Storm for November 30, 2015

Snow Outlook

Severe Weather

State Radar

Click here for local closings & delays

Send photos to

Storm Center Update



[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Friday Afternoon Business Brief

June 6, 2014, 2:00 PM

Friday Afternoon Business Brief
  • News that U.S. employers added workers at a good clip for the fourth month in a row is helping push the stock market higher. The S&P 500 has been as much as eight points higher in afternoon trading. The benchmark for most investment funds is on track to set record highs in eight of the last 10 days and to gain more than 1 percent for the third week running. The Dow is also in record territory, while the Nasdaq composite is solidly higher too.
  • The job market has finally regained all the jobs lost in the Great Recession. The Labor Department says U.S. employers added 217,000 jobs in May, while the unemployment rate remains at 6.4 percent. Monthly job growth has now averaged 234,000 for the past three months. While the jobs lost in the downturn have been replaced, more growth is needed because the U.S. population has grown nearly seven percent since the recession began in December 2007.
  • There's a fresh sign of economic recovery in Europe today. Spain says it will start paying back its bailout package early. The European Union provided a $55 billion aid package two years ago to prop up Spain's ailing banks and prevent the nation from descending into financial chaos. Spain wasn't due to make a payment until 2022, but the government says it will be ready to make a $1.8 billion payment soon.
  • Colorado's governor has signed legislation aimed at establishing a financial system for the largely cash-only marijuana industry. The law would allow pot businesses to form a network of uninsured cooperatives designed to give them a way to access basic banking services. Banks have not provided marijuana businesses with services out of concern they would be violating federal law. That has led to fears that marijuana businesses could be a target for robberies.
  • Gatorade is apologizing for tweets it posted last night after LeBron James was forced to leave Game 1 of the NBA Finals. The Miami Heat star left the game for good with about four minutes to go because of leg cramps, a sign of dehydration. Temperatures inside the arena in San Antonio were close to 90 degrees after the air conditioning failed. Gatorade tweeted: "The person cramping wasn't our client. Our athletes can take the heat." James is a paid endorser of Powerade.

Previous Story

Next Story



View business

You may also like

Fired GEAR UP Worker Defends Stacy Phelps

11/24/2015 6:05 PM

When the state pulled its multi-million dollar GEAR UP contract from Mid Central Educational Co-Op in September, all the current GEAR UP workers were ...

Full Story | Watch
Great Western Bank Buys Home Federal For $140M

11/30/2015 3:37 PM

The combined companies are projected to have $11.3 billion in assets, $8.5 billion in loans and $8.6 billion in deposits.

Full Story
Bison Ranch Owner By Turner Gets Permit For Feedlot Addition

11/25/2015 1:35 PM

Stanley County commissioners have approved a feedlot at a bison ranch owned by media mogul Ted Turner.

Full Story
Cyber Monday Sales Bring Down Target Website

11/30/2015 10:03 AM

Target’s website went down during Cyber Monday shopping Monday morning.

Full Story
City Of Sioux Falls Buying Homes In Area that Floods

11/24/2015 6:05 PM

Homeowners have the option to voluntarily sell their house if they are concerned about flooding or if they have had problems with flooding. By tearing...

Full Story | Watch