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.


66° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Friday Evening Business Brief

October 5, 2012, 5:17 PM

Friday Evening Business Brief

Stocks turned mixed on Wall Street, after an early rally faded. The Dow added 35 points to 13,610. The S&P was little changed, while the Nasdaq composite dropped 13 points.

  • There was surprising good news on the job market, with the Labor Department reporting the unemployment report fell to 7.8 percent last month. More people found work and there were upward revisions in payrolls numbers for the previous months of July and August.
  • The Federal Reserve says Americans boosted their borrowing in August by the largest amount in three months. A big jump in use of student loans helped to drive the expansion in borrowing.
  • The Congressional Budget Office says the deficit for the just-completed 2012 budget year at $1.1 trillion. It marks the fourth straight year of trillion dollar deficits. The 2012 deficit was 7 percent of the size of the economy.
  • The price of oil fell today. Benchmark oil was down $1.83 to settle at $89.88 a barrel in New York.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Baby Books Rental Car, Family Denied Refund

3/31/2015 11:28 AM

A Minnesota family can’t believe how a well-known company reacted after their baby made a costly computer mistake.

Full Story | Watch
Plans Released For Pump Park in Brookings

3/27/2015 4:51 PM

The same company that designs BMX bike tracks for the Olympics is coming to South Dakota to create Brookings' newest park.

Full Story
RibFest Announces Concert Headliners

3/30/2015 8:40 AM

Montgomery Gentry, Cheap Trick, Uncle Kracker and Warrant are scheduled to perform at the annual event from May 28 to May 31. 

Full Story
How Much Do You Take Home In Pay?

3/30/2015 9:45 AM

How much does making $50,000 a year differ from one state to another, once you figure in taxes and cost of living?

Full Story
Speed Limit Sign Changes

3/25/2015 6:06 PM

The speed limit is only going up on stretches of road where the limit was 75 miles per hour, now going up to 80 mph.

Full Story | Watch


Events