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.


50° 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!

 

Saturday Business Brief

February 8, 2014, 5:07 PM

Saturday Business Brief

Some investors are breathing a sigh of relief after the stock market rebounded from a deep slump earlier in the week to muster the first positive five-day stretch after three weeks of declines. Yesterday's modest gains added to a strong finish for stocks a day earlier. The Dow gained 1.1 percent. The S&P 500 rose 1.3 percent and the Nasdaq increased 1.7 percent.

  • Increasing demand for fuel and some positive sentiment about the job market are leading to higher oil prices. Yesterday, benchmark crude for March delivery gained $2.04, or 2.1 percent, to close at $99.88 a barrel on the New York Mercantile Exchange. At the gas pump, the average price for a gallon held steady at $3.27.
     
  • The incoming chairman of the Senate Finance Committee says he'll make revamping the federal income tax system a top priority. Sen. Ron Wyden calls the tax system a "dysfunctional, rotten mess." The Oregon Democrat also says he'll focus on creating jobs for the middle class and strengthening the guaranteed benefits of Medicare while holding down costs.
     
  • The federal government says it's updated the HealthCare.gov website to fix a wrinkle that temporarily left some children without insurance coverage. The Centers for Medicare and Medicaid Service tells New Hampshire Congresswoman Carol Shea-Porter that consumers can now use the website to report if someone was denied coverage and take steps to add the child to a subsidized plan.
     
  • Travelers are eager to see how American Airlines and US Airways resolve differences in amenities and frequent-flier programs now that they've merged into one carrier. In one area, leaders at American Airlines Group say they plan to go with American's practice of providing extra legroom with a few seats in the economy cabin, and charging passengers more to sit there.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Millions Of Android Phones At Risk For Heartbleed

4/15/2014 4:10 PM

If you've got an Android phone, your device could be susceptible to the Heartbleed security problem.

Full Story
Shrimp Prices Soar

4/16/2014 11:00 AM

The next time you order shrimp scampi of the menu, you may be in for sticker shock. 

Full Story
Headliners For JazzFest Announced

4/17/2014 10:54 AM

Plans are in place for JazzFest 2014 in Sioux Falls.

Full Story
Key Unlocks Gas Pumps For ID Thieves

4/14/2014 10:10 PM

Drivers who've fueled up in Rapid City are being warned that their debit and credit card numbers may have been stolen after "numerous" s...

Full Story | Watch
Eric Church Concert Near-Sellout Within Minutes

4/18/2014 5:55 PM

The first ticket sale to an event at the new Denny Sanford PREMIER Center proved to be a boon at the box office Friday

Full Story | Watch


Events

 
 
KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED