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.


31° 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!

 

Thursday Afternoon Business Brief

January 19, 2012, 1:22 PM

Thursday Afternoon Business Brief
Stocks are holding on to modest gains rose at midday. Quiet trading has largely dominated on Wall Street so far in this new year.
  • With figures now in from the Commerce Department, 2011 will go down as the slowest on record for construction of single-family homes. Some recent signs of improvement have given analysts reason for hope this year.
  • Freddie Mac says the average for 30-year fixed-rate fixed mortgages is down again this week to a record low. However, the low level of rates isn't spurring as much activity as would typically be the case because many people have already used them to refinance or buy a home.
  • Apple has unveiled its strategy to try to make the iPad a replacement for traditional textbooks by starting to sell electronic versions of some high-school books. It also revealed iBook Author, an application for Macs that lets people create electronic textbooks.
  • France and Spain have sailed through their first bond market tests since Standard & Poor's downgraded their credit ratings last week. Both easily hit their targets amid strong demand, while the borrowing rates fell, suggesting investors are still happy to invest in them and have largely shrugged off S&P's decision to downgrade nine euro nations.

Previous Story

Next Story




Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

National Attention For Sioux Falls Bakery

12/15/2014 9:56 AM

A Sioux Falls bakery is getting more national recognition.  CH Patisserie has been named one of the top 75 bakeries in the nation by The Daily Me...

Full Story
Cliff Hangers Gallery Closes; Customers Want Items Back

12/15/2014 10:10 PM

For more than two decades, Cliff Hangers Gallery has been a fixture in Sioux Falls.  A couple of years ago, the business moved from Park Ridge Ga...

Full Story | Watch
What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story
Denny Sanford's Multi-Million Solution To Worker Shortage

12/16/2014 10:04 PM

Sanford's money provides half of the funds for a $50 million scholarship program at the state's technical schools to train workers to fill job...

Full Story | Watch


Events