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.


63° 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!

 

Thursday Afternoon Business Brief

February 2, 2012, 1:51 PM

Thursday Afternoon Business Brief
The Dow's down and the S&P and Nasdaq are seeing some gains as investors wait for tomorrow's government report on unemployment. The Labor Department says fewer people applied for jobless benefits last week. December's unemployment rate was 8.5 percent.
  • Ben Bernanke says the central bank's decision to hold interest rates at record-low levels for the next three years is a step to combat high unemployment while inflation is stable. The Federal Reserve chief was grilled today by the House Budget Committee. He says prices have stabilized since spiking in early 2011 and the dollar has shown no signs of weakening.
  • Americans were shopping in January, but not every store was feeling the love. Overall, merchants reported a 4.8 percent increase for January, up 3 percent from a trade group's expectation. Retailers that sell basic household goods did well, as did high-end chains. Stores selling mid-priced clothing were off.
  • The Obama administration is hoping new rules will help retirees. One proposal would make it easier for people with 401(k) plans to receive a portion of their funds as an annuity. That's a plan that pays out regularly over a lifetime.  Another would make fees charged in 401(k) plans more transparent.
  • The Senate is expected to approve a bill today that would ban insider trading by lawmakers as well as the executive branch. The bill would make lawmakers and top staffers file a public, online report within 30 days of buying or selling securities.

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
Rental Scam Targets Sioux Falls

4/11/2014 10:10 PM

If you're in the market to rent a house in Sioux Falls, you could be target of a scam.  Sioux Falls realtors say their home listings are bein...

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