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.

15° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options




[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Thursday Afternoon Business Brief

August 30, 2012, 1:20 PM

Thursday Afternoon Business Brief

For the first time this week, the stock market is seeing some volatility. The key averages have been lower since the opening bell. Wall Street has a three-day weekend ahead.

  • Even with depressed consumer confidence, retail spending has been stronger in recent months. Retail chains today reported a rise in August numbers. And that came after the Commerce Department said July spending was the strongest in five months.
  • Freddie Mac says mortgage interest rates fell this week, now slightly above record lows reached earlier this year.  The average for 30-year mortgages fell to 3.59 percent.
  • The Carlyle Group says it is buying DuPont's performance coatings business for $4.9 billion in cash.   Carlyle's investments in the automotive and industrial segments already include Allison Transmission, PQ Corp. and Hertz.
  • says its Kindle fire is "sold out". That sets the stage for its news conference next week, at which it is widely expected to unveil a new model of the tablet computer.

You can find the latest business news on the Back To Business page of 

Previous Story

Next Story



View business

You may also like

Board Of Education Member Had Multiple Contracts With State

11/23/2015 6:05 PM

That means in addition to her state salaries at USD and Northern State, Duncan earned an additional $124,000 in contracts from the Department of Educa...

Full Story | Watch
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
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
Black Friday Shopping Starting on Thanksgiving

11/21/2015 5:43 PM

As more stores announce their Black Friday hours, the times are getting earlier and could even cut into your Thanksgiving meal.

Full Story
Some Black Friday Deals Are Not Deals

11/23/2015 4:51 PM

Recent research found just because something is called a doorbuster doesn't mean it's significantly discounted.

Full Story