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.


56° 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

December 6, 2012, 1:22 PM

Thursday Afternoon Business Brief

Stocks continue to trade in a largely directionless pattern. Investors now await release of tomorrow's monthly jobs report.

  • A good sign for the job market. The number of people applying for unemployment benefits fell sharply last week. The Labor Department reports a decline of 25,000 in new claims, down to a seasonally adjusted level of 370,000.
  • There was a slight rise in mortgage interest rates last week, but not enough to make a big difference to prospective borrowers. Freddie Mac says the average for 30-year rates rose to 3.34 percent.
  • The European Central Bank is increasingly downbeat on the outlook for the zone using the euro. It looks for a contraction of 0.3 percent next year.
  • Apple CEO Tim Cook says the technology giant will begin to make one of its Mac computer lines in the U.S. next year. Cook told NBC many of the chips used in Apple products are already made in the U.S. and they account for a big part of the cost.

You can find more business news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story




Sponsored
 

View business

You may also like

Takata Air Bag Recall Becomes Biggest Ever In US

5/20/2015 5:19 AM

Takata's decision to add more than 18 million air bags to existing recalls comes following pressure from U.S. safety regulators.

Full Story
South Minnesota Ave. Burger King To Be Torn Down For Strip Mall

5/19/2015 2:06 PM

Demolition of the Burger King building will get underway June 1 and the strip mall will be complete in mid-October.  

Full Story
Moe's Southwest Grill Looks To Open Restaurant In Sioux Falls

5/18/2015 4:18 PM

The Mexican franchise Moe's Southwest Grill has picked a location in Sioux Falls, but has yet to seal the deal.  Moe's Southwest Grill st...

Full Story
Buildings Being Torn Down on 41st Street For New Strip Mall

5/19/2015 4:10 PM

A new strip mall is coming to 41st Street across from the Western Mall.  Lloyd Companies is taking out the K & H Car Wash, Mobil gas station ...

Full Story
Raven Industries Sales And Profits Significantly Down

5/19/2015 9:45 AM

Raven Industries is reporting significant first quarter profit losses.  Raven's net sales were down 31.4 percent to $70.3 million. Raven'...

Full Story


Events