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.


68° 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 21, 2013, 1:29 PM

Thursday Afternoon Business Brief

U.S. stocks are sliding for a second straight day. Oil prices are also plunging for a second day, raising hopes of a pause in the rise in gasoline prices. U.S. benchmark crude oil fell $2.24, or 2.4 percent, to $92.98 per barrel in afternoon trading in New York, the second drop of 2 percent in two days.

  • In the latest sign that inflation remains in check, consumer prices were flat in January from December for the second month in a row. The Labor Department says its consumer price index has risen 1.6 percent in the 12 months ending in January, down from a 2.9 percent pace a year ago.
  • Business and labor groups have announced agreement on a key priority for an immigration overhaul bill: creating a new system to bring lower-skilled workers to the U.S. The Chamber of Commerce and the AFL-CIO reached consensus after weeks of closed-doors negotiations they were conducting at the request of two senators involved in crafting an immigration deal on Capitol Hill.
  • Five of the biggest U.S. banks say they have cut struggling homeowners' mortgage balances by $19 billion, as part of a total $45.8 billion in relief provided under a landmark settlement over foreclosure abuses. A report today by the monitor of the settlement says more than 550,000 borrowers received some form of mortgage relief between March 1 and Dec. 31, 2012. That translates to almost $83,000 per homeowner.
  • Ford says it will start making a turbocharged four-cylinder engine in Cleveland to keep up with growing demand in the U.S. The automaker will invest $200 million into its engine plant in Brook Park, Ohio, near Cleveland, and add 450 jobs starting next year. Ford now imports the motors from a plant in Spain.

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
Harrisburg Sports Complex Nearly Complete

4/16/2014 7:15 AM

Perfect Practice Sports Academy is much bigger on the inside than what it looks like from the front doors. Soon, athletes of all a...

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