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.


33° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Accumulating snow possible Monday night - Tuesday. Storm Center Update.

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Thursday Afternoon Business Brief

July 17, 2014, 1:52 PM

Thursday Afternoon Business Brief
NEW YORK -

U.S. financial markets have turned lower in afternoon trading, giving back yesterday's gains. But stocks remain near record territory. Investors are considering a mixed bag of economic data and company earnings reports, while monitoring reports that a Malaysian jetliner was shot down over eastern Ukraine.

  • A tentative agreement has been reached to avert a strike by workers at the nation's largest commuter railroad. New York Gov. Andrew Cuomo made the announcement after Long Island Rail Road union leaders and officials from the Metropolitan Transportation Authority worked out final details at Cuomo's Manhattan office. The unions had been working without a contract since 2010.
     
  • Average U.S. mortgage rates have declined slightly this week. Mortgage company Freddie Mac says the nationwide average for a 30-year loan dipped to 4.13 percent, down from 4.15 percent last week. The average for the 15-year mortgage, a popular choice for people who are refinancing, edged down to 3.23 percent, compared with 3.24 percent last week.
     
  • The Senate has voted to extend an expiring program that would cushion the blow to insurance companies in the event of a massive terrorism attack. The program was enacted in the aftermath of Sept. 11, when insurance companies were reluctant to provide coverage for terrorism attacks. Under the program, the federal government pays a portion of the damages for attacks that cost more than $100 million. The House is considering a similar bill.
     
  • The House has passed a package of tax breaks designed to boost charitable donations. One provision provides tax breaks to people over 70 who make donations from their individual retirement accounts. Another reduces excise taxes on private charitable foundations. Other provisions provide tax breaks for landowners who donate land for conservation purposes, and businesses that donate food to food banks. The White House has threatened to veto the bill, which now goes to the Senate.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Other Place Bar And Grill Closed In Sioux Falls

2/24/2015 12:51 PM

According to its Facebook page, The Other Place Bar and Grill has closed. (function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.g...

Full Story
Touch Of Europe Permanently Closed

2/25/2015 4:29 PM

The Touch of Europe restaurant will be closed for good.

Full Story
Sioux Falls Approaching 'Magic Number'

2/23/2015 10:10 PM

It's a number that can support bigger businesses, more retail and restaurants.

Full Story | Watch
Pizza Restaurant Coming To Downtown Sioux Falls

2/25/2015 11:40 AM

Montana-based MacKenzie River Pizza is scheduled to open its first South Dakota location on September 1 at 11th Street and Main Avenue.

Full Story
Catholic School Tuition Hike Largest In Years

2/25/2015 3:10 PM

Sioux Falls Catholic Schools are facing a $5 million gap between tuition and what it cost to run the schools.  

Full Story | Watch


Events