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.

27° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



Significant snowfall for KELOLAND on Monday. Click Here For Storm Center Update.



[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Most Popular Today

Thursday Morning Business Brief

August 7, 2014, 5:43 AM

Thursday Morning Business Brief

Investors are looking for more stability in the stock market. Stocks held steady yesterday after a sizable drop on Tuesday. The S&P 500 rose a fraction of a point Wednesday to 1,920. The index lost 18 points on Tuesday. The Dow industrials rose 14 points to 16,443 and the Nasdaq composite rose two points to 4,355.

  • Global stocks are mostly lower today as markets waited for central bank meetings in Europe and Japan. Investors are also on edge about tensions between Ukraine and Russia. Benchmarks indexes in Britain and France are lower, while Germany's DAX is flat. Japan's Nikkei added 0.5 percent, follow five straight losing sessions. Other Asian markets were down.
  • Russia is retaliating against sanctions imposed against it over the crisis in Ukraine. Moscow is banning imports of meat, fish, fruit, vegetables, milk and milk products from the United States, the European Union, Australia, Canada and Norway. Prime Minister Dmitry Medvedev says Russia is also considering banning Western carriers from flying over Russia on flights to and from Asia - a move that would significantly swell costs and increase flight time.
  • Bank of America may be close to resolving the federal investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis. A person directly familiar with the matter tells The Associated Press that the bank is nearing a $16 billion to $17 billion settlement, which would make it the largest Justice Department settlement arising from the economic meltdown in which millions of Americans lost their homes to foreclosure, topping the deals reached with Citigroup and JPMorgan Chase.
  • The government will release the weekly jobless claims number today. Also due out are the weekly mortgage rate report from Freddie Mac and the Federal Reserve's report on June's consumer credit data. Freddie Mac and Fannie Mae will report quarterly financial results as well. Selected chain retailers will release July sales today.

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