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.


62° 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.

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

Wednesday Afternoon Business Brief

November 2, 2011, 1:16 PM

Wednesday Afternoon Business Brief
Stocks are on the rise today, after two days of heavy losses. Investors are hopeful that an international rescue package for Greece will still be enacted. The market got a mood boost with word of private jobs creation ahead of Friday's more important Labor Department report.
  • The Federal Reserve is describing a modestly improved outlook for the economy as it wrapped-up a two-day policy-setting session. The central bank is making no new policy prescriptions while noting that the economy has strengthened and that consumers have lifted spending.
  • The government says unemployment rates fell in about three-quarters of large U.S. cities in September. The Labor Department says unemployment rates fell in 280 large metro areas from August to September. They rose in 61 and were unchanged in 31.  That's the largest number of cities to see a decline since April. 
  • Some 40 House Republicans have joined some 60 Democrats in pressing Congress' special debt reduction committee to consider all options, including higher revenues, and shoot for $4 trillion in savings. The letter puts about one-sixth of House GOP lawmakers on record as saying the supercommittee should consider collecting more taxes to help shrink the enormous national debt, now at $14.8 trillion. Most Republicans have strongly opposed raising revenues to address the problem.
  • Discount retailer Syms Corp. and its Filene's Basement unit have filed for bankruptcy protection and plan to close all 46 of their stores. The stores, mostly in the Eastern U.S., employ nearly 2,500 people.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

You may also like

16-Year-Old Sioux Falls Teen Found

9/15/2014 10:53 AM

According to Sioux Falls Police, 16-year-old Piper Hyser was found Sunday afternoon.

Full Story
Vikings' Peterson Indicted For 'Reckless Or Negligent Injury To A Child'

9/12/2014 4:14 PM

According to reports, Minnesota Vikings running back Adrian Peterson has been indicted in Texas for ‘reckless or negligent injury to a child.&rs...

Full Story
Sioux Falls Officer Injured In Vehicle Crash

9/12/2014 10:55 AM

A Sioux Falls Police Officer was taken to the hospital by ambulance after a crash on his motorcycle this morning.

Full Story
Freeman Forfeits But Fights On

9/11/2014 10:00 PM

It looks like business as usual for the Freeman Flyers, running through drills and working on technique, but this week is anything but.

Full Story | Watch
Adrian Peterson Turns Himself In

9/13/2014 7:09 AM

Minnesota Vikings running back Adrian Peterson turned himself in to authorities in Texas Saturday morning after he was indicted by a grand jury for ch...

Full Story


Events