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.


76° 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!

 

Wednesday Afternoon Business Brief

September 19, 2012, 1:14 PM

Wednesday Afternoon Business Brief
  • Better news on the housing market has helped the stock market to post a modest rally. It has lifted the Dow above the 13,600 level.
  • Taken together, a reported increase in sales of previously occupied homes and word of further gains in home construction suggest the housing recovery is gaining momentum. The National Association of Realtors says sales of previously-owned homes rose nearly 8 percent in August to the highest in more than 2 years.
  • Goldman Sachs CEO Lloyd Blankfein says austerity measures are not what the U.S. economy needs right now. Speaking in Toronto, Blankfein said that, quoting here, "you can't austere yourself into a higher GDP".
  • Microsoft co-founder Bill Gates remains the nation's richest person by far. He takes the top spot on the Forbes 400 list for the 19th year running, with a net worth of $66 billion.
  • Oil prices have dropped for a third straight day. Benchmark crude was recently trading below $92 a barrel in New York.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Sioux Falls To Get Burlington Coat Factory

8/14/2014 1:45 PM

It's a deal that's been in the works for more than a year.  Now Lloyd Companies has submitted plans for a new Burlington Coat Factory sto...

Full Story
Two KELOLAND Target Stores Now Open Extended Hours

8/19/2014 12:16 PM

Night owls who enjoy shopping at Target will soon have a few more hours to browse the shelves.

Full Story
Toy Store to Open Second Location At Dawley Farm Village

8/14/2014 3:50 PM

A Sioux Falls toy store is opening a second location at Dawley Farm Village.

Full Story
SF Food Scene Gets Some National Attention

8/15/2014 8:14 PM

Sioux Falls' local flavor is getting national attention.

Full Story
Raven Balloons In Demand By Google

8/20/2014 9:10 AM

Raven Industries reports that sales for the second quarter are up to $94.5 million from $93.4 million the same time last year, due in part to Google&#...

Full Story


Events