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.

17° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options




[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Monday Afternoon Business Brief

April 16, 2012, 2:14 PM

Monday Afternoon Business Brief

Stocks are mixed in afternoon trading. Investors are weighing competing news of strong retail sales in the U.S. against a troubling increase in Spain's borrowing costs. The Dow has spent the day in positive territory, but the broader indexes have wavered. The Nasdaq has been mostly lower, but the S&P 500 has edged back into positive territory.

  • The World Bank has chosen its next leader. He's current Dartmouth College President Jim Yong Kim. The 52-year-old Kim is a physician and a pioneer in treating HIV/AIDS and tuberculosis in the developing world -- a break from previous World Bank leaders who typically have been political, legal or economic figures.
  • Oil prices are edging lower today after weekend talks between Iran and world powers eased tensions about Iran's nuclear program. Benchmark U.S. crude was down 4 cents in New York, below $103 per barrel. Meanwhile, gasoline prices are averaging about $3.91 per gallon nationwide.
  • Foreign demand for U.S. Treasury debt rose to a record high in February at more than $5 trillion. China is the largest buyer of Treasury debt and it boosted its holdings to nearly $1.2 trillion. U.S. government debt is considered one of the world's safest investments and investor demand has risen in light of Europe's debt problems.
  • Federal safety regulators investigating transmission control problems with BMW 7-Series luxury cars have found 16 crashes and five injuries involving cars in the 2002 through 2008 model years. In some cases the owners may think the cars are in park when they actually are in neutral and the National Highway Traffic Safety Administration says the cars can roll away unexpectedly and crash.

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