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.


39° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Winter weather returns early this week.  Storm Center Update

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Tuesday Afternoon Business Brief

February 14, 2012, 1:41 PM

Tuesday Afternoon Business Brief
Stocks have backtracked today. Lacking a positive catalyst to move higher, the key averages were down about 0.4 percent at midday.
  • President Barack Obama has assured China's heir apparent to leadership that the U.S. welcomes Beijing's rise in the world, saying that strong cooperation between the two powers is good for the rest of the world. Obama offered a warm welcome to Chinese Vice President Xi Jinping amid sharp policy differences over Syria, Iran and economic issues.
  • Treasury Secretary Timothy Geithner has told Congress that the president's proposed $3.8 trillion spending plan would impose new taxes on only 2 percent of the nation's wealthiest families. He says the alternative would be to seek more painful cuts in other government programs such as defense, Social Security and Medicare.
  • The head of the Eurogroup, a gathering of eurozone finance ministers, says he has canceled a meeting on Greece's bailout planned for tomorrow as Athens did not fulfill all the demands. Jean-Claude Juncker, who is also prime minister of Luxembourg, says the Eurogroup was still missing information from Athens on how it plans to save promised $428 million.
  • Late payments on mortgages rose in late 2011, the second straight quarter-to-quarter increase after nearly two years of steady declines. Credit reporting agency TransUnion says 6.01 percent of mortgage holders were behind on their payments by 60 days or more in the October-to-December period. That's compared with 5.88 percent for the third quarter of 2011.

Previous Story

Next Story




Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

National Attention For Sioux Falls Bakery

12/15/2014 9:56 AM

A Sioux Falls bakery is getting more national recognition.  CH Patisserie has been named one of the top 75 bakeries in the nation by The Daily Me...

Full Story
Cliff Hangers Gallery Closes; Customers Want Items Back

12/15/2014 10:10 PM

For more than two decades, Cliff Hangers Gallery has been a fixture in Sioux Falls.  A couple of years ago, the business moved from Park Ridge Ga...

Full Story | Watch
What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story
Denny Sanford's Multi-Million Solution To Worker Shortage

12/16/2014 10:04 PM

Sanford's money provides half of the funds for a $50 million scholarship program at the state's technical schools to train workers to fill job...

Full Story | Watch


Events