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.

36° 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!


Friday Afternoon Business Brief

October 5, 2012, 1:24 PM

Friday Afternoon Business Brief

Stock prices have been on the rise today, lifting the market to its highest level in nearly five years. Both the Dow and the S&P were above levels last seen in December 2007.

  • President Barack Obama says an encouraging jobs report shows that the country has made too much progress to turn back to the policies that he says led the nation into an economic crisis. The Labor Department reported that the jobless rate slipped to 7.8 percent, the lowest since he took office in 2009. Republican rival Mitt Romney says Obama still hasn't done enough to create jobs.
  • A new estimate from the Congressional Budget Office says the deficit for the just-completed 2012 budget year was $1.1 trillion. That would be the fourth straight year of trillion dollar deficits.
  • The Food and Drug Administration says salmonella has been traced back to a New Mexico plant where nut butters are made for Trader Joe's and several other grocery chains. Trader Joe's peanut butter is now linked to 35 salmonella illnesses in 19 states.
  • Anglo American Platinum has fired 12,000 striking miners for staging an unlawful strike that is one of several that are paralyzing South Africa's crucial mining sector. About 80,000 miners, representing 16 percent of the country's mine workforce, are taking part in wildcat work stoppages that have major economic and political implications for South Africa.

For the latest local business news, visit the Back to Business page of

Previous Story

Next Story



View business

You may also like

Avera To Purchase DAKOTACARE

11/19/2015 11:00 AM

With ownership, Avera would become the second-largest health insurer in the state.

Full Story
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
Board Of Education Member Also Has Contract With Dept. Of Ed

11/18/2015 6:00 PM

Duncan was also one of the independent evaluators for the GEAR UP program. She did that work for the University of South Dakota.

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
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