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.


31° 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!

 

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 KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Alco To Close Stores Across South Dakota

11/21/2014 2:03 PM

Several South Dakota cities will soon have one less store.

Full Story
Vern Eide Pays It Forward For Thanksgiving

11/22/2014 6:34 PM

Closer to home, families are out buying turkeys as we are less than a week away from Thanksgiving.

Full Story
Chris Tomlin & Rend Collective Coming To PREMIER Center

11/25/2014 11:04 AM

Some of the biggest names in Contemporary Christian music are coming to the Denny Sanford PREMIER Center.

Full Story
Downtown Delicatessen Ready To Reopen

11/25/2014 2:20 PM

A downtown Sioux Falls delicatessen will re-open just in time for the holidays.

Full Story
Some Online Shoppers Pay More Than Others

11/26/2014 9:57 PM

A lot of people will chose to skip the lines on Black Friday and opt for Cyber Monday to order their gifts online. 

Full Story | Watch


Events