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.


34° 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 Evening Business Brief

October 5, 2012, 5:17 PM

Friday Evening Business Brief

Stocks turned mixed on Wall Street, after an early rally faded. The Dow added 35 points to 13,610. The S&P was little changed, while the Nasdaq composite dropped 13 points.

  • There was surprising good news on the job market, with the Labor Department reporting the unemployment report fell to 7.8 percent last month. More people found work and there were upward revisions in payrolls numbers for the previous months of July and August.
  • The Federal Reserve says Americans boosted their borrowing in August by the largest amount in three months. A big jump in use of student loans helped to drive the expansion in borrowing.
  • The Congressional Budget Office says the deficit for the just-completed 2012 budget year at $1.1 trillion. It marks the fourth straight year of trillion dollar deficits. The 2012 deficit was 7 percent of the size of the economy.
  • The price of oil fell today. Benchmark oil was down $1.83 to settle at $89.88 a barrel in New York.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

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
Pierre, Fort Pierre Grocery Stores Being Sold

11/28/2014 6:29 AM

Rapid City-based Lynn's Dakotamart is buying grocery stores in Pierre and Fort Pierre.

Full Story


Events