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.


42° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

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

Pierre Woman Wins On In-Flight Game Show

10/17/2014 12:10 PM

A South Dakotan is a winner on the Allegiant Airlines' first in-flight game show called "The Game Plane."  The reality show is film...

Full Story
Minimum Wage In South Dakota

10/13/2014 6:12 PM

An initiated measure on the South Dakota ballot this November proposes to raise the state's minimum wage from $7.25 per hour to $8.50.  Suppo...

Full Story | Watch
Pop-Up Holiday Shop Coming to Downtown Sioux Falls

10/15/2014 11:45 AM

Unglued: Christmas Market, will open in the space formerly occupied by the Book Shop in the Carpenter Building on Phillips Avenue from Nov. 20 through...

Full Story
Ebola Scams Surface

10/17/2014 2:15 PM

It was only a matter of time before scammers started capitalizing on the Ebola scare.  The Better Business Bureau is warning consumers about a va...

Full Story
Lumber Hunt

10/16/2014 10:05 PM

Connor Burtis is holding a treasure hunt with the ultimate prize: A handcrafted piece of furniture.

Full Story | Watch


Events