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.


53° 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.

Severe storms possible Sunday night: Click here for details.

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Thursday Evening Business Brief

November 1, 2012, 5:46 PM

Thursday Evening Business Brief

Stocks finished solidly higher today, helped by word of rising consumer confidence. For the Dow, the gain of 136 points was the best showing since mid-September. The S&P was up 15 points, while the Nasdaq surged nearly 43 points.

  • Retail chains reporting their October sales numbers had better than expected results. The trade group, the International Council of Shopping Centers, says sales were up 5 percent.
  • Two reports indicate that small businesses kept a slow pace of hiring during October. Payroll service ADP says small businesses added 50,000 workers last month, while medium-sized businesses added 27,000. The National Federation of Independent Business' survey indicated that employment at small companies rose only slightly during the month.
  • The average U.S. rate on a 30-year fixed mortgage slipped this week, but stayed near a record low. Freddie Mac says that the rate on the 30-year loan declined to 3.39 percent from 3.41 percent last week. Four weeks ago, the rate touched 3.36 percent, the lowest level on records dating to 1971.
  • Starbucks says more customers visited its stores in its latest quarter. The Seattle-based company says it earned $359 million, or 46 cents a share, slightly ahead of what analysts were expecting. Starbucks stock has edged higher in after-hours trading.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Wild Bat Found At Great Plains Zoo Tests Positive For Rabies

6/26/2015 11:19 AM

The Great Plains Zoo is warning visitors after a bat found on a sidewalk there tested positive for rabies.

Full Story
Presidential Proposal Would Expand Overtime Pay

6/30/2015 7:08 AM

Obama is unveiling a proposal to require overtime pay for workers who earn up to $970 per week, up from the current $455 threshold.

Full Story
Moe's Southwest Grill Selects Sioux Falls Location

6/29/2015 12:41 PM

You will soon have a new option for chips and salsa, salads and tacos in Sioux Falls.

Full Story
Speed Limit Dropping To 75 MPH Along Stretch Of I-90

6/26/2015 1:53 PM

Starting next week, drivers on Interstate 90 will have to slow down from the Wyoming border to just west of Exit 55 in Rapid City.

Full Story
New Outdoor Venue For Falls Park West

6/29/2015 5:07 PM

Mayor Mike Huether's Capital Improvement Plan includes $2.5 million for the Levitt project.

Full Story | Watch


Events