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.


24° 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!

 

Wednesday Afternoon Business Brief

November 14, 2012, 1:25 PM

Wednesday Afternoon Business Brief
  • Stocks have lost ground again today on Wall Street. The Dow has been down more than 100 points.
  • Speaking at a news conference today, President Barack Obama said the economy cannot afford a tax increase on all Americans. He called on congressional Republicans to support an extension of existing tax rates for households earning $250,000 or less. He expressed confidence that an agreement can be reached with Congress to avoid the "fiscal cliff."
  • The Federal Reserve's latest meeting minutes, just released, indicate the central bank will likely launch a new bond-buying program in December. The current program, to sell short-term Treasurys to buy longer-term securities, is set to expire at year-end.
  • Americans sent retail sales lower last month, amid mixed impacts from Superstorm Sandy. The Commerce Department says sales were down 0.3 percent after three months of gains.
  • Facebook has defied expectations for a decline today as more than 850 million additional shares in the company were freed up for potential sale. The stock was recently up 10 percent on the day.

Read more business stories on the Back To Business page.

Previous Story

Next Story




Sponsored
 

View business

You may also like

Wells Fargo Lays Off Handful Of Workers In Sioux Falls

2/3/2016 2:27 PM

Spokesperson Staci Schiller said nine employees were given a 60-day notice in its home lending department.

Full Story
Out-Of-Court Settlement Reached In Lawsuit Over Wildfire

2/1/2016 7:34 AM

Court documents indicate a federal judge has signed off on a confidential settlement between Black Hills Power and the 87 plaintiffs.

Full Story
IRS Phone Scam Costing KELOLAND Thousands

2/4/2016 3:05 PM

Those aggressive IRS scam calls plaguing KELOLAND have cost South Dakotans tens of thousands of dollars so far.

Full Story
Toppers Pizza To Open On East 10th Street

2/1/2016 4:13 PM

Toppers Pizza is adding a second Sioux Falls location.

Full Story
Bridgestone-Firestone Recalls Over 36,000 Truck Tires

2/6/2016 1:20 PM

Bridgestone-Firestone North America is recalling more than 36,000 heavy truck tires in the U.S. and Canada because the tread can separate from the bod...

Full Story


Events