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.


77° 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!

 

Thursday Afternoon Business Brief

December 6, 2012, 1:22 PM

Thursday Afternoon Business Brief

Stocks continue to trade in a largely directionless pattern. Investors now await release of tomorrow's monthly jobs report.

  • A good sign for the job market. The number of people applying for unemployment benefits fell sharply last week. The Labor Department reports a decline of 25,000 in new claims, down to a seasonally adjusted level of 370,000.
  • There was a slight rise in mortgage interest rates last week, but not enough to make a big difference to prospective borrowers. Freddie Mac says the average for 30-year rates rose to 3.34 percent.
  • The European Central Bank is increasingly downbeat on the outlook for the zone using the euro. It looks for a contraction of 0.3 percent next year.
  • Apple CEO Tim Cook says the technology giant will begin to make one of its Mac computer lines in the U.S. next year. Cook told NBC many of the chips used in Apple products are already made in the U.S. and they account for a big part of the cost.

You can find more business news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Woman Stands Up to Cyber Bullies After Man Calls Her 'Too Muscular'

8/26/2015 5:05 PM

A woman who builds up her body has a message for cyber bullies who tear others down.

Full Story | Watch
Sioux Falls Businesses Flooded

8/28/2015 6:00 PM

Homeowners aren't the only ones cleaning up flood water.  Many businesses were also flooded out in Thursday night's storm.  In fact,...

Full Story | Watch
Former School For The Deaf Campus Has New Buyer

8/27/2015 4:50 PM

A historic piece of property on East 10th Street in Sioux Falls has a new owner.

Full Story
Brown County Commission To Look For New Fair Manager

8/25/2015 12:15 PM

The Brown County Fair Manager has been let go.

Full Story
Casino Going In To 85th And Louise Strip Mall

8/27/2015 11:41 AM

A casino is the first signed tenant for Raintree On Louise at 85th Street and Louise Avenue.

Full Story


Events