User uShare 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



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


[0] My Saved Articles
Back to all news


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

Previous Story

Next Story



View business

You may also like

Consumer Warning: Watch Your Bank Account For Small Fraudulent Charges At Walmart

10/12/2015 10:10 PM

If you're not in the habit of regularly checking your bank account, this story should be a wake-up call.  16 states have issued alerts about ...

Full Story | Watch
Mitchell School Board Meets As Superintendent Defends 'Second Job'

10/12/2015 5:02 PM

Questions concerning a million dollar grant could come up at Monday night's school board meeting in Mitchell.

Full Story
Windom Beef Plant Closing

10/13/2015 10:18 AM

A beef processing facility in southwest Minnesota is closing.

Full Story
Mid Central Takes Action On Finances, Dodges Questions About GEAR UP

10/8/2015 6:05 PM

While Dan Guericke is avoiding all questions about Westerhuis and GEAR UP, he couldn't avoid leading a public meeting of Mid Central Co-op's b...

Full Story | Watch
InBev, SABMiller Close To Beer Merger

10/13/2015 8:43 AM

AB InBev has been trying for nearly a month to get its hands on SABMiller but its previous offers have met with resistance.

Full Story