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.


20° 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

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
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
South Dakotans: Fast Talking And Patient On The Phone

2/4/2016 7:51 AM

South Dakotans are ranked as the eighth fastest talkers in the U.S., behind Iowa at number 5 and Minnesota at number 2.

Full Story


Events