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.


82° 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

December 12, 2012, 1:20 PM

Wednesday Afternoon Business Brief

Stocks have extended a recent winning streak. Investor sentiment has been helped apparently by the latest statement from the Federal Reserve, which aims to bring down unemployment.

  • The Federal Reserve pledges to spend $45 billion a month with the goal of keeping long-term interest rates low. And it says it plans to keep a key short-term rate near zero until unemployment drops below 6.5 percent.
  • European Union finance ministers have moved closer to creating a single supervisor for their banks. This, after France and Germany said they had largely patched up their differences over the new body's powers.
  • American Airlines is changing the way it charges you to fly. American will charge up to $88 more per round trip for passengers who want a basic ticket that includes checking baggage or changing the reservation later on. Currently the airline levies separate fees for those and other extras for everyone except premium passengers.
  • The person who led the federal government's response to the oil spill in the Gulf of Mexico in 2010 says she will leave her post at the end of February. A successor was not immediately announced for Jane Lubchenco, who is administrator of the National Oceanic and Atmospheric Administration.

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

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
McDonald's Will Launch All Day Breakfast On Oct. 6

9/1/2015 5:08 PM

If you're one of those people who hates missing the end of breakfast hours at McDonald's, hang on just a little longer: the chain says its bre...

Full Story
New Buyer For Historic Sioux Falls Campus

8/28/2015 10:10 PM

They are stately buildings in the heart of Sioux Falls that have sat empty for two years - but now, the former School for the Deaf property on East 10...

Full Story | Watch
South Dakota Farmer Named Treasurer Of World Soy Initiative

8/30/2015 11:20 AM

A soybean farmer from northeastern South Dakota has been picked to help develop U.S. soy in foreign markets by the American Soybean Association.

Full Story


Events