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.

61° 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!


Friday Afternoon Business Brief

January 11, 2013, 1:40 PM

Friday Afternoon Business Brief

Stocks are little changed on Wall Street as traders wait for a clearer picture on the outlook for corporate earnings. The Standard & Poor's 500 index has dropped below the five-year high it reached yesterday.

  • The U.S. annual budget deficit is on track to reach $1 trillion for a fifth straight year, despite a jump in tax revenue in December as people paid some taxes early to beat increases in 2013. The Treasury Department says the deficit is $292 billion for the first three months of the fiscal year that began Oct. 1. The actual size of the annual deficit will hinge, in part, on how Congress and the White House resolve a debate over raising the nation's borrowing limit.
  • Facebook is testing some "extreme price points" to let users pay to have their messages seen by people who are not their friends. The tech blog Mashable reports that some users trying to reach Mark Zuckerberg are being offered the option of paying $100 to ensure that their message gets to the Facebook CEO. Facebook is also testing a service that lets people pay $1 per message to route communications to non-friends' inboxes.
  • The Agriculture Department has released its final crop report for 2012, showing heavy losses due to the drought still gripping much of the nation. The year-end report shows farmers got less than three-fourths of the corn the agency initially expected when planting was done in the spring. Farmers say better crop technology saved them from more devastating losses, and production was helped by the large number of acres planted this year.
  • Supporters and opponents of the contentious gas drilling process called fracking have delivered tens of thousands of comments to New York state officials considering whether to allow it. Yoko Ono and her son Sean Lennon have led an intense 30-day effort opposing hydraulic fracturing. Industry representatives are arguing that proposed rules are so strict they'll effectively prevent drilling in New York.

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

Previous Story

Next Story



View business

You may also like

Stacy Phelps Resigns From Board of Education

10/2/2015 3:14 PM

Phelps administered the GEAR UP program which prepared and encouraged Native American students to enroll into higher educaton.

Full Story
Mitchell Superintendent Defends 'Second Job'

10/5/2015 10:02 PM

Our KELOLAND News investigation revealed some of the problems surrounding the multimillion dollar GEAR UP grant that caused the state to end its partn...

Full Story | Watch
Sioux Falls Floral Shop Fills Special Order For Elton John

10/1/2015 4:48 PM

Sir Elton John will be surrounded by beautiful flowers during his stop in Sioux Falls.

Full Story
Coffee Shop, Pizza Chain Both Opening In East Sioux Falls

10/2/2015 2:03 PM

Marco's Pizza filed a building permit to set up shop in a new stripmall on South Sycamore Avenue.

Full Story
Missing Documents On Secretary Of State Website

10/6/2015 6:05 PM

Half a million documents that are supposed to be on the South Dakota's Secretary of State website are not online.  The current Secretary Shan...

Full Story | Watch