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.


42° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

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

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Tuesday Afternoon Business Brief

January 15, 2013, 1:23 PM

Tuesday Afternoon Business Brief
  • Stocks are lower on Wall Street amid rising tensions over increasing the country's borrowing limit. Treasury Secretary Timothy Geithner told congressional leaders in a letter late yesterday that the U.S. government will reach its borrowing limit as soon as mid-February, earlier than expected. And Fitch Ratings is warning that the United States could lose its top credit rating if there's a delay in raising the debt ceiling.
  • Facebook CEO Mark Zuckerberg has unveiled a new search feature called "graph search," which lets users search their social connections for information about people, interests, photos and places. Facebook users will now be able to look for people who live in a specific city and share a specific interest. But to protect privacy, they'll only have access to content that has been shared with them.
  • The National Retail Federation says holiday sales rose 3 percent. That's below the trade group's forecast of a 4.1 percent gain. Non-store sales, including includes online sales, rose 11 percent. The season was marked by heavy discounting in its final days as stores tried to unload excess goods after shoppers held back on spending.
  • U.S. home prices continue to recover from the housing bust. Private data provider CoreLogic says home prices rose 7.4 percent in November compared with a year ago, the biggest year-over-year increase in 6½ years.
  • Fiat, Chrysler and a Chinese automaker have signed an agreement to expand manufacturing in China. The companies say the next step for their joint venture is to build Jeeps in China for the Chinese market. The agreement was signed at Chrysler headquarters in suburban Detroit.

Read more business stories on the Back To Business page.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Sioux Falls To Get Second Five Guys Location

10/29/2014 11:45 AM

Five Guys Burgers and Fries will open up a second location in Sioux Falls in the former Extreme Automotive building at 49th Street and Louise Avenue.

Full Story
Three Sushi Restaurants Back Open

10/27/2014 11:10 AM

The three sushi restaurants that closed last week in Sioux Falls were back open for business over the weekend.

Full Story
KELO TV/Argus Leader Poll: Medicaid/Teacher Pay

10/26/2014 6:00 AM

There are a number of big issues this election year, but there are also big issues that people won't be voting on next week, like raising teacher ...

Full Story
What To Buy In November

10/28/2014 3:59 PM

A new month is right around the corner, and that means DealNews has released its list of the best things to buy in November. 

Full Story
Airport Hotel Takes Shape

10/27/2014 11:38 AM

The $5 million hotel called the AeroStay at the Sioux Falls airport is taking shape.  Exterior walls are going up for the 76 rooms and the buildi...

Full Story


Events