Business

SIOUX FALLS, S.D. – The Federal Reserve Board raised the prime interest rate another quarter point this week, moving it to five-point two five percent. South Dakota Bankers Association President Karl Adam says the increase was expected. Adam says the impacts from the rate hikes takes some time to take effect. The higher interest rates […]

UNDATED – World Password Day falls on May 4 this year as an annual reminder of the importance of strong passwords. Much of our financial, social and recreational lives now depends on online transactions — and that means passwords galore. Your Better Business Bureau (BBB) reminds that a few simple keystrokes are all that stand […]

SIOUX FALLS, S.D. – There are signs that inflation may be easing, now the question becomes, “can we avoid a recession.” Creighton University economics professor Ernie Goss says the Mid-America economic survey shows a soft landing. That means some parts of the economy will fall into recession. He believes the construction industry is there. He […]

UNDATED – With National Nurses Week kicking off May 6, and nurses having a mean annual wage of more than $89,000, the personal-finance website WalletHub today released its report on 2023’s Best & Worst States for Nurses, as well as expert commentary. In order to help new nursing graduates find the best markets for their […]

UNDATED – Average gasoline prices in South Dakota have fallen 8.3 cents per gallon in the last week, averaging $3.44/g today, according to GasBuddy’s survey of 628 stations in South Dakota. Prices in South Dakota are 22.4 cents per gallon higher than a month ago and stand 54.9 cents per gallon lower than a year […]

DEADWOOD, S.D. – According to statistics released recently by the South Dakota Commission on Gaming, Deadwood’s March 2023 gaming handle was up 3.21 percent over March of 2022, with slot machine handle increasing by 3.00 percent, when compared to March of 2022. The table game handle increased by 7.80 percent when compared to 2022 March’s […]

UNDATED – Marshall, Minnesota-based Runnings has reached an agreement to purchase R.P. Home & Harvest, a family-owned company with 22 locations and one distribution facility across Illinois, Indiana, Ohio, and Wisconsin. Upon completion of the acquisition, Runnings’s footprint will expand to 80 retail locations, serving customers in 12 states from New York to Montana. Runnings […]

UNDATED – Some shoppers are surprised by service fees being added to their bills when they use a credit or debit card. South Dakota Retailers Association Executive Director Nathan Sanderson says businesses have some options with fees. Sanderson says rules are somewhat different between credit and debit cards. Sanderson says consumers should talk to businesses […]