Powell signals higher interest rates. Here’s why Friday’s jobs report will affect Fed’s decision.
Federal Reserve Chairman Jerome Powell said this week that interest rate increases could be higher and come faster if Friday’s unemployment data shows the nation’s labor market isn’t cooling off. Stock indexes fell after his comments. That’s been a familiar pattern over the past year as the federal bank has tried to combat inflation. A […]
Business community greets new law to recognize out-of-state licenses
SIOUX FALLS – A new law to recognize out-of-state licenses for most professions in South Dakota will “do a lot of good” for the state’s economy, according to Ken Amundson, president of Midwestern Mechanical in Sioux Falls. “There will be more tradespeople coming to the state when they don’t have the red tape to deal […]
Sioux Falls leaders bring high-schoolers to workforce event with hopes of stemming ‘brain drain’
SIOUX FALLS — High-schoolers received special focus at a day-long workforce summit Wednesday at the Sioux Falls Convention Center. The Sioux Falls Development Foundation hosted the WIN Summit. The event featured guest speakers and community business leaders sharing insights, and opportunities for young people to build relationships with those leaders. Approximately 70% of in-state students […]