OMAHA, N.E.(KELO)- Higher interest rates and a credit squeeze are hurting rural mainstreet businesses in our region. Community Bankers in the ten-state region say we are already in…or are heading in to a recession. Creighton University Economist Ernie Goss says the bankers have two main concerns. Goss says the Fed is signaling interest rate cuts… Read more »

SIOUX FALLS, S.D.(KELO)- The penalties are heavy, and many business owners aren’t even aware of it. Senator Mike Rounds is leading a group of lawmakers asking the treasury department to delay enforcement of a new rule. It requires companies to send information on people involved in business ownership. CPA Chuck Nelson of Sioux Falls there’s… Read more »

WASHINGTON, D.C.(KELO)- Pressure is mounting on the Biden Administration to secure our southern border. Last week, the administration closed off rail traffic in two key areas because migrants were hopping trains to get into the U-S. Congressman Dusty Johnson says the impact of that move is being felt here in South Dakota and throughout farm… Read more »

ABERDEEN, S.D. (Dakota News Now) – At it’s December meeting, the South Dakota Board of Regents approved the final facility plans for Northern State’s new business and health innovation center. The $31.5 million project will now begin construction in the spring, following the demolition of Lincoln and Briscoe Halls. The tentative date to finish construction… Read more »

ABERDEEN, S.D.(Press Release)- The Aberdeen Development Corporation (ADC) has been announced as a recipient of the SouthvDakota Governor’s Office of Economic Development Community Based Childcare Planning Grant.  The ADC has applied for these funds to assist the Aberdeen, South Dakota, community in developing innovative strategies that address childcare needs in the community. In July 2023,… Read more »

Washington, D.C.(Press Release) – On Friday, two provisions led by U.S. Representative Dusty Johnson (R-S.D.) in the 2024 National Defense Authorization Act (NDAA) were signed into law. The provisions would create a congressional charter for the National American Indian Veterans (NAIV) organization and ban the use of LOGINK, a Chinese Communist Party (CCP) state-controlled shipping… Read more »

MITCHELL, S.D.(KMIT)- We are only a few days away from Christmas, and some last minute shopping will likely be done.  Samantha Landau from TopCashBack dot com says one-third of Americans are last minute shoppers.  She has a few tips for those who have waited.  The first is to go digital. Since shipping items will not… Read more »

PIERRE, S.D.(KCCR)- Counties may not get much help from the South Dakota Legislature this year.  County finances were the focus of a summer study but Governor Kristi Noem’s budget only included money to set up a statewide public defender office.  District 24 Senator Jim Mehlhaff says he will work to adjust where the state’s alcohol… Read more »

MITCHELL, S.D.(KMIT)- AAA is projecting holiday travel to be up this holiday season both nationally and in South Dakota.  Shawn Steward of AAA says all modes of travel will see increases. He says a majority of those traveling will do so by car. Steward says AAA has also projected the busiest travel days for drivers.… Read more »