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.


69° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

Friday Morning Business Brief

September 2, 2011, 5:37 AM

Friday Morning Business Brief
Wall Street has started September with a slump, following a four-day rally at the end of August. The Dow Jones industrials fell 120 points yesterday, the Nasdaq was down 33 and the S&P 500 lost 14. Many investors chose to sell ahead of the August employment report coming out this morning.
  • Asian markets closed lower today. And in early trading, Britain's FTSE 100 fell 1.8 percent, Germany's DAX declined 2.7 percent and France's CAC-40 shed 2.3 percent. Wall Street is set to open lower, with Dow Jones industrial futures down 0.6 percent while S&P 500 futures are down 0.8 percent.
  • Oil prices hovered below $89 a barrel Friday in Asia. Benchmark oil for October delivery was down 25 cents to $88.68 at midday Singapore time in electronic trading on the New York Mercantile Exchange. Crude rose 12 cents to settle at $88.93 on Thursday. In London, Brent crude for October delivery was down 11 cents at $114.18 on the ICE Futures exchange.
  • Economists expect a mixed picture when the government issues its August employment report today. Analysts surveyed by Factset believe the economy added 93,000 jobs in August, suggesting that businesses likely shrugged off recession fears and kept hiring last month. But the unemployment rate is expected to remain 9.1 percent.
  • The problem with illegal or questionable mortgage paperwork is far more widespread than thought. The Associated Press has discovered that county officials carefully going through mortgage paperwork dating back to 1998 are finding that different people are signing the same name on documents and some papers were improperly notarized. And sometimes it can't be proven who owns the home.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

You may also like

Sutton Bay CEO Dies In UTV Rollover Crash

8/25/2014 2:34 PM

The CEO of Sutton Bay Resort in central South Dakota died after rolling his 2014 Polaris Ranger late Sunday night.

Full Story
Authorities Search For Missing Inmate

8/24/2014 10:43 AM

31-year-old Bridget Franzen failed to report to a work release job on Saturday, August 23.

Full Story
SF Mother, Daughter Admit To Large Drug Conspiracy

8/27/2014 10:54 AM

Faith Rasmussen, 21, and her 55-year-old mother Theresa Rasmussen admit they were bringing marijuana from California to South Dakota and distributing ...

Full Story
SF Drug Ring Involved 220 lbs. Of Marijuana

8/27/2014 5:48 PM

Her boyfriend was killed during a botched robbery in December in northwest Sioux Falls. Faith Rasmussen and her mother, Theresa, have now pleaded guil...

Full Story | Watch
Car vs. School Bus Crash Near Inwood, Iowa

8/26/2014 11:31 AM

Authorities in northwest Iowa are investigating a serious crash involving a car and a school bus.

Full Story


Events