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.


90° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Friday Morning Business Brief

August 31, 2012, 5:44 AM

Friday Morning Business Brief

Stocks saw a bit of added volatility yesterday, for the first time this week. The Dow dropped 107 points to 13,001. The S&P declined 11 points, while the Nasdaq fell 32.

  • International stock markets were mixed today as investors waited for a speech by Fed Chairman Ben Bernanke, hoping for possible signs of new U.S. stimulus. Many Asian markets slipped while European exchanges showed gains in early trading. Benchmark crude oil rose above $95 per barrel. The dollar fell against the euro and the yen.
  • Once a year, the financial markets care about news coming out of Jackson Hole, Wyoming and today's the day. Federal Reserve Chairman Ben Bernanke addresses an annual conference. Investors and economists will be looking for clues about future monetary policy moves.
  • Official figures show that the unemployment rate across the 17 countries that use the euro remained at a record high of 11.3 percent in July, the same as in June but up 1.2 points from a year earlier. The data published today by the European Union's statistical agency, Eurostat, show the financial crisis continues to hurt the economy, with the jobless rate continuing to creep higher to record levels in Spain and Greece.
  • Samsung has won a round against Apple in Japan. A Tokyo court has dismissed Apple's claim that Samsung had infringed on its patent. Samsung lost a big decision in the U.S. but a number of other suits are pending globally over smartphones.

You can find more local business news on the Back To Business page of KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Two KELOLAND Target Stores Now Open Extended Hours

8/19/2014 12:16 PM

Night owls who enjoy shopping at Target will soon have a few more hours to browse the shelves.

Full Story
Toy Store to Open Second Location At Dawley Farm Village

8/14/2014 3:50 PM

A Sioux Falls toy store is opening a second location at Dawley Farm Village.

Full Story
SF Food Scene Gets Some National Attention

8/15/2014 8:14 PM

Sioux Falls' local flavor is getting national attention.

Full Story
Raven Balloons In Demand By Google

8/20/2014 9:10 AM

Raven Industries reports that sales for the second quarter are up to $94.5 million from $93.4 million the same time last year, due in part to Google&#...

Full Story
East 10th Street Turnaround

8/14/2014 10:00 PM

Any way you slice it, opening on East 10th Street in Sioux Falls was a good business decision for The Pizza Man.

Full Story | Watch


Events