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.


63° 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!

 

Most Popular Today


Friday Morning Business Brief

September 28, 2012, 5:52 AM

Friday Morning Business Brief

Stocks are coming off their first gain of the week. The Dow Jones industrial average rose 72 points yesterday to 13,486. The S&P 500 was up 14 to 1,447. The Nasdaq composite index added 43 to 3,137. Heading into the final session of the week, the key averages are down between 0.7 and 1.4 percent. Futures trading suggest a flat opening today.

  • International stock markets rose today after Spain announced severe budget cuts meant to show international lenders and investors that the country is taking steps toward getting its debt under control. Benchmark crude oil rose above $92 per barrel. The dollar fell against the euro and the yen.
  • Earlier this week, we heard that consumer confidence had risen this month. We'll find out today whether spending has seen any improvement lately. The Commerce Department releases personal income and spending for August.
  • Spain is set to reveal how much trouble its banking system is in when it releases the results of audits of 14 lenders today. The results will also help the country decide how much money it will tap from a $128 billion loan facility to prop up the country's financial sector.
  • The U.S. Postal Service is about to miss another big payment. Postmaster General Patrick Donahoe says the agency will be forced to miss the $5.6 billion payment due to the Treasury on Sunday, its second default in as many months. The Congressional assistance the service has been requesting for more than a year is on hold at least until Congress comes back after the elections.

For the latest local business news, visit the Back to Business page of KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Former Sioux Falls Executive Investigated For Animal Abuse

8/28/2014 4:15 PM

A former Hot Stuff/Orion Foods President is being investigated for dog abuse in Canada.

Full Story
Westward Ho Country Club Changes Name

8/28/2014 12:56 PM

The Westward Ho Country club in Sioux Falls is changing its name to The Country Club of Sioux Falls.  Members were notified of the change on Thur...

Full Story
Cattle Spooked By LifeLight Noise

8/30/2014 3:58 PM

Farmers say the annual music event is louder this year, and it's causing some problems with their cattle.

Full Story
Sanford And First PREMIER Bank Hosting Concert For Employees

8/29/2014 11:30 AM

Employees from two Sioux Falls employers have an opportunity to see a private concert with two country headliners at the Denny Sanford PREMIER Center.

Full Story
Car vs Bus Crash Injures Two Teens

8/26/2014 6:00 PM

Two Iowa teenagers are hospitalized after colliding with a school bus early Tuesday morning.  It happened just east of Inwood on 240th Street at ...

Full Story | Watch


Events