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.


40° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

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


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Huset's Speedway Purchased By Badlands Group

4/21/2015 5:18 AM

The longtime sprint car track near Brandon will be renamed Badlands Motor Speedway after the 2015 season.

Full Story
Shoppers Swarm Target For Designer Product Line

4/20/2015 1:14 PM

The retailer released its Lilly Pulitzer for Target collection, and many stores were sold out within minutes.

Full Story
Huset's Speedway Sold

4/21/2015 6:00 PM

Started back in the late 1950s, Huset's Speedway is almost as old as the dirt the cars race on.  But that's about to change.

Full Story | Watch
Multi-Million Dollar Athletic Center Planned For Sioux Falls

4/21/2015 5:03 PM

Plans are in the works for a 40,000 square foot athletic training center in southeast Sioux Falls.  With the Pentagon and the new tennis facility...

Full Story | Watch
Amazon Distribution Center In Shakopee Could Employ 1,000

4/22/2015 6:03 AM

The online retailer is asking the city of Shakopee for about $5 million in tax breaks to build the 820,000-square-foot center and warehouse.

Full Story


Events