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.


10° 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

January 4, 2013, 6:14 AM

Friday Morning Business Brief

Federal Reserve policymakers are split over how long to continue an economic stimulus program and that's creating uncertainty among investors. Mixed holiday sales reports from retailers and the prospect of a fiscal fight in Congress over the debt-ceiling sent stocks down Thursday. The Dow fell 21 points. The S&P 500 lost three points and the Nasdaq was down 11. Futures trading indicates a higher opening today.

  • Japan's benchmark stock index is the exeption this morning, soaring on its first trading day of the new year while other international stock markets stalled as enthusiasm faded over the last-minute budget deal reached in Washington. Benchmark crude oil fell but continues to hover above $92 per barrel. The dollar rose against the euro and the yen.
  • The Labor Department today releases employment data for December. Also, among the important economic data economists and investors will be looking at: The Institute for Supply Management's service sector index for December; and the Commerce Department's report on November factory orders.
  • Economists surveyed by FactSet predict December jobs data will show modest but steady hiring that added 155,000 jobs. They also predict unemployment in December remained at 7.7 percent. The government releases the official December data this morning.
  • Inflation across the 17 European Union countries that use the euro was unchanged at 2.2 percent in the year to December. Eurostat, the EU's statistics office, did not provide further details in its estimate released today. Inflation in the eurozone remains above the European Central Bank's target of "just below 2 percent."

You can find more business news on 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

Touch Of Europe Permanently Closed

2/25/2015 4:29 PM

The Touch of Europe restaurant will be closed for good.

Full Story
The City's Largest Construction Project Will Impact Thousands

3/2/2015 5:04 PM

It's being billed as the city's largest construction project this year at a cost of just under $9 million and it's going to impact thousan...

Full Story | Watch
Whiffer's Sandwiches Back Open For Business

3/2/2015 4:00 PM

Whiffer's Sandwiches is serving up lunch on Minnesota Avenue again.

Full Story
Costco Citigroup Partnership To Have Impact On Citibank In Sioux Falls

3/3/2015 2:45 PM

Costco is switching credit card company partnerships and that is going to have an impact on Citibank in Sioux Falls.  

Full Story
Eastside Restaurant Row

2/25/2015 10:10 PM

Dunkin' Donuts, Fazoli's, BurgerFi, Chipotle--all food chains that have indicated an interest in Sioux Falls.  Now the question is, what ...

Full Story | Watch


Events