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.


58° 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

February 7, 2014, 5:37 AM

Friday Morning Business Brief

Things are looking up for stock investors. All the major stock indexes posted their biggest gains of the year yesterday after the government said fewer people applied for jobless benefits last week. The Dow jumped 188 points, or 1.2 percent, to close at 15,628. The S&P 500 rose nearly 22 points, also 1.2 percent, to 1,773. The Nasdaq gained 45 points, or 1.1 percent, to 4,057. Futures point to gains at this morning's opening.

  • KUALA LUMPUR, Malaysia (AP) - International stock markets were higher today in anticipation of a positive U.S. jobs report for January. Evidence of healthy U.S. job growth would suggest that the world's biggest economy is still expanding solidly enough to support global growth. Benchmark U.S. crude oil fell just below $97.50. The dollar inched upward against the euro and the yen.
  • A government report saying fewer people applied for unemployment last week, combined with a private survey that showed solid U.S. hiring in January are apparently bolstering investors' confidence that today's January jobs report will be positive. Also this afternoon, the Federal Reserve will release December's consumer credit data.
  • Economists surveyed by FactSet are predicting a job creation rebound today when the Labor Department announces January employment statistics. The economists say 170,000 jobs were added, compared to only 74,000 in December. The 6.7 percent jobless rate is expected to stay the same.
  • When President Barack Obama heads to Michigan State University to sign the farm bill today, he'll be bringing a new initiative with him that he hopes will help boost exports. Obama plans to announce the "Made in Rural America" initiative, coupling the bill signing with the announcement of a program to connect rural businesses with federal resources that can help sell their products and services abroad.

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