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.


74° 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 28, 2014, 5:41 AM

Friday Morning Business Brief

Investors are hoping the stock market will finish the week on a high note. The market reached an all-time high yesterday. The S&P 500 hit the new milestone after strong earnings from a number of companies. The index rose nine points to 1,854. It last closed at a record 1,848 on Jan. 15. The Dow climbed 74 points to 16,272. And the Nasdaq climbed 27 points to 4,318.

  • International stock markets are mostly higher today following on Wall Street's record high despite concern over turmoil in Ukraine. Benchmark U.S. crude oil fell to just above $102 a barrel. The dollar edged down against the euro and fell against the yen.
  • There are two government economic reports scheduled for release today. The Commerce Department will report the fourth-quarter gross domestic product and the Labor Department will release state unemployment figures for January.  Also today, the National Association of Realtors will issue its pending home sales index for January.
  • Japan's finance minister says the apparent collapse of a major bitcoin exchange was entirely predictable, but that the demise of Mt. Gox happened sooner than he expected. The unplugging earlier this week of the Tokyo-based Mt. Gox bitcoin exchange and accusations it suffered a catastrophic theft have drawn renewed regulatory attention to the virtual currency. Finance Minister Taro Aso says "No one recognizes them as a real currency. Mt. Gox filed for bankruptcy protection today, acknowledging that a significant amount of the virtual currency had gone missing.
  • Official data show unemployment in the eurozone holding at a near record level. The European Union's statistics agency says the jobless rate for the 18-country eurozone was unchanged in January at 12 percent while inflation is stable. The unemployment rate has held steady since October.

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