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.


54° 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!

 

Monday Morning Business Brief

April 16, 2012, 5:57 AM

Monday Morning Business Brief

Wall Street is coming off its worst week of the year. The Dow Jones industrial average fell 137 points on Friday and was off 1.6 percent for the week. The Nasdaq plunged 44 points on Friday and the S&P 500 lost 17. Futures trading suggests a higher opening today.

  • Another jump in Spain's borrowing costs weighed on international stock markets today amid fears one of Europe's biggest economies could eventually need a bailout. European stocks were mixed in early trading while Asian shares fell. Benchmark crude oil fell to near $102 a barrel. The dollar strengthened against the euro but fell against the yen.
  • This week's schedule of economic news starts with the Commerce Department releasing March retail sales figures this morning, and ends with a gathering of G-20 finance ministers and central bank leaders in Washington on Friday. In between are several updates on the housing market.
  • Democrats and Republicans are forcing votes in Congress this coming week on competing tax plans that affect millionaires and smaller businesses, and they know the proposals are doomed from the start. But their efforts are more aimed at voters in November's congressional and presidential elections. Neutral economists say neither bill would do much for the economy or job creation. Some political professionals are equally unimpressed.
  • Revelations of runaway spending by the General Services Administration for conferences and other events is getting a lot of attention in Washington this week with no fewer than four hearings -- two each in the House and Senate. The House Committee on Oversight and Government Reform is getting the first crack at the agency later today.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Sioux Falls Nail Salon Shut Down By SD Cosmetology Commission

10/30/2014 11:00 AM

The South Dakota Cosmetology Commission has shut down #1 Nails Salon in Sioux Falls.  The commission revoked the license of owner Ngoc Lan T...

Full Story
Sioux Falls To Get Second Five Guys Location

10/29/2014 11:45 AM

Five Guys Burgers and Fries will open up a second location in Sioux Falls in the former Extreme Automotive building at 49th Street and Louise Avenue.

Full Story
Three Sushi Restaurants Back Open

10/27/2014 11:10 AM

The three sushi restaurants that closed last week in Sioux Falls were back open for business over the weekend.

Full Story
KELO TV/Argus Leader Poll: Medicaid/Teacher Pay

10/26/2014 6:00 AM

There are a number of big issues this election year, but there are also big issues that people won't be voting on next week, like raising teacher ...

Full Story
What To Buy In November

10/28/2014 3:59 PM

A new month is right around the corner, and that means DealNews has released its list of the best things to buy in November. 

Full Story


Events