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.


21° 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!

 

Monday Morning Business Brief

December 31, 2012, 6:54 AM

Monday Morning Business Brief

The House and Senate will spend at least part of New Year's Eve in session waiting from some sort of deal they can vote on to avoid the so-called fiscal cliff of big tax hikes and steep spending cuts. There are still unresolved issues as negotiations continue.

  • Stocks fell for a fifth day Friday on concern that Washington lawmakers will fail to reach a budget deal before a year-end deadline. The five-day losing streak for the Dow Jones industrial average was the longest since July. The Dow lost 158 points to close at 12,938 Friday. The Standard & Poor 500 index fell 15 points and the Nasdaq dropped 25 points. Futures trading suggests gains at this morning's opening.
  • With just hours left before the U.S. hits the "fiscal cliff," international investors sold off stocks to lock in profits just in case budget negotiations in Washington fail. Some Asian markets are closed for the New year's holiday. Benchmark crude oil for February delivery rose to near $91 per barrel. The dollar gained against the euro and was unchanged against the yen.
  • It's a deal that could head off a possible doubling of milk prices next month. Sunday the top leaders in both parties on the House and Senate Agriculture committees agreed to a one-year extension of the 2008 farm bill that expired in October. House leaders have not yet set a vote while considering shorter term bills.
  • Ford says it expects to sell 2.2 million vehicles this year, with the Ford Focus being its most popular model. The Dearborn, Mich., company says it is the second year in a row it will sell more than 2 million cars. It sold more than 737,000 Ford Focuses through September and over 560,000 Fiestas.

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
Nail Salon's License Revoked

10/30/2014 6:07 PM

Bribery attempts and safety and sanitary violations have put a Sioux Falls nail salon owner out of business.

Full Story | Watch
SD Unclaimed Property Fund Up To $65 Million

10/30/2014 1:45 PM

South Dakota's unclaimed property fund is now up to $65 million.

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


Events