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.


62° 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


Monday Morning Business Brief

January 27, 2014, 8:23 AM

Monday Morning Business Brief

The stock market is still facing some headwinds today as trading resumes. Slower growth in China, a gloomier outlook for corporate profits; and an end to easy money policies drove investors out of stocks and emerging markets last week and led them to stash money in safer assets like bonds. A two-day rout in global markets was capped Friday by a 318-point drop in the Dow. Futures point to a slight rebound at this morning's opening.

  • International stock markets were pummeled today by the possibility of slowing growth in China and a further reduction in U.S. central bank stimulus. The dollar fell against the euro and the yen. Benchmark crude oil rose above $97 a barrel.
  • The Commerce Department will release new home sales figures for December today. It's the only government report due out.  But there are plenty of corporate financial results for investors to study. Before the market opens, Caterpillar and Royal Caribbean Cruises will report quarterly earnings. After the closing bell, it's Apple and US Steel. Also LG Electronics reports today.
  • The latest survey finds businesses are optimistic about 2014 performance, but it's not translating into plans for more hiring. The National Association for Business Economics survey finds only 37 percent expect to create jobs in the next six months, and 43 percent expect their companies to modestly hike selling prices this year.
  • A data analysis done for The Associated Press finds that the face of food stamp recipients is changing. For the first time, working-age people, not children and the elderly, make up the majority in U.S. households that rely on food stamps. The analysis by economists at the University of Kentucky finds it's due in part to the slow recovery, high unemployment, stagnant wages and an increasing gulf between low-wage and high-skill jobs.

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