User uShare 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.

26° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



 Winter Storm for November 30, 2015

Snow Outlook

Severe Weather

State Radar

Click here for local closings & delays

Send photos to

Storm Center Update



[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Monday Morning Business Brief

June 16, 2014, 5:34 AM

Monday Morning Business Brief

The widening insurgency in Iraq is raising fears on Wall Street that if oil prices continue to rise because of the violence in OPEC's No. 2 producer, U.S. economic growth in the second half of the year could fall short of estimates. But despite the problems, the stock market ended higher Friday. The S&P 500 climbed six points. The Dow gained 41 and the Nasdaq rose 13. Futures point to a lower opening as the trading week begins.

  • International stock markets mostly declined today as the turmoil in Iraq dampened sentiment and investors held back ahead of the Federal Reserve's monthly policy meeting later in the week. Benchmark crude oil rose above $107 a barrel. The dollar gained against the euro and fell against the yen.
  • The National Association of Home Builders will release its housing market index for June today. Also, the Federal Reserve will report America's industrial production numbers for May. On Tuesday, the Commerce Department will report May housing starts and the Labor Department will release the Consumer Price Index for May.
  • A European Central Bank policymaker is voicing concern that Europe may be too tough on banks as they undergo "stress tests" to measure their financial resilience. European officials are trying to make this year's new round of tests tougher than a 2011 version passed by some banks that then had to be bailed out. But Austrian national bank governor Ewald Nowotny, a member of the ECB's governing council, expressed his concern in comments to a German daily.
  • Greenpeace International has acknowledged losing 3.8 million euros ($5.2 million) on a bet the euro would not strengthen against other currencies in 2013- but it did. The environmental group, which is based in Amsterdam, said the money was lost by a now-fired employee who acted beyond the limits of his authority but had hoped to benefit the organization. Greenpeace is apologizing to supporters for the blunder and says there's no evidence of fraud. The group pledged not to reduce spending on campaigns to protect the environment.

Previous Story

Next Story



View business

You may also like

Fired GEAR UP Worker Defends Stacy Phelps

11/24/2015 6:05 PM

When the state pulled its multi-million dollar GEAR UP contract from Mid Central Educational Co-Op in September, all the current GEAR UP workers were ...

Full Story | Watch
Great Western Bank Buys Home Federal For $140M

11/30/2015 3:37 PM

The combined companies are projected to have $11.3 billion in assets, $8.5 billion in loans and $8.6 billion in deposits.

Full Story
Bison Ranch Owner By Turner Gets Permit For Feedlot Addition

11/25/2015 1:35 PM

Stanley County commissioners have approved a feedlot at a bison ranch owned by media mogul Ted Turner.

Full Story
Cyber Monday Sales Bring Down Target Website

11/30/2015 10:03 AM

Target’s website went down during Cyber Monday shopping Monday morning.

Full Story
City Of Sioux Falls Buying Homes In Area that Floods

11/24/2015 6:05 PM

Homeowners have the option to voluntarily sell their house if they are concerned about flooding or if they have had problems with flooding. By tearing...

Full Story | Watch