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.

34° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options




[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Monday Morning Business Brief

August 18, 2014, 7:23 AM

Monday Morning Business Brief

The stock market is holding steady during the summer doldrums. Many traders are still on vacation. But as the new week begins, global news could be a catalyst for market moves as it was early Friday when worries over Ukraine surfaced. By the end of the day, however, the S&P 500 fell only a fraction of a point and the Dow declined 51 points. But the Nasdaq gained 12. Futures point to gains this morning.

  • European stocks bounced back Monday from Ukraine-related selling while Asian markets were subdued by further signs of weakness in China's property market. Benchmark U.S. crude oil fell below $96.50 a barrel. The dollar gained against the euro and the yen.
  • Investors will be looking over some reports on housing today and tomorrow. The National Association of Home Builders will issue its housing market index for August today. Tomorrow, the Commerce Department will report on housing starts for July. Also, Home Depot will report quarterly earnings before the market opens
  • China's government is cracking down on Mercedes-Benz, saying the carmaker violated anti-monopoly law and charged excessive prices for parts. A growing number of global automakers have been snared in an investigation of the industry. China's Xinhua News Agency says the luxury unit of Germany's Daimler AG abused its control over supplies of spare parts to engage in "vertical price-fixing."
  • Leading patient groups say insurance companies are beginning to find ways around anti-discrimination provisions which are a central goal of the nation's health care law. The insurance industry says critics are confusing legitimate cost-control with bias. Some state regulators, however, say there's reason to be concerned. More than 300 patient advocacy groups recently wrote Health and Human Services Secretary Sylvia Mathews Burwell to complain about some insurer tactics that "are highly discriminatory" and may violate the law.

Previous Story

Next Story



View business

You may also like

Avera To Purchase DAKOTACARE

11/19/2015 11:00 AM

With ownership, Avera would become the second-largest health insurer in the state.

Full Story
Board Of Education Member Had Multiple Contracts With State

11/23/2015 6:05 PM

That means in addition to her state salaries at USD and Northern State, Duncan earned an additional $124,000 in contracts from the Department of Educa...

Full Story | Watch
Board Of Education Member Also Has Contract With Dept. Of Ed

11/18/2015 6:00 PM

Duncan was also one of the independent evaluators for the GEAR UP program. She did that work for the University of South Dakota.

Full Story | Watch
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
Black Friday Shopping Starting on Thanksgiving

11/21/2015 5:43 PM

As more stores announce their Black Friday hours, the times are getting earlier and could even cut into your Thanksgiving meal.

Full Story