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.


66° 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

August 18, 2014, 7:23 AM

Monday Morning Business Brief
NEW YORK -

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




Sponsored

 


View business

You may also like

Woman Stands Up to Cyber Bullies After Man Calls Her 'Too Muscular'

8/26/2015 5:05 PM

A woman who builds up her body has a message for cyber bullies who tear others down.

Full Story | Watch
Brown County Commission To Look For New Fair Manager

8/25/2015 12:15 PM

The Brown County Fair Manager has been let go.

Full Story
GM Fund Rejects 91 Percent Of Ignition Switch Claims

8/24/2015 1:47 PM

The compensation fund led by lawyer Kenneth Feinberg approved 399 of the 4,343 claims filed and rejected 3,944.

Full Story
New Black Bears Arrive At Great Plains Zoo

8/25/2015 5:00 PM

It sounds like a story straight out of the cartoon Yogi Bear and Jellystone Park.  Two black bears from Grand Teton National Park in Wyoming were...

Full Story | Watch
Midco Rated Third For Speed By Netflix

8/26/2015 2:19 PM

You hear about video streaming problems all the time, but local Midcontinent customers are less likely to have issues.  

Full Story


Events