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.


74° 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 25, 2014, 6:24 AM

Monday Morning Business Brief
NEW YORK -

Investors are hoping the stock market will pick up steam this week. It paused on Friday, following four days of gains. The Dow Jones industrial average fell 38 points to 17,001. The S&P 500 index lost four points to close at 1,988. But the broad-based index rose 1.7 percent for the week. The Nasdaq composite added six points on Friday to end the day at 4,538. Futures point to opening gains this morning.

  • International stock markets are mostly higher today after top central bankers in Europe and Japan said support for their economies would continue and additional help is possible. London markets are closed for a holiday The dollar gained against the euro and the yen. Benchmark U.S. crude oil fell but remains above $93.50 a barrel.
     
  • Investors will focus on housing during the first two days of the week. The government will report today on new homes sales in July. On Tuesday, Standard & Poor's will release S&P/Case-Shiller index of home prices for June and the second quarter. Also, the government will release durable goods numbers for July and the Conference Board will issue its Consumer Confidence Index for August.
     
  • A new survey finds a majority of economists believe the Federal Reserve is doing the right things to help repair the U.S. economy. The National Association of Business Economists survey shows that a vast majority of economists believe the U.S. economy is at little risk of inflation in the coming years.
     
  • The travel industry got fee-happy coming out of the recession and now hotels are catching up with car rental companies and airlines. A new study released today by New York University professor Bjorn Hanson predicts hotels will take in a record $2.25 billion in revenue from fees this year, 6 percent more than in 2013 and nearly double that of a decade ago. Nearly half of the increase can be attributed to new surcharges and higher existing fees.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Sioux Falls Businesses Flooded

8/28/2015 6:00 PM

Homeowners aren't the only ones cleaning up flood water.  Many businesses were also flooded out in Thursday night's storm.  In fact,...

Full Story | Watch
McDonald's Will Launch All Day Breakfast On Oct. 6

9/1/2015 5:08 PM

If you're one of those people who hates missing the end of breakfast hours at McDonald's, hang on just a little longer: the chain says its bre...

Full Story
New Brewery Opens In Downtown Sioux Falls

9/3/2015 2:30 PM

WoodGrain Brewing Company opens Thursday on the main floor of the DocuTAP building on Phillips Avenue.  

Full Story
Caribou Coffee To Move Down The Street

9/3/2015 1:00 PM

The new location will replace a former Burger King near Minnesota Avenue and 33rd Street.

Full Story
New Buyer For Historic Sioux Falls Campus

8/28/2015 10:10 PM

They are stately buildings in the heart of Sioux Falls that have sat empty for two years - but now, the former School for the Deaf property on East 10...

Full Story | Watch


Events