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.


77° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

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




 
Find Local Businesses on KELO Pages!

View business

You may also like

Historic Sioux Falls Building For Sale

9/15/2014 4:24 PM

The Carpenter Building on South Phillips Avenue in Sioux Falls is for sale for $4.2 million.

Full Story
Good Samaritan Society Responds To Changes In Industry

9/11/2014 10:05 PM

The largest non-profit senior care and services organization in the U.S is located right here in Sioux Falls, and like all branches of health care is ...

Full Story | Watch
Sioux Falls Named 41st In Best Small To Midsize Cities List

9/15/2014 1:43 PM

Sioux Falls comes in at number 41 on Livability.com's list of the nation's best small to midsized cities.

Full Story
Unbridled Business

9/15/2014 10:10 PM

Most of us think of successful online retailers as being located in big cities.  But the truth is when your customers are on the Internet, you ca...

Full Story | Watch
Special DC-3 Brought In For SF Regional Airport 75th Anniversary

9/11/2014 5:05 PM

Boardings are up and updates are underway, but those aren't the only reason the Sioux Falls Regional Airport is celebrating.

Full Story


Events