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.


75° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

Thursday Morning Business Brief

September 22, 2011, 5:45 AM

Thursday Morning Business Brief
Investors decided to sell on the news of the Federal Reserve's announcement yesterday. The Dow ended the session at 11,125 after a decline of 284 points or 2.5 percent. The S&P was down 35 points, while the Nasdaq shed 52 points.
  • World stocks skidded lower today, stung by the Federal Reserve's pessimistic assessment of the U.S. economy. In early trading. Britain's FTSE 100 dropped 3.2 percent, and Germany's DAX stumbled 3.4 percent and France's CAC-40 fell 3.6 percent. Japan's closed 2.1 percent lower, South Korea's Kospi slid 2.9 percent and Hong Kong's Hang Seng was down 4.9 percent.
  • Oil prices plunged to near $83 a barrel Thursday in Asia, extending losses from the previous session after the U.S. central bank warned that already weak economic growth could deteriorate further. Benchmark oil for November delivery was down $2.52 at $83.40 at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. Crude dropped $1.00 to settle at $85.92 on Wednesday.
  • The Labor Department this morning releases new claims for unemployment benefits. Also today, the Conference Board's index of leading indicators are due out.
  • Target is a victim of its own success. It drummed up so much hype around its exclusive, limited-time line by upscale Italian designer Missoni that its website crashed and was down for most of the day Sept. 13 - the day the collection was launched. Now some shoppers who bought the Missoni pieces are posting on Facebook and Twitter that their online orders were delayed and even canceled.

Previous Story

Next Story




Sponsored

 


You may also like

Lifeguard Rescues Girl From Sioux Falls Pool

7/28/2015 4:10 PM

An alert lifeguard pulled an unconscious child from Laurel Oak pool on Tuesday afternoon

Full Story
Josiah's Owner Says He's Targeted By Payday Loan Industry

7/28/2015 6:00 PM

The owner of Josiah's Coffeehouse & Cafe says it's an organized effort to put him out of business by the payday loan industry. 

Full Story | Watch
Allegiant Air Pilot Pleads With Tower To Make Emergency Landing

7/29/2015 1:58 PM

An Allegiant Airlines pilot declared a fuel emergency and had to land at a North Dakota airport even though the airport was closed for the Blue Angels...

Full Story
Second Fatal Crash In Black Hills Saturday

8/2/2015 1:35 PM

The name of a Colorado man who died in a motorcycle crash Friday has been released and another fatal crash Saturday has taken the life of an Ohio man.

Full Story
Deputy-Involved Crash Under Investigation

8/3/2015 6:16 AM

On Friday night, a deputy collided with a motorcycle while making a U-turn to stop another motorcycle that was speeding.

Full Story


Events