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.


11° 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!

 

Thursday Morning Business Brief

August 9, 2012, 5:59 AM

Thursday Morning Business Brief

Wall Street's recent rally took a breather Wednesday. The Dow added 7 points to 13,176. The S&P was down a fraction, while the Nasdaq dropped 5 points. Futures trading suggests a higher opening today.

  • International stock markets posted muted gains today after China's inflation rate eased, adding to hopes that Beijing will do more to stimulate the world's No. 2 economy. Benchmark crude oil fell slightly, hovering above $93 per barrel. The dollar gained against the euro and was unchanged against the yen.
  • Weekly jobless claims are on today's economic calendar. Also, the Commerce Department releases new trade figures.
  • New data show banks repossessed fewer homes in July than in the same month last year. Foreclosure listing firm RealtyTrac also finds that more U.S. homes started on the foreclosure path last month, as lenders tackled a backlog of mortgages gone unpaid.
  • The staggering financial crisis in Greece continues to take its toll on workers. Greece's statistical agency says unemployment has risen to a startling 23.1 percent in May - up from 16.8 percent a year earlier. An agency statement today says the worst affected group is young people under 25, where 54.9 percent are out of work.

You can find local business news on the Back To Business page of KELOLAND.com.

Previous Story

Next Story




Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Auto Dealer Chain To Pay Fine For Deceptive Ads

12/12/2014 11:41 AM

A family-owned chain of automobile dealerships located in Iowa, Montana and South Dakota will pay a $360,000 civil penalty for running deceptive ads.

Full Story
National Attention For Sioux Falls Bakery

12/15/2014 9:56 AM

A Sioux Falls bakery is getting more national recognition.  CH Patisserie has been named one of the top 75 bakeries in the nation by The Daily Me...

Full Story
Cliff Hangers Gallery Closes; Customers Want Items Back

12/15/2014 10:10 PM

For more than two decades, Cliff Hangers Gallery has been a fixture in Sioux Falls.  A couple of years ago, the business moved from Park Ridge Ga...

Full Story | Watch
What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story


Events