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.


67° 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




 
Find Local Businesses on KELO Pages!

View business

You may also like

Former Sioux Falls Executive Investigated For Animal Abuse

8/28/2014 4:15 PM

A former Hot Stuff/Orion Foods President is being investigated for dog abuse in Canada.

Full Story
Westward Ho Country Club Changes Name

8/28/2014 12:56 PM

The Westward Ho Country club in Sioux Falls is changing its name to The Country Club of Sioux Falls.  Members were notified of the change on Thur...

Full Story
Cattle Spooked By LifeLight Noise

8/30/2014 3:58 PM

Farmers say the annual music event is louder this year, and it's causing some problems with their cattle.

Full Story
Sanford And First PREMIER Bank Hosting Concert For Employees

8/29/2014 11:30 AM

Employees from two Sioux Falls employers have an opportunity to see a private concert with two country headliners at the Denny Sanford PREMIER Center.

Full Story
Kraft Recalls American Cheese Singles

9/1/2014 3:59 PM

Before you pack those Kraft American Singles in your child's lunch, you'll want to check the date on the package.

Full Story


Events