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.


71° 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
 

View business

You may also like

Takata Air Bag Recall Becomes Biggest Ever In US

5/20/2015 5:19 AM

Takata's decision to add more than 18 million air bags to existing recalls comes following pressure from U.S. safety regulators.

Full Story
South Minnesota Ave. Burger King To Be Torn Down For Strip Mall

5/19/2015 2:06 PM

Demolition of the Burger King building will get underway June 1 and the strip mall will be complete in mid-October.  

Full Story
Moe's Southwest Grill Looks To Open Restaurant In Sioux Falls

5/18/2015 4:18 PM

The Mexican franchise Moe's Southwest Grill has picked a location in Sioux Falls, but has yet to seal the deal.  Moe's Southwest Grill st...

Full Story
Buildings Being Torn Down on 41st Street For New Strip Mall

5/19/2015 4:10 PM

A new strip mall is coming to 41st Street across from the Western Mall.  Lloyd Companies is taking out the K & H Car Wash, Mobil gas station ...

Full Story
Raven Industries Sales And Profits Significantly Down

5/19/2015 9:45 AM

Raven Industries is reporting significant first quarter profit losses.  Raven's net sales were down 31.4 percent to $70.3 million. Raven'...

Full Story


Events