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.


35° 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

September 20, 2012, 5:44 AM

Thursday Morning Business Brief

Stocks posted modest gains in Wednesday trading. The Dow added 13 points to 13,578. The S&P was up nearly 2 points, while the Nasdaq surged nearly 5 points. Futures trading suggests a lower opening.

  • International stock markets turned lower today after weak Japanese trade figures and a contraction in Chinese manufacturing underlined that the global economy continues to struggle. Benchmark crude oil fell, hovering above $91 per barrel. The dollar gained on the euro but fell against the yen.
  • Yesterday's focus for new economic data was the housing market. Today reports shift gears to the index of leading indicators and weekly jobless claims.
  • New census data suggest that the U.S. economy is showing signs of finally bottoming out. The figures show that Americans are on the move again after record numbers had stayed put, and fewer young adults are living with their parents. About 12 percent of the nation's population moved to a new home in the past year. That's up from a low of 11.6 percent in 2011.
  • Sentencing is scheduled today in what prosecutors call the most serious price-fixing cartel ever prosecuted by the U.S. The Justice Department is demanding that a "remorseless" Taiwanese company pay a $1 billion fine and two former top executives each serve 10 years in prison. The global price-fixing scheme artificially increased the price of LCD screens used in televisions, computers and other electronic products.

Find the latest 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

Empire Mall Burger King Closes

3/22/2015 2:30 PM

The Burger King inside The Empire Mall in Sioux Falls is closing Sunday, March 22.

Full Story
Speed Limit Sign Changes

3/25/2015 6:06 PM

The speed limit is only going up on stretches of road where the limit was 75 miles per hour, now going up to 80 mph.

Full Story | Watch
Woman Pushing For $20 Bill Makover

3/25/2015 9:54 AM

Barbara Ortiz Howard already has a day job maintaining apartment buildings near New York City. Now she has a second job and it's all about money. ...

Full Story
New Car Wash To Open Near 26th St. & Sycamore Ave.

3/24/2015 3:48 PM

Sioux Falls will soon be home to a second Silverstar Car Wash.

Full Story
GM Ignition Switch Death Toll Rises To 74

3/23/2015 11:20 AM

Families of at least 74 people killed in crashes caused by defective General Motors ignition switches will get compensation from the company.

Full Story


Events