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.


30° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Thursday Morning Business Brief

October 4, 2012, 5:42 AM

Thursday Morning Business Brief

A pair of encouraging economic reports helped nudge stocks higher yesterday, but a steep drop in oil prices and a gloomy outlook from Hewlett-Packard's CEO held things in check. The Dow gained 12 points, the S&P 500 rose 5 and the Nasdaq added 15. Futures trading suggest gains at this morning's opening.

  • A pair of positive U.S. economic reports helped prod Asian stock markets higher today but enthusiasm wilted in Europe ahead of a bond auction in cash-strapped Spain that will test investor appetite. Benchmark crude oil rose but hovered below $89 per barrel after a big decline yesterday. The dollar fell against the euro and was nearly unchanged against the yen.
  • The Commerce Department releases August figures on factory orders. They were up last month, but one key component has been down four out of the past five months feeding concern that business are scaling back investment plans in the face of a slowing global economy. Also today, the Labor Department releases weekly jobless claims numbers.
  • A new report has positive news about delinquent credit card bills - there are fewer of them. The American Bankers Association says the percentage of bank-issued credit cards that were 30 days or more overdue fell to an 11-year low in the second quarter. Consumers are keeping a tighter grip on their finances amid economic uncertainty.
  • Officials say the leaders of France, Italy and Spain will hold a meeting in Malta that is likely to be dominated by economic issues related to Europe's debt crisis. The three will meet tomorrow while attending a Mediterranean summit of southern European and North African countries.

For the latest local business news, visit the Back to Business page of KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Sioux Falls Nail Salon Shut Down By SD Cosmetology Commission

10/30/2014 11:00 AM

The South Dakota Cosmetology Commission has shut down #1 Nails Salon in Sioux Falls.  The commission revoked the license of owner Ngoc Lan T...

Full Story
Nail Salon's License Revoked

10/30/2014 6:07 PM

Bribery attempts and safety and sanitary violations have put a Sioux Falls nail salon owner out of business.

Full Story | Watch
SD Unclaimed Property Fund Up To $65 Million

10/30/2014 1:45 PM

South Dakota's unclaimed property fund is now up to $65 million.

Full Story
Sioux Falls To Get Second Five Guys Location

10/29/2014 11:45 AM

Five Guys Burgers and Fries will open up a second location in Sioux Falls in the former Extreme Automotive building at 49th Street and Louise Avenue.

Full Story
Three Sushi Restaurants Back Open

10/27/2014 11:10 AM

The three sushi restaurants that closed last week in Sioux Falls were back open for business over the weekend.

Full Story


Events