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.


46° 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!

 

Most Popular Today


Thursday Morning Business Brief

October 11, 2012, 5:33 AM

Thursday Morning Business Brief

Stocks are down so far this week, with the key averages down about 2 to 3 percent. In the latest session, the Dow fell 129 points, or 1 percent to 13,345. The S&P dropped 9 points, while the Nasdaq shed 13 points. Futures trading suggest modest gains at this morning's opening.

  • International stock markets are mixed today with Europe posting modest gains in early trading while Asia slumped after Spain, the fourth-largest euro economy, was slapped with a two-notch credit downgrade. Benchmark crude oil rose to near $92 per barrel. The dollar rose against the euro but fell against the yen.
  • On today's economic calendar, the Labor Department releases weekly jobless claims. Also on tap, the Commerce Department's international trade figures for August.
  • U.S. Treasury Secretary Timothy Geithner is talking about the economy with some optimism and says an Obama administration goal is to resolve the impasse with Congress that threatens to impose a so-called "fiscal cliff" of tax increases and deep spending. Geithner is attending a financial conference in Tokyo.
  • The unemployment rate in Greece rose to 25.1 percent in July, from 24.8 percent the month before, as the financial crisis continued to destroy jobs. Greece's statistical authority says in a statement today that in the worst-affected 15-24 age group, unemployment was 54.2 percent.

You can 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

South SF Walmart Faces Another Lawsuit

4/28/2015 11:44 AM

The south side Walmart faces another legal challenge.

Full Story
Valentino's Restaurant To Close In May

4/29/2015 11:05 AM

Valentino's Restaurant is getting ready to dish out its final pizza. The owners of the Italian buffet are ready to retire. 

Full Story
Sioux Falls Southside Walmart Sets Target Opening Date

4/28/2015 11:39 AM

Walmart says it is finalizing details on its planned store for 85th Street and Minnesota Avenue in southern Sioux Falls and plans to break ground in t...

Full Story
Tight Job Market Has Bank Offering Hiring Bonuses

4/29/2015 3:15 PM

A tight job market has one KELOLAND employer offering cold, hard cash to new hires and to the current employees who refer them. 

Full Story
Fareway Foods Files Building Permit For Second Sioux Falls Location

4/27/2015 4:30 PM

Fareway Foods has taken another step to build a second store on the city's southeast side.  

Full Story


Events