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.


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

November 15, 2012, 5:38 AM

Thursday Morning Business Brief

The European Union's statistics office has made it official. The 17-country eurozone economy is back in recession. Eurostat says the eurozone economy contracted by 0.1 percent in the July to September period from the quarter before. The wider EU, which includes non-euro countries, avoided recession, with output increasing 0.1 percent during the quarter.

  • Stocks took a tumble in the latest session. The Dow lost 185 points, or 1.5 percent, to close at 12,571. The S&P fell 19 points, while the Nasdaq shed 37 points. Futures have pointed upward today.
  • International stock markets tumbled today as hopes began to fade for a quick agreement among U.S. leaders to avoid a "fiscal cliff" that could derail the world's biggest economy. Benchmarkcrude oil slipped but remained above $86 a barrel. The dollar fell against the euro but gained against the yen.
  • Weekly jobless claims are on today's economic calendar from the Labor Department. So is the government's main gauge of inflation at the retail level, the Consumer Price Index.
  • The foreclosure listing firm RealtyTrac says the pace is slowing for homes entering the foreclosure process or actually being repossessed. Some states have seen an increase but RealtyTrac says the decline at the national level could coincide with increases in home sales. That can make refinancing easier as well.

Find more business news on the Back To Business page of KELOLAND.com.

Previous Story

Next Story




Sponsored
 

View business

You may also like

Wells Fargo Lays Off Handful Of Workers In Sioux Falls

2/3/2016 2:27 PM

Spokesperson Staci Schiller said nine employees were given a 60-day notice in its home lending department.

Full Story
IRS Phone Scam Costing KELOLAND Thousands

2/4/2016 3:05 PM

Those aggressive IRS scam calls plaguing KELOLAND have cost South Dakotans tens of thousands of dollars so far.

Full Story
Bridgestone-Firestone Recalls Over 36,000 Truck Tires

2/6/2016 1:20 PM

Bridgestone-Firestone North America is recalling more than 36,000 heavy truck tires in the U.S. and Canada because the tread can separate from the bod...

Full Story
South Dakotans: Fast Talking And Patient On The Phone

2/4/2016 7:51 AM

South Dakotans are ranked as the eighth fastest talkers in the U.S., behind Iowa at number 5 and Minnesota at number 2.

Full Story
Legislature Delays Action On Amending Health Insurance Law

2/3/2016 10:40 AM

In 2014, Initiated Measure 17, coined "patient choice" by its supporters, got 62 percent of the vote.  

Full Story


Events