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.


55° 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

May 29, 2014, 5:35 AM

Thursday Morning Business Brief
NEW YORK -

Bond prices are surging and the yield on the 10-year Treasury note fell to its lowest in 11 months yesterday. At the same time, stocks are making modest gains. That's pushing major indexes to record levels. But yesterday, stocks edged lower. The S&P 500 lost two points, closing at 1,909. The Dow dropped 42 points, to 16,633. The Nasdaq fell 12 points to 4,225.

  • The government today will release the number of people who filed for unemployment insurance last week. And the Commerce Department will report the first-quarter gross domestic product. Also, Freddie Mac will release the weekly mortgage rates and the National Association of Realtors will issue its pending home sales index for April.
     
  • The price of oil was hardly changed today - near $103 barrel after falling sharply on expectations of a big drop in U.S. crude stockpiles. Benchmark crude for July delivery was up 6 cents to $102.78 a barrel in electronic trading on the New York Mercantile Exchange. The contract dropped $1.39 to close Wednesday at $102.72.
     
  • The 2014 Chevrolet Impala was the only non-luxury car to earn the highest safety rating in new tests of high-tech crash prevention systems. The Insurance Institute for Highway Safety tested cars equipped with collision warning and automatic braking systems. It gave a "superior" rating to cars that both warned the driver of a potential collision and applied the automatic brakes to significantly slow the cars.
     
  • Search giant Google is apparently having a hard time finding women and minorities to hire. Google says just 2 percent of its 50,000 employees are black, 3 percent are Hispanic, and 30 percent are women. The numbers were compiled as part of a report that major U.S. employers must file with the Equal Employment Opportunity Commission. A company official says Google's diversity is not where the firm wants it to be.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story
Simply Mac Coming To Sioux Falls

7/28/2014 1:12 PM

Apple users will soon have another option for sales and service support.

Full Story
Dawley Farm Village Expands

7/25/2014 10:10 PM

If you don't live on the Sioux Falls east side, or haven't taken a drive over there lately, you may not have noticed all the new businesses.

Full Story | Watch


Events