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.


26° 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.
 Winter Storm for January 31-February 1, 2015

Snow Outlook

Severe Weather

State Radar


Click here for local closings & delays

Send photos to ushare@keloland.com

Storm Center Update

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Thursday Morning Business Brief

August 7, 2014, 5:43 AM

Thursday Morning Business Brief
NEW YORK -

Investors are looking for more stability in the stock market. Stocks held steady yesterday after a sizable drop on Tuesday. The S&P 500 rose a fraction of a point Wednesday to 1,920. The index lost 18 points on Tuesday. The Dow industrials rose 14 points to 16,443 and the Nasdaq composite rose two points to 4,355.

  • Global stocks are mostly lower today as markets waited for central bank meetings in Europe and Japan. Investors are also on edge about tensions between Ukraine and Russia. Benchmarks indexes in Britain and France are lower, while Germany's DAX is flat. Japan's Nikkei added 0.5 percent, follow five straight losing sessions. Other Asian markets were down.
     
  • Russia is retaliating against sanctions imposed against it over the crisis in Ukraine. Moscow is banning imports of meat, fish, fruit, vegetables, milk and milk products from the United States, the European Union, Australia, Canada and Norway. Prime Minister Dmitry Medvedev says Russia is also considering banning Western carriers from flying over Russia on flights to and from Asia - a move that would significantly swell costs and increase flight time.
     
  • Bank of America may be close to resolving the federal investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis. A person directly familiar with the matter tells The Associated Press that the bank is nearing a $16 billion to $17 billion settlement, which would make it the largest Justice Department settlement arising from the economic meltdown in which millions of Americans lost their homes to foreclosure, topping the deals reached with Citigroup and JPMorgan Chase.
     
  • The government will release the weekly jobless claims number today. Also due out are the weekly mortgage rate report from Freddie Mac and the Federal Reserve's report on June's consumer credit data. Freddie Mac and Fannie Mae will report quarterly financial results as well. Selected chain retailers will release July sales today.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Website Ranks The 25 Best Jobs For 2015

1/28/2015 5:12 AM

Physician assistants topped the list, which has an average base salary of $111,376.

Full Story
Refinery Issues Lead To Higher SD Gas Prices

1/27/2015 11:10 AM

For the first time in months, South Dakota's average gas price rose last week.  According to a AAA report, the increase is due to a series of...

Full Story
Proposed Egg Farm Drawing Complaints In Turner County

1/27/2015 7:30 AM

A Sioux Falls-based company hopes to more than double the number of egg-laying hens in South Dakota by opening a large chicken operation near Parker.

Full Story
Five Ways Unmanned Drones Could Affect The American Food Supply

1/25/2015 5:38 PM

Herding cattle. Counting fish. Taking an animal's temperature. Applying pesticides.

Full Story
Automakers Recall More Than 2M Vehicles For Faulty Air Bags

1/31/2015 11:43 AM

More than 2 million Toyota, Chrysler and Honda vehicles are being recalled for a second fix for faulty air bags that may inadvertently inflate while t...

Full Story


Events