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.


31° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Snow and blowing snow likely in NE KELOLAND, click here for details.

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Tuesday Morning Business Brief

August 7, 2012, 5:43 AM

Tuesday Morning Business Brief

Stocks began the week on an up note. The Dow gained 21 points, or 0.2 percent, to 13,118. The S&P was up 3 points, while the Nasdaq composite added 22. Futures trading suggests more gains at this morning's open.

  • International stock markets were moderately higher today, continuing to get a boost from an unexpected improvement in U.S. hiring that added to signs the global economy might be emerging from its downturn. Benchmark crude oil rose above $92 a barrel. The dollar was down against the euro but rose against the yen.
  • On today's economic calendar, the Federal Reserve releases monthly figures on consumer credit. Also, the Labor Department reports on the level of job openings in June.
  • Italy's recession has deepened with its economy shrinking for the fourth quarter in a row. Official government statistics released today show that that the economy contracted by 0.7 percent in the second quarter compared with the previous three months. It's also the worst year-on-year contraction since the fourth quarter of 2009.
  • Is everybody happy? Federal Reserve Chairman Ben Bernanke wants to know. Bernanke says gauging happiness can be as important for measuring economic progress as determining whether inflation is low or unemployment high. Bernanke says that in addition to money and benefits, economics is also about understanding and promoting "the enhancement of well-being."

You can find local business news on the Back To Business page of KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

New Indoor Racing & Recreation Business

11/19/2014 10:05 PM

For about four months out of the year, people in the Sioux Falls area can go go-kart racing and play mini golf.

Full Story | Watch
New Sioux Falls Shop Opens Thursday

11/19/2014 11:10 AM

Holiday shoppers will soon have a new spot to buy locally made gifts.

Full Story
Stroller Recall Due To Amputation Hazard

11/20/2014 9:45 AM

More than four million strollers sold in the United States are part of a recall.

Full Story
Alco To Close Stores Across South Dakota

11/21/2014 2:03 PM

Several South Dakota cities will soon have one less store.

Full Story
South Dakota Malls Will Open On Thanksgiving

11/21/2014 11:41 AM

Shoppers no longer need to stay up all night to get Black Friday deals.  More stores are opening on Thanksgiving, closing overnight and then reop...

Full Story


Events