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.


85° 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!

 

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




Sponsored

 


View business

You may also like

Sioux Falls Businesses Flooded

8/28/2015 6:00 PM

Homeowners aren't the only ones cleaning up flood water.  Many businesses were also flooded out in Thursday night's storm.  In fact,...

Full Story | Watch
Former School For The Deaf Campus Has New Buyer

8/27/2015 4:50 PM

A historic piece of property on East 10th Street in Sioux Falls has a new owner.

Full Story
McDonald's Will Launch All Day Breakfast On Oct. 6

9/1/2015 5:08 PM

If you're one of those people who hates missing the end of breakfast hours at McDonald's, hang on just a little longer: the chain says its bre...

Full Story
Casino Going In To 85th And Louise Strip Mall

8/27/2015 11:41 AM

A casino is the first signed tenant for Raintree On Louise at 85th Street and Louise Avenue.

Full Story
New Buyer For Historic Sioux Falls Campus

8/28/2015 10:10 PM

They are stately buildings in the heart of Sioux Falls that have sat empty for two years - but now, the former School for the Deaf property on East 10...

Full Story | Watch


Events