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.


71° 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

September 4, 2012, 5:40 AM

Tuesday Morning Business Brief

Wall Street comes back to work after a long holiday weekend. The market saw a gain for the key averages for the week, as well as for the month of August.

  • World stock markets have fallen Tuesday because of uncertainty about what authorities in the U.S., China and Europe might do to deal with a souring global economy. Stocks had posted gains on Monday based on assumptions that a contraction in China's manufacturing for August would be followed by the announcement of new measures to bolster growth. But the People's Bank of China appears to be resisting calls for more aggressive measures. European stocks have followed Asian markets lower.
  • A weaker dollar boosted oil prices Tuesday even as a resumption of refinery operations in the Gulf of Mexico in the aftermath of Hurricane Isaac eased concerns over supply disruptions. The Bureau of Safety and Environmental Enforcement said Monday that 800,000 barrels per day of oil production remained offline, 58 percent of Gulf of Mexico production. No major damage as reported.
  • A key reading on the U.S. manufacturing sector is due today from the Institute for Supply Management. Also today, figures on August car sales are expected from the major manufacturers.
  • Toys R Us is launching a layaway program Tuesday that waives its service fee and minimum purchase requirement. The move is intended to counter tough competition from online retailers. Retailers will be pulling out all the stops for customers as the intensely competitive holiday season approaches.

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
Fruit From Walmart And Costco May Be Contaminated

7/22/2014 11:23 AM

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concern...

Full Story
Third Walmart Preparing To Open In Sioux Falls

7/22/2014 6:10 PM

Sioux Falls latest Walmart store is preparing to open in just a few weeks.

Full Story
Deciding When To Collect Social Security

7/22/2014 10:10 PM

78 million Baby Boomers are retiring or preparing to retire.  The question they all face is when to draw their Social Security benefits. 

Full Story | Watch
Lance Armstrong Is Grand Marshal For Sturgis Ride

7/21/2014 3:02 PM

Dethroned cyclist Lance Armstrong has been named the official grand marshal of the mayor's ride to kick off the Sturgis Motorcycle Rally.

Full Story


Events