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.


39° 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.

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


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Huset's Speedway Sold

4/21/2015 6:00 PM

Started back in the late 1950s, Huset's Speedway is almost as old as the dirt the cars race on.  But that's about to change.

Full Story | Watch
Multi-Million Dollar Athletic Center Planned For Sioux Falls

4/21/2015 5:03 PM

Plans are in the works for a 40,000 square foot athletic training center in southeast Sioux Falls.  With the Pentagon and the new tennis facility...

Full Story | Watch
Amazon Distribution Center In Shakopee Could Employ 1,000

4/22/2015 6:03 AM

The online retailer is asking the city of Shakopee for about $5 million in tax breaks to build the 820,000-square-foot center and warehouse.

Full Story
New Men's Clothing Store

4/23/2015 10:21 PM

Downtown Sioux Falls has a new clothing store.  J.H. and Sons opened its doors along Phillips Avenue on Thursday night. 

Full Story
Sioux Falls Sisters Launch Online Shop

4/24/2015 10:10 PM

A pair of Sioux Falls sisters is bypassing brick and mortar and launching their own online women's clothing boutique. 

Full Story | Watch


Events