User uShare 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.

18° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options




[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Tuesday Morning Business Brief

October 9, 2012, 6:07 AM

Tuesday Morning Business Brief

Stock prices lost some ground in Monday trading on Wall Street. The Dow fell nearly 27 points to 13,584. The S&P was down 5 points, while the Nasdaq dropped 24.

  • Wall Street begins to get some earnings reports to dig through. Beginning today, Alcoa and Yum Brands report their third-quarter results.
  • The International Monetary Fund is offering a bleak assessment of the world economy. The IMF forecasts it will expand 3.3 percent this year, down from the estimate of 3.5 percent growth it issued in July. Its forecast for growth in 2013 is 3.6 percent, down from 3.9 percent three months ago.
  • World stock markets are stalled after another dismal prediction about global economic growth, this time from the International Monetary Fund. European stocks dropped in early trading. The picture is not as bleak in Asia, where stocks are mixed.
  • Oil prices are staging a rebound after three days of losses. It's attributed to rising supply concerns due to the Syrian conflict and delays in shipments of North Sea oil. Benchmark crude for November delivery was up 48 cents to $89.81 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange.

Find the latest local news on the Back to Business page of

Previous Story

Next Story



View business

You may also like

Board Of Education Member Had Multiple Contracts With State

11/23/2015 6:05 PM

That means in addition to her state salaries at USD and Northern State, Duncan earned an additional $124,000 in contracts from the Department of Educa...

Full Story | Watch
Fired GEAR UP Worker Defends Stacy Phelps

11/24/2015 6:05 PM

When the state pulled its multi-million dollar GEAR UP contract from Mid Central Educational Co-Op in September, all the current GEAR UP workers were ...

Full Story | Watch
Bison Ranch Owner By Turner Gets Permit For Feedlot Addition

11/25/2015 1:35 PM

Stanley County commissioners have approved a feedlot at a bison ranch owned by media mogul Ted Turner.

Full Story
Black Friday Shopping Starting on Thanksgiving

11/21/2015 5:43 PM

As more stores announce their Black Friday hours, the times are getting earlier and could even cut into your Thanksgiving meal.

Full Story
Some Black Friday Deals Are Not Deals

11/23/2015 4:51 PM

Recent research found just because something is called a doorbuster doesn't mean it's significantly discounted.

Full Story