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.


49° 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

October 30, 2012, 5:37 AM

Tuesday Morning Business Brief

Stock trading will be closed in the U.S. for a second day today because of Hurricane Sandy. Officials with both the New York Stock Exchange and Nasdaq sy they hope to reopen on Wednesday.

  • Analysts say there should be no major long-lasting impact to the U.S. economy from Hurricane Sandy. It is not seen challenging the record-breaking toll from Hurricane Katrina in 2005, which cost $108 billion and caused 1,200 deaths.
  • Trading on international stock markets is subdued today after a massive storm slammed into New York and forced a drenched and darkened Wall Street to suspend operations for a second day. What trading there was treaded upward. Benchmark crude oil for rose closer to $86 per barrel. The dollar fell against the euro and the yen.
  • Before the approach of Hurricane Sandy, the Conference Board decided to postpone release of consumer confidence data. It has been set for release today, but is now scheduled for release Thursday. Standard & Poor's releases S&P/Case-Shiller index of home prices for August this morning. Also, the Labor Department says it still plans to release the October jobs report Friday. That will be the last employment report before Tuesday's election.
  • Japan's central bank is stepping in to try to help the country's economy by easing monetary policy. The Bank of Japan is expanding a government bond-buying program following news of a further decline in industrial production. The program is intended to encourage borrowing and spending.

You can find the latest 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

Pierre Woman Wins On In-Flight Game Show

10/17/2014 12:10 PM

A South Dakotan is a winner on the Allegiant Airlines' first in-flight game show called "The Game Plane."  The reality show is film...

Full Story
Minimum Wage In South Dakota

10/13/2014 6:12 PM

An initiated measure on the South Dakota ballot this November proposes to raise the state's minimum wage from $7.25 per hour to $8.50.  Suppo...

Full Story | Watch
Pop-Up Holiday Shop Coming to Downtown Sioux Falls

10/15/2014 11:45 AM

Unglued: Christmas Market, will open in the space formerly occupied by the Book Shop in the Carpenter Building on Phillips Avenue from Nov. 20 through...

Full Story
Ebola Scams Surface

10/17/2014 2:15 PM

It was only a matter of time before scammers started capitalizing on the Ebola scare.  The Better Business Bureau is warning consumers about a va...

Full Story
Lumber Hunt

10/16/2014 10:05 PM

Connor Burtis is holding a treasure hunt with the ultimate prize: A handcrafted piece of furniture.

Full Story | Watch


Events