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.


23° 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


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Website Ranks The 25 Best Jobs For 2015

1/28/2015 5:12 AM

Physician assistants topped the list, which has an average base salary of $111,376.

Full Story
Rock Stars To Celebrate Pawn Shop Ground Breaking

1/23/2015 11:15 AM

Bret Michaels and Lita Ford will perform at the District on Wednesday, Jan. 28 to celebrate the ground breaking of Badlands Pawn.

Full Story
Long John Silver's Building To Become Taco Shop

1/23/2015 4:00 PM

The former Long John Silver's on Minnesota Avenue is going to become a Mexican fast food restaurant.  

Full Story
Refinery Issues Lead To Higher SD Gas Prices

1/27/2015 11:10 AM

For the first time in months, South Dakota's average gas price rose last week.  According to a AAA report, the increase is due to a series of...

Full Story
Proposed Egg Farm Drawing Complaints In Turner County

1/27/2015 7:30 AM

A Sioux Falls-based company hopes to more than double the number of egg-laying hens in South Dakota by opening a large chicken operation near Parker.

Full Story


Events