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.


75° 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

December 11, 2012, 5:39 AM

Tuesday Morning Business Brief

Stocks closed Monday trading on Wall Street with modest gains. The Dow added 15 points to end at 13,170. The S&P was up less than a point to 1,419. The Nasdaq gained 9 points to 2,987. Futures trading produced sluggish results ahead of this morning's opening bell.

  • International stock markets lost some steam today as efforts by U.S. leaders to reach a budget deal before the year's end appeared deadlocked and fears lingered that a leadership change in Italy could derail Europe's efforts to tackle its financial crisis. Benchmark crude oil rose but remained below $86 per barrel. The dollar fell against the euro but rose slightly against the yen.
  • On today's economic calendar, the Federal Reserve begins a two-day policy-setting. Also, the Commerce Department releases October international trade data.
  • U.S. and European officials are beginning to consider an about-face on trade issues in an effort to boost their struggling economies. After years of battling each other, very preliminary discussions have begun on joining forces in what could be the world's largest free trade pact. But sharp differences would have to be overcome on agriculture, food safety and climate change.
  • A new bond-buying plan could come out of the Federal Reserve this week at the end of its regular meeting. The goal would be to further reduce long-term interest rates and encourage borrowing by companies and individuals, perhaps softening the impact if there's no agreement to avoid the fiscal cliff.

You can find more business news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Allegiant Air Pilot Pleads With Tower To Make Emergency Landing

7/29/2015 1:58 PM

An Allegiant Airlines pilot declared a fuel emergency and had to land at a North Dakota airport even though the airport was closed for the Blue Angels...

Full Story
Lick The Spoon Closes East Side Location

7/29/2015 9:53 AM

Just a year after opening on East 10th Street and Bahnson Avenue in Sioux Falls, Lick The Spoon restaurant has closed its doors.  Angela Becker o...

Full Story
Filly Flair Set To Open Sioux Falls Store On Saturday

7/30/2015 5:18 PM

A successful online retailer is opening her first brick and mortar shop in Sioux Falls.

Full Story
Famous Wine Maker Planning Sioux Falls Development

7/29/2015 1:00 PM

Barber tells KELOLAND News while the plans still have yet to be finalized, they call for a couple of apartment buildings with eight to 12 units, as we...

Full Story
Fiat Chrysler To Pay Record Recall Fine

7/27/2015 9:32 AM

The settlement also forces the car maker to repurchase more than half a million Ram pickup trucks built between 2008 and 2012 because defective steeri...

Full Story


Events