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.


82° 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

January 29, 2013, 5:41 AM

Tuesday Morning Business Brief

The Dow and the S&P 500 are nearing their all-time closing highs, reached on Oct. 9, 2007. The Dow is about 282 points below its high and the S&P 500 is 65 points shy. Wall Street's rally took a pause yesterday. The Dow fell 14 points and the S&P 500 was off two. The Nasdaq rose four points. Futures are nearly unchanged this morning.

  • International World stock markets posted modest gains Tuesday as the feel-good factor lingered from near-record highs on Wall Street and signs of an upswing in U.S. manufacturing. Benchmark crude oil rose to near $97 per barrel. The dollar gained against the euro but fell against the yen.
  • Federal Reserve policymakers today begin a two-day meeting to set interest rates. Also today, Standard & Poor's releases S&P/Case-Shiller index of home prices for November and the Conference Board releases the Consumer Confidence Index for January.
  • A federal judge's ruling is expected today on a deal between BP and the government over the Gulf oil spill. Under the agreement, BP would plead guilty to manslaughter and other charges and pay a record $4 billion in criminal penalties. U.S. District Judge Sarah Vance can either accept the deal or reject the sentence and allow the company to withdraw from the agreement. She'll hear testimony from relatives of victims.
  • A report by a consumer group says a plan to save the government the cost of cutting paper checks to unemployment recipients is now costing jobless people millions of dollars in unnecessary bank fees. The National Consumer Law Center report says the fee-heavy cards are automatically issued by states that also require complicated paperwork or phone calls to set up direct deposit and fail to explain the card fees.

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