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.


63° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Tuesday Morning Business Brief

February 25, 2014, 5:33 AM

Tuesday Morning Business Brief

Investors hope yesterday's fade in late trading was just an anomaly, and not a new trend. They'll be looking for a quick start today when trading resumes after the market lost momentum in the final half hour. That kept the Dow Jones industrial average from finishing just short its record close on Jan.15. Futures point to slippage this morning

  • International stock markets were mostly lower today amid jitters about China's housing market and weakness in the country's currency.  Benchmark U.S. crude oil fell to just over $102 a barrel. The dollar fell against the yen and was little changed against the euro.
  • Among major business and economic reports today, Standard & Poor's releases the S&P/Case-Shiller index of home prices for December and the fourth quarter. And the Conference Board releases the Consumer Confidence Index for February. Among the quarterly reports due are those from Home Depot Inc. and Macy's Inc.
  • U.S. car owners are carrying higher auto loan balances but still making timely monthly payments.  Date released by credit reporting agency TransUnion show that auto loan debt per borrower grew 4.4 percent, to $16,769 in the final quarter of 2013, compared to a year earlier. It was the 11th consecutive quarter to post an annual increase.
  • Mt. Gox may have fallen. The website of the major Bitcoin exchange is offline today amid reports it suffered a debilitating theft, a new setback for efforts to gain legitimacy for the virtual currency. A "crisis strategy" report shared widely online that purports to be an internal Mt. Gox document says more than 740,000 Bitcoins are missing -- with a potential value of $350 million in losses.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Fruit From Walmart And Costco May Be Contaminated

7/22/2014 11:23 AM

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concern...

Full Story
Lance Armstrong Is Grand Marshal For Sturgis Ride

7/21/2014 3:02 PM

Dethroned cyclist Lance Armstrong has been named the official grand marshal of the mayor's ride to kick off the Sturgis Motorcycle Rally.

Full Story
New Mortgage Rules

7/16/2014 10:10 PM

This year, new mortgage rules went into effect to protect homeowners who are struggling. Potential buyers are also required to get education before en...

Full Story | Watch
First Frozen Yogurt Truck For Franchise In SD

7/17/2014 3:32 PM

People who attend JazzFest can cool down with frozen yogurt from the first Orange Leaf food truck in the nation

Full Story
Millennials Prefer Cash

7/21/2014 11:40 AM

Americans would rather put their money in the bank than make long-term investments in stocks

Full Story


Events