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.


67° 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

May 27, 2014, 7:22 AM

Tuesday Morning Business Brief

The question that's lingering in the minds of investors as they ready for a shortened week of trading is will the economy ever come alive this year. So far, growth has fallen short of expectations, barely expanding in the first quarter after a strong finish to 2013. Wall Street had something to celebrate on Friday. The S&P 500 stock index closed above 1,900 for the first time. Futures point to a strong start after the holiday weekend.

  • International stock markets were muted today as tensions in the Ukraine and in the South China Sea flared, while hopes for further monetary easing in Europe helped push Japan's benchmark to its highest level in seven weeks. The dollar gained against the euro and slipped against the yen. Benchmark crude oil fell slightly but remains above $104 a barrel.
     
  • The Commerce Department will report the durable goods numbers for April today and Standard & Poor's will release the S&P/Case-Shiller index of home prices for March and the first quarter. Also scheduled for release today is the Conference Board's Consumer Confidence Index for May.
     
  • CEO pay is climbing higher and higher. An Associated Press/Equilar pay study finds that the median pay package for a CEO rose above eight figures for the first time last year. The head of a typical large public company earned a record $10.5 million, an increase of 8.8 percent from $9.6 million in 2012. A chief executive now makes about 257 times the average worker's salary.
     
  • A top European Union official says a proposed solution to a dispute over Ukrainian natural gas debts to Moscow would see Ukraine's gas company pay $2 billion to Russia's Gazprom this week. That would trigger talks on the price Kiev should pay for future deliveries as it tries to avert a supply cutoff. The official says both sides must still consult with their political leaders and the gas companies involved and they have until tomorrow evening to approve the deal.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Walmart Grand Opening In Northern Sioux Falls

8/13/2014 6:03 PM

Northwestern Sioux Falls and the surrounding communities have a new shopping option

Full Story | Watch
New Manufacturing Plant For Sioux Falls

8/13/2014 11:45 AM

A Sioux Falls company that manufactures commercial grain equipment will build a new 120,000 square foot factory in Jansmick Industrial Park in Sioux F...

Full Story
Sioux Falls To Get Burlington Coat Factory

8/14/2014 1:45 PM

It's a deal that's been in the works for more than a year.  Now Lloyd Companies has submitted plans for a new Burlington Coat Factory sto...

Full Story
Toy Store to Open Second Location At Dawley Farm Village

8/14/2014 3:50 PM

A Sioux Falls toy store is opening a second location at Dawley Farm Village.

Full Story
SF Food Scene Gets Some National Attention

8/15/2014 8:14 PM

Sioux Falls' local flavor is getting national attention.

Full Story


Events