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.


46° 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

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

Midco Customers Have Fastest Internet Speed In The Nation

9/9/2014 2:15 PM

The Internet is speeding up in the United States with Midcontinent Communications in South Dakota leading the way.  Midco landed the number one s...

Full Story
Local Company Takes Part In Internet Slowdown Day

9/10/2014 10:45 AM

Some Internet sites may be loading slower on Wednesday, and it is intentional.

Full Story
Oh My Cupcakes! Expands To Empire Mall

9/10/2014 1:45 PM

A popular cupcake shop in Sioux Falls will open up a "cupcake cart" near the center court in the Empire Mall next month.

Full Story
'No More Wiggle Room' In Vikings Stadium Schedule

9/10/2014 2:27 PM

A Minnesota Vikings official says there is "no more wiggle room" in the construction schedule for the team's $1 billion stadium after a ...

Full Story
Good Samaritan Society Responds To Changes In Industry

9/11/2014 10:05 PM

The largest non-profit senior care and services organization in the U.S is located right here in Sioux Falls, and like all branches of health care is ...

Full Story | Watch


Events