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.


70° 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!

 

Wednesday Business Brief

July 18, 2012, 6:08 AM

Wednesday Business Brief

With a Tuesday advance, the Dow has chalked up its third positive close for the month of July. The Dow was up 78 points, or 0.6 percent, to 12,806. The S&P rose 10, while the Nasdaq was up 13 points. Futures trading suggests a lower opening today.

  • Most Asian stock markets dropped Wednesday despite upbeat U.S. corporate earnings as the Federal Reserve chief warned another recession is possible without giving a hint at plans for stimulus. European markets advanced in early trading, having already digested Ben Bernanke's report. Benchmark crude oil fell below $89 a barrel. The dollar fell against the yen and gained against the euro.
  • Back to Capitol Hill today for Federal Reserve Chairman Ben Bernanke. He'll talk about the outlook and risks facing the economy before a House panel. Yesterday, he told members of the Senate Banking Committee that the central bank is still looking at signs of a slowdown, but wasn't ready to promise new action to boost growth.
  • The heads of three parties supporting Greece's month-old coalition government are working on final details of a $14.1 billion austerity package demanded by international rescue creditors. Conservative Prime Minister Antonis Samaras met with leaders of the Socialist party and small Democratic Left party today after five days of Cabinet-level talks failed to produce sufficient cuts.
  • Some of China's biggest companies, from tech giants to airlines and retailers, are warning of unexpectedly sharp drops in profit of up to 80 percent. The warnings add to the pressure on Beijing to reverse a painful economic slump. The woes facing even politically favored companies highlight the challenges for the authoritarian country's leaders.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Red Robin Hiring In Sioux Falls

6/24/2015 2:51 PM

There is evidence that Red Robin is coming to Sioux Falls.

Full Story
Wild Bat Found At Great Plains Zoo Tests Positive For Rabies

6/26/2015 11:19 AM

The Great Plains Zoo is warning visitors after a bat found on a sidewalk there tested positive for rabies.

Full Story
Presidential Proposal Would Expand Overtime Pay

6/30/2015 7:08 AM

Obama is unveiling a proposal to require overtime pay for workers who earn up to $970 per week, up from the current $455 threshold.

Full Story
Speed Limit Dropping To 75 MPH Along Stretch Of I-90

6/26/2015 1:53 PM

Starting next week, drivers on Interstate 90 will have to slow down from the Wyoming border to just west of Exit 55 in Rapid City.

Full Story
Moe's Southwest Grill Selects Sioux Falls Location

6/29/2015 12:41 PM

You will soon have a new option for chips and salsa, salads and tacos in Sioux Falls.

Full Story


Events