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.


32° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

Most Popular Today


Wednesday Morning Business Brief

November 9, 2011, 5:42 AM

Wednesday Morning Business Brief
Relief over developments in Italy sent stocks higher yesterday on Wall Street. Stocks climbed after Italian Premier Silvio Berlusconi promised to resign after parliament passes economic reforms. The Dow Jones industrial average was up 102 points, the Nasdaq rose 32 and the S&P 500 was up 15. Futures trading suggests a retreat this morning.
  • Uncertainty over who will lead Italy through the debt crisis once Premier Silvio Berlusconi resigns slammed European stocks and bonds today. That pushed Rome's borrowing rates to worrying new highs. Earlier in Asia, sentiment had been boosted by the Berlusconi pledge, and some cheer from the news that China's stubbornly-high inflation fell in October.
  • Oil prices inched down to hover below $97 a barrel today in Asia. Receding inflation in China added to expectations that the world's second-largest economy can continue robust growth and strong demand for crude.
  • Mortgage giant Fannie Mae is asking the federal government for $7.8 billion in aid to covers its losses in the July-September quarter. The government-controlled company says it lost $7.6 billion in the third quarter, as low mortgage rates reduced profits and declining home prices caused more defaults on loans it had guaranteed. Fannie has received $112.6 billion so far from the Treasury Department.
  • This morning the Commerce Department releases wholesale trade inventories for September. And Federal Reserve Chairman Ben Bernanke speaks at a Fed conference on small business and entrepreneurship.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

You may also like

One Person Dead After Three-Vehicle Crash Near Brookings

11/15/2014 1:20 PM

One person is dead and three others injured in a three-vehicle crash on Interstate 29 south of Brookings.

Full Story
Name Of Person Who Died In Deadly Crash Released

11/16/2014 1:35 PM

Authorities have released the name of the person who died in a crash on Interstate 29 near Brookings on Saturday.

Full Story
New Charges Filed Against Faith Rasmussen

11/19/2014 4:59 PM

She's already admitted to running a large marijuana ring, now Faith Rasmussen is accused of arranging a deadly robbery.

Full Story
SF Teen Surprised By Garth Brooks

11/19/2014 2:17 PM

A legendary country music star gives support to a Sioux Falls family while their teenage daughter was in a Minneapolis hospital last week.

Full Story
New Indoor Racing & Recreation Business

11/19/2014 10:05 PM

For about four months out of the year, people in the Sioux Falls area can go go-kart racing and play mini golf.

Full Story | Watch


Events