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.


73° 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!

 

Wednesday Morning Business Brief

February 1, 2012, 5:58 AM

Wednesday Morning Business Brief
For the Dow and the S&P, the January just completed was the best in 15 years. For the latest session, the Dow fell 21 points, while the S&P dropped less than a point to 1,312. The Nasdaq added 2 points to 2,814. Futures trading suggests a higher open.
  • International stock markets were mixed today as a modest improvement in manufacturing data from China offered reassurance over its economic slowdown. Asian markets fell back from early gains after the release later in the morning of a competing, seasonally adjusted survey. European shares rose in early trading. Benchmark crude oil hovered below $99 per barrel while the dollar rose against the euro but fell against the yen.
  • The Institute for Supply Management today releases its monthly reading on the manufacturing sector. Also this morning, the Commerce Department reports on December construction spending.
  • The Obama administration is about to detail a homeowner-friendly plan it hopes will ease a major drag on the economy. It would allow all homeowners to refinance at lower interest rates even if they owe more than their homes are worth. The major hurdle in Congress is that the program would be paid for by a fee on large banks.
  • An IMF debt inspector says negotiations for landmark debt deals with Greece will be concluded in a "matter of days." He's pressuring the recession-hit country to lower employment costs and even slash the minimum wage. The head of the International Monetary Fund's mission in Greece, Poul Thomsen, commented in an interview published today.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Plans Released For Pump Park in Brookings

3/27/2015 4:51 PM

The same company that designs BMX bike tracks for the Olympics is coming to South Dakota to create Brookings' newest park.

Full Story
RibFest Announces Concert Headliners

3/30/2015 8:40 AM

Montgomery Gentry, Cheap Trick, Uncle Kracker and Warrant are scheduled to perform at the annual event from May 28 to May 31. 

Full Story
Speed Limit Sign Changes

3/25/2015 6:06 PM

The speed limit is only going up on stretches of road where the limit was 75 miles per hour, now going up to 80 mph.

Full Story | Watch
How Much Do You Take Home In Pay?

3/30/2015 9:45 AM

How much does making $50,000 a year differ from one state to another, once you figure in taxes and cost of living?

Full Story
Woman Pushing For $20 Bill Makover

3/25/2015 9:54 AM

Barbara Ortiz Howard already has a day job maintaining apartment buildings near New York City. Now she has a second job and it's all about money. ...

Full Story


Events