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.


68° 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 Morning Business Brief

August 15, 2012, 5:41 AM

Wednesday Morning Business Brief
  • Stocks ended little changed in the latest session. The Dow gained nearly 3 points, while the S&P was down a fraction and the Nasdaq fell more than 5 points. Futures trading suggests a lower opening today.
  • International stock markets fell today as recession among euro nations and slowing growth in China offset flickers of improvement in the U.S. economy. Benchmark crude oil fell below $93 per barrel. The dollar fell against the euro but rose against the yen.
  • On today's economic calendar, the Labor Department today releases the July Consumer Price Index. The Federal Reserve releases industrial production for July, while the National Association of Home Builders reports on builder sentiment.
  • China's economic recovery is taking longer than expected. But facing a collapse in export growth and weak consumer spending, Beijing is avoiding an aggressive stimulus and sticking to a gradual strategy of small interest rate cuts and modest spending hikes. A big stimulus could set back efforts to nurture a self-sustaining expansion based on domestic consumption, reducing reliance on exports and investment.
  • Official figures show reduced unemployment in the United Kingdom. The Office for National Statistics reports the unemployment rate dropped to 8 percent from 8.2 percent in the three months to the end of June.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Three Sushi Restaurants Close After Owners Dispute

10/22/2014 10:05 PM

Your options for sushi in Sioux Falls have just been cut by three. The restaurants mysteriously shut down this week, leaving customers and employees a...

Full Story | Watch
Valentino's Restaurant For Sale

10/20/2014 12:18 PM

Prime real estate on 41st Street in Sioux Falls is for sale. Valentino's Restaurant at 41st Street and Western Avenue has been listed for $1.35 mi...

Full Story
Three Sushi Restaurants Suddenly Close In Sioux Falls

10/22/2014 4:45 PM

Three sushi restaurants have all closed for business in Sioux Falls.

Full Story
Long John Silver's Closes, Building For Sale

10/20/2014 12:31 PM

A longtime fast food option in Sioux Falls, the Long John Silver's restaurant is closing after more than 30 years in business. 

Full Story
SD Gas Prices Jump While Nation Approaches Four-Year Low

10/21/2014 11:00 AM

Gas prices have fallen to a nearly four-year low nationwide at an average of $3.09 a gallon.  AAA South Dakota says U.S. gas prices could drop to...

Full Story


Events