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.


12° 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

September 26, 2012, 5:47 AM

Wednesday Morning Business Brief

The power of the Federal Reserve was in evidence yesterday as Wall Street suffered its worst sell-off in three months. The president of the Philadelphia Fed branch said he doubted the success of the central bank's attempt to foster growth and lower unemployment. That sent the Dow down 101 points to 13,458. The S&P lost 15, the worst drop since late June. Futures trading suggests a lower opening.

  • International stock markets dove today after pessimism about global growth prospects sparked Wall Street's worst sell-off in three months. The dollar rose against the euro but fell against the yen. Benchmark crude oil fell below $91 a barrel.
  • An update on the housing market is due today from the government. The report on tap this morning covers August new home sales.
  • A general strike is on in Greece to protest punishing austerity measures demanded by rescue creditors. It's the first general strike since the country's coalition government was formed in June. The protest will halt flights for hours and shut down everything from schools, ferry services and hospitals to shops and customs offices.
  • The already intense tablet wars are about to ratchet up even more. Barnes & Noble is rolling out two new versions of its Nook tablet with sleek new hardware and a sharper high-definition screen. The 7-inch version weighs in at $199 for starters while the 9-inch model starts at $270. The new Nooks are available for pre-order starting today.

For the latest local business news, visit the Back to Business page of KELOLAND.com.

Previous Story

Next Story




Sponsored
 

View business

You may also like

Wells Fargo Lays Off Handful Of Workers In Sioux Falls

2/3/2016 2:27 PM

Spokesperson Staci Schiller said nine employees were given a 60-day notice in its home lending department.

Full Story
IRS Phone Scam Costing KELOLAND Thousands

2/4/2016 3:05 PM

Those aggressive IRS scam calls plaguing KELOLAND have cost South Dakotans tens of thousands of dollars so far.

Full Story
Bridgestone-Firestone Recalls Over 36,000 Truck Tires

2/6/2016 1:20 PM

Bridgestone-Firestone North America is recalling more than 36,000 heavy truck tires in the U.S. and Canada because the tread can separate from the bod...

Full Story
South Dakotans: Fast Talking And Patient On The Phone

2/4/2016 7:51 AM

South Dakotans are ranked as the eighth fastest talkers in the U.S., behind Iowa at number 5 and Minnesota at number 2.

Full Story
Legislature Delays Action On Amending Health Insurance Law

2/3/2016 10:40 AM

In 2014, Initiated Measure 17, coined "patient choice" by its supporters, got 62 percent of the vote.  

Full Story


Events