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.


69° 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

November 21, 2012, 5:40 AM

Wednesday Morning Business Brief

Stocks ended little changed in Tuesday trading. The Dow dropped 7 points to 12,789. The S&P and Nasdaq both gained less than a point. Futures trading suggests opening losses today.

  • International stock markets were mostly lower today after European Union officials held off on releasing a loan to debt-mired Greece and postposed further action until next week. Benchmark crude oil rose to nearly $87 per barrel. The dollar gained against the euro and the yen.
  • Before the Thanksgiving holiday, there's a feast of economic data. The Labor Department today releases weekly jobless claims. The Conference Board releases the index of leading economic indicators, while Freddie Mac reports on its weekly mortgage rate averages.
  • Greece has reacted with dismay to the European Union's failure to agree to release vital rescue loan funds for the debt-ridden country. The prime minister warns it is not just Greece's future that hangs in the balance. The delay prolongs uncertainty over the future of Greece, which faces a messy default that would threaten the entire euro currency used by 17 EU nations.
  • The tough economy has made an impact on travel for the Thanksgiving holiday. Tight family finances mean many Americans had to sacrifice summer vacations, rely on relatives for airfare or scour the Web for travel deals. And airlines struggling to save on jet fuel and other expenses have cut the number of flights, leading to a jump in airfares. Those hitting the roads face high gas prices. But AAA says the number of travelers will still be up just a bit from last year.

You can find more business news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Former Sioux Falls Executive Investigated For Animal Abuse

8/28/2014 4:15 PM

A former Hot Stuff/Orion Foods President is being investigated for dog abuse in Canada.

Full Story
Westward Ho Country Club Changes Name

8/28/2014 12:56 PM

The Westward Ho Country club in Sioux Falls is changing its name to The Country Club of Sioux Falls.  Members were notified of the change on Thur...

Full Story
PREMIER Bankcard Lawsuit Comes Down To Link

8/22/2014 10:00 PM

$5 million: that's the price tag on a lawsuit filed by a South Dakota credit card company, First PREMIER/PREMIER Bankcard against a credit card co...

Full Story | Watch
Single-Screen Theater Closed After Four Decades

8/23/2014 12:33 PM

A single-screen movie theater in Vermillion has closed after serving the area for more than four decades.

Full Story
Car vs Bus Crash Injures Two Teens

8/26/2014 6:00 PM

Two Iowa teenagers are hospitalized after colliding with a school bus early Tuesday morning.  It happened just east of Inwood on 240th Street at ...

Full Story | Watch


Events