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.


View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Report conditions in your area, send photos to ushare@keloland.com

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Wednesday Morning Business Brief

November 28, 2012, 5:54 AM

Wednesday Morning Business Brief

Stocks finished lower Tuesday. The Dow dropped 89 points to 12,878. The S&P fell 7 points to 1,399 while the Nasdaq lost nine points to 2,968. Futures trading suggests a lower open today.

  • Lack of progress in negotiations for a deal to avoid a U.S. budget crisis before a January deadline sent international stock markets lower today. Benchmark crude oil fell to hover just above $87 per barrel. The dollar gained against the euro but fell against the yen.
  • Part of today's focus will be on the housing market as the Commerce Department releases new home sales for October. The Federal Reserve has the Beige Book survey, prepared for the central bank's next policy-setting session.
  • The latest batch of government data suggests that the economy is improving just as the holiday shopping season begins. American consumers are growing more confident about the job market, companies are ordering more equipment and home prices are rising in most major cities. Experts say the big payoff could come next year, unless efforts to avert the fiscal cliff fail.
  • There's a half-billion dollars up for grabs tonight and all it will take is a $2 Powerball lottery ticket and a boatload of good luck. But past big money lottery winners warn that there's a downside, including others' greed, lost friends and an emotional roller-coaster of joy, anxiety, guilt and distrust. Experts say psychological planning is as important as financial planning.

Find more business news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Other Place Bar And Grill Closed In Sioux Falls

2/24/2015 12:51 PM

According to its Facebook page, The Other Place Bar and Grill has closed. (function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.g...

Full Story
Touch Of Europe Permanently Closed

2/25/2015 4:29 PM

The Touch of Europe restaurant will be closed for good.

Full Story
Sioux Falls Approaching 'Magic Number'

2/23/2015 10:10 PM

It's a number that can support bigger businesses, more retail and restaurants.

Full Story | Watch
Pizza Restaurant Coming To Downtown Sioux Falls

2/25/2015 11:40 AM

Montana-based MacKenzie River Pizza is scheduled to open its first South Dakota location on September 1 at 11th Street and Main Avenue.

Full Story
Catholic School Tuition Hike Largest In Years

2/25/2015 3:10 PM

Sioux Falls Catholic Schools are facing a $5 million gap between tuition and what it cost to run the schools.  

Full Story | Watch


Events