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.


31° 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

May 28, 2014, 5:59 AM

Wednesday Morning Business Brief

Wall Street begins the day today on a high, after yesterday's performance. The S&P 500 rose for the fourth straight day yesterday, and ended at another all-time high. It closed up 11.38 points, or 0.6 percent, to 1,911.91. The Dow Jones industrial average gained 69.23 points, or 0.4 percent, to 16,675.50. And the Nasdaq composite climbed 51.26 points, or 1.2 percent, to 4,237.07. Futures point to morning gains.

  • International stock markets mostly rose today on upbeat data that reinforced confidence in the U.S. economic recovery. Benchmark crude oil rose to continue above $104 a barrel. The dollar gained against the euro and fell against the yen.
     
  • The Federal Trade Commission is urging Congress to tighten up rules for data brokers and help consumers control the vast amounts of personal information about them that's being collected. FTC Chairwoman Edith Ramirez says the amount of information being collected on consumers is "quite astonishing."
     
  • Germany's unemployment rate dropped to 6.6 percent in May, but the traditional springtime decline was smaller than expected. The Federal Labor Office says that 61,000 fewer people were without work compared with April, when the unemployment rate was 6.8 percent. Overall, 2.88 million people were without work in May. Germany's economy grew a robust 0.8 percent in the first quarter of 2014, and is widely predicted to grow about 1.9 percent this year overall.
     
  • Google is building a car without a steering wheel. Sergey Brin, co-founder of the technology titan, told a Southern California tech conference Tuesday evening that Google will make 100 prototype cars that drive themselves - and therefore do not need a wheel. Or brake and gas pedals. Instead, there are buttons for go and stop. A combination of sensors and computing power takes the driving from there.

Previous Story

Next Story




Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

National Attention For Sioux Falls Bakery

12/15/2014 9:56 AM

A Sioux Falls bakery is getting more national recognition.  CH Patisserie has been named one of the top 75 bakeries in the nation by The Daily Me...

Full Story
Cliff Hangers Gallery Closes; Customers Want Items Back

12/15/2014 10:10 PM

For more than two decades, Cliff Hangers Gallery has been a fixture in Sioux Falls.  A couple of years ago, the business moved from Park Ridge Ga...

Full Story | Watch
What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story
Denny Sanford's Multi-Million Solution To Worker Shortage

12/16/2014 10:04 PM

Sanford's money provides half of the funds for a $50 million scholarship program at the state's technical schools to train workers to fill job...

Full Story | Watch


Events