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.


66° 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!

 

Monday Morning Business Brief

April 16, 2012, 5:57 AM

Monday Morning Business Brief

Wall Street is coming off its worst week of the year. The Dow Jones industrial average fell 137 points on Friday and was off 1.6 percent for the week. The Nasdaq plunged 44 points on Friday and the S&P 500 lost 17. Futures trading suggests a higher opening today.

  • Another jump in Spain's borrowing costs weighed on international stock markets today amid fears one of Europe's biggest economies could eventually need a bailout. European stocks were mixed in early trading while Asian shares fell. Benchmark crude oil fell to near $102 a barrel. The dollar strengthened against the euro but fell against the yen.
  • This week's schedule of economic news starts with the Commerce Department releasing March retail sales figures this morning, and ends with a gathering of G-20 finance ministers and central bank leaders in Washington on Friday. In between are several updates on the housing market.
  • Democrats and Republicans are forcing votes in Congress this coming week on competing tax plans that affect millionaires and smaller businesses, and they know the proposals are doomed from the start. But their efforts are more aimed at voters in November's congressional and presidential elections. Neutral economists say neither bill would do much for the economy or job creation. Some political professionals are equally unimpressed.
  • Revelations of runaway spending by the General Services Administration for conferences and other events is getting a lot of attention in Washington this week with no fewer than four hearings -- two each in the House and Senate. The House Committee on Oversight and Government Reform is getting the first crack at the agency later today.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Millions Of Android Phones At Risk For Heartbleed

4/15/2014 4:10 PM

If you've got an Android phone, your device could be susceptible to the Heartbleed security problem.

Full Story
Shrimp Prices Soar

4/16/2014 11:00 AM

The next time you order shrimp scampi of the menu, you may be in for sticker shock. 

Full Story
Headliners For JazzFest Announced

4/17/2014 10:54 AM

Plans are in place for JazzFest 2014 in Sioux Falls.

Full Story
Key Unlocks Gas Pumps For ID Thieves

4/14/2014 10:10 PM

Drivers who've fueled up in Rapid City are being warned that their debit and credit card numbers may have been stolen after "numerous" s...

Full Story | Watch
Eric Church Concert Near-Sellout Within Minutes

4/18/2014 5:55 PM

The first ticket sale to an event at the new Denny Sanford PREMIER Center proved to be a boon at the box office Friday

Full Story | Watch


Events

 
 
KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED