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.


71° 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

July 16, 2012, 5:35 AM

Monday Morning Business Brief

Stocks were mixed last week, helped by Friday's strong rally. In the latest session, the Dow gained 204 points, or 1.6 percent to 12,777. The S&P added 22 points to 1,357. And the Nadsaq surged 42 points to 2,908. Futures trading suggests modest losses today.

  • Financial markets were subdued today ahead of a raft of U.S. corporate earnings statements that should shed more light on the state of the U.S. economic recovery amid Europe's continuing debt crisis. Benchmark crude oil fell below $87 a barrel. The dollar gained against the euro.
  • June retail sales data and May business inventories figures are due today from the Commerce Department. This week, Federal Reserve Chairman Ben Bernanke goes to testify before Congress about the economy and we also get the leading economic indicators.
  • A new survey by the National Association for Business Economics is finding less evidence of hiring, confirming the trend in recent monthly jobs reports from the government. In the NABE's quarter survey of 67 economists, 22 percent report rising employment in July, down from about 30 percent in the last three surveys. But only 9 percent report employment is actually falling.
  • A survey by the country's largest student lender shows families pinched by the rising cost of higher education are finding ways to economize. The Sallie Mae survey shows that the average amount spent on college by families declined by 5 percent in the 2011-12 school year.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Capital One Closing In Sioux Falls

7/23/2015 12:12 PM

Employees were told Thursday that the credit card company will close its Sioux Falls office by the end of the year.

Full Story
Allegiant Air Pilot Pleads With Tower To Make Emergency Landing

7/29/2015 1:58 PM

An Allegiant Airlines pilot declared a fuel emergency and had to land at a North Dakota airport even though the airport was closed for the Blue Angels...

Full Story
Lick The Spoon Closes East Side Location

7/29/2015 9:53 AM

Just a year after opening on East 10th Street and Bahnson Avenue in Sioux Falls, Lick The Spoon restaurant has closed its doors.  Angela Becker o...

Full Story
Fiat Chrysler To Pay Record Recall Fine

7/27/2015 9:32 AM

The settlement also forces the car maker to repurchase more than half a million Ram pickup trucks built between 2008 and 2012 because defective steeri...

Full Story
Picker's Flea Market Closing, Celebrate Church Expanding

7/24/2015 2:15 PM

Thorson ran several shops in Yankton before opening a store in Sioux Falls. The store will close August 16.

Full Story


Events