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.


61° 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!

 

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




 
Find Local Businesses on KELO Pages!

View business

You may also like

Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story
Simply Mac Coming To Sioux Falls

7/28/2014 1:12 PM

Apple users will soon have another option for sales and service support.

Full Story
Dawley Farm Village Expands

7/25/2014 10:10 PM

If you don't live on the Sioux Falls east side, or haven't taken a drive over there lately, you may not have noticed all the new businesses.

Full Story | Watch
Sioux City Riverboat Casino Prepares For Last Day

7/30/2014 7:57 AM

The Argosy riverboat casino is preparing to take its last bets Wednesday, having told the Iowa Racing and Gaming Commission that it will close by 5 p....

Full Story


Events