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.


39° 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




 
Find Local Businesses on KELO Pages!

View business

You may also like

National Pizza Franchise Coming To Sioux Falls

4/22/2014 4:24 PM

The South Dakota franchise owner of Marco's Pizza plans to open a third location in Sioux Falls at 5007 S. Louise Avenue, next to Noodles &am...

Full Story
It Looks Like A Credit Card, But It's Not

4/22/2014 10:01 PM

Small businesses often are short on cash or credit and in need of funding.  A California company is offering local businesses financing through t...

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
Redfield Drive-In To Stay Open

4/23/2014 6:00 PM

They continue to be a dying breed but not in Redfield. A family feared the local drive-in movie theatre would close and decided to take on the task of...

Full Story | Watch
City Of Worthington: Dilapidated Mall Is Due To Neglect From Ownership

4/21/2014 10:07 PM

The Northland Mall has been a mainstay in the Worthington community for over 35 years. The dilapidated shopping center has a leaky roof, which could l...

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