User uShare 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




[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Tuesday Morning Business Brief

August 7, 2012, 5:43 AM

Tuesday Morning Business Brief

Stocks began the week on an up note. The Dow gained 21 points, or 0.2 percent, to 13,118. The S&P was up 3 points, while the Nasdaq composite added 22. Futures trading suggests more gains at this morning's open.

  • International stock markets were moderately higher today, continuing to get a boost from an unexpected improvement in U.S. hiring that added to signs the global economy might be emerging from its downturn. Benchmark crude oil rose above $92 a barrel. The dollar was down against the euro but rose against the yen.
  • On today's economic calendar, the Federal Reserve releases monthly figures on consumer credit. Also, the Labor Department reports on the level of job openings in June.
  • Italy's recession has deepened with its economy shrinking for the fourth quarter in a row. Official government statistics released today show that that the economy contracted by 0.7 percent in the second quarter compared with the previous three months. It's also the worst year-on-year contraction since the fourth quarter of 2009.
  • Is everybody happy? Federal Reserve Chairman Ben Bernanke wants to know. Bernanke says gauging happiness can be as important for measuring economic progress as determining whether inflation is low or unemployment high. Bernanke says that in addition to money and benefits, economics is also about understanding and promoting "the enhancement of well-being."

You can find local business news on the Back To Business page of

Previous Story

Next Story



View business

You may also like

Great Western Bank Buys Home Federal For $140M

11/30/2015 3:37 PM

The combined companies are projected to have $11.3 billion in assets, $8.5 billion in loans and $8.6 billion in deposits.

Full Story
Bison Ranch Owner By Turner Gets Permit For Feedlot Addition

11/25/2015 1:35 PM

Stanley County commissioners have approved a feedlot at a bison ranch owned by media mogul Ted Turner.

Full Story
Cyber Monday Sales Bring Down Target Website

11/30/2015 10:03 AM

Target’s website went down during Cyber Monday shopping Monday morning.

Full Story
Zuckerberg Is A Dad, And He's Giving Away Most Of His Money

12/1/2015 4:04 PM

Facebook CEO Mark Zuckerberg and his wife announced the birth of their daughter Max as well as plans to donate most of their wealth, or roughly $45 bi...

Full Story
Proposed Ethanol Plant Getting $250,000 Government Grant

11/30/2015 10:23 AM

Ringneck Energy hopes to start construction next spring and have the plant operating in a year.

Full Story