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.


76° 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!

 

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 KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Big Box Competition Prompts 2 SD Stores To Close

10/1/2014 6:51 AM

Stores are closing in Pierre and Aberdeen as big box retailers move in, affecting more than two dozen workers.

Full Story
Latest SF Walmart Lawsuit Dismissed

9/30/2014 11:48 AM

A lawsuit filed by opponents of a south side Sioux Falls Walmart has been dismissed.

Full Story
Chicago Fire Rerouting Travelers In Sioux Falls

9/26/2014 11:25 AM

A fire in Chicago has grounded flights in Sioux Falls and across the country.

Full Story
Lawsuit Dismissal Rolls Back SF Walmart Road Blocks

9/30/2014 5:39 PM

A Sioux Falls judge has dismissed the latest lawsuit involving the south side Walmart.

Full Story | Watch
Brookings Manufacturer Expands

9/26/2014 1:30 PM

Counterpart, Inc. of Brookings has completed a 30,000-square-foot expansion of its manufacturing plant.

Full Story


Events