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.


63° 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!

 

Thursday Morning Business Brief

October 4, 2012, 5:42 AM

Thursday Morning Business Brief

A pair of encouraging economic reports helped nudge stocks higher yesterday, but a steep drop in oil prices and a gloomy outlook from Hewlett-Packard's CEO held things in check. The Dow gained 12 points, the S&P 500 rose 5 and the Nasdaq added 15. Futures trading suggest gains at this morning's opening.

  • A pair of positive U.S. economic reports helped prod Asian stock markets higher today but enthusiasm wilted in Europe ahead of a bond auction in cash-strapped Spain that will test investor appetite. Benchmark crude oil rose but hovered below $89 per barrel after a big decline yesterday. The dollar fell against the euro and was nearly unchanged against the yen.
  • The Commerce Department releases August figures on factory orders. They were up last month, but one key component has been down four out of the past five months feeding concern that business are scaling back investment plans in the face of a slowing global economy. Also today, the Labor Department releases weekly jobless claims numbers.
  • A new report has positive news about delinquent credit card bills - there are fewer of them. The American Bankers Association says the percentage of bank-issued credit cards that were 30 days or more overdue fell to an 11-year low in the second quarter. Consumers are keeping a tighter grip on their finances amid economic uncertainty.
  • Officials say the leaders of France, Italy and Spain will hold a meeting in Malta that is likely to be dominated by economic issues related to Europe's debt crisis. The three will meet tomorrow while attending a Mediterranean summit of southern European and North African countries.

For the latest local business news, visit the Back to Business page of KELOLAND.com.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Bear Shatters Glass Wall At Minnesota Zoo

7/6/2015 2:50 PM

A grizzly bear at the Minnesota Zoo repeatedly slammed a 50-pound rock into the glass wall of its enclosure, cracking the thick pane separating the be...

Full Story
Sioux Falls Indoor Racing & Rec Business Closes

7/7/2015 11:02 AM

Sioux Falls first indoor go-kart racing and recreation business has closed its doors.  

Full Story
New Laws Bring Changes To Commercial Driver's Licenses

7/1/2015 6:52 AM

The new regulations raise the minimum age to apply for a commercial driver's license from 16 to 18.

Full Story
Don't Twist That Oreo: Cookie Gets Skinny, 'Sophisticated'

7/6/2015 10:06 AM

Oreos are getting a skinny new look, and its maker says the new cookie is a "sophisticated" snack for grown-ups that isn't meant to be t...

Full Story
Starbucks: Prices For Some Drinks To Go Up By 5 To 20 Cents

7/6/2015 2:06 PM

Starbucks says it's hiking prices again starting Tuesday, with the increases ranging from 5 to 20 cents for most affected drinks.

Full Story


Events