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.


23° 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

November 19, 2012, 5:34 AM

Monday Morning Business Brief

A short Thanksgiving trading week begins with the Dow at 12,588. Last week saw the fourth straight weekly decline for the blue chip index, but it did end on a positive note. The Dow gained 46 points Friday, after congressional leaders reported progress in talks with President Barack Obama about cutting the government's budget deficit. Futures trading suggests gains this morning.

  • International stock markets rose today, registering optimism after negotiations late last week between President Barack Obama and leaders of Congress raised hopes the U.S. would avoid its "fiscal cliff" before the end-of-the-year deadline. Benchmark crude oil rose to near $88 per barrel. The dollar fell against the euro and was unchanged against the yen.
  • Data on the housing market highlights the economic reports this holiday week. Today, the National Association of Realtors releases its report on existing home sales for October, while the National Association of Home Builders is out with its November housing market index. Tomorrow, the government reports on housing starts for October.
  • Americans are pulling out the plastic more and ponying up on-time payments less. The credit reporting agency TransUnion says the average credit card debt per borrower in the U.S. grew 4.9 percent in the July-to-September period from a year earlier. At the same time, the rate of credit card payments at least 90 days overdue hit 0.75 percent, up from 0.71 percent in the third quarter of last year.
  • The fate of the Twinkie may hang in the balance as heads to a bankruptcy courtroom in New York today to start the process of selling itself. The company has been weighed down by debt, management turmoil, rising labor costs and the changing tastes of America. But analysts say there's money in the iconic confections that could attract a buyer.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Large Security Threat On Internet

4/10/2014 6:00 PM

It's already being called one of the biggest security threats the Internet has ever seen.

Full Story | Watch
Titan Machinery To Close Eight Stores Across U.S.

4/11/2014 6:22 AM

The company based in West Fargo, N.D., on Thursday cited a slow recovery in construction sector among the reasons for the move, which will leave 128 p...

Full Story
Heartbleed Bug Causes Major Security Headache

4/10/2014 9:33 AM

A confounding computer bug called "Heartbleed" is causing major security headaches across the Internet.

Full Story
Family Dollar To Cut Jobs, Close About 370 Stores

4/11/2014 5:44 AM

Family Dollar says it will be cutting jobs and closing about 370 underperforming stores as it looks for ways to improve its financial performance. It ...

Full Story
Key Unlocks Gas Pumps For ID Thieves

4/14/2014 10:10 PM

Drivers who've fueled up in Rapid City are being warned that their debit and credit card numbers may have been stolen after "numerous" s...

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