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.


55° 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!

 

Wednesday Morning Business Brief

November 28, 2012, 5:54 AM

Wednesday Morning Business Brief

Stocks finished lower Tuesday. The Dow dropped 89 points to 12,878. The S&P fell 7 points to 1,399 while the Nasdaq lost nine points to 2,968. Futures trading suggests a lower open today.

  • Lack of progress in negotiations for a deal to avoid a U.S. budget crisis before a January deadline sent international stock markets lower today. Benchmark crude oil fell to hover just above $87 per barrel. The dollar gained against the euro but fell against the yen.
  • Part of today's focus will be on the housing market as the Commerce Department releases new home sales for October. The Federal Reserve has the Beige Book survey, prepared for the central bank's next policy-setting session.
  • The latest batch of government data suggests that the economy is improving just as the holiday shopping season begins. American consumers are growing more confident about the job market, companies are ordering more equipment and home prices are rising in most major cities. Experts say the big payoff could come next year, unless efforts to avert the fiscal cliff fail.
  • There's a half-billion dollars up for grabs tonight and all it will take is a $2 Powerball lottery ticket and a boatload of good luck. But past big money lottery winners warn that there's a downside, including others' greed, lost friends and an emotional roller-coaster of joy, anxiety, guilt and distrust. Experts say psychological planning is as important as financial planning.

Find more business news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Huset's Speedway Purchased By Badlands Group

4/21/2015 5:18 AM

The longtime sprint car track near Brandon will be renamed Badlands Motor Speedway after the 2015 season.

Full Story
Shoppers Swarm Target For Designer Product Line

4/20/2015 1:14 PM

The retailer released its Lilly Pulitzer for Target collection, and many stores were sold out within minutes.

Full Story
Huset's Speedway Sold

4/21/2015 6:00 PM

Started back in the late 1950s, Huset's Speedway is almost as old as the dirt the cars race on.  But that's about to change.

Full Story | Watch
Multi-Million Dollar Athletic Center Planned For Sioux Falls

4/21/2015 5:03 PM

Plans are in the works for a 40,000 square foot athletic training center in southeast Sioux Falls.  With the Pentagon and the new tennis facility...

Full Story | Watch
Amazon Distribution Center In Shakopee Could Employ 1,000

4/22/2015 6:03 AM

The online retailer is asking the city of Shakopee for about $5 million in tax breaks to build the 820,000-square-foot center and warehouse.

Full Story


Events