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.


13° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Thursday Morning Business News

November 29, 2012, 6:11 AM

Thursday Morning Business News

Stocks were higher Wednesday. Dow rose 107 points to 12,985. The S&P was up 11 to 1,410. The Nasdaq surged 24 points to 2,992. Futures trading suggests gains this morning.

  • Signs that U.S. political leaders may be closing in on a budget deal to avoid the so-called "fiscal cliff" boosted International stock markets today. Benchmark crude oil rose to near $87 per barrel. The dollar fell against the euro but gained against the yen.
  • Several economic reports are due this morning, with weekly jobless claims and third quarter growth due first. Also, the National Association of Realtors releases pending home sales for October. Also, Freddie Mac releases weekly mortgage rates.
  • The slow improvement in the economy gave a huge boost to entrepreneurship in the U.S. last year. That's the finding of a study released today by Babson College in Wellesley, Mass., and Baruch College in New York. The study shows that more than 29 million people were starting or running new businesses last year. That was a 60 percent gain from 2010, when entrepreneurship was hurt by economic uncertainty.
  • Treasury Secretary Tim Geithner and senior White House aide Rob Nabors meet today with House and Senate leaders for further discussion of ways to avoid the fiscal cliff. There have been no public signs of tangible progress. President Barack Obama, meanwhile, has former opponent Mitt Romney over for lunch today and discussions about common ground.

You can find more 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

Alco To Close Stores Across South Dakota

11/21/2014 2:03 PM

Several South Dakota cities will soon have one less store.

Full Story
South Dakota Malls Will Open On Thanksgiving

11/21/2014 11:41 AM

Shoppers no longer need to stay up all night to get Black Friday deals.  More stores are opening on Thanksgiving, closing overnight and then reop...

Full Story
Vern Eide Pays It Forward For Thanksgiving

11/22/2014 6:34 PM

Closer to home, families are out buying turkeys as we are less than a week away from Thanksgiving.

Full Story
New Convenience Store Opens on North Minnesota Avenue

11/21/2014 10:15 AM

The seventh Kum & Go convenience store in Sioux Falls is now open.  The new store at 1400 N. Minnesota Avenue is 5,000 square feet and will b...

Full Story
Chris Tomlin & Rend Collective Coming To PREMIER Center

11/25/2014 11:04 AM

Some of the biggest names in Contemporary Christian music are coming to the Denny Sanford PREMIER Center.

Full Story


Events