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.


53° 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 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

Valentino's Restaurant For Sale

10/20/2014 12:18 PM

Prime real estate on 41st Street in Sioux Falls is for sale. Valentino's Restaurant at 41st Street and Western Avenue has been listed for $1.35 mi...

Full Story
Long John Silver's Closes, Building For Sale

10/20/2014 12:31 PM

A longtime fast food option in Sioux Falls, the Long John Silver's restaurant is closing after more than 30 years in business. 

Full Story
Pierre Woman Wins On In-Flight Game Show

10/17/2014 12:10 PM

A South Dakotan is a winner on the Allegiant Airlines' first in-flight game show called "The Game Plane."  The reality show is film...

Full Story
SD Gas Prices Jump While Nation Approaches Four-Year Low

10/21/2014 11:00 AM

Gas prices have fallen to a nearly four-year low nationwide at an average of $3.09 a gallon.  AAA South Dakota says U.S. gas prices could drop to...

Full Story
Pop-Up Holiday Shop Coming to Downtown Sioux Falls

10/15/2014 11:45 AM

Unglued: Christmas Market, will open in the space formerly occupied by the Book Shop in the Carpenter Building on Phillips Avenue from Nov. 20 through...

Full Story


Events