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.


60° 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

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Fruit From Walmart And Costco May Be Contaminated

7/22/2014 11:23 AM

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concern...

Full Story
Third Walmart Preparing To Open In Sioux Falls

7/22/2014 6:10 PM

Sioux Falls latest Walmart store is preparing to open in just a few weeks.

Full Story
Deciding When To Collect Social Security

7/22/2014 10:10 PM

78 million Baby Boomers are retiring or preparing to retire.  The question they all face is when to draw their Social Security benefits. 

Full Story | Watch


Events