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.


72° 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

January 16, 2013, 5:42 AM

Wednesday Morning Business Brief

The S&P 500 starts the day just above the five-year high it reached last Thursday. It rose a point yesterday to 1,472. The Dow managed to gain 27 points after being down more than 60. The Nasdaq fell six points. Futures trading suggested losses at this mornings opening.

  • Japan's benchmark stock index toppled off a 32-month high Wednesday after the yen's slide went into reverse. Other international stock markets were also lower as investors began focusing on the political impasse in Washington over the U.S. government's borrowing limit. Benchmark crude oil rose a bit to remain above $93 per barrel. The dollar gained against the euro but fell against the yen.
  • The Labor Department has an update today on consumer prices, the Federal Reserve reports on industrial production for December and the National Association of Home Builders releases its housing market index for January. Later today the Federal Reserve releases its Beige Book survey of regional economic conditions.
  • Japan's two biggest airlines grounded all their Boeing 787 aircraft for safety checks today after one was forced to make an emergency landing in the latest blow for the new jet. Boeing is counting heavily on the jet's success, but since its launch, the plane has been plagued by a series of problems including a battery fire and fuel leaks.
  • The Senate is expected early next week to send a Superstorm Sandy aid measure to President Barack Obama for his signature after the House passed the $50.5 billion bill. Sandy roared through several states in late October. It has been blamed for 140 deaths and billions of dollars in residential and business property damage.

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