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.


76° 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!

 

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




Sponsored

 


View business

You may also like

Woman Stands Up to Cyber Bullies After Man Calls Her 'Too Muscular'

8/26/2015 5:05 PM

A woman who builds up her body has a message for cyber bullies who tear others down.

Full Story | Watch
Brown County Commission To Look For New Fair Manager

8/25/2015 12:15 PM

The Brown County Fair Manager has been let go.

Full Story
GM Fund Rejects 91 Percent Of Ignition Switch Claims

8/24/2015 1:47 PM

The compensation fund led by lawyer Kenneth Feinberg approved 399 of the 4,343 claims filed and rejected 3,944.

Full Story
New Black Bears Arrive At Great Plains Zoo

8/25/2015 5:00 PM

It sounds like a story straight out of the cartoon Yogi Bear and Jellystone Park.  Two black bears from Grand Teton National Park in Wyoming were...

Full Story | Watch
Midco Rated Third For Speed By Netflix

8/26/2015 2:19 PM

You hear about video streaming problems all the time, but local Midcontinent customers are less likely to have issues.  

Full Story


Events