Wealth Management
Southeastern Wisconsin manufacturing returned to downward trend in October
After showing signs of growth in September, the southeastern Wisconsin manufacturing sector returned to a downward trend in October as companies saw customers pull back on orders and payments, according to the latest Marquette-ISM Report on Manufacturing.
Wisconsin gets middle of the pack ranking for state business tax climate
Wisconsin ranks 27th for business tax competitiveness, according to the Washington, D.C.-based Tax Foundation’s 2023 State Business Tax Climate Index.
Northwestern Mutual to pay $6.8 billion in dividends in 2023
Milwaukee-based Northwestern Mutual plans to once again pay out a record amount in dividends next year with policy holders set to receive $6.8 billion, the company announced Wednesday.
Geneva Lake estate sold for $16.5 million
A 19-acre estate on the shore of Geneva Lake has been sold for $16.5 million, according to state records.
Wisconsin added 14,400 private sector jobs in September despite shrinking labor force
Wisconsin added 14,400 private sector jobs in September, even as the state's labor force participation rate dropped by 0.3 percentage points for the second straight month.
Generac cuts its guidance for the year by $560 million but says customer demand is still strong
Generac Holdings Inc. has cut its full year guidance for 2022 by roughly $560 million as its production of home standby generators has outpaced installation capacity.
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Mount Pleasant home designed by Frank Lloyd Wright for member of Johnson family has been sold
A Mount Pleasant home designed by famed architect Frank Lloyd Wright for Karen Johnson Boyd, of the S.C. Johnson Family, has sold to a limited liability company for $1,025,000.
A.O. Smith cuts guidance amid weaker water heater demand in North America
Milwaukee-based A.O. Smith Corp. took the somewhat unusual step Thursday of releasing preliminary results for the third quarter ahead of its scheduled earnings release at the end of the month.
Commercial Real Estate Conference to examine how macroeconomic issues will impact region’s CRE market
BizTimes Media Commercial Real Estate and Development Conference
Metro Milwaukee home sales down 8.6% this year, while prices are up 7.8%
Home sales in the four-county metro Milwaukee area were down 17.2% in September, compared to September of 2021, and are down 8.6% through the first three quarters of the year compared to the same period a year ago, according to the latest market report from the Greater Milwaukee Association of Realtors.