Wealth Management

Federal Home Loan Bank of Chicago to help finance $20.6 million in affordable housing projects in Illinois and Wisconsin

The Federal Home Loan Bank of Chicago (FHLBank Chicago) announced that it has granted $20.6 million via its Affordable Housing Program (AHP) General Fund to help finance 35 housing projects in Illinois and Wisconsin.

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.
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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.

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.

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