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Top News & Analysis Wisconsin

  • *Fed raises rates, details balance sheet reduction. *Energy shares drop as oil prices tumble. NEW YORK, June 14- A slide in technology stocks pulled down the Nasdaq Composite on Wednesday and the S&P 500 ended slightly lower, as investors worried about the pace of economic growth after weaker-than-expected inflation numbers and an interest rate hike from the...

  • The Fed plans to initially allow no more than $6 billion in Treasuries to run off per month, and will raise that "cap" each quarter by $6 billion over 12 months until it reaches $30 billion in maturing bonds per month. For mortgage bonds, the Fed will start with $4 billion per month and raise it in quarterly steps of $4 billion until it reaches a $20- billion monthly cap.

  • *Fed raises rates, gives details on balance sheet reduction. June 14- U.S. stocks were little changed on Wednesday after the Federal Reserve made a widely expected move to raise interest rates for the second time in three months. The Fed "met expectations and delivered a dovish hike," said Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds Management in...

  • A small nonprofit health insurance plan in suburban Minneapolis provides health insurance to 700,000 people, Vox reports.

  • *S&P tech sector posts worst two-day drop since June 2016. NEW YORK, June 12- Apple shares added to last week's drop on Monday to lead a market downturn as tech, still the best performing S&P 500 sector this year, succumbed under its own weight. Mizuho Securities cut its rating on Apple to "neutral" from "buy" on Monday, saying the stock had outperformed this year and that...

  • *Ex-FBI director has no doubt Russia meddled in U.S. election. *Exit polls show hung UK parliament likely. NEW YORK, June 8- The "Trump trade" made a comeback on Thursday on Wall Street but the S&P and Dow industrials ended flat as former FBI director James Comey said President Donald Trump fired him to undermine an investigation into Russian meddling into last...

  • June 8- Two insurance units of Warren Buffett's Berkshire Hathaway Inc have agreed to lower their rates and provide more disclosures to settle claims that they overcharged small business owners in California for workers' compensation coverage. The settlement announced by California's Department of Insurance on Thursday resolves charges that Applied...

  • June 8- Two insurance units of Warren Buffett's Berkshire Hathaway Inc have agreed to lower their rates and provide more disclosures to settle claims that they overcharged small business owners in California for workers' compensation coverage. The settlement announced by California's Department of Insurance on Thursday resolves charges that Applied...

  • CALGARY, Alberta, June 8- Canada's Enbridge Inc will take advantage of the uncertainty facing competitors' pipelines to gain market share, including starting early discussions on a new tolling agreement after 2022, a senior executive said on Thursday. Speaking at an investors event in Toronto, Enbridge Executive Vice President Guy Jarvis did not name the...

  • *Herbalife falls after cutting quarterly forecast. NEW YORK, June 5- Stocks dipped on Wall Street on Monday as a drop in Apple partly offset gains in energy and financial stocks, some of the market's worst-performing sectors so far this year. Despite the softening economic numbers, traders still bet the Federal Reserve will raise rates at its June 13-14 meeting.

  • NEW YORK, May 31- Fund investors binged on bonds during the latest week, sending another $8.1 billion to U.S.-based debt funds that have not recorded a week of withdrawals this year, Investment Company Institute data showed on Wednesday. Taxable bond mutual funds and exchange-traded funds in the United States attracted $7.4 billion, while municipal bond funds...

  • Motorcycle maker Harley-Davidson said on Thursday it will build a plant in Thailand to serve the growing Southeast Asian market.

  • BANGKOK, May 25- Motorcycle maker Harley-Davidson Inc said on Thursday it will build a plant in Thailand, a major Asian automotive hub, to serve the growing Southeast Asian market, a move criticized by a U.S. labor union. The Thailand facility "will allow us to be more responsive and competitive in the ASEAN region and China," Harley-Davidson public relations...

  • **LONDON- European Central Bank to publish Financial Stability Report- 2100 GMT. MADRID- European Central Bank President Mario Draghi speaks at First Conference on Financial Stability- 1345 GMT. TORONTO- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer session before the C.D.

  • **LONDON- European Central Bank to publish Financial Stability Report- 2100 GMT. MADRID- European Central Bank President Mario Draghi speaks at First Conference on Financial Stability- 1345 GMT. TORONTO- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer session before the C.D.

  • **NEW YORK- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook before the MNI Connect Roundtable- 2100 GMT. **MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari holds media Q&A at the Opportunity and Inclusive Growth Institute Conference- 1300 GMT. **MINNEAPOLIS- Federal Reserve Bank of...

  • **NEW YORK- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook before the MNI Connect Roundtable- 2100 GMT. **MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari holds media Q&A at the Opportunity and Inclusive Growth Institute Conference- 1300 GMT. **MINNEAPOLIS- Federal Reserve Bank of...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...