Accounting, Banking & Finance

Nike reports strong earnings and revenue

Its revenue was $10.97 billion versus $10.86 billion expected by analysts

Key inflation gauge jumps to 3-year high

Consumer prices saw their largest annual increase since April 2023

US economy expanded at 2.1% pace in January-March

The growth in gross domestic product marked a rebound from a sluggish 0.5% in the last three months of 2025

Abbott to host July 16 conference call for Q2 earnings

A live webcast of the earnings conference call will be accessible through Abbott's Investor Relations website

Middleton Chamber of Commerce hosting NFL’s Joe Thomas as speaker

Thomas will speak at the chamber's new Signature Series, an annual event debuting Aug. 25 in Madison

Wisconsin taxpayers off the hook for $205M in penalties tied to FoodShare

Wisconsin will be among nine states that will avoid having to pay new penalty fees to the Trump Administration in 2027

S&P 500 drops on Tuesday as tech takes a hit

Other companies saw bumps such as Microsoft and Amazon, Walmart, Procter & Gamble and Johnson & Johnson

Marcos Vega joins First Business Bank as VP of Specialty Deposits

He will lead the Bank’s Specialty Deposits initiative, helping organizations access treasury management and deposit solutions aligned with their operational and liquidity goals

SpaceX stock drops 16%

The stock has fallen over the past three full days of trading

American mortgage rates decline slightly

The average long-term U.S. mortgage rate retreated with Treasury yields following the announcement of a deal to end the war with Iran