Accounting, Banking & Finance

Defining the K-shaped economy and what it means for the US

When higher-incomes rise while the middle class struggles, the desire for change grows stronger

US retail sales see largest drop in over a year

Monthly decline comes after Americans exhaust tax refunds

Wholesale price inflation slowed in July

Cooling in producer price index linked to lower gas prices and food costs

Stock futures rise on positive inflation data

Jump in AI-related shares also drives up markets

Student loan defaults surge in Wisconsin after end of payment pause

More than 108,000 Wisconsinites haven’t made payments in nearly one year

US stocks hit records as profits rise for AI firms

The S&P 500 rose 1.8%, topping its prior all-time high set a couple of months ago

Summit Credit Union partners to help members with terminal illness

Grants of $2,500 to $10,000 help ease financial challenges during difficult times

UW Credit Union introduces free financial literacy course for high school students

Credit union will sponsor enrollment of eligible members in partnership with UW-Green Bay

WEDC invested $229 million in FY 2026

The investments supported hundreds of Wisconsin businesses, nonprofits, partner organizations and communities

U.S. economy has sluggish 1.5% Q2 growth, inflation remains above Fed target

Growth in U.S. gross domestic product was below economists’ expectations