Home / Tag: the new economy
Saturday, Nov. 1, 2008
Jack Daniels, co-owner of Milwaukee-based Hot Water Products, one of the largest distributors of thermal solar panels in the Midwest, isn’t one to go with the flow. “We’re not waiting for business to come to us,” says Daniels, whose partner, Howard Endres, began selling high-efficiency water heaters and boilers in 1998.
Wednesday, Sept. 17, 2008
Most Wisconsin business executives are skeptical about climate change science, but still favor energy conservation and alternative energy use, according to a survey released by the Wisconsin Energy Conservation Corp. (WECC).
Wednesday, July 16, 2008
The Brewery Credit Union (BCU) has more on tap than just savings accounts and car loans. The community not-for-profit organization also offers BEER, or Brewery Employees Education Resource programs. “We always strive to educate,” said Marketing Director Mikal Gilliat, who noted that BCU’s seminars for first-time home...
Tuesday, July 15, 2008
A surge in foreclosures is forcing more and more lenders to take a loss on bad loans, giving rise to a speculative real estate practice known as a “short sale.” Here’s how it works: When a homeowner is threatened with foreclosure, an investor negotiates with the lender to buy the mortgage for far less than is owed. If all goes well, the sellers reduce their debt, the buyer gets a good deal and the bank removes a non-producing asset from its books. But, in practice, the deals are notoriously difficult to piece together and too often are oversold as a way to turn a fast buck.
Sunday, July 6, 2008
For every dollar you spend at a locally owned business, more than 68 cents stays in Milwaukee. That means more of your money is used to buy from other local businesses, service providers and farms, further strengthening the local economy and creating more jobs. Supporting local businesses helps create a “living economy,” according to Our Milwaukee, an alliance of 50 local businesses that is raising business awareness the week of July 7-13 with a film, prize drawings and special retail offerings.
Thursday, July 3, 2008
Beware of a possible phone scam over the Fourth of July weekend, warns the Wisconsin Bankers Association (WBA). “Vishing”—a combination of “voice” and “phishing”—involves a recorded voice informing victims that their bank accounts are frozen and also provides a toll-free number to use in reinstating the account...
Wednesday, July 2, 2008
If you think that commuting to work is becoming too costly, consider what truck drivers are facing with $4-plus gas and diesel. “We’re just hanging on; it’s a struggle,” said Kathy Paul, office manager at Badger Freight Service Inc., which operates 12 refrigerator trailers out of Milwaukee. “It’s costing the guys a dollar...
Wednesday, June 18, 2008

Money Illusion

When people are misled by inflation into thinking that they are getting richer, when in fact the value of their money is declining. Whether, and how much, people are fooled by inflation is much debated by economists. (Source: Economist.com)
Wednesday, June 4, 2008

Engel’s Law

People generally spend a smaller share of their budget on food as their income rises. As people get richer they can afford better-quality food, so their food spending may increase overall, but...
Wednesday, June 4, 2008
Skyrocketing energy prices and plunging home values have driven the U.S. consumer confidence level to its lowest point in 16 years and is impacting more than a few retirement and savings accounts. But there is no reason to panic, according to seasoned investment advisers.