Business Highlights: Inflation cools, Wall Street gains – mySA

WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that the Fed’s series of interest rate hikes are slowing the economy. Prices rose 5% last month from a year earlier, down from the 5.5% year-over-year increase in November. It was the third straight … Read more

First Business Financial Services: Q4 Earnings Snapshot – mySA

MADISON, Wis. (AP) _ First Business Financial Services Inc. (FBIZ) on Thursday reported fourth-quarter earnings of $10.2 million. The bank, based in Madison, Wisconsin, said it had earnings of $1.18 per share. The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.12 per … Read more