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Breaking News

BREAKING NEWS / URGENT: The State Supreme Court upholds Act 10, Voter ID, and the state's domestic partnership registry

MADISON, Wis (WSAU)  - The Wisconsin State Supreme Court upheld Act 10, the state law that limits the collective bargaining rights of state employees. The law from three years ago sparked protests at the state capital and led to the recall attempt against Governor Scott Walker. The court's ruling in favor of Act 10 was 5-2. Justice Michael Gableman wrote the lead opinion, which was also signed by Justices David Prosser, Pat Roggensack and Annette Ziegler. Justice Patrick Crooks concurre...

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J.P. Morgan moves up Fed tightening forecast after jobs report

(Reuters) - J.P. Morgan moved forward its forecast for a Federal Reserve monetary policy tightening on Thursday, citing the decline in the unemployment rate, positive jobs data and firming core inflation.

J.P. Morgan said after the bullish U.S. jobs report on Thursday, the bank sees the Fed's interest rate lift off occurring in the third quarter of 2015, up from the Wall Street bank's original projection of the fourth quarter of that year.

The firm's well known chief U.S. economist, Michael Feroli, added in the report that after the June jobs report, a second quarter tightening next year is "plausible."

(Reporting by Michael Flaherty)

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