Business and Government
Posted December 19, 2023 Independence hopes to enter a $20 million lease-purchase agreement for the vacant Government Employees Health Association Inc. building. The property is located at 20201 and 20221 E. Jackson Drive, off Interstate 70. The agreement would see…
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Posted December 15, 2023 The Jackson County Legislature plans to vote Monday on a ballot question to ask voters to extend the 3/8th-cent sales tax for the Kansas City Royals and Chiefs. The vote will be regarding an ordinance to…
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Posted November 30, 2023 The minimum wage in Missouri is increasing to $12.30 per hour for the next calendar year. Missouri’s new minimum wage will increase by $0.30 from the previous minimum wage of just $12.00 starting Jan. 1, 2024,…
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Posted November 30, 2023 The Federal Reserve Board released its latest Beige Book report which shows Kansas City and the Tenth District’s economic activity declining slightly with loan demand remaining “tepid” across banks in the district. The Beige Book—a report…
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Posted November 30, 2023 Gross domestic product (GDP) increased by 5.2 percent in the third quarter of 2023, according to a second estimate released by the Bureau of Economic Analysis. Initially estimates held the GDP at 4.9 percent. The Bureau…
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Posted November 28, 2023 Following a cyber security attack on the Kansas Supreme Court in October, state officials say the court system will be back online in phases. The Kansas Supreme Court operated paper-only after the October 12 cyber attack,…
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November 28, 2023 A document containing a “corrected number” shows how much the new Kansas City Royals stadium would cost, FOX4 reported Tuesday. The corrected number is $5.13 billion for Jackson County over a 40-year-period. In October, a document was…
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Posted October 19, 2023 The investment strategy for the 60/40 portfolio isn't dead, regardless of being stressed since the pandemic, and is a better investment strategy than cash over the next decade, according to JPMorgan Asset Management. The 60/40 portfolio…
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Posted October 12, 2023 Social Security beneficiaries will see a 3.2 percent increase in their benefits in 2024, according to an announcement made by the Social Security Administration on Thursday. On average, beneficiaries will see an increase of more than…
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Posted October 11, 2023 The Federal Reserve Bank of Kansas City announced last week its COO Kelly Dubbert will retire effective Feb. 29, 2024. Dubbert will be leaving after a 38-year-long career with the bank. He was appointed the role…
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