Banking & Financial Services
Congressional leaders moved on Wednesday to buy more time to strike an elusive deal on an economic relief measure to address the ruin wrought by the pandemic, but with time running short, it was unclear whether a compromise would pass.…
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The Kansas Department of Labor announced Friday development with the state's Pandemic Unemployment Assistance Program (PUA). Funded through the CARES Act, the program pays unemployment insurance benefits to those who wouldn't typically qualify for it such as self-employed and gig…
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A collaborative effort between numerous local foundations and banks are bringing a Junior Achievement of Greater Kansas City Youth Learning Lab to the metro. Presented by The Mallouk Family Foundation, the lab is part of a hands-on initiative that connects…
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Of the many economic surprises to come out of 2020, a positive report has recently popped up concerning bankruptcy filings. According to a Weekly Bankruptcy Analysis report by the American Bankruptcy Institute, total bankruptcy filings were down by 44.5 percent for…
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From 2015-2018, the angel investor tax credit program in Kansas cost millions in forgone income tax revenue, but a post-audit could not determine if the program met its goals. The program gives investors a tax credit for investing in certain…
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Kansas City-headquartered Waddell & Reed Financial Inc. has been acquired, soon to begin the merge with global financial services company, Macquarie Group. An sale agreement worth a lofty $1.7 billion was made with Macquarie Asset Management, Macquarie Group out of…
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While November tax collections again exceeded estimations, Governor Laura Kelly said that without federal support, future revenue growth – and our state’s ability to mitigate the spread of the COVID-19 pandemic – may be compromised. The State of Kansas saw…
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As part of the Unified Government’s (UG) CARES Act request, the UG Commission recently approved $825,000 to support the Economic Development Department’s WYCO Loves Local Small Business grants. The WYCO Loves Local initiative was created to encourage continued growth and…
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Applications have opened for Kansas communities looking for growth opportunities provided through the Kansas Main Street Program. The Main Street program is designed to develop and strengthen downtown corridors, especially in rural communities. The program will be accepting applications for…
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The Economic Development Corporation of Kansas City (EDCKC) is distributing small business grants in Clay County through the end of November. Applications are open to businesses negatively impacted by COVID-19. This is the third phase of CARES Act funding, two…
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