Banking & Financial Services
A question that many on Wall Street are asking is why a full recovery from the Covid-19 created recession could take five years, even if everything goes right. While that is not likely assuming Trump is reelected in November, it…
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Department of Commerce Secretary David Toland today announced the hiring of two economic development professionals to help direct business and community development efforts for the state. William (Bill) Murphy will become the new Deputy Secretary for Business Development at Commerce,…
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Federal Pandemic Unemployment Compensation (FPUC) provides an additional $600 weekly payment for unemployment insurance claimants that are receiving a weekly benefit. FPUC, currently set to expire July 25, is part of the federal CARES Act. Individuals were eligible for the…
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There is no doubt that rising coronavirus cases are starting to impede commerce again. Many states have mandated masks in public places, in an attempt to avoid reversal of the gradual business and social reopening process. If there is…
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After the release of the Paycheck Protection Program from the Small Business Association (SBA), many questions are asked about the program regarding who was eligible for the forgivable loan and risk/ what kind of penalties might be included. Shortly after…
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Commercial chapter 11 filing totals during the first six months of the year (Jan. 1-June 30) increased by 26 percent to 3,604 from the 2,855 total filings during the same period in 2019 according to data provided by Epiq Global,…
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National Bank Holdings Corp. (NYSE: NBHC) plans to close a total of 12 branches across the U.S., part of those closures including three Bank Midwest locations in the Kansas City area. Bank Midwest is a division of NBH Bank, which…
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There is no doubt that rising coronavirus cases are starting to impede commerce again. Many states have mandated masks in public places in an attempt to avoid reversal of the gradual business and social reopening process. If there is any…
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With the onset of COVID-19 in the spring, the federal government postponed the traditional April 15 filing deadline until July 15. The extended deadline provided some economic and logistical relief for taxpayers dealing with the disruptions and uncertainty brought on…
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June survey highlights from the Mid-America Business Conditions Index show that for a ninth straight month, the overall index rose above growth neutral. On average, bankers estimated that farmland prices declined by 4.0 percent over the past 12 months and…
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