Banking & Financial Services
Posted August 10, 2023 Kansas City-based CPA firm Mayer Hoffman McCann PC joined with Cleveland-based CBIZ Inc. ranked among the top 100 accounting firms in the U.S. for net revenue, according to Inside Public Accounting’s Top 500 Firms list. The…
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Posted August 10, 2023 The Small Business Administration is more than doubling the caps of its disaster loans, adjusting the amount of its loan program for the first time in 30 years. SBA key changes: Increase Loan Limits for Primary…
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Posted August 3, 2023 Weeks before releasing the draft Merger Guidelines on July 19, the Federal Trade Commission (FTC) and Department of Justice announced an overhaul of the premerger notification process under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 –…
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Posted August 3, 2023 Academy Bank has partnered with Treasury Prime to bring embedded finance services to their customer, according to the companies. According to the release, Treasury Prime, a leading embedded banking software company based in San Francisco, announced…
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Posted August 2, 2023 The Federal Reserve Bank of Kansas City’s Board of Directors announced Wednesday Jeffrey R. Schmid has been appointed president and CEO of the KCFRB, beginning August 21, 2023. Schmid has more than 40 years of banking…
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Posted August 3, 2023 Americans applying for unemployment benefits increased last week, causing a bump in weekly claims but the rate continues to maintain a low level in the job market, according to the U.S. Department of Labor report released…
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Posted July 27, 2023 The Federal Reserve announced Wednesday it will increase interest rates to 5.5 percent, a high rate not seen in 22 years. All members of the Federal Open Market Committee voted to raise the interest rate range…
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Posted July 27, 2023 June sales for new U.S. single-family homes decreased following a three-month increase trend, however, the availability of new homes could mean a looser grip on the market for buyers seeking affordability. Singal-family homes experienced sales of…
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Posted July 27, 2023 The U.S. economy’s gross domestic product increased at a 2.4 percent annualized rate for the second quarter, according to the Commerce Department. The department reported Thursday the recent rate while economy experts from Dow Jones expected…
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Posted July 20, 2023 Creighton University released its Rural Mainstreet Index (RMI) report for July suggesting the two-state region experienced similar drops in the month. The Kansas RMI for July decreased to 55.2 from June’s 55.3. KS farmland-price index climbed…
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