Banking & Financial Services
Missouri Gov. Mike Parson signed a bill Thursday that will provide more than $324 million in funding to help tenants and landlords across the state. House Bill 16 provides more than $324 million in funding for the Emergency Rental Assistance…
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The U.S. Small Business Administration (SBA) and lenders in junction with the Paycheck Protection Program (PPP) have been working together to increase equitable access to underserved small businesses and to promote rapid and efficient distribution of funds. This week, the…
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Around a third of the surviving U.S. small businesses say they won't be able to survive without another round of COVID-19 aid, according to a report published by the Federal Reserve. The report found that sales for 88 percent of…
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As a labor economist Janet Yellen is going to have her hands full, especially since the Biden Administration’s new $15 per hour minimum wage is likely going to slow new job creation, especially for many struggling restaurants and service industries.…
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The Kansas Senate approved a large tax cut bill this week. In the same session, it voted down Gov. Laura Kelly’s proposal for a tax on more digital goods and products that would have offset some of it. With a…
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The Kansas City State of the City address on Wednesday night covered topics such as violent crime, a strained budget and COVID-19. Nothing new to the city and others across the U.S., COVID-19 is just one reason for a massive shortfall…
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Kansas small businesses can officially apply for forgivable loans through the Paycheck Protection Program. Governor Laura Kelly says the launch of 2021 coronavirus relief programs by the federal government opened the door for the application process to begin. PPP is…
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Kansas Gov. Laura Kelly along with Kansas Department of Transportation (KDOT) Secretary Julie Lorenz announced the state department has received around $84.6 million in federal funding. The funds come from the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) of…
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The latest rise in bond yields has boosted financial stocks, but the rally’s staying power remains in question. The Financial Select Sector SPDR Fund is up about 6% week to date versus a 3.6% gain for the S&P 500. The U.S. 10-year Treasury yield has been…
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Creative Planning Inc. announced the a hefty addition to its assets with the acquisition of IRON Financial, located in the Chicago area in Northbrook, Ill. Overland Park-based Creative Planning will bring on the retirement division of IRON Financial, which has…
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