Banking & Financial Services
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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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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Well-known brand has plans to continue its growth in the Kansas City metro, announcing its intention to open two additional JPMorgan Chase Bank locations in the area this year. There are currently four existing Chase Bank in Kansas City; one…
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Traditionally, new presidents get a 100-day “honeymoon” through April, but before we get too far into the new Biden administration, it’s worth noting where things stand with last month’s presidential transition. The previous four years, I believe, were remarkable for…
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Missouri residents mistakenly paid unemployment benefits by the state could be required to pay that money back. Gov. Mike Parson said Thursday. The Missouri Department of Labor said the state has overpaid roughly $96 million in unemployment benefits between January…
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