Banking & Financial Services

U.S. Bank branch closures hit Kansas City metro

A plan in the works since October 2020, U.S. Bank closures nationwide have now swept the Kansas City metro, U.S. Bancorp now no longer holding the largest branch network in the area. U.S. Bank closed six Kansas City-area branches on… more

Kansas governor releases 2022 state budget recommendations

Kansas Gov. Laura Kelly has announced the Fiscal Year 2022 Kansas Budget to protect the fiscal foundation of the state and kickstart its economic recovery. Kelly said she has announced her third budget recommendation for the State of Kansas. She… more

KC Fed Reserve Bank President says inflation could rise quickly

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Ferrellgas files prepackaged bankruptcy plan

Ferrellgas Partners LP, a holding company of Ferrellgas LP, has filed prepackaged Chapter 11 bankruptcy cases in the U.S. Bankruptcy Court for the District of Delaware. Headquartered on the Kansas side of the metro, the prepackaged bankruptcy plan will help… more

Missouri colleges, universities receive $68M

Missouri Gov. Mike Parson announced the allocation of $68 million in federal funds to help universities address major repairs and building restoration projects. Parson also unlocked $127 million in state funding that previously been restricted due to the Covid-19 pandemic and… more

More Missourians to see additional $300 weekly unemployment supplement starting this week

Jobless Missouri residents who claimed unemployment the week of Dec. 27, 2020 will see the approved addition stimulus payment this week. Eligible unemployed workers have already started to receive the $300 per week payment approved under Congress' second COVID-19 economic… more

Investing in Era of Democrat Rule

Prognosticators assessing this week's Democratic sweep of two U.S. Senate seats in Georgia had suggested that control of Congress and the White House will bring significant changes in tax policy (not good if you're a high-income earner) and energy policy… more

SBA Adds 20 New Women’s Business Centers

The U.S. Small Business Administration has announced grant funding and the launch of 20 new Women's Business Centers across America to serve rural, urban and underserved communities. The opening of the business centers is the largest single expansion of its… more

Economic Chicken Littles Missed the Mark

All-time highs in all major indexes! NASDAQ and the Russell 2000 each recently gained over 3 percent and the S&P 500 added 1.25 percent. Cloud computing and cybersecurity stocks performed especially well due to multiple cyber-attacks on federal cabinet agencies… more

SBA Opening Door for New PPP Lending

The Small Business Administration has issued new guidelines under the latest update of the Paycheck Protection Program, which has been refined to place special emphasis on smaller lenders and borrowers. This PPP installment, totaling $285 billion, is expected to be… more