Banking & Financial Services
By some demographers’ reckoning, the cohort of Americans between 20 and 29 years old is now almost evenly divided between Millennials and Generation Z. As the latter group continues to lay the cornerstones for careers, the late-stage Millennials are kicking…
more
Longtime Kansas City resident and Head of Community Banking at U.S. Bank, Mark Jorgenson, announced plans to retire at the end of 2020. Jorgenson's announcement follows 39 years of work in banking including the last four years serving as Head…
more
AMC Theatres said Tuesday ongoing challenges in the industry could leave it without cash as soon as the end of 2020. The Leawood-based company made the announcement in a filing Tuesday to the Securities and Exchange Commission. In the filing,…
more
In the largest single gift in the history of Missouri higher education, St. Louis businessman Fred Kummer and his wife June have donated $300 million to a foundation that will support Missouri S&T, the university announced today. The new gift…
more
Another census has only just begun, this time for finance companies and other lenders. On Tuesday, the Federal Reserve Board announced the beginning of the 2020 Census for financers and other lenders. "Your participation is important to help us understand…
more
Today, Governor Mike Parson announced over $133 million in funding to support critical services in several areas, including nearly $95 million in CARES Act funding and $40 million in general revenue. Nearly $100 million of these funds will support K-12…
more
Although there has been improvement in mortgage payments as data shows that mortgage delinquencies are on the decline, the same shows that improvement is beginning to slow, according to a Monday report by Zillow. In August, 6.88 percent of outstanding…
more
A spike in the number of fraudulent unemployment claims, identity theft and other fraudulent activity has taken a rise nationwide. Kansas has seen a notable increase in false unemployment claims and is aiming to combat it through the launch of…
more
On Thursday, Kansas Gov. Laura Kelly announced that the closing of the first quarter of Fiscal Year 2021 has brought in $108.4 million ahead of its estimate. Included is $2.3 billion in total tax collections. Compared to the same time…
more
While many business and sectors continue to face financial strain and seek support from emergency lending programs, Federal Reserve Board Chair Jerome Powell and Treasury Secretary Steven Mnuchin say there are limits to current programs. During a testimony before House lawmakers, Powell and Mnuchin…
more
