Banking & Financial Services
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…
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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…
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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…
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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…
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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…
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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…
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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…
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An investment of $35 million was made to 52 different organizations, U.S. Secretary of Commerce Wilbur Ross announced in September. Those selected for grant funding were a mixture of nonprofits, institutions of higher education and entrepreneurship-focused organizations in 36 states.…
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An increase in fraudulent activity over the last several months influenced by national and international shutdowns has caused a crack in Kansas’ unemployment system Criminal organizations have formed a multibillion fraud scheme in the U.S. that has singled in on…
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On Monday, announcement of the Kansas Department of Commerce’s International Division grant award was released, the grant provided by program under the U.S. Small Business Administration (SBA). The division of the state’s commerce department received $127,400 through the SBA’s State…
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