Economy


Kansas September jobless rate drops 1 percentage point

Preliminary estimates reported by the Labor Market Information Services (LMIS) division of the Kansas Department of Labor (KDOL) and the Bureau of Labor Statistics (BLS) show a seasonally adjusted unemployment rate of 5.9 percent in September. This was a decrease… more

Missouri town receives grant for water, sewers from U.S. Department of Commerce

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.8 million grant to the city of Moberly, Missouri, to make water and wastewater infrastructure improvements needed to support businesses growth. The… more

AMC Theatres Tuesday filing shows its cash supply could run dry by end of year

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

Missouri economic recovery ends extended unemployment benefits program

Extended unemployment benefits from federal government end in Missouri due to economic recovery The U.S. Department of Labor's unemployment Extended Benefits program came to an end in Missouri due to unemployment rates dropping in the state, the state's labor department… more

Kansas City Port Authority scores grant for Missouri River Terminal project

The former AK Steel site, bought and currently owned by Port Authority of Kansas City (Port KC), has received millions in funding for redevelopment from the U.S. Department of Transportation. A total of $9.88 million in grant funding has been given… more

Missouri receives $1 million investment in rural business development

The tail-end of September and beginning of October brought good news for rural organizations and businesses in Missouri, the state receiving just over $1 million in funding for rural business development. An investment of $1,068,984 has been given to Missouri… more

Coping with Covid: Reactions, current impact of President Trump testing positive for COVID-19

In the early morning hours of Friday, Oct. 2, word spread of President Trump and First Lady Melania testing positive for COVID-19. Vice President Mike Pence sent out a tweet wishing both a swift recovery, the news also drawing in… more

Transmission line to bring thousands in jobs, investment to Kansas, Missouri, Illinois and Indiana

Four states in the Midwest region of the U.S. including both Kansas and Missouri will see an increase in jobs and investment thanks to a recently approved Grain Belt Express transmission line. In the works for close to a decade,… more

Kansas jobless rate shows strong comeback from early spring

The August labor market report released today by the Kansas Department of Labor brings good news for the state, showing that Kansas is looking at an additional 3 percent jobless rate above where it stood at a historic low pre-Covid,… more

Details on new round of bank stress tests released

A new round of bank stress tests was announced Thursday by the Federal Reserve, the board releasing its set of hypothetical scenarios to be used to measure the resiliency of big banks. This is the second round of bank stress… more