New Additions Push Homefield Cost To $838 Million

Development costs for the Homefield Sports Complex have risen due to proposed additions to the project, including a golf course, multi-use area and interactive museum.  The Kansas City, Kansas project, formerly the Schlitterbahn water park property, previously held a total… more

Q&A with Roberta Rowland

As a result of the pandemic, the workforce in the United States has been in flux. As the talent shortage continues, we spoke with the Director of Business Services at Workforce Partnership, Roberta Rowland to give insight as to what… more

Kansas and Missouri Unemployment at a Standstill Following April Labor Market Reports

Unemployment rates for both Kansas and Missouri have remained unchanged as seen in their respective labor market reports for April 2023. The Kansas seasonally adjusted unemployment rate remains at 2.9 percent in April, while Missouri remains at 2.5 percent.  … more

Liquidity Concerns Deepen for Regional Bankers

A new report assessing trends in regional banking shows that community banks continued to be hammered as consumers, spooked by recent failures of large national banks, continue to withdraw deposits. For a second straight month, checking deposits decreased to a… more

PayIt Extends Reach in GovTech Space

Kansas City financial tech company PayIt, which provides payment-processing services for state and local governments, has reached an agreement to acquire a Nashville company that delivers similar services for licensing and permitting functions of recreational activities like hunting and fishing.… more

Buckingham’s Local Footprint Widens

Buckingham Strategic Wealth, LLC announced Friday, May 18 it will acquire Madison Wealth Advisors, LLC with the merger set to complete in the third quarter of 2023. Madison Wealth Advisors is a registered investment adviser based in Lee's Summit, MO.… more

Survey: U.S. Workers Believe They’re Underpaid

The ADP Research Institute has released results of a global survey of workplaces, and nearly half of American workers who responded believe they are underpaid. Three-fourths of them, however, are optimistic that they will receive raises this year. The institute,… more

Latest Fed Data Reflect Regional Slowdown

The Federal Reserve Bank's latest update of the so-called Beige Book reports that total economic activity across the 10th District, based in Kansas City, declined slightly in March and April. The good news? Almost every business contact surveyed for the… more

Q&A with Paul Holewinski

In the aftermath of First Republic Bank’s collapse, we spoke with Paul Holewinski CEO of Academy Bank and Armed Forces Bank to gauge the financial Kansas City market.  Q: Do you have any concerns about Washington stepping in to make… more

Panasonic in DeSoto: And So It Begins . . .

Gov. Laura Kelly and Lt. Gov. David Toland flanked Kazuo Tadanobu, president and CEO of Panasonic Energy of North America, and other dignitaries as the dirt began to fly on the battery-plant construction site.   Public officials, local dignitaries, economic-development… more