Economy
In late July, reports were released that two investors, Blackstone Group Inc. and Global Infrastructure Partners, were interesting in an offer to buy Kansas City Southern. This week, The Wall Street Journal reported that a private equity bid was placed…
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The release of the Federal Reserve Bank’s September Beige Book report this week might dispel any notions of a sharp V-shaped recovery from the COVID-19 pandemic. While it notes significant economic growth in some sectors of the 10th District that…
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On Tuesday, Kansas Gov. Laura Kelly announced that the state has brought in more taxes for August than originally projected. In the second month of the fiscal year, total tax collections have been performing above estimates, August collections coming in…
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JEFFERSON CITY, Mo. (AP) — Missouri’s labor department will start handing out an extra $300 a week in unemployment benefits provided by the federal government as soon as this week. People out of work were getting an extra federally funded…
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In an effort to increase operations in Kansas City, Amazon.com Inc. hopes to soon add a second facility to an existing one located in Lenexa Logistics Centre. Outside of the Lenexa industrial park, Amazon has fulfillment center operations in five…
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Missouri Economic and Research Information Center – The Missouri labor market continued to recover in July 2020, following major job losses due to COVID-19 shutdowns earlier in the year. Employment, seasonally adjusted, increased by 52,200 jobs over the month. Over-the…
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Remember TINA? She was that alluring goddess of double-digit investment returns for much of the past decade. Near-zero interest rates for much of that time had investors scrambling for other ways to find yield, and with stocks, TINA—There Is No…
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This past Saturday, President Trump signed an executive action that is soon scheduled to take effect in each state, the action set to provide an extra $400 per week in unemployment benefits to Americans. A White House press briefing on…
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OMAHA, Neb. (AP) — The economy continues to recover in nine Midwest and Plains states, but businesses are still cutting jobs amid the ongoing impact of the coronavirus outbreak, according to a monthly survey of business leaders released Monday. The…
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U.S. Census Bureau – Due to recent events surrounding COVID-19, many businesses are operating on a limited capacity or have ceased operations completely. The Census Bureau has monitored response and data quality and determined estimates in this release meet publication…
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