Economy
Posted April 1, 2024 The Kansas City Council approved the 2024-2025 fiscal budget of $2.3 billion which will see salary increases for law enforcement, city government and non-union employees. On Thursday, city officials announced the new fiscal year budget for…
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Posted April 1, 2024 Creighton University released its Mid-America Business Conditions Index for March and shows the region has not broken the growth threshold and the manufacturing sector is losing more workers. The Business Conditions Index, which uses the same…
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Posted March 18, 2024 A study from SmartAsset shows the required salary to live comfortably in Kansas City is around $90,000 for a single adult. For a single adult in Kansas City, Missouri, the required salary to live comfortably is…
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The Federal Reserve Board released its Beige Book report for February indicating economic activity in the Tenth District was pacing at stable conditions but new commercial real estate development has all but ceased. While demand for credit remained stable across…
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A study from Rent.com shows Kansas City rent prices have increased more than 7 percent year-over-year and Missouri’s rent growth leads nationally. From January 2023 to January 2024, rent prices rose by 1.13 percent, from $1,942 to $1,964. However, the…
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Posted February 29, 2024 In his debut public speech, Kansas City Federal Reserve Bank President Jeffrey Schmid said he would remain patient before deciding to cut interest rates and is committed to returning the inflation rate to the Fed’s target…
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Posted February 15, 2024 Leawood-based fintech company Euronet Worldwide Inc. announced its acquisition of Singapore-based Infinitium Holdings Pte. Ltd, expanding its reach to many countries in Southeast Asia. Infinitium is a digital payments company that provides risk management and payment…
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Posted February 15, 2024 Creighton University released its Rural Mainstreet Index for February and reported that 44 percent of bankers consider farmers’ financial conditions to be worsening. The overall Rural Mainstreet Index (RMI), ranging from 0 and 100 with a…
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Posted February 13, 2024 Zillow released its January 2024 Rental Market Report, showing how rental prices have increased in Kansas City, and other major cities, despite apartment construction on the rise and cooling for economic growth in the nation. Rents…
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Posted February 5, 2024 The match schedule for the FIFA World Cup 2026 was announced Sunday and unveiled what matches Kansas City will host. Kansas City will host six games at GEHA Field at Arrowhead Stadium, according to the schedule.…
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