Economy
U.S. Treasury Secretary Steven T. Mnuchin and U.S. Small Business Administration Administrator Jovita Carranza calling for Congress to appropriate more funds toward the Paycheck Protection Program and Economic Injury Disaster Loan Program, due to the havoc that COVID-19 has wreaked…
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Q: What has impressed you most about the leadership you’ve seen from various companies in Kansas City in responding to the current health crisis and its economic impact? A. I’m impressed but not surprised with how Kansas City has come…
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Small Business Administration loans are a major topic right now in the face of COVID-19. Tom Salisbury, the Regional Administrator for SBA’s Region VII states of Missouri, Kansas, Nebraska and Iowa, talks about the Paycheck Protection Program (PPP) and other…
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March new-housing starts fell 23.1 percent from the prior month, according the the U.S. Census Bureau, hitting just over 1.2 million. However, that number was a 1.4 increase from March 2019. Meanwhile, housing completions also dropped, falling 6.1 percent month…
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Another 5.2 million people filed for unemployment last week, according to the U.S. Department of Labor, bringing the total over the last four weeks to about 22 million. For the week ended April 4, the number was revised up by…
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Kansas City Mayor Quinton Lucas has extended the city's stay-at-home order until May 15, after being advised to do so by public health officials. The previous stay-at-home order was issued in March and set to expire on April 24. Kansas…
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The University of Missouri System is expected a $180-million budget shortfall due to impacts from COVID-19, said Mun Choi, president of the system. "We have a challenging road ahead," he said, estimating that the country is facing a 13 percent…
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Airports are getting stimulus money through the federal government via CARES Act grants, and the Kansas City International Airport will be one of the recipients . KCI will receive just under $43.3 million in stimulus. Airports across the country will…
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Kansas City-based law firm Shook, Hardy & Bacon has created a national map that has state and city information about their various COVID-19 restrictions and policies, including employer resources. "We were hearing from clients, who need to make important decisions…
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U.S. residents now have a resource from the Internal Revenue Service where they can track the status of their stimulus checks. Titled Get My Payment, it shows when people would receive payments of up to $1,200 for individuals, $2,400 for…
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