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Economy


We’re In an Economic Crisis. But Companies Are Hiring

Several major companies are hiring right now despite COVID-19's significant downward-pull on the economy and the historic stock market crash. All of them have a significant presence in the Kansas City Metro area and could potentially ease the pain for… more

KS Gov. Kelley Providing Hospitality Industry Financial Relief

Kansas Gov. Laura Kelly has announced the allocation of $5 million to go to businesses in the hospitality industry impacted by COVID-19. Businesses could get a one-time loan of $20 million at zero percent interest without required payments for four… more

COVID-19 Shuts Down Much of KC

No more than 10 people at a time are allowed to gather socially in Kansas City, and restaurants and bars are closed for two weeks for in-person dining, as ordered by  Mayor Quinton Lucas yesterday evening, in an update to… more

Mayor Lucas Issues State of Emergency

Mayor Quinton Lucas has issued a State of Emergency in Kansas City that will last for an initial 21 days in order to prevent the spread of the COVID-19 virus. One of the main conditions of the order issued prohibits… more

U.S. Job Report Strong Amid Coronavirus Concerns

The global coronavirus outbreak hasn't hurt the strong U.S. labor market ... yet. Unemployment in February dropped slightly, to 3.5 percent from 3.6 percent in January, according to the U.S. Bureau of Labor Statistics. Meanwhile, national payrolls rose by 273,000… more

Hoping for Hyperloop? Missouri Residents Have Company

Missouri economic-development and community leaders have been pushing hard to land the first U.S. installment of Virgin Hyperloop One, a high-speed transportation platform that could one day send travelers to destinations at up to 700 miles per hour and make… more

Earnest Rouse Designated as KCMO Acting City Manager

Earnest Rouse, Kansas City's assistant city manager and director of general services, has been designated by Mayor Quinton Lucas to serve as acting city manager until a search is completed to fill the role permanently. The city council will vote… more

United Country Real Estate Affiliate Grows in Florida

United Real Estate, a residential brokerage firm that is a sister firm of Kansas City-based United Country Real Estate, has acquired a Fort Lauderdale, Fla.-based Charles Rutenberg Realty, adding about 1,000 professionals based in South Florida to its national network. … more

USDA Picks KC Headquarters Site

The USDA has chosen 805 Pennsylvania Ave. as the new headquarters for its Economic Research Service and National Institute of Food and Agriculture offices.  Its decision follows a June announcement by the agricultural department that it was relocating the agencies… more

Next Step For Hyperloop: 12-Mile Missouri Track Site

The Virgin Hyperloop One, which will be able to take passengers from Kansas City to St. Louis in 30 minutes, according to the company behind it, needs a 12-to-15-mile test track in Missouri for the new form of transportation to… more