Local News
Heading into the final full week of stay-at-home directives from the state and from local governments in Kansas, physicians at the University of Kansas Hospital said today that public efforts to prevent the spread of the COVID-19 pandemic here had…
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The Federal Reserve Bank of Kansas City's month manufacturing survey examining the region had its lowest reading in its history since launching in 1994. “Regional factory activity continued to decline in April, with our composite index falling to the lowest…
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The House of Representatives has passed a $484-billion relief bill that would fund small businesses and hospitals, and now the measure goes before President Donald Trump. The bill includes $320 billion to replenish the Paycheck Protection Program (PPP) for small…
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North Kansas City officials have amended stay-at-home orders in the city and have pushed the date back from May 15 to May 3, following similar move by Clay County earlier in the week. North Kansas City Mayor Don Stielow moved…
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Children's Mercy Kansas City is furloughing 575 employees for 60 days and executives are taking pay cuts as a result of business loss from COVID-19. The pediatric health system is losing about $1 million in revenue per day, as surgeries…
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A team of Citigroup analysts said that there will be a bear market in the U.S. investment market for some time to come. “All bear markets include false rallies, often associated with supportive monetary policy. But markets only find a…
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The House of Representatives today is set to vote on a $480-billion bill that would give relief to small businesses and hospitals. The Senate approved the measure earlier in the week, and President Trump is expected to sign the bill,…
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The Small Business Administration today issued new guidance for its Paycheck Protection Program. It's new guidance had verbiage that would make it less likely for large companies and institutions like the burger chain Shake Shack, which has a location in…
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Mark Larrabee is the president and chief executive officer of the Kansas City market for Arvest Bank. He talks about SBA stimulus loans and their distribution process. Q: Have you heard yet from the SBA about any adjustments to PPP…
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New-home sales in March fell 15.4 percent from February and were down 9.5 percent from the same year-ago period, according to the U.S. Census Bureau. There were 627,000 new homes sold last month, 333,000 new houses for sale, and the…
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