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Local News

Data Analysis; Average Student Debt For KS, MO

Posted December 4, 2023 Degree Choices released a ranking based on data from the Office of Federal Student Aid to find the colleges and universities with the most student debt. How do Kansas and Missouri fair against the state with… more

Creative Planning Acquisition Bolsters Its East Coast Presence

Posted December 4, 2023 Overland Park-based Creative Planning has acquired a financial advisory firm in Delaware-based Daniels + Tansey. The firm specializes in tax and investment services for individuals and small businesses. Daniels + Tansey notably serves 150 high-income individuals… more

Manufacturing Index Shows Recession Risk, Drop in Employment

Posted December 1, 2023 Creighton University released its Mid-America Business Conditions Index survey that shows the manufacturing economy throughout the Midwest region teetering into a recession risk. The Mid-America Business Conditions Index, an economic indicator for the nine-state region including… more

KC Current Stadium To Use AI Security When Season Begins

Posted November 30, 2023 The Kansas City Current Stadium will be using AI technology to screen guests at the gates of the stadium when the 2024 season begins. The CPKC Stadium, which has a capacity of 11,500 patrons, will feature… more

Missouri Minimum Wage Will Increase Next Year

Posted November 30, 2023 The minimum wage in Missouri is increasing to $12.30 per hour for the next calendar year. Missouri’s new minimum wage will increase by $0.30 from the previous minimum wage of just $12.00 starting Jan. 1, 2024,… more

Fed Beige Book; Loan Demand Remaining ‘Tepid’ For November

Posted November 30, 2023 The Federal Reserve Board released its latest Beige Book report which shows Kansas City and the Tenth District’s economic activity declining slightly with loan demand remaining “tepid” across banks in the district. The Beige Book—a report… more

U.S. GDP Grows to 5.2% in Q3, Higher Than Original Estimates

Posted November 30, 2023 Gross domestic product (GDP) increased by 5.2 percent in the third quarter of 2023, according to a second estimate released by the Bureau of Economic Analysis. Initially estimates held the GDP at 4.9 percent. The Bureau… more

Leawood Accounting Firm Stratus Group Sells to NDH Advisors

Posted November 30, 2023 Leawood-based accounting firm Status Group LLC has been acquired by NDH Advisors LLC, a Chicago-based accounting firm under a larger private equity company. Terms of the transaction were not disclosed. Stratus Group employees will become part… more

UMB Promotes Eric Kelley as New CIO

Posted November 29, 2023 UMB Bank has announced Eric Kelley as UMB’s new chief investment officer. Since July, Kelley has been working as interim CIO. Now, Kelley will oversee the company’s private wealth management investment team which includes a new… more

KC Streetcar Extension Jumps In Price by 75 Percent

Posted November 29, 2023 The KC Streetcar Berkley Riverfront extension is being impacted by the effects of higher construction costs, causing the estimated cost to surge by 75 percent.  The original estimated price for the 0.7-mile extension was $34.9 million.… more