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Local News

Kansas City economic activity displayed moderately paced expansion in November

Released on Dec. 1, The Beige Book – a report from the Federal Reserve summarizing economic conditions in each Federal Reserve District – shows the Kansas City district performed decently over the course of October and November. According to the… more

In a Nutshell: The Current Administration’s Inflation Is No Aberration

Capital Markets are still reeling from the shock of the recent 0.94% CPI increase. This jump was shocking! The last time CPI rose more was in June 2008, when oil spiked to $145 a barrel. Assuming this October inflation increase… more

Q&A with Bob Regnier, Bank of Blue Valley

Q: What elements came together that told you this was the time to pull the trigger on transition? A: A number of things. Sold the bank, technology was bypassing me, COVID-19 reflection, a tougher and more competitive banking environment, and… more

Missouri effort tests for new virus variants in wastewater

The onset of a new COVID-19 variant dubbed Omicron has local and state researchers continuing in their mission to detect any trace of the variant (and any potential others) in the area through wastewater samples. Omicron was first identified by… more

Kansas boosts funding to retain front-line healthcare workers

Funding from the state of Kansas - in cooperation with hospital systems in the state - is increasing funding to Kansas health systems to help hospitals retain front-line workers experiencing burnout during COVID-19. Kansas has instituted $50 million through the… more

FDA panel endorses COVID-19 pill from Merck

On Tuesday, Nov. 30, a panel of the U.S. Food and Drug Administration's outside drug advisers voted to endorse antiviral pills developed by Merck and Ridgeback Biotherapeutics. The pills received approval to be prescribed for COVID-19 to treat the virus… more

November COVID-19 metrics send mixed signals

Statistics associated with the COVID-19 pandemic in the two-state region paint a mixed story of progress and decline for the month of November. There’s no question that, in Missouri, the virus staged a comeback from its Delta-variant lows recorded just… more

Demolition of former library to become multifamily project

A site once grounds of the Olathe Public Library Indian Creek branch is in the process of being demolished. With this month’s completion of financing for the 318-unit apartment project and demolition of the existing structure underway, Block Real Estate… more

Former Sprint campus to become company’s new North American headquarters

EML Payments, an Australia-based fintech company, has plans to move it's North American headquarters across state lines into Overland Park by April 2022. The company signed a lease for 11,773 square feet of space on the Aspiria campus, previously the… more

Annual home prices up 19.5 percent in September

Pandemic-era house price growth in the United States galloped to the fastest pace ever recorded in the summer, but this pace slowed a little in the latest report. In September, the CoreLogic Case-Shiller 20-City House Price Index rose three times… more