News

Affordable housing ordinance receives vote of approval from Kansas City Council members

Future incentivized apartment housing projects in Kansas City, Mo. face a new ordinance that will take effect in April. During a Thursday Kansas City Council meeting, members unanimously approved an ordinance that requires a minimum of 20 percent of units… more

GDP rises in Q4, year shows overall decline of 3.5 percent

After a year dominated by COVID-19, the economy closed 2020 in decent conditions, all things considered. Gross domestic product (GDP), increased at a 4 percent pace in the fourth quarter, slightly below the 4.3 percent expectation from economists surveyed by… more

SBA applies extension to 8(a) business development program

The U.S. Small Business Administration has granted an extension to select 8(a) Program participants due to COVID-19 challenges, allowing eligible applicants to elect a one-year program extension in the SBA’s 8(a) Business Development Program. The 8(a) program helps these firms… more

Overland Park OneDigital adds $7B in assets with acquisition

OneDigital Retirement + Wealth in Overland Park, Kan., one part of the whole that makes up OneDigital Investment Advisors in Atlanta, Ga., has gained new strength through the company’s latest acquisition of Fulcrum Partners. The acquisition has added roughly $7… more

In a Nutshell

We now have a new, much more liberal president. One of his first actions was to propose an additional $1.9 trillion stimulus package that includes $1,400 per-person direct payments to most households, a $400 per week unemployment insurance supplement through… more

Weekly jobless claims fall below expected totals

In the week ending January 23, the advance figure for seasonally adjusted initial claims was 847,000, a decrease of 67,000 from the previous week's revised level. The previous week's level was revised up by 14,000 from 900,000 to 914,000. The… more

Boulevard Brewing president, two other top officials resign

Boulevard Brewing Co.’s President, Jeff Krum, resigned on Wednesday following accusations that sexual harassment was pervasive at the company and went unchecked by top officials for years.  Krum joins two other top officials that have resigned from their positions with… more

KCMO Council to vote on affordable housing ordinance

Members of the Kansas City, Mo. City Council are expected to vote Thursday on an ordinance that would require any housing developer receiving tax incentives from the city to reserve a portion of their units for affordable housing. The proposal comes… more

Coping with COVID: Seven-day moving average of daily new cases on a downturn in Kan., Mo.

The bi-state region is beginning to show recovery in terms of daily new cases. Over the last two weeks, Kansas has shown a steady decline in the seven-day moving average of daily new COVID-19 cases. As of Thursday, Kansas showed… more

Kansas unemployment system to temporarily close, add new security to combat fraud

The Kansas Department of Labor will launch a new identity theft system on Saturday, according to a Wednesday news release from the department. “Since the start of the pandemic, the Kansas Department of Labor has been fighting two battles –… more