News


New Senate bill to tackle purported bank discrimination

This week Congress members introduced a new bill called the Fair Access to Financial Services Act to the Senate Banking Committee. The bill seeks to outlaw discrimination against bank customers, supporters claiming that a loophole in federal law allows discrimination… more

Beige Book report shows KC economic activity increased slightly in September

In the latest Beige Book, overall economic activity continued to increase across all districts, with the pace of growth characterized as slight to modest in most districts. Changes in activity varied greatly by sector. Manufacturing activity generally increased at a… more

Missouri governor to stop in KC today for announcement on former Bannister federal complex

Gov. Mike Parson is scheduled to appear in Kansas City this afternoon for what’s being billed as a major announcement related to the redevelopment of the former Bannister federal complex in south Kansas City. Details of his agenda weren’t released,… more

KCMO council to vote today on outdoor dining extension

Many Kansas City metro restaurant owners are concerned that as the weather changes, so too will the amount of customers wanting to eat outside. On May 21, the KCMO City Council allowed restaurants to open dining rooms to the sidewalk or, in… more

Single-family home prices rise to record high

Homes sales continued to climb in September, no shortage of buyer yet despite COVID-19 and an unrelenting inventory shortage. Building on an already strong pace set in July and August, sales figures in September rose at their fastest annual rate… more

Coping with COVID: Missouri governor calls special session to discuss additional COVID-19 funding

Missouri Governor Mike Parson announced a special session on a supplemental budget bill beginning Thursday, November 5. Since the General Assembly passed the FY 2021 budget in May, additional federal funding has been made available to the state, including funding… more

Jobless claims now under 800K since March

In the week ending October 17, the advance figure for seasonally adjusted initial claims was 787,000, a decrease of 55,000 from the previous week's revised level. The previous week's level was revised down by 56,000 from 898,000 to 842,000. The… more

Overland Park-headquartered Netsmart buys Florida health technology company

Overland Park-based Netsmart Technologies Inc. has bought an out-of-state health technology company, Tellus, LLC. Based in Florida, Tellus specializes in electronic visit verification and home health care claims. Other services include appointment scheduling, caregiver check-in and checkout, and more. Prior to… more

St. Louis biotech startup acquired by international pharmaceutical company

Pharmaceutical maker Eli Lilly and Company has purchased Disarm Therapeutics, a startup biotechnology firm founded by researchers at Washington University School of Medicine in St. Louis. Disarm Therapeutics was co-founded by Jeffrey Milbrandt, MD, PhD, and Aaron DiAntonio, MD, PhD, to speed… more

Data shows steady hospital capacity in Kansas City metro

Contrary to recent news reports circulating information that Kansas City hospitals are experiencing a surge in capacity, a recent summary report from the Kansas Hospital Association, which includes data for the Kansas City metro, seems to show otherwise. Among 43… more