Local
Taliban fighters easily took over the presidential palace in Kabul recently, after a stunning blitz across Afghanistan that saw them seize most of the country in just over a month. Afghan President Ashraf Ghani also fled abroad with what has been…
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Construction is beginning on a $36 million multi-sport facility north of the river. The complex, near Missouri Highway 152 and Platte Purchase Drive, will have ten synthetic turf fields to be used for soccer, football, baseball, softball and lacrosse. It will…
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The Delta variant’s rapid rise in new cases and hospitalizations is stoking concerns about ever getting back to normal. How is this new surge in cases possible, considering that so many people have been vaccinated? Over 70% of US adults…
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GDP rose 6.5% in the still recovering second quarter, below the 8.4% consensus, but above its pre-pandemic peak in Q4 2019. Notably, declining inventories shaved 1.13 percentage points off GDP growth. This was not as much as the 2.62 inventory…
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Inflation is making headlines all over the country, but the mainstream media is not being honest about the true severity of the crisis. We are being told that the official rate of inflation is still in single digits, but what we aren’t…
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The majority of stocks in the S&P 500 have announced their first-quarter results and, so far, the average sales and earnings surprises are running at 3.7% and 23.2% (respectively above consensus analyst estimates). This is why analysts are so busy…
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The primary takeaway from the latest FOMC meeting is that it expects booming Q2 consumption as well as GDP growth. However, concerning economic growth during the remaining six months of this year, Wall Street expects growth and inflation to moderate. …
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June statistics provided another huge jump in (CPI) inflation numbers! While June may also have been another month where excluding this and that might make inflation look transitory, the Fed’s patience will likely be tested. Headline CPI rose 0.9% in…
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Housing statistics confirm that houses available to purchase are extremely limited, so the volume of sales continues declining. While rapidly rising prices of lumber and other components may have impacted the reduced number of housing starts, there appears to be…
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The Missouri Department of Economic Development it will be spreading $15.8 million across 38 different community development projects across the state. The focus is to improve infrastructure such as damaged streets and drainage improvements, but the projects vary across the…
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