National

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

AMC Entertainment Holdings stock surges nearly 300 percent

A number of companies experienced a boost in stock values at the market's opening bell on Wednesday, including Kansas City-based AMC Entertainment Holdings.   The struggling theatre chain saw an over 200 percent climb in stock value Wednesday morning from… more

Kansas City noted among best cities for work-life balance

In the era of COVID-19, much has changed in the workplace. For many, their work-life balance has skewed significantly over the course of the last year, impacted drastically by remote work and other effects of COVID-19. A study by SmartAsset… more

Housing market value leaps in 2020, makes 15-year gains

Last year was a record-setting year for the housing market. In 2020, strong demand drove intense competition among buyers, causing homes to fly off the market at record-speed and pushing prices higher, according to a report by Zillow. Housing demand… more

Metro-based MGP Ingredients makes $475M acquisition

MGP Ingredients Inc. out of Atchison, Kan. reached an agreement to acquire St. Louis-based Luxco Inc. in a cash-and-stock deal valued at $475 million. Founded in 1941, MGP is considered a leading supplier of premium distilled spirits, contracting recognizable brands… more

Chiefs beat Bills, to take on Bucs in Super Bowl LV

A Chief's win on Sunday will send the team to Tampa, Fla. on Feb. 7, 2021 to play against the Buccaneers in Super Bowl LV. While COVID-19 has put a damper on celebrations and a potential big boost in spending,… more

Missouri, Kansas hold low in cost of living

Not for the first time, Missouri had one of the lowest cost-of-living ratings in the U.S. for the third quarter of 2020. The Show-Me State had the fifth-lowest rating, according to the Missouri Economic Research and Information Center’s cost-of-living index, at… more

Bankruptcy halted for AMC with new equity, debt capital

Bankruptcy appears to be out of the question for AMC Entertainment Holdings Inc., according to CEO Adam Aron in a Monday news release. The release said the theater chain has raised more than $900 million in new capital since mid-December… more

Coping with COVID: Missouri among lowest in nation for rate of distribution of COVID-19 vaccine

According to the data, 4.4 percent of people in Illinois have received the first shot, which ranked 44th of the 50 states. Both Missouri and Illinois are below the percent for the entire country. As of Sunday, 5.6 percent of… more

PPP approves 60,000 loans in first week worth $5B

Approximately 60,000 Paycheck Protection Program (PPP) loan applications submitted by nearly 3,000 lenders was approved by the U.S. Small Business Administration in the first week of the program's reopening. Loan approval totaled over $5 billion for the 60,000 approved submissions.… more