National

Waddell & Reed acquired in billion-dollar sale

Kansas City-headquartered Waddell & Reed Financial Inc. has been acquired, soon to begin the merge with global financial services company, Macquarie Group. An sale agreement worth a lofty $1.7 billion was made with Macquarie Asset Management, Macquarie Group out of… more

CDC panel recommends elderly, healthcare workers receive COVID-19 vaccine priority

A resounding consensus on which groups should receive the first doses of a new COVID-19 vaccine has been determined after a vote from CDC panel on Tuesday. The panel consists of 15 voting members responsible for making vaccine recommendations and… more

Mo. reports 99.9 percent census enumeration rate

Over a month following the conclusion of the 2020 Census on Oct. 15, results from the Missouri 2020 Complete Count Committee final report have been published this week. The Missouri 2020 Complete Count Committee was established back in December 2018… more

Homeowners in mortgage bailout programs rise

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Housing demand expected to continue, remain high

Record-setting high demand for housing isn’t expected to let up any time soon. A leftover effect from the Great Recession, many Millennials that lost out at the chance to become homeowners are anticipated to join Gen Z’s in the search… more

New homes sales fall in October, raise year-over-year

October new home sales totaled 999,000 (SAAR), down 0.3% from upwardly revised September numbers but up 41.5% from October 2019, according to the U.S. Census Bureau. The median sales price of new houses sold in October 2020 was $330,600, up… more

Coping with COVID: Moderna prepares to apply for FDA authorization of COVID-19 vaccine today

Following the lead of Pfizer, Moderna will now be the second company to submit its COVID-19 vaccine for approval from the Food and Drug Administration (FDA). The Massachusetts-based biotechnology company has since finished its Phase 3 trials and said it… more

Labor market takes hit as jobless claims rise sharply

The labor market took a hit the week ending Nov. 21, first-time jobless claims rising from the prior week and above economist's expectations. Seasonally adjusted data shows initial claims reeled in 778,000, an increase of 30,000 from the previous week's revised… more

Officials fear COVID-19 spike from holiday travel

Is America in a second wave—or even a third one—with the COVID-19 pandemic? A number of medical professionals around the world believe the answer to that is “no.” They see the spike in cases seen across Europe and the U.S.… more

Case-Shiller Index flies high in September, rises 7 percent

September's Case-Shiller national Home Price Index results highlighted growth, the index rising 7 percent year-over-year for the month. Although the smaller 10- and 20-city composite indices grew more slowly, year-over-year growth bumped up above 6 percent in each (6.2 percent… more