National

Aid from lending authorities is limited say Powell, Mnuchin

While many business and sectors continue to face financial strain and seek support from emergency lending programs, Federal Reserve Board Chair Jerome Powell and Treasury Secretary Steven Mnuchin say there are limits to current programs. During a testimony before House lawmakers, Powell and Mnuchin… more

Two Kansas City, Mo. organizations receive investment from U.S. Department of Commerce

An investment of $35 million was made to 52 different organizations, U.S. Secretary of Commerce Wilbur Ross announced in September. Those selected for grant funding were a mixture of nonprofits, institutions of higher education and entrepreneurship-focused organizations in 36 states.… more

Weekly jobless insurance claims decrease near September’s end

In the week ending September 26, the advance figure for seasonally adjusted initial claims was 837,000, a decrease of 36,000 from the previous week's revised level. Prior week's level was revised up by 3,000 from 870,000 to 873,000. The 4-week… more

Rate of Gen Z living at home remains high

The far-reaching impact of COVID-19 has affected nearly every U.S. household and every age, for many young adults, shifting their employment and living situation. Often referred to as Gen Z, a surge of young U.S. adults age 18-25 are now… more

Current housing market causes optimism for 2021, jobless rate causes uncertainty beyond

One area of the economy on a remarkable rise is the housing market, home value and sales on a continued upward climb over the last few months. Strength in the market has been noted nationwide as well as in the… more

Kansas City, Mo., St. Louis make Top 25 cities where renters can afford to live alone

Finding a place to call home can be difficult at times for renters, especially those that want to live alone. Data from SmartAsset shows that just two years ago in 2018, the median monthly rent was $891 for a studio… more

Lumber demand, prices remain high in the U.S.

The housing market was one of the first industries to make a turnaround following the onset of COVID-19, making quick, long strides toward recovery to the surprise of many. Another related surprise is the soaring demand and cost of lumber… more

Enfinite Capital, Diode Ventures sell solar development to international renewable energy company

Kansas City-headquartered Enfinite Capital and Diode Ventures have sold a Fort Bend, Texas solar photovoltaic project to international renewable energy leader ACCIONA, according to a Monday news release. With U.S. headquarters in Chicago, Spanish conglomerate ACCIONA develops and manages infrastructure… more

Six Kansas schools receive national award

On Friday, Kansas Gov. Laura Kelly revealed that six Kansas school have received National Blue Ribbon Schools 2020 recognition. A national award program under the U.S. Department of Education, National Blue Ribbon Schools honors public and private schools at the… more

Coping with Covid: Metro, state and nationwide cases

New coronavirus data from over the weekend shows the Kansas City metro had a mild weekend with no new COVID-19-related deaths Sunday. This data follows an overall downward trend in the death rate for both Missouri and Kansas. While the… more