National

PPP new guidance

A new PPP announcement was made late afternoon Tuesday, the SBA updating forgiveness guidelines for small business owners who have received loans through the Paycheck Protection Program and issuing new guidance titled Interim Final Rule on Revisions to Loan Forgiveness… more

List released of distressed or underserved areas

At a time when many communities across the U.S. are suffering from the financial effects of COVID-19, the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency provide the updated list of… more

Jobless claims continue their decrease

Data for seasonally adjusted unemployment insurance claims show that in the week ending June 20, the advance figure for adjusted initial claims had lowered over the course of a week. Claim figures showed 1,480,000, a decrease of 60,000 from the… more

In a Nutshell by Ken Herman

The headlines that everyone feared crossed the tape in the middle of last week, when it was reported that a resurgence of COVID-19 cases was hitting Texas, Arizona, Florida, and California. That unwelcome news offered a motive for some aggressive… more

Virus spikes show increased need for caution, Fauci says

The next few weeks are critical to tamping down a disturbing coronavirus surge, Dr. Anthony Fauci told Congress on Tuesday — issuing a plea for people to avoid crowds and wear masks just hours before mask-shunning President Donald Trump was… more

NFL and MLB announce season plans for 2020, K-State announces 14-day suspension

Major League Baseball and the National Football League have either already announced or are beginning to announce upcoming season plans for 2020. According to USA Today, Major League baseball owners and Commissioner Rob Manfred have worked out plans for a… more

Housing market sales reach an unexpected 16% increase despite COVID-19 regulations

During the month of March sales were declining rapidly for home market sales, yet new numbers reported from the Census Bureau saw growth and will predictably continue for the following month. Just before numbers were released showing new sales, the… more

Increase in U.S. job hiring still shows high unemployment rate

In May, employers in 46 states added jobs following a promising addition of 2.5 million jobs in April nationwide, according to the AP. The surprisingly gain gave hope that the job market bottomed out in April, however recent numbers show… more

Coping with COVID: Quarantine fatigue could be the cause in rise of new cases

In Missouri stay-at-home orders have been lifted, with local exceptions throughout the state including in the Kansas City metro. Over the last several days, the state and surrounding Kansas City region has seen a growing number of new cases. State… more

Second PPP loan possible with new bill proposal

Businesses with fewer than 100 employees may be able to draw once again from the Paycheck Protection Program, according to a report from Fox Business. On June 18, the Prioritized Paycheck Protection Program Act was introduced by Sens. Ben Cardin,… more