National
New-home listings in the Kansas City area plunged 35.7 percent year over year as of April 5, according to Zillow. That number exceeds the national average drop of 27.1 percent. It is a strong contrast to March 1, when they…
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Federal aid began flowing today to cash-strapped rural hospitals across Kansas, U.S. Sen. Jerry Moran said this morning. Although federal aid to business approved in March excluded rural hospitals owned by political subdivisions, Moran said additional federal money was being…
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As the nation’s banks continue to fine-tune the Paycheck Protection Program implemented by Congress to help avert layoffs during the COVID-19 crises, today looms as a key date in phase II of the $349 billion program. As of this morning,…
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Banks have been quick to respond with customer-driven programs that may be forsaking short-term revenue gain, preserving the longer-term relationships that will be valuable once the recovery begins While the Small Business Administration is forgoing traditional loan structures with banks…
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Leslie Davis is the owner of True Peace Financial Solutions in Overland Park, Kan., an affiliate of Topeka-based AE Wealth, which has more than $7 billion in assets under management. She talked about challenges in the investment market right now.…
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A year that started on with a booming U.S. economy is now certain to include a recession. That’s the take-away from UMB Bank’s chief investment officer, KC Mathews, who has issued a 2020 economic forecast updated to reflect the impact…
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“The greatest financial relief we can give small and mid-sized businesses in this economic crisis is faster payment of their outstanding invoices—liquidity.” With that declaration, Kansas City’s Sandy Kemper, founder and CEO of C2FO, is calling for a different approach…
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Unemployment claims were in excess of six million for the second week in a row, due to COVID-19, bringing the numbers to nearly 17 million over the last few weeks. For the week ended April 4, claims were 6.06 million,…
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Overland Park-based wealth-management firm Waddell & Reed's assets under management took a plunge from February to March, dropping from $65 billion to $56 billion. The fall has taken place as the stock market saw extreme volatility during that time frame.…
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The CDC has issued guidance for critical infrastructure employees who might have been exposed to someone with COVID-19 to return to work. Critical-infrastructure employees are considered those who work in 16 different sectors, including those in law enforcement, janitorial staff,…
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