National


In A Nutshell: Seeking Something Closer to Normal

During recent weeks we’ve witnessed more Americans speaking out against a wide array of nonsense and finally seeking more “common sense”.  Maybe that’s one reason the stock market has been so robust – foreseeing a long overdue return to sanity. … more

Kansas No. 1 in new daily COVID-19 cases Tuesday

According to the New York Times’ latest report of U.S. cases, Kansas represents the U.S. state with the most new cases per 100,000 recorded Tuesday. The table is sorted by states with the most cases over the last seven days.… more

Missouri to soon receive first round of $484 million infrastructure investment

A new program from the U.S. Department of Transportation will soon deliver the first payout of a five-year $484 million investment to rebuild bridges across the state. In the first year of the program, Missouri will receive $96.9 million. Funding arrives… more

Canadian competitor asks regulators to force divestiture of KCS line before merger

A notice of intent from Canadian National (CN) is asking regulators to require Canadian Pacific (CP) and Kansas City Southern (KCS) to divest the Springfield Line as a condition of their merge. The divestment would allow Canadian National to take… more

Private insurers to cover cost of at-home rapid antigen tests

With the nation recording the highest case COVID-19 case counts since the pandemic began in March 2020, the Biden administration has directed private insurers to cover the cost of up to eight at-home coronavirus rapid tests per person, per month.… more

In A Nutshell: Better Things Might Come In 2022

The stock market ended 2021 with a Santa Claus rally, even as the spread of COVID-19’s Omicron variant caused states to reimpose masking requirements and other restrictions. Warnings that commerce would be restricted followed many as countries reimposed restrictions on… more

Mortgage rates display end-of-year increase

Despite a wave of new COVID-19 cases, mortgage rates started 2022 on an upswing. The average rate on the popular 30-year mortgage marked 3.64 percent on Monday, Jan. 10 after a two-week increase in December. Available economic data was slow… more

Trepp: CMBS Delinquencies Break 17-Month Decline

The rate of delinquencies in U.S. commercial mortgage-backed securities increased in December, breaking a 17-month string of declines that began after the worst of the COVID-19 downturn took hold in early 2020. According to the commercial realty analytics firm Trepp,… more

Creative Planning Adds $300M Cincinnati Firm

Well, that didn’t take long: Just weeks after sealing a deal that made it the region’s second-largest wealth-planning firm, Creative Planning has started the new year with another significant acquisition. This time, it has added Berno Financial Management, a Cincinnati… more

IRS Raises Mileage Rates for Business

The Internal Revenue Service has issued its 2022 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. The agency issued a news release that said, effective this week,… more