National


October Housing Starts Shows Signs of More Multi-Family Development

Posted November 21, 2023 Housing starts in the U.S. are increasing above pre-pandemic levels but high demand and mortgage rates are continuing to cause a slowdown in single-family development. The seasonally adjusted annual rate for housing starts reached 1.37 million… more

Park University Cuts Faculty and Degrees Following Low Enrollment

November 20, 2023 Park University is laying off faculty, cutting majors and closing campuses due to low enrollment numbers. In an emailed statement, the private university informed staff members it would be laying off 16 faculty positions in areas with… more

Top KC Accounting Firm Forvis To Form Global Network With Mazars

Posted November 16, 2023 Kansas City’s top accounting firm Forvis and Paris-based Mazars jointly announced the two companies will be forming a partnership to create a new global network launching next year. The new network— Forvis Mazars —aims to continue… more

Report: Healthcare Sector Reaches Record-Breaking Distress Levels

Posted November 15, 2023 The law firm Polsinelli released its TrBK Distress Indices report, which shows the economic distress for the healthcare industry is at its highest in 15 years. The US economy is seeing increased distress across the board,… more

Moody’s Cuts U.S. Gov. Outlook To Negative, From Stable Rating

Posted November 13, 2023 Moody’s Investors Service on Friday lowered its outlook rating on the United States government to negative from stable, citing spikes in interest rates and a lack of effective fiscal policy as key factors. Moody’s affirmed the… more

New Record For Americans Credit Card Debt Reaches $1.08T

Posted November 9, 2023 A new report on household debt from the Federal Reserve Bank of New York shows Americans have reached a cumulative $1.08 trillion in credit card debt. Credit card balances increased by $48 billion to $1.08 trillion… more

Syphilis Cases In U.S. Newborns Experience 30-Year High

Posted November 8, 2023 This is an updating story The latest rise in Syphilis cases in newborns has alarmed health officials who are calling for better access to prevention and testing. However, state and local health departments are receiving little… more

WeWork Files For Bankruptcy Protection In U.S., Canada

Posted November 7, 2023 The office-sharing company WeWork has filed for Chapter 11 bankruptcy in federal court Monday. The company’s decision to file for bankruptcy is part of a restructuring plan to decrease its debt of $18.65 billion against total… more

Report: Only One Third Of Americans Display Career-Building Skills

Posted November 6, 2023 A study by the Kansas City-headquartered DeBreuce Foundation shows around one-third of Americans are employment empowered, defined as individuals having influence in work conditions, stability, income, benefits and fairness. The study titled, Start Early, Succeed Sooner:… more

Kansas City Jury Verdict Calls For $1.8B In Damages Paid By Real Estate Brokers

Posted November 2, 2023 A Kansas City jury in the federal case of Burnett v. National Association of Realtors (NAR) ordered the NAR and other entities liable for approximately $1.8 billion in damages after being found guilty of colluding to… more