Kansas

Fed Voices Extreme Economic Uncertainty

Federal Reserve leaders are worried about a continued spike in COVID-19 cases that could impact the economy longer term, even though locales are reopening for business. The Fed, which has cut interest rates near zero, sees potential major economic further than… more

Target Sales Jump in First Quarter

Retailer Target Corp. saw sales rise 10.8 percent year over year during the first quarter as shoppers flocked its stores and website at the start of the COVID-19 outbreak. Digital sales skyrocketed 141 percent year over year, while store sales… more

Jobless Claims Dip, but Picture Far From Pretty

Just more than 2.4 million filed unemployment claims during the week ended May 16, which was an improvement of 249,000 from the prior week, according to the U.S. Department of Labor. However, with that addition there have been about 39… more

CDC Releases Reopening Guidelines

Increased COVID-19 testing is stressed in a new Centers for Disease report on how the country should reopen in the wake of the virus' spread across the a nation. Based on the results of the testing, coupled with the efforts… more

Back to Business: The Very First Steps

The numbers suggest COVID-19 is easing its pandemic grip on the U.S., and with states lifting restrictions on business activity, tens of thousands of business owners will be trying to come up with their own answers to a shared question:… more

Hopeful Metrics on COVID-19 as of May 20

Health-care executives across the nation, like their counterparts in elective office, are anxiously studying metrics on the COVID-19 pandemic as states lift restrictions on business activity. They might take some measure of comfort from the latest statistics on the spread… more

‘Panic Shopping’ Boosts Walmart

Walmart reported strong sales and profits during its most recent quarter due to a surge in sales due to consumers wanting to stock up on household goods during the COVID-19 pandemic. Same-store sales rose 10 percent year over year at… more

Mortgage Applications Rose Last Week

Mortgage applications rose six percent last week from the previous week, according to the Mortgage Bankers Association, possibly pointing to a home-buying recovery. Meanwhile, purchase volume dropped 1.5 percent year over year, a major recovery from six weeks ago, when… more

FTC: Watch Out for Contact-Tracing Scams

The Federal Trade Commission is warning consumers about contract-tracing scams sent out via text message.  It says that government health departments will send out a text message simply letting one know that they will call. Scan texts will ask for… more

KS Phase 2 Reopening Planned for Friday

The second phase of Kansas' reopening plan, which would allow more consumer access to businesses, is set to start on Friday. Gov. Laura Kelly modified the order, saying that the reason for the change is due to the slowing number… more