Kansas

NCAA Comes Down on Jayhawks

The NCCA's scrutiny of the University of Kansas men's basketball program continues with a 92-page report its enforcement office submitted to the school.  The report says that the program committed "egregious" and "severe" rules violations, according to ESPN, stemming from… more

Unemployment Rate Hits 14.7 Percent

The unemployment rate hit 14.7 percent in April after non-farm payroll fell by 20.5 million throughout the month, reported the U.S. Department of Labor Statistics. Unemployment rose by 10.3 percent, following several months of record-breaking strong employment numbers. The 20.5… more

Most Pools Likely Closed Over Summer

It looks like most public pools in the Kansas City area will be closed this summer. Prairie Village and Roeland Park have both opted to go that route, while Kansas City, Mo., and Overland Park seem to be considering a… more

Neiman Marcus Joins Other Big Bankruptcies

Upscale department-store chain Neiman Marcus has filed for Chapter 11 bankruptcy, joining a list of companies that have filed for bankruptcy recently, due in part to COVID-19 pain. Neiman's closest store to the Kansas City area is in St. Louis,… more

Credit Card Consumers Well Positioned Before COVID-19

Before the COVID-19 pandemic hit, consumers were luckily in a good place, generally, in terms of paying their balances and making overall payments, according to the American Bankers Association. During last year's fourth quarter, for example, a record number of… more

Unemployment Claims Better, but Still Bad

Just under 3.2 million filed for unemployment benefits the week ended May 2, according to the weekly report by the U.S. Department of Labor. It's an improvement from the prior week by about 677,000, but the insured unemployment rate was… more

Car-Rental Companies Hit by COVID-19

The major car-rental companies are seeing major decreases in sales and profits due to flight occupancy being down 95 percent on many carriers. Hertz recently missed a payment to a group of lenders and has until May 22 to reach… more

Auto Dealers Lose $2.6B in Two Months

Auto and truck dealerships lost $2.6 billion in potential profits from the beginning of March through the start of May, says a recent J.D. Power report. Customer purchases were down $41.3 billion during the period, with new-vehicle purchases dropping $26.3… more

U.S. Hospitals Losing More Than $50B Per Month

A new report by the American Hospital Association says that between March and the end of June, hospitals are projected to lose $202.6 billion, or an average of $50.7 billion per month, due to COVID-19 challenges. "These challenges have created… more

Proposed Legislation Would Forgive Healthcare-Worker Student Loans

A new bill in the House of Representatives would forgive student loans for healthcare workers impacted by the COVID-19 pandemic. Called the Student Loan Forgiveness for Frontline Health Workers Act, it was introduced to the House by Rep. Carolyn Maloney (D-N.Y.)… more