Kansas

Physicans: ‘More Work to Do’ With COVID-19

Heading into the final full week of stay-at-home directives from the state and from local governments in Kansas, physicians at the University of Kansas Hospital said today that public efforts to prevent the spread of the COVID-19 pandemic here had… more

Auto Insurers Giving Back Big Refunds to Consumers

Some of the nation's largest auto insurers are giving consumers a break since they aren't driving nearly as much during the COVID-19. Collectively, they are reportedly giving $7 billion in refunds and credits through May, including State Farm, which is… more

KCK Residents See High Stimulus Payment Percentage

Just over 92 percent of Kansas City, Kan., residents will be receiving, or have received, stimulus checks, making it the ninth-highest municipal rate in the country. In addition to the individual residents, just under 97 percent of households in Kansas… more

KC Fed Manufacturing Survey Hits Record Low

The Federal Reserve Bank of Kansas City's month manufacturing survey examining the region had its lowest reading in its history since launching in 1994. “Regional factory activity continued to decline in April, with our composite index falling to the lowest… more

New Relief Bill Heading to White House

The House of Representatives has passed a $484-billion relief bill that would fund small businesses and hospitals, and now the measure goes before President Donald Trump. The bill includes $320 billion to replenish the Paycheck Protection Program (PPP) for small… more

Citi Says Bear Market Here a While

A team of Citigroup analysts said that there will be a bear market in the U.S. investment market for some time to come. “All bear markets include false rallies, often associated with supportive monetary policy. But markets only find a… more

House Of Representatives Voting Today on Relief Bill

The House of Representatives today is set to vote on a $480-billion bill that would give relief to small businesses and hospitals. The Senate approved the measure earlier in the week, and President Trump is expected to sign the bill,… more

SBA Issues New PPP Guidance

The Small Business Administration today issued new guidance for its Paycheck Protection Program. It's new guidance had verbiage that would make it less likely for large companies and institutions like the burger chain Shake Shack, which has a location in… more

Q&A With . . . Mark Larrabee, Arvest Bank

Mark Larrabee is the president and chief executive officer of the Kansas City market for Arvest Bank. He talks about SBA stimulus loans and their distribution process. Q: Have you heard yet from the SBA about any adjustments to PPP… more

March New-Home Sales Drop 15.4%

New-home sales in March fell 15.4 percent from February and were down 9.5 percent from the same year-ago period, according to the U.S. Census Bureau. There were 627,000 new homes sold last month, 333,000 new houses for sale, and the… more