Kansas

Postmates acquired by Uber for $2.65 billion

Postmates, one of the largest food delivery services in the U.S., agrees to purchase by Uber Eats, which trails only DoorDash in market share. Uber intends to keep the Postmates app running separately, “supported by a more efficient, combined merchant… more

Sprint 5G service is deactivated, T-Mobile moves customers to its network

After formally completing the sale of Boost, Virgin and other Sprint prepaid networks to Dish, T-Mobile is bringing Sprint 5G to an end. The move is one in a long list of issues that need sorting out in the wake of… more

Coping with COVID: U.S. surpasses 3 million cases

Depending on whether one sees increasing case counts as a step toward herd immunity or an indicator of failed efforts to control the spread, new figures from worldometers.com reflect a milestone for the U.S.: As of today, the nation has… more

Employment Situation Summary data reveals positive numbers for June

Total non-farm payroll employment rose by 4.8 million in June and the unemployment rate declined to 11.1 percent, according to a news release from the U.S. Bureau of Labor Statistics. These improvements in the labor market reflected the continued resumption… more

A fatal Fourth of July for the Kansas City metro after multiple shootings

In the Kansas City area this Fourth of July weekend, three people were killed and two others were injured in three separate shootings, authorities in the metro report. The first shooting happened in Kansas City, Mo. around 11:45 p.m. Saturday.… more

Mid-America economy in June shows an advance above growth neutral

June survey highlights from the Mid-America Business Conditions Index show that for a ninth straight month, the overall index rose above growth neutral. On average, bankers estimated that farmland prices declined by 4.0 percent over the past 12 months and… more

In a Nutshell by Ken Herman

One of the most controversial ideas I have ever heard is to defund, dismantle and/or do away with our police forces throughout the country.  Could there be a worse time to even bring this suggestion up (given the riots and… more

Coping with COVID: New mandates across the metro as cases increase

Over the last week, several cities and counties in the Kansas City region have begun implementing mask mandates when visiting businesses and other public spaces. Mask requirements continue to spread, this week the city of North Kansas City, Mo. and… more

Fauci expresses concern with new outbreak

Top infectious disease expert Dr. Anthony Fauci addressed senators in a hearing of the Senate Health, Education, Labor and Pensions committee Tuesday, saying that the U.S. is, “going in the wrong direction” with the recent coronavirus surge. Fauci said some… more

Dim sentiment, brighter outlook

The Current RMI fell into the basement to a value of 9.2, the lowest level since RCLCO began recording the index at the end of the Great Recession, according to a Wednesday report from RCLCO Real Estate. The previous low… more