Kansas

Increase in U.S. job hiring still shows high unemployment rate

In May, employers in 46 states added jobs following a promising addition of 2.5 million jobs in April nationwide, according to the AP. The surprisingly gain gave hope that the job market bottomed out in April, however recent numbers show… more

Coping with COVID: Quarantine fatigue could be the cause in rise of new cases

In Missouri stay-at-home orders have been lifted, with local exceptions throughout the state including in the Kansas City metro. Over the last several days, the state and surrounding Kansas City region has seen a growing number of new cases. State… more

Second PPP loan possible with new bill proposal

Businesses with fewer than 100 employees may be able to draw once again from the Paycheck Protection Program, according to a report from Fox Business. On June 18, the Prioritized Paycheck Protection Program Act was introduced by Sens. Ben Cardin,… more

MU and KU enforce mask policy for returning students in the fall

After the decision to continue in-person classes for the fall semester, both the University of Missouri-Columbia and the University of Kansas has announced Thursday that they will be requiring students to wear face masks while indoors in class, according to… more

Softbank to sell most of its T-Mobile shares

Japanese technology conglomerate SoftBank is planning to sell as much as two-thirds of its stake in T-Mobile after pulling in record losses last year, according to CNBC. The potential sale of its stake in T-Mobile is part of SoftBank’s plan first… more

Kansas May 2020 Labor Market Report

The Labor Market Information Services division of the Kansas Department of Labor and the Bureau of Labor Statistics show a seasonally adjusted unemployment rate of 10.0 percent in May, according to a news release from the Kansas Department of Labor… more

Banking and Finance eNews – Q&A with: Kristin Tyson

With the elevation of Mike Maddox to chairman, Kristin Tyson has been named president of the Kansas City market for CrossFirst Bank. Since its founding in 2007, CrossFirst has soared past the $5 billion asset level—the growth percentage among banks… more

In a Nutshell by Ken Herman

Would extensive COVID-19 contact tracing be worthwhile? A June 8th Wall Street Journal article titled “States Struggle to Staff Up to Trace Virus” discussed staffing challenges while also admitting limitations in stopping the spread of COVID-19.  While admitting that total… more

Rural Mainstreet Index Climbs for June

Creighton University’s Rural Mainstreet Index for June was released today, and if it showed anything, it showed that things in the rural heartland could be worse: After all, they were—in May. The June index, based on surveys of bankers in… more

Slowed plans for Wyandotte County due to increased cases

An increase in COVID-19 cases has caused concern among health official, who are now planning to slow down reopening plans in Wyandotte County. The county’s Chief Epidemiologist, Elizabeth Groenweghe, said that the number of new cases had begun to stabilize… more