Kansas

In a Nutshell: Rapidly Rising Prices Increase Many Concerns

Rising prices are intensifying inflation realities throughout the economy.  A growing number of companies are warning that supply shortages and increasing demand will result in higher prices.  In fact, tight inventories have already generated price surges for raw materials, ranging… more

In a Nutshell: It’s Costly to Listen to Negative “News”

This past week the financial media highlighted one guru after another calling for a market correction to the tune of anywhere from 5% to 20%!  They cited “peak earnings” comparisons, rising inflation data, and the inevitability of the Fed having… more

Kansas labor department reduces claimant backlog

A large portion of Kansas residents expecting federal unemployment benefits originally meant for the self-employed have been moved to other unemployment programs as the labor department works to reduce a backlog. The Kansas Department of Labor (KDOL) announced changes in… more

Bluhawk Sports Park revised plan receives council approval

Approved plans for the Bluhawk Sports Park in Overland Park, Kan. have developers hoping they can soon begin Phase 1 of the $1 billion mixed-use project. The city's Planning Commission on Monday approved a revised final plan for park to… more

State-employed Kansans to make office return in June

State of Kansas offices will return to normal operations beginning June 13. Gov. Laura Kelly made the announcement on Wednesday. The decision to return to normal was made due to the volume of vaccinations, availability of COVID-19 testing and a… more

Kansas invests over $5B in economic development

Kansas Gov. Laura Kelly announced Kansas will participate in Economic Development Week, also announcing that since 2019, the state has pumped over $5 billion into new capital investment. “Over the last two years, we’ve rebuilt the Department of Commerce and… more

Coping with COVID: Pfizer-BioNTech vaccine gets FDA approval for teens aged 12 to 15

The Pfizer vaccine has been authorized for children ages 12 and up, the Food and Drug Administration announced Monday. "We know this is a big step for our country. Vaccinating a younger population brings us closer to returning to a sense of… more

In a Nutshell: Who Will Pay for Growing Federal Government Spending?

Certainly the rich are expected to pay heavily!  So much tax increase news quickly and significantly hurt sentiment on Wall Street. The markets turned south towards the end of what had been a positive session (due to unemployment claims reaching… more

State incentives will fuel hiring at Torch.AI

An artificial intelligence company based in the Kansas City suburb of Leawood, Kansas, plans to add nearly 500 new high-paying jobs to the region over the next five years. Torch.AI’s expansion was announced Friday. The company provides high-speed processing of large… more

Jobless claims drop once again

In the week ending May 1, the advance figure for seasonally adjusted initial claims was 498,000, a decrease of 92,000 from the previous week's revised level. This is the lowest level for initial claims since March 14, 2020 when it… more