Missouri

Details on new round of bank stress tests released

A new round of bank stress tests was announced Thursday by the Federal Reserve, the board releasing its set of hypothetical scenarios to be used to measure the resiliency of big banks. This is the second round of bank stress… more

Federal Reserve expects rates near zero through at least 2023

WASHINGTON (AP) — In an economy that continues to show flashes difficulty in its recovery from a COVID-19 induced recession, Federal Reserve policymakers indicated on Wednesday that their benchmark short-term interest rate will likely remain at zero through 2023 and possibly even… more

Construction of new Children’s Mercy headquarters to finish this month

A new nine-story, 375,000-square foot headquarters for Children’s Mercy Research Institute is slated to finish construction this month. The new building’s design is said to be more energy efficient and support a more collaborative approach to research between physicians, scientists, academic… more

Former Sprint campus to receive major redesign

Following a merger with T-Mobile, Sprint’s once-thriving Sprint World Headquarters Campus located in Overland Park is set for a major makeover by current property owner Occidental Management. Wichita-based commercial real estate developer Occidental Management has plans to renovate every building… more

Unemployment insurance claims drop again

The most recent weekly report from the U.S. Department of Labor shows yet another drop in unemployment insurance claims. Seasonally adjusted initial claims for the week ending Sept. 12 was 860,000, a decrease of 33,000 from the previous week's revised… more

Saint Luke’s Health System, others affected by breach

The Blackbaud security breach has touched yet more healthcare systems in the U.S., this week nine more health organizations added to the list of those reporting they have been affected. On the existing list of breach victims includes Kansas City-based… more

Cerner, Finland officials collaborate on health services digital system

A new digital platform is in the works due to a recently announced partnership between Kansas City-based health-tech supplier Cerner and Finland officials. The partnership between the two was created to help build a new digital platform that will combine… more

Missouri National Guard to remain mobile through Dec. 30

On Wednesday, Missouri Gov. Mike Parson signed an executive order that will keep the Missouri National Guard mobile through the end of December. Executive Order 20-16 has extended the mobilization of the state’s National Guard through Dec. 30, 2020 and… more

Coping with COVID: CDC data shows predicted excess deaths have moved below threshold

For the first time in months, delay-corrected death data from the Centers for Disease Control (CDC) shows a drop below the baseline, according to a recent coronavirus report from Issues & Insights. According CDC data through Aug. 29, predicted excess… more

Missouri August jobs report

While Missouri’s seasonally adjusted unemployment rate has remained either below or equal to the national rate, the Missouri jobs report for August 2020 shows that employment decreased, causing the unemployment rate to increase from July. Seasonally adjusted employment in Missouri… more