Missouri
The Federal Reserve System has released results of its annual banking stress test for 2023, showing that 23 large banks assessed had sufficient capital to absorb more than $540 billion in losses and continue lending to households and businesses under…
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The Federal Reserve’s semiannual Monetary Policy Report released this month claims the banking system remains resilient, however, concerns about liquidity positions, deposit outflows, and funding costs continue to plague the economy. In the report, the Fed noted the recent banking…
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The nationwide shortage of nurses continues almost unabated, but for Missouri and Kansas, new figures from the Census Department show the bistate region is in better shape than most other states. Data compiled by Becker’s Hospital Review for June ranked…
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Jackson County Public Health (JCPH), formally Jackson County Health Department, has decided to relocate Independence to a building in Lee’s Summit. The department made the announcement Monday stating the new location will better suit the agency’s service. This strategy stems…
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The University of Kansas and The University of Kansas Health System announced Tuesday the Sunderland Foundation will gift $100 million for the development of a new destination cancer center. The new facility will be located on the 39th and Rainbow…
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Saint Louis food company Bunge Ltd. announced it has entered into a definitive agreement with Netherlands-based Viterra Ltd., in an effort to create an agribusiness powerhouse. The mega deal will create a global agribusiness company to compete in complex markets…
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Kansas City’s logistics scene has been red-hot for a long time, but there will soon be a chill in the air. No, not because things are slowing down; it’s coming from a new collaboration between Canadian Pacific Kansas City and…
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Prospective home buyers seem to have adjusted to rising interest rates, as fresh Census data showed that new home sales in May rose 12.2 percent month-over-month. Home builder confidence has been increasing over the past few months, and for good…
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Ace Hardware is adding a new retail support center to the Kansas City area and will see the addition of 350 jobs. Construction for this 1.5 million-square-foot facility is expedited to begin in 2023 and will be fully operational by…
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A recent study shows the Kansas City metro area ranked third among the best metro areas for the gig economy. The study, Best US Metros to Be Your Own Boss, from CommercialSearch compared more than 70 metropolitan areas in the…
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