Missouri

Gasoline tax hike given initial approval in Missouri Senate

The bill was given initial approval in the Senate despite Republican disapproval. The bill would increase Missouri’s gas tax of 17 cents per gallon to for the first time in two decades. Currently among the lowest in the nation, the… more

Coping with COVID: COVID-19 vaccine eligibility to open April 9 to all Missouri residents 16 and up

Missouri Gov. Mike Parson’s administration said every resident 16 and older will become eligible on April 9. In a similar fashion, neighboring Illinois intends to do the same on April 12. The announcements come as the U.S. dramatically increases the… more

Coping with COVID: Missouri jobless fund to receive $300M from state’s COVID-19 relief fund

On Monday, Missouri Gov. Mike Parson authorized the transfer of $300 million in federal Coronavirus Relief Funds from the State Treasury into the Missouri’s Unemployment Insurance Trust Fund. The transfer, according to Parson, will help prevent tax increases on Missouri small… more

Tax deadline pushed back for second year, extended to May

The Internal Revenue Service (IRS) plans to delay this year's tax filing deadline to mid-May, a similar move made in 2020 when the deadline was extended to July. Additional time is being given to allow filers more time to navigate tax… more

Cereal Ingredients, Inc. to build $24M facility north of KC area

A Leavenworth-based specialty ingredients manufacturer has decided to build a new 80,000-square-foot manufacturing facility in Missouri. Founded in 1990 by CEO Robert Hatch, Cereal Ingredients Inc. moved from Kansas City to its current Leavenworth headquarters in 2005 and expanded there… more

Project application submitted for proposed $116M mixed-use tower development at 45th and Main

A mixed-use tower development could soon land a spot on old Country Club Plaza Holiday Inn grounds at 4501 Main St. in Kansas City, Mo. Americo Life and Burns & McDonnell have submitted a project application for Museum Tower, estimated… more

Pediatric COVID-19 vaccine trials to take off in KC area

Moderna became the first U.S. drugmaker to vaccinate children this week, as it entered it’s Phase 2/3. Moderna will enroll approximately 6,750 children in the U.S. and Canada ages 6 months to less than 12 years old. Children’s Mercy Kansas… more

In a Nutshell: Cracks in the Economy

At the Fed’s Federal Open Market Committee meeting held recently, committee members announced that they would leave key interest rates and quantitative easing unchanged. Fed Chairman Jerome Powell later said that the economic outlook remained “highly uncertain” and would depend… more

In a Nutshell: With Money Supply Exploding, Is Inflation Looming?

Ed Yardeni (a Wall Street economist) pointed out last week that the USA’s money supply has exploded and “M2 Is Off the Charts”!  M1 (money in circulation) is up $2,943 billion (+74%) and M2 (M1 plus savings deposits in banks)… more

Raymore-Peculiar School District aims to land $72M bond up for vote on April ballot

The Raymore-Peculiar R-II School District will ask voters to borrow $72 million for construction of a new freshman center, which eventually would be expanded to a second high school. If passed, Proposition S also wound fund a new performing arts center, HVAC… more