Missouri

Bills Are the Biggest Spend for Stimulus

The number one item that people are spending their stimulus checks on is bills, despite the run-up of shopping at various mass-merchandise retailers. About 30 percent of those receiving checks spent them on bills, according to a recent survey. Read… more

U.S. COVID-19 Deaths Surpass 100,000

There have been 100,000 Americans killed by COVID-19 since the spread of the pandemic in the United States. An average of 900 Americans have died every day from the virus since it first appeared here four months ago. Read more… more

Q&A With … Owen Buckley, LANE 4 Property Group

Owen Buckley, Managing Partner, LANE4 Property Group, which specializes in commercial real-estate within the retail sector. Q. A number of encouraging metrics indicate economic activity is picking up on multiple fronts, even if slowly. Will it come in time to… more

New-Home Sales Actually Increased

Month-over-month April new-home sales were up 0.6 percent after a downturn that took place from the outbreak of COVID-19. Says Zillow: "The coronavirus pandemic has generated any number of nasty surprises over the past few months, but the unexpected strength… more

Hertz Files for Bankruptcy

Rental-car company Hertz has filed for bankruptcy after a major sales downturn that was fueled by COVID-19. "The impact of Covid-19 on travel demand was sudden and dramatic, causing an abrupt decline in the company's revenue and future bookings," said… more

Oil Prices Start to Come Back

Oil prices are gaining some ground after weeks of near-all-time-lows since the outbreak of COVID-19, due to the reduction of travel and the transportation of goods. It comes as Wall Street is set for a big uptick, and the New… more

Memorial Day 2020 — More Than Just a Holiday

If you’re sufficiently determined, and not particularly time-challenged, you can rummage around the voluminous files of the National Archives and eventually, you’ll come across this item: Hand, Sammy, hospital apprentice 1st class, USN. Parents, Mr. & Mrs. Albert Francis Hand,… more

Victoria’s Secret Parent Closing 300 Stores

L Brands, the parent company of Victoria's Secret, said it will close 250 of those stores due to them being shut for months due to COVID-19 and the resulting revenue loss. Meanwhile, the company is also closing Bath & Body… more

Projections See Worse May Unemployment

The forecasts coming in for May unemployment are grim, with economists saying that an additional 10.3 million jobs could be lost in May, on top of the 20.3 million in April. "It is looking like May is shaping up to… more

KCI Expects June Flights to Decrease

Flights at Kansas City International Airport are expected to fall in June, with 100 less daily departures year over year, due to COVID-19. There are about 20 routes suspended, which will result in 108 fewer daily departures and 14,791 fewer… more