Local News
Hostess Brands opening factory in Clark County, ArkansasLENEXA, KS. – Lenexa-based snack behemoth Hostess has announced plans to reopen a dormant factory in Clark County, Arkansas. Hostess plans to invest between $120-140 million in the… Read More
Economy
Fed announces another rate hike to combat inflation, signals more on the way(The Center Square) – The U.S. Federal Reserve announced yet another interest rate hike Wednesday, the latest in a series of interest rate increases to address elevated inflation that… Read More
Economy
Poll: 63% of Americans say they are falling behind the cost of living(The Center Square) — Newly released polling data shows that the majority of Americans report they are falling behind the cost of living. NBC News released the … Read More
Politics
AJ Exner running for state representative on family-centered platformSPRINGFIELD, Mo. – AJ Exner is a DNA testing expert running for state representative in Missouri’s 135th district, hoping to unseat a one-term Democrat who flipped the seat blue… Read More
Economy
Clinton, Obama economist says U.S. ‘has a serious inflation problem’(The Center Square) — Two top economists from Democratic presidential administrations are raising the alarm about inflation even as the President Joe Biden touts its progress on the issue. Read More
State Government
Missouri’s economic development leader touts new companies, more jobs(The Center Square) – After 11 months as interim director of Missouri’s Department of Economic Development, Maggie Kost is seeing positive outcomes and overseeing the distribution of millions in… Read More
Economy
Producer price index rises 8.7% in past year(The Center Square) – Producer prices shot up 8.7% in August over the previous 12 months, according to U.S. Bureau of Labor Statistics’ Producer Price Index released Wednesday. Read More
Economy
Biden touts Inflation Reduction Act, critics say student loan cancellation offsets gains(The Center Square) – President Joe Biden touted the recently passed Inflation Reduction Act during a speech Tuesday, but analysts point to the recent student debt cancellation as an… Read More
Economy
Stocks plummet on worse-than-expected inflation news(The Center Square) – U.S. stocks plummeted Tuesday after the federal government reported another sharp rise in food and other prices in August despite falling gas prices. The… Read More
Opinion
Op-Ed: Workers increasingly favor Right to Work statesUnion bosses and their apologists often grossly understate, or forget about altogether, regional cost-of-living differences when they are debating living standards in Right to Work states versus in forced-unionism… Read More
Economy
Report: Record 63% of small businesses freeze hiring(The Center Square) – Small businesses are increasingly unwilling to hire because they can’t afford to take on new costs, according to a newly released survey. The small… Read More
Biden administration
Student debt will rise to pre-cancellation levels in less than a decade, budget group says(The Center Square) – It will take less than a decade for student loan debt to return to the level it was at before President Joe Biden canceled nearly… Read More
Biden administration
Budget group: Student loan payment deferments cost taxpayers $155 billion, benefits doctors, dentists more than most(The Center Square) – Estimates vary widely on how much President Joe Biden’s $10,000-20,000 per borrower cancellation of student loans will cost taxpayers, but a new analysis estimates the… Read More
Economy
Home sales decline, mortgage payments up 54%(The Center Square) – The National Association of Realtors released new data Wednesday reporting that mortgage payments have risen more than 50% in the last… Read More
Economy
Feds confirm GDP decreased for two consecutive quarters this year(The Center Square) – The U.S. Gross Domestic Product decreased by 0.6% in the second quarter of this year, new data from the Bureau of Economic Analysis released Thursday… Read More
Biden administration
Majority of Americans are concerned Biden student loan forgiveness would hike inflation(The Center Square) – A majority of Americans think inflation will rise if President Joe Biden goes through with a potential plan to forgive $10,000 in student debt per… Read More
Economy
Report details threat to future Illinois taxpayers posed by excessive borrowing(The Center Square) – A report shows the state of Illinois has one of the largest debt liabilities in the country. The American Legislative Exchange Council, or ALEC,… Read More
Economy
Americans don’t expect Inflation Reduction Act to actually reduce inflation, poll finds(The Center Square) – The majority of registered voters don’t expect the Inflation Reduction Act to actually reduce inflation, according to a new poll.A Morning Consult/Politico … Read More
Economy
Proposed tax cut, declines in unemployment, gas prices highlight Missouri economics(The Center Square) – Missouri’s economic landscape was shaped by two data points this week and an announcement on Monday about a tax cut. Missouri’s unemployment… Read More
Economy, Uncategorized
Housing affordability hits lowest point in years, trade group says(The Center Square) – The U.S. housing market is the most unaffordable that it’s been since the Great Recession, a homebuilding trade group said on Thursday. Read More