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Tag Archives: economy

Here’s who created the baby formula crisis

As many know, the US is confronting a shortage in baby formula that has grown quite serious. What started as complaints on Twitter of “out of stock” messages on Amazon purchases has ...

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White House cancels oil and gas lease sales as prices soar

The day after again blaming rising fuel prices on Vladimir Putin, the Biden administration is canceling major oil and gas lease sales on American territory. The move ended the sales of three ...

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McDonald’s sales surge despite price increases

mcdonald's

McDonald’s is crediting sharp menu price increases in beating first-quarter profits. It also says a new customer loyalty program may have helped. Shares of the Chicago-based company rose nearly 2 percent. The ...

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Missouri Republican legislators want to return $1 billion to taxpayers

Missouri Republican lawmakers have some good news for taxpayers as the filing deadline approaches. Republican legislators have announced a plan to use $1 billion from the state’s historic surplus for tax rebates. ...

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Inflation rises at fastest rate in 40 years, now at 8.5%

New numbers out this week show that inflation is increasing at the fastest rate since January 1982. Economists say the consumer price index — which measures a basket of goods including gasoline, ...

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USDA expects food prices to increase by 5 percent this year

With warm weather on the way, families may want to think about growing some of their own food. Prices are expected to rise by 5 percent this year. That would be the ...

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New Gold: Gas thieves steal 1,000 gallons at Texas convenience store

Gas is the new gold as the theft of 1,000 gallons from a Texas convenience store is proving. The almost unbelievable incident comes as stations across the United States have increasingly reported ...

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Demands that Biden ban Russian oil find rare unity in Washington

The Biden administration continues to refuse calls to ban Russian oil imports. That could soon change. The demands are coming fast and furious and have been a rare point of unity between ...

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Partisan message expected during state of the union address

Ahead of President Joe Biden’s State of the Union address, many observers say they expect a hyper-partisan message. On a call with reporters Monday,  Republican National Committee Chairwoman Ronna McDaniel and former Speaker of ...

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Poll: 61% of small businesses say they raised prices

Sixty-one percent of small businesses say they raised their prices at the start of 2022. The poll was taken by the National Federation of Independent Business. That’s the highest percentage in almost 50 ...

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St. Louis among cities with highest inflation

St. Louis now has the distinction of some of the highest inflation in the nation. The Gateway to the West city, which counts over two and a quarter million residents encompassing two ...

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City Union Mission exceeds fundraising goal

mission goal

City Union Mission’s CELEBRATE HOPE campaign has raised $7,110,000, exceeding their goal of $6.5 million. “Our God has provided for us in such a tremendous way through our community,” stated Chief Executive ...

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Florida defies critics with robust job growth

florida job

Florida has become the nation’s job engine having now produced 20 consecutive months of job growth. The sunshine state has also experienced a whopping 14 consecutive months of labor force increases, the ...

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Grocery shortage worsens as pandemic policy threatens supply chains

grocery

Soaring freight costs plus Omicron and vaccine mandate-related labor shortages are creating a new round of backlogs at processed food and fresh produce companies, leading to empty grocery shelves at major retailers ...

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Donations to churches at all-time low, Gallup finds

Donations to religious organizations continued at an all-time low last year, a new Gallup survey found. Forty-four percent of Americans, the same percentage as in 2020, said they donated to a faith-based ...

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Prices of new vehicles hit record high: Kelley Blue Book

Inflation is now the highest it has been in 40 years and the price of new vehicles is leading the way. The transaction price for a new vehicle has increased more than ...

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COVID Mandates costly in Jackson County

covid jackson

Looking back on 2021, there were many confrontations with local governments over COVID. One of the most highly publicized was Rae’s Café in Blue Springs which refused to comply with Jackson County ...

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Trouble brewing: Economists say coffee prices to double in 2022

Coffee is as much a part of many church services as preaching and singing, not to mentions business meetings and your home morning ritual. However, prices are expected to continue to climb ...

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Lebanon faces grim future as Hezbollah holds the country hostage

As the masses across Lebanon deal with a collapsing economy and a paralyzed government, murmurings of dissatisfaction with Hezbollah, Iran’s terror proxy in Beirut, have begun to surface. But experts say it ...

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Lawmakers blast Biden for bragging about economic record

President Joe Biden has insisted on social media that his economic track record is the strongest of any president in the past half-century. “We’re ending 2021 with what one analyst described as ...

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Changing shopping habits, crime force retailers to close in 2022

Shoppers may find that some of their favorite retailers may no longer be around in the new year. Several have announced the closure of locations in various cities, citing a number of factors, ...

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‘DOME Pods’ installed by City Union Mission increase homeless bed capacity

dome pods

As arctic weather arrives this weekend, City Union Mission has now received and installed customized “murphy bed”-like units called DOME pods at their Family Shelter. These murphy-like bed units will help the ...

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Economic crisis of 2021 forces economists to lower expectations for 2022

economists 2022

The pandemic, mandates, record inflation, runaway government spending and supply chain problems have created a shaky U.S. economy. As a result, financial institutions and leading economists have lowered their 2022 economic outlooks. ...

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Missouri officials anticipate record revenues in coming year

missouri revenues

Despite the pandemic, Missouri revenues have never been higher. Gov. Mike Parson and legislative budget leaders released estimates for revenue in the year that begins July 1, 2022, showing revenues are expected ...

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National debt soars to nearly $300,000 for each American household

national debt biden student

If rising inflation were not enough, every U.S. household also owes nearly $300,000 as their share of the national debt. The current debt has reached about $28.9 trillion, a number that is ...

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