Federal Reserve Bank of Kansas City | KCUR

Federal Reserve Bank of Kansas City

Luke X. Martin / KCUR 89.3

Segment 1: "No one is immune" to the effects of the coronavirus pandemic, said Mayor Carson Ross.

The spread of the new coronavirus has already delayed local elections in Blue Springs, Missouri, but the full extent of the damage is yet to be known. It will undoubtedly include hits to public health, residents' wallets, tax revenue and more, says the suburb's mayor.

Luke X. Martin / KCUR 89.3

Segment 1: "No one is immune" to the effects of the coronavirus pandemic, said Mayor Carson Ross.

The spread of the new coronavirus has already delayed local elections in Blue Springs, Missouri, but the full extent of the damage is yet to be known. It will undoubtedly include hits to public health, residents' wallets, tax revenue and more, says the suburb's mayor.

C.J. Janovy / KCUR 89.3 file photo

Segment 1: North Kansas City responds to the coronavirus pandemic.

An immediate concern for this Northland municipality is warm weather attracting still too many people to public parks. In the medium- and long-term, local businesses will be hit hard — a revenue loss that will undoubtedly make a dent in the small city's budget.

C.J. Janovy / KCUR 89.3 file photo

Segment 1: North Kansas City responds to the coronavirus pandemic.

An immediate concern for this Northland municipality is warm weather attracting still too many people to public parks. In the medium- and long-term, local businesses will be hit hard — a revenue loss that will undoubtedly make a dent in the small city's budget.

Multicultural Business Coalition of Kansas City

Kansas City is becoming more welcoming for black women who want to start their own businesses.

Adrienne Haynes, the managing partner at the business law firm SEED Law, says there’s more diversity in the entrepreneurial community today than in 2015, when she created the Multicultural Business Coalition with a few other organizations. Half of her clients are black women.

Luke X. Martin / KCUR 89.3

By some measures, the United States' economy is in great shape. President Donald Trump touts record low unemployment as evidence that things have never been better. His argument is bolstered by historic stock market increases over the last year.

And if Esther George has one word to describe her 2020 economic outlook, it would be "positive."

Segment 1: President of Federal Reserve Bank of Kansas City optimistic for 2020 but  keeping an eye out for what's ahead

Playing the long game with the economy is a crucial part of Esther George's job as a Federal Reserve Bank president, but she knows she can't lose sight of how people make financial decisions in real-time.  Plus, in an economy that seems to be doing well, George still has to do a balancing act between the positives and pitfalls that exist no matter how well the current situation looks. 

Segment 1: Congressman for Missouri's 5th district shares his stance on the current  impeachment inquiry.

Representative Emanuel Cleaver said constituents in Missouri's 5th District have mixed feelings on impeaching the president. Cleaver has been cautious in his calls for impeachment, but is now certain a crime was committed. Learn why he said, "It's not so much a political crime as it is a civil crime." 

Farm income has taken a long, hard fall, dropping 50 percent since hitting a high point in 2013. Add to that near-record levels of farm debt, and you have a recipe for financial stress.

But while economists say they can see storm clouds building, it’s not a full-blown crisis. That’s because relatively few farms have been pushed past the breaking point into Chapter 12 bankruptcy — or, worse, into losing the farm entirely.

Eric Winkler

 

Segment 1: A new report shows mid-sized cities are better positioned to see faster growth.

Marsha Miller / LBJ Presidential Library

Segment 1: Black women-owned businesses are growing in Missouri.

A report released this year by the Federal Reserve Bank of Kansas City revealed the growth rate of startups owned by black women exceeds that of any other group. But despite that success, these entrepreneurs face a variety of challenges, including finding financing, advice and support.

Crysta Henthorne / Kansas News Service

Sticker shock

Kansas turned to the nonprofit group Teach For America earlier this year and cut a deal: Find a dozen teachers willing to work in the state in areas where we’re having recruitment problems, including western Kansas, and we’ll pay you $500,000-plus.

In the end, reports Nomin Ujiyediin, the group routed just three teachers, all to Kansas City, Kansas.

Lawmakers are not happy.

Catina Taylor wearing headphones and seated at a microphone in the KCUR studio.
Luke X. Martin / KCUR 89.3

Segment 1: KC Fed releases results of study looking at black women starting businesses.

Luke X. Martin / KCUR 89.3

Segment 1: Tenants suffering domestic violence will be able to break their rental agreements without penalty.

KC Fed
Charvex

The Federal Reserve Bank of Kansas City, part of the nation's central banking system, is perhaps best known as a key provider of agricultural economic data. Its president helps set national interest rates. It works with banks.

But the bank also promotes economic growth in its seven-state region. Dell Gines, who heads up the Fed's small business work with rural communities and urban neighborhoods from its Omaha office, calls it the work of a "wholesaler."

Publichall / Wikimedia Commons

Modern dance just wouldn't be the same without Kansas City-raised David Parsons. Today, we meet the star choreographer behind works commissioned and performed by troupes in New York, Paris and just about any other city with a ballet scene. Then, we explore the economic relationship between small towns and big businesses. Learn how rural communities are able to encourage, attract and, more importantly, keep hold of new jobs.

While small towns continue to lose population to cities, they're working to reverse that migration.  We talk with a panel of Kansans who made the decision to come back about how they're encouraging others to do the same. 

Guests:

Figuring Out The Federal Reserve

Apr 8, 2014
Federal Reserve Bank of Kansas City

You know the Federal Reserve is important to the government, but what does it really do?

On Tuesday's Up to Date, we talk with Federal Reserve Bank President Esther George about why Kansas City has a Federal Reserve Bank in Kansas City. We'll also look at the history of the bank at its centenary.

Guest:

  • Esther George, president and chief executive officer of the Federal Reserve Bank of Kansas City 

Laura Spencer / KCUR

The Federal Reserve System was established by Congress 100 years ago. To honor the centennial, the Federal Reserve Bank of Kansas City is working with University of Kansas students to turn some of its own history - from name plates to modems - into a new art installation.

Shaping a range of objects, from mundane to archival, into art