Back-to-school sales tax holiday ends midnight Sunday
Sunday is the last day to take advantage of Missouri’s back-to-school sales tax holiday.
Continue ReadingEconomy
QUESTION OF THE DAY: Are you budgeting more for school supplies this year?
Parents around Mid-Missouri will be shopping for school supplies soon, if they haven’t started already. Many families are already shopping for supplies, hoping to buy before tariffs take effect on Aug. 1. Many of the items kids use in schools are imported from other countries that could fall under new tariffs. And inflation, of course,
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Appeals court pauses ruling that blocked Trump’s tariffs
By Dan Berman and Ramishah Maruf, CNN (CNN) — A federal appeals court has paused Wednesday night’s ruling from the Court of International Trade that blocked President Donald Trump’s tariffs. The United States Court of Appeals for the Federal Circuit’s ruling restores Trump’s ability to levy tariffs using the emergency powers he declared earlier this
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Consumer confidence improves for the first time since November
By Bryan Mena, CNN Washington (CNN) — It’s been a little while since Americans had an inkling of optimism about the economy. Consumer confidence rose 12.3 points this month to a reading of 98, the Conference Board said in its latest survey released Tuesday, the first monthly gain since November and the biggest monthly increase
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The United States just lost its last perfect credit rating
By Elisabeth Buchwald and Tami Luhby, CNN (CNN) — Moody’s Ratings downgraded the United States’ debt on Friday, stripping the country of its last perfect credit rating. The move could rattle financial markets and push up interest rates, potentially creating an additional financial burden for Americans already struggling with tariffs and inflation. Of the three
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Auto part tariffs hit millions of dollars worth of goods coming into Missouri
Another round of auto tariffs went into effect Saturday, this time on imported parts. President Donald Trump signed a proclamation on March 26 to impose a 25% tariff on imports of automobiles and certain automobile parts.
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Reviving rural health care: Boone Health’s push to bring back a hospital to Audrain County
MEXICO, Mo. (KMIZ) It’s been three years since the hospital in Mexico closed its doors, leaving Audrain County communities in limbo for immediate emergency care. “Having no hospital and no emergency room, it’s been devastating to this community, devastating to my practice,” said surgeon Dr. Joseph Corrado. “Before it was easy, you know, we had
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Missouri rural hospital losses continue
COLUMBIA, Mo. (KMIZ) Missouri is the 18th largest state by population, with 161 licensed hospitals statewide. In rural counties, their numbers are dropping. According to the Department of Health and Senior Services, 12 Missouri hospitals in rural counties closed from 2014 to 2023. “Minutes can mean the difference between life and death,” said Heidi Lucas,
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Mortgage rates climb to highest level in two months as Trump’s tariffs continue to rock markets
By Samantha Delouya, CNN (CNN) — Springtime home shoppers may be feeling the impact of an intensifying trade war. The average rate on a standard, 30-year fixed mortgage was 6.83% in the week ending April 17, up from 6.62% a week ago, mortgage financing provider Freddie Mac said Thursday. That’s the largest one-week jump in
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US consumer sentiment plummets to second-lowest level on records going back to 1952
By Bryan Mena, CNN Washington (CNN) — Americans are rarely this pessimistic about the economy. Consumer sentiment plunged 11% this month to a preliminary reading of 50.8, the University of Michigan said in its latest survey released Friday, the second-lowest reading on records going back to 1952. April’s reading was lower than anything seen during
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US inflation cooled to a six-month low in March, but tariff pressures are quickly mounting
By Alicia Wallace, CNN (CNN) — Inflation slowed sharply in March, new data showed Thursday, underscoring the continued strength and resilience of the economy ahead of President Trump’s aggressive trade moves. In any other timeline, such news would stoke optimism that Americans’ cost of living is no longer surging. Instead, Thursday’s Consumer Price Index report
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QUESTION OF THE DAY: Are you more confident after the tariff pause and market rally?
The financial markets went on a roller-coaster ride this week, powered by President Donald Trump’s tariff pronouncements. The latest came Wednesday, when Trump’s administration said it would pause tariffs on many countries it had targeted for 90 days to let negotiations play out. Tariffs had been set to start this week against scores of countries.
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Rally in US stocks evaporates as White House doubles down on China tariffs
By John Towfighi, David Goldman and Matt Egan, CNN New York (CNN) — What was a massive rally on Wall Street turned into yet another sizeable decline. Cheap stocks and hope for signs of trade negotiation sent markets surging Tuesday morning — but that relief rally evaporated as the White House said it would levy
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QUESTION OF THE DAY: Are we heading toward a recession?
Things were looking dire for the Dow before Monday even began. The news started coming out Sunday evening that futures trading was way down on the Dow Industrial Average — to the tune of more than 1,200 points. It was a harbinger of another hard Monday to come. The international markets’ major slide since President
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USPS employees protest Trump administration at Missouri Capitol
JEFFERSON CITY, Mo. (KMIZ) The American Postal Service Workers Union held a rally Thursday at the Capitol, calling it “Hands Off Our Public Postal Service.” The rally began at noon inside the Missouri Capitol and was held by Area Local 7065. Other rallies were held across the country, including one in Columbia at the post
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QUESTION OF THE DAY: Will the American economy grow or stagnate?
It feels hard to plan for the short term these days.
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Consumer report shows Super Bowl party food costs about the same this year, exceptions include produce
Football fans across the country will be gathering to watch Super Bowl LIX on Sunday, Feb. 9, 2025. Hosting a Super Bowl party can be costly.
“I think collectively we’ll probably spend about 350, 400 dollars on drinks and food,” Chiefs fan Paul-Scott Wheeler said.
Continue ReadingStocks set to end 2024 on a sour note despite strong gains for the year
By Elisabeth Buchwald, CNN New York (CNN) — US stocks dropped Monday, with the Dow falling by 418 points, or just under 1%, as markets close out a record year. The S&P 500 ended the day down by just over 1%, while the tech-heavy Nasdaq saw the biggest slide, down 1.19%, as traders sold off
Continue ReadingMarkets stumble as Wall Street sells off Big Tech
By Lucy Bayly, David Goldman and Matt Egan, CNN (CNN) — US stocks ended Friday in the red, closing out a lackluster week despite a year of historic highs. The Dow was lower by 333 points, or 0.78%, after the closing bell. The S&P 500 lost 1.1% and the Nasdaq Composite was down by 1.5%,
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Columbia Mall GM says Black Friday crowd was close to pre-pandemic levels
A record 183.4 million people are planning to shop in-store and online from Thanksgiving Day through Cyber Monday this year, according to the National Retail Federation. NRF said that is up from the previous record of 182 million in 2023 and 18.1 million people more than five years ago in 2019.
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