Economy Archives

QUESTION OF THE DAY: Will inflated prices affect your Easter plans?

April 14, 2022 2:18 AM ABC 17 News Team

Prices are up, at supermarkets and at restaurants, as inflation hits levels not seen in decades.

Buying store brand items compared to name brand to save as inflation hits record high

April 13, 2022 11:39 AM Erika McGuire

Trips to the grocery store continue to cost more than normal as inflation hit a record high of 8.5% in March.

Easter dinner will cost more this Sunday

April 13, 2022 11:52 AM Marina Diaz

Whether they stay home or go out to eat on Easter Sunday, consumers are going to see higher prices.

QUESTION OF THE DAY: Was the Fed right to raise interest rates?

March 17, 2022 2:06 AM ABC 17 News Team

The Federal Reserve raised its base interest rate a quarter-point Wednesday, part of a plan to ease inflation that’s eating into household budgets.

Federal Reserve raises interest rates by 0.25%

March 16, 2022 11:48 AM Erika McGuire

The Federal Reserve is expected to raise interest rates by 0.25% to help tame inflation. The announcement is expected Wednesday afternoon.

High gas prices hit businesses, charities hard

March 14, 2022 11:55 AM Erika McGuire

Businesses and not-for-profit organizations are starting to feel the pressure as gas prices continue their climb amid Russia’s invasion of Ukraine.

Columbia Regional Airport to add flight next month

March 11, 2022 12:36 PM Matthew Sanders

American Airlines will add another departing flight from Columbia Regional Airport to Dallas-Fort Worth International Airport next month, the airport said Friday.

QUESTION OF THE DAY: Do you blame President Biden for high gas prices?

March 11, 2022 2:08 AM ABC 17 News Team

Republican politicians are pinning the blame for prices on President Joe Biden and his policies, saying the increase stretches back before Russia’s invasion of Ukraine.

U.S. President Joe Biden participates in a virtual meeting about mineral supply chains and clean energy manufacturing in the South Court Auditorium of the White House complex February 22 in Washington

Biden announces ban on Russian energy imports

March 8, 2022 9:26 AM CNN Newsource

“Today I am announcing the United States is targeting the main artery of Russia’s economy. We’re banning all imports of Russian oil and gas and energy,” Biden said in remarks from the White House. “That means Russian oil will no longer be acceptable at US ports and the American people will deal another powerful blow to Putin’s war machine.”

QUESTION OF THE DAY: Should the U.S. ban Russian oil imports?

March 8, 2022 2:06 AM ABC 17 News Team

Some are calling for the U.S. and European Union to ban imports of oil from Russia to punish the country and its president, Vladimir Putin, for the invasion of Ukraine.

Ways to save money on gas as prices keep climbing

March 7, 2022 11:52 AM Erika McGuire

Gas prices continue to spike across the country as the Russian invasion of Ukraine continues, causing drivers pain at the pump.

COVID-19 outbreak blamed for drop in attendance

Game show, music showcases highlight day three of the True/False Film Festival

March 5, 2022 5:29 AM Ben Fein

Columbia’s True/False Film Festival is set to enter its third day as attendees can take in over 30 films, along with other events including a game show and music showcases.

U.S unemployment rate drops to 3.8% in February

March 4, 2022 11:45 AM Erika McGuire

The nation’s unemployment rate dropped to 3.8% in February, with the country adding 678,000 jobs, according to the U.S Bureau of Labor and Statistics.

QUESTION OF THE DAY: Are you going to the True/False Film Festival?

March 4, 2022 2:27 AM ABC 17 News Team

The True/False Film Festival draws thousands of people every year to downtown Columbia.

More than $5 million granted to expand broadband in Northern Boone County

March 2, 2022 11:36 AM Hannah Falcon

Socket Telecomm in Boone County is receiving over $5 million to expand broadband infrastructure in Northern Boone County as part of a $42.2 million federal grant to the state of Missouri.

Missouri gas price jump less than a week into Russian invasion

February 28, 2022 11:17 AM Erika McGuire

The price of a gallon of gas in Columbia rose by nearly 30 cents last week on average, and prices might go higher as the conflict in Ukraine continues to strain global energy markets.

True/False Film Festival returns to normal venues after last year’s pandemic restrictions

February 28, 2022 1:02 PM Hannah Falcon

Columbia’s hallmark film festival, True/False, returns Thursday to downtown, and this year it will be back at familiar locations indoors.

QUESTION OF THE DAY: Are higher energy prices crunching your household budget?

February 22, 2022 2:05 AM ABC 17 News Team

Inflation is hitting Americans hard, and that includes energy prices.

Columbia residents express frustrations over solid waste temp workers’ lack of benefits

December 21, 2021 6:08 AM Meghan Drakas

COLUMBIA, Mo. (KMIZ) At the Columbia City Council on Monday night, several people expressed their frustrations to the council members over the benefits and pay of temporary workers for Columbia’s Solid Waste. Charles Holden, a temporary worker for Columbia Solid Waste, said he’s worked for the city for around eight months. He asked the city

Jefferson City Bicentennial Bridge to officially open Monday

December 20, 2021 4:59 AM Meghan Drakas

JEFFERSON CITY, Mo. (KMIZ) After about a year of construction, the Jefferson City Bicentennial Bridge is set to officially open with a ribbon cutting ceremony Monday afternoon. Previously, the bridge construction was delayed in October due to manufacturing issues with bridge materials. According to the official website, the bridge is about 830 feet long and