The U.S. job market is humming, and the pace of economic growth is steadily rising. Five full years after a devastating recession officially ended, the economy is finally showing the vigor that Americans have long awaited.
Fewer homes were sold in Boone County this May than last year. But since last May, more homes have been sold year-over-year, and those homes spent less time on the market.
Employers added 288,000 jobs last month, and the unemployment rate sank to 6.3 percent, its lowest point since 2008, from 6.7 percent.
Randy Kroszner, former governor of the Federal Reserve System and professor of economics at the University of Chicago's Booth School of Business, spoke about the nation's latest financial crisis at the MU School of Law on Friday.
Initially conceived as a joke, Portland programmer Billy Markus and Australian marketer Jackson Palmer needed a symbol of philanthropy and jest to exemplify their vision of the Internet.
Microsoft names Satya Nadella as new CEO as Bill Gates takes a new role as a technology adviser.
Midwest economic index on the rise, but business confidence index may see a decline in coming six months.
Both stamp prices and shipping costs are set to increase Sunday. Stamps will cost 49 cents, and shipping costs will rise by 2.4 percent.
An aviation maintenance and overhaul firm from the state of Washington says it plans to bring about 600 jobs to the maintenance base at Kansas City International Airport.
Sales are up 2 percent to $176.7 billion from Nov. 1 through Sunday, according to data from ShopperTrak. That's a slower pace than expected with few days left in the season.
Analysts say the economy would be better able to sustain its growth if the riches were more evenly dispersed.
The Milken Institute, a nonpartisan think tank, determined the ranking by looking at job growth, wages and economic output.
Employers added 203,000 jobs in November, and the unemployment rate fell to 7 percent, a five-year low, the Labor Department reported Friday.
According to a survey of nine states, the overall economic index for November is 51.2, an increase from October's 50. An above-50 score suggests growth, while any score below 50 suggests decline, survey organizers say.
Members of the public are invited to take part in a discussion of U.S. farm policy and the farm bill. The featured speaker will be Dr. Pat Westhoff, a professor in the MU Department of Agricultural and Applied Economics.
Ryan Rowden of the Missouri Petroleum Council, said the jump is the result of a small increase in wholesale prices, which have risen by about 5 percent in three days.
The federal government shutdown has contributed to worsening business conditions in Midwest and Plains states, according to the Mid-America Business Conditions Index. The overall index plunged to a growth neutral 50.0 in October following figures of 54.8 in September and 53.8 in August.
Missouri is forecast to produce an average of 130 bushels of corn per acre this year, the state's highest since 2009.
As consumers are holding off on back-to-school shopping, according to a preliminary tally of 10 retailers, many stores are already offering discounts.