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Economy

Legal Services Corporation announces budget cuts despite increase in caseload

Nonprofit legal advice programs nationwide experienced a $72 million cut in funding from Congress since 2010, which resulted in cutting 833 staff members across 135 programs nationwide. 

SHOW ME THE RECORDS: Economic indicators for Columbia, Boone County and Missouri

Economic indicators for Columbia, Boone County and Missouri, including unemployment rates, weekly and yearly wage rates, cost of living and population comparisons.

 

Missouri's unemployment rate down to 8 percent

Missouri's unemployment rate fell two-tenths of a point between November and December 2011.

Missouri Gov. Nixon to deliver State of the State address

The Missouri governor is expected to focus on jobs and other economic issues.

Families adjust holiday shopping because of down economy

With the down economy, families across the U.S. are adjusting their holiday shopping plans to help save money.

Farmers cash in despite bad economy

While much of America worries about the possibility of a double-dip recession, farm profits are expected to spike by 28 percent this year.

St. Peters company to cut 20 percent of workforce

St. Peters-based MEMC Electronic Materials Inc. will cut about 1,300 jobs, including about 250 in the U.S., because of a weak demand in the solar energy and chip markets. 

Mid America Brick hopes winter work stoppage will be temporary

The Mexico, Mo., company said it will suspend brick production and lay off most of the company's 34 hourly workers.

 

Regency Hotel sold; Doubletree to be built on downtown property

Construction on the $20 million development is scheduled to begin in April. The adjacent parking garage is scheduled to be finished either before or at the same time as the hotel.

Wireless Internet might be on its way to Paquin Tower

Columbia is trying to narrow the "technology gap" for public housing residents, starting with Paquin Tower.

Missouri horse industry reacts to repeal of slaughter ban

On Nov. 18, Congress repealed a ban on funding for federal inspection of the slaughter of horses. However, the future of horse slaughter in Missouri is still uncertain. 

Midwest business survey predicts job cuts over next six months

The prices-paid index, which examines the cost of raw materials and supplies, rose 4.9 percent in November to 60.9 percent. Any score above 50 suggests economic growth in the next three to six months.

Food banks worry about rising peanut butter prices

Peanut butter prices are up, but donations are down, and that makes it harder for food banks to get and distribute the child-friendly, family-favorite source of protein. 

Black Friday, Cyber Monday not the only sale-boosting names anymore

With the holiday shopping season underway, retailers are coming up with other names for days, such as Green Tuesdays, Pink and Blue Fridays and Small Business Saturday. 

Centralia tries to balance need for growth with small-town feel

Centralia residents don't claim their city is the best in the world. But it does have a special quality: the pride of residents who embody small-town values. 

Demand for food assistance in mid-Missouri increases, prompts press conference

Like many Americans, more Missourian residents are relying on local food banks, increasing demand and costs.

St. George residents vote to dissolve town

The cash-strapped St. Louis County town plagued by scandal is going away. Dissolving the town is a cheaper alternative than making upgrades the town needs, the mayor said.

U.S. wealth gap between young and old is widest ever

The typical U.S. household headed by a person age 65 or older has a net worth 47 times greater than a household headed by someone under 35, according to an analysis of census data released Monday.

1 in 15 people make up the poorest poor in US

Neighborhoods with poverty rates of at least 40 percent are stretching over larger areas, and poverty is increasing in suburbs two times faster than in cities.

Missouri farmers seldom use Farm Service Agency emergency loans

The natural disaster designation in 101 out of 114 counties in Missouri gives farmers access to a special, low-interest emergency loan, but the aging loan program is increasingly under-used.

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