Business

Scott M. Dougan: IRA, 401(k) rules have changed for 2015

With a new year, new rules are in effect for your retirement plans. And the changes for IRAs and 401(k)s plans in 2015 are shaping up to be significant and important to understand, writes Scott M. Dougan, the founder of Global Plains Advisory Group, an independent wealth-management firm in Prairie Village.

Business

Year-end numbers show jobs rose and joblessness fell in Missouri and Kansas

Missouri recorded a year-end unemployment rate of 5.4 percent in December 2014, down from 6 percent a year earlier. Meanwhile, unemployment in Kansas was 4.2 percent, down from 4.9 percent in December 2013. The two states were among 46 states and the District of Columbia that had lower joblessness rates at the end of 2014 than at the end of 2013.

Business

Interactive report on Kansas City's downtown development boom

Downtown Kansas City’s rejuvenation is now rolling into a new era, with the start of the $100 million streetcar line on Main Street and 70 projects in areas that include Crown Center, the Crossroads Arts District, the Downtown Loop and River Market. We map the changes in an interactive report.

816 North Business

Asado Urban Grill opens in Hilton KC Airport hotel

Asado Urban Grill opens in the Northland’s Hilton Kansas City Airport, serving past favorites like barbecue as well as new items like red snapper Mariniere. Brookside’s new L’Cove Lounge at Avenues Bistro has already revised its menu, adding specials that were popular with customers and seasonal items.

Share of U.S. workers in unions slips again

Union membership slipped slightly in 2014 as a percentage of all workers, but collective bargaining remains a force in the public sector. Out of 14.6 million union members, 7.2 million — about 36 percent of public sector workers — were in unions, compared to 7.4 million — or just 6.6 percent — of private-sector workers.

Share of U.S. workers in unions slips again

Union membership slipped slightly in 2014 as a percentage of all workers, but collective bargaining remains a force in the public sector. Out of 14.6 million union members, 7.2 million — about 36 percent of public sector workers — were in unions, compared to 7.4 million — or just 6.6 percent — of private-sector workers.

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Keith Chrostowski: U.S. economy is finally on its way to health

Last year’s numbers show solid improvements in many key areas, although stubborn problems such as wage stagnation and tight credit still need to be handled. Bankers just aren’t approving enough loans, even to mortgage applicants with good credit records or entrepreneurs with good ideas and decent collateral.

Waddell & Reed Financial tops the rankings

The Overland Park mutual fund manager has outpaced rivals in attracting investors’ dollars by its strong performance and variety of offerings. And the Ivy Funds, which Waddell manages alongside its Waddell & Reed Funds, had a big hand in this year’s showing.

Keith Chrostowski: U.S. economy is finally on its way to health

Last year’s numbers show solid improvements in many key areas, although stubborn problems such as wage stagnation and tight credit still need to be handled. Bankers just aren’t approving enough loans, even to mortgage applicants with good credit records or entrepreneurs with good ideas and decent collateral.

Waddell & Reed Financial tops the rankings

The Overland Park mutual fund manager has outpaced rivals in attracting investors’ dollars by its strong performance and variety of offerings. And the Ivy Funds, which Waddell manages alongside its Waddell & Reed Funds, had a big hand in this year’s showing.

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Business