Kenneth Feinberg is coming to Kansas City on Tuesday on an assignment from the U.S. Treasury. His job is to weigh a controversial proposal that would cut the pension checks of many retired Teamsters by half or more. Tuesday’s session will bring Feinberg together with those retired Teamsters whose monthly checks are in jeopardy.
The briar patch analogy came five years ago by Tom Hoenig, then president of the Federal Reserve Bank of Kansas City. Recently released transcripts of Fed meetings from 2010 reveal why he dissented against Fed policy at every session that year.
A sharp rebound in oil prices and an encouraging report on retail sales helped lift the stock market to its first gain since late last week. The Dow Jones rose 313.66, or 2 percent, to 15,973.84. The Standard & Poor’s 500 rose 35.70, or 2 percent, to 1,864.78. The Nasdaq rose 70.67, or 1.7 percent, to 4,337.51.
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.
Enter for your chance to win a Private One-Hour party at the Animal Tales & Trails exhibit at Crown Center for up to 20 Kids, a $100 Crown Center Gift Certificate and a Prize Package from Crown Center Merchants!
Ohio-based grocery chain Kroger Co. said Friday it will make the overdose-reversal drug naloxone available without a prescription in its pharmacies across Ohio and northern Kentucky, a region hard-hit by deadly heroin.