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Fed’s Waller sees likelihood of multiple half-point interest rate hikes ahead

Getting inflation under control will require raising interest rates at a faster pace than normal even though the pace of price increases probably has peaked, Federal Reserve board member Christopher Waller said Wednesday. That means the central bank likely will hike short-term rates by half a percentage point, or 50 basis points, at its meeting in May, and possibly follow it up with similar moves in the next several months, Waller told CNBC. The Fed normally increases in 25-basis-point increments. A basis point equals 0.01%. “I think the data has come in exactly to support that step of policy action if the committee chooses to do so, and gives us the basis for doing it,” he said during a live “Closing Bell” interview with CNBC’s Sara Eisen. “I prefer a front-loading approach, so a 50-basis-point hike in May would be consistent with that, and possibly more in June and July.”
Source: CNBC

2022-04-19T07:05:24-05:00April 19, 2022|News|

Governor Laura Kelly Announces Largest Economic Development Investment in Kelly Administration History (Manhattan)

On Monday, Governor Laura Kelly announced her administration’s most significant economic development project to date. Scorpion Biological Services, a subsidiary of Heat Biologics, Inc., is commencing on a planned development of a new 500,000 square foot biomanufacturing facility in Kansas. The $650 million business investment project will create 500 new, high-paying jobs in Manhattan within the next seven years. “Kansas is the center of the country, with quick access to either coast, a strong workforce and a growing economy—so there’s no better state for Scorpion to locate to address potential threats to public health,” Governor Laura Kelly said. “Scorpion’s selection of locating this facility in the state reinforces what many have come to learn—Kansas is open for business.”
Source: Kansas Department of Commerce

2022-04-19T07:09:49-05:00April 19, 2022|News|

According to new survey, nearly all residents feel good about living in Johnson County

In Johnson County’s annual community survey, residents again gave high marks for the county’s quality of life, services and programs, and voiced their opinions on the services most important to them. Results from the 2022 community survey were shared Thursday, April 14, with the Board of County Commissioners during a Committee of the Whole meeting. The six-page survey consisted of 25 questions and was conducted in January and February by ETC Institute of Olathe. “When it comes to being a place to live, raise children, work and retire, Johnson County is head and shoulders above the national and other large community averages,” Chris Tatham, president and chief executive officer of ETC, said.
Source: Johnson County Kansas

2022-04-19T07:10:16-05:00April 19, 2022|News|

More than $1.6 million in federal grant funding to help support Johnson County’s older adults

Federal grant funding of more than $1.6 million and a new staff position for the Johnson County Aging and Human Services Department were approved Thursday, April 7, by the Johnson County Board of County Commissioners by unanimous vote. The funds are provided to the department through the Johnson County Area Agency on Aging from the American Rescue Plan Act (ARPA) of 2021 by the Kansas Department of Aging and Disability Services. The ARPA provided federal funding to states, including grants through the Older Americans Act, to help communities provide services for aging adults. A BOCC priority is to strengthen and finance the appropriate level of service to meet the needs of the county’s vulnerable populations and create conditions that promote community health.
Source: Johnson County Kansas

2022-04-19T07:10:29-05:00April 19, 2022|News|

Roeland Park could be impacted by new Kansas immigration law

Roeland Park’s “safe and welcoming” ordinance, which has been on the books for more than a year, could be impacted by a new state law recently signed by Gov. Laura Kelly. HB 2717, among other provisions, prohibits municipalities from “preventing the enforcement of federal immigration laws.” Under the law, local law enforcement agencies are now required to notify officers of their “duty to cooperate with state and federal agencies in the enforcement of immigration laws.” The law also bars the use of municipal IDs for any state purpose, such as voting.
Source: Shawnee Mission Post

2022-04-19T07:11:25-05:00April 19, 2022|News|

Haven residents thankful to be home after evacuations from gas plant fire

It has been a long 24 hours for a lot of the residents on 6th St. and Westland Dr. in Haven. Around 1:30 Thursday afternoon, Catherine Harber says she was at home when she starts to hear a rumbling above her house. “Oh my gosh, I didn’t know what happened, it was so loud and then I stepped out and see flames.” Those flames were coming from the Tenawa Natural Gas plant just down the road. Fire crews spent most of the afternoon and evening working to put out the flames. Down the street on 6th and Kansas, Verbena Strasner says she was on her way home from work in Yoder when, “We did get a call yesterday to evacuate, but by the time I got home, it was rescinded. So I thought we were in the clear.”
Source: KAKE – News

2022-04-19T07:12:03-05:00April 19, 2022|News|

Topeka ranked as top summer destination for remote workers

The capital city of Kansas is receiving more attention from a growing list of outlets that are recognizing Topeka for its many benefits, including those offered to remote workers. Topeka recently received praise from Hola! which ranks as one of the U.S.’s top Latino entertainment websites. In an article titled, “The Best Summer Destinations for Remote Work: For Beach Lovers, Nature Explorers or Restaurant-Goers,” Topeka is rated alongside Honolulu, Hawaii; Petaluma, California; Tucson, Arizona; and Ithaca, New York.
Source: KSNT 27 News

2022-04-19T00:37:24-05:00April 19, 2022|News|

City falling short on some of its public safety goals, update for Lawrence City Commission shows

Lawrence city commissioners on Tuesday will hear an update on some measures of the city’s performance in safety and security. Some of the city’s progress indicators in Tuesday’s meeting agenda still include baseline data from the city’s 2019 community survey, according to Interim Lawrence-Douglas County Fire Medical Chief Tom Fagan. One of those indicators is the percentage of residents who perceive Lawrence as safe or very safe. At 82%, the city was below the target of 90%. The city’s strategic plan website currently shows that the percentage of residents who rate their trust in emergency services from the police department as “satisfied” or “very satisfied” was 81%, below the target of 85%; and from LDCFM, the rate was 91%, below the goal of 95%. However, those numbers are substitutes using 2019 data that asked residents about the “overall quality” of those services rather than their trust in them.
Source: The Lawrence Times

2022-04-19T00:33:20-05:00April 19, 2022|News|

Riley County approves EPA order to bring sewer benefit district into compliance

Riley County Commissioners on Monday unanimously agreed to an Environmental Protection Agency order that sets a compliance timeline for the University Park Sewer Benefit District. The University Park Sewer Benefit District treats domestic wastewater from district residents and landowners that is discharged into Tuttle Creek Lake. According to meeting documents, the EPA has found that the facility is failing to comply with sewage limitations and failing to conduct analysis properly. During an inspection, an EPA representative found that the pH standards of the chlorine secondary standards in the facility laboratory were out of date, the facility’s analytical equipment was not calibrated according to the manufacturer’s instructions, and facility personnel did not keep records of when the equipment was calibrated.
Source: themercury.com

2022-04-19T07:14:54-05:00April 19, 2022|News|

KCK/WYCO hit by cybersecurity attack over holiday weekend

This weekend the Unified Government of Wyandotte County and Kansas City, Kansas, was subject to a cybersecurity attack to its data centers, a UG spokesman stated. The Unified Government has been working diligently to restore services and data access, a UG news release stated. Community members may visit the UG’s website at wycokck.org or call 3-1-1 for updates on services that have been affected. According to the UG spokesman, this is a fluid situation with an ongoing assessment of the damage underway.
Source: Wyandotte Daily

2022-04-19T07:15:26-05:00April 19, 2022|News|
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