News – Page 1146 – Ranson Financial Group LLC

2-year Treasury yield tops 10-year rate, a ‘yield curve’ inversion that could signal a recession

info2022-04-01T00:11:39-05:00April 1st, 2022|

The 2-year and 10-year Treasury yields inverted for the first time since 2019 on Thursday, sending a possible warning signal that a recession could be on the horizon. The bond market phenomenon means the rate of the 2-year note is now higher than the 10-year note yield. This part of the yield curve is the most closely watched and typically given the most credence by investors that the economy could be heading for a downturn when it inverts. The 2-year to 10-year spread was last in negative territory in 2019, before pandemic lockdowns sent the global economy into a steep recession [...]

Coffeyville Municipal Light & Power Recognized for Reliable Electric Service

info2022-04-01T00:10:13-05:00April 1st, 2022|

Coffeyville Municipal Light & Power has received national recognition for achieving exceptional electric reliability in 2021. The recognition comes from the American Public Power Association (APPA), a trade group that represents more than 2,000 not-for-profit, community-owned electric utilities. APPA helps electric utilities track power outage and restoration data through its subscription-based eReliability Tracker service. Once per year, APPA’s Reliability Team compares this data to national statistics tracked by the U.S. Energy Information Administration for all types of electric utilities. “Once again, public power utilities have demonstrated their commitment to providing highly reliable power to their customers.” said Alex Hofmann, APPA’s Vice [...]

The Main Street Approach helps entire community

info2022-04-01T00:07:48-05:00April 1st, 2022|

When a new program is introduced into a strict environment there can be many misinterpretations of what the program is or what it does and that can be harmful if not clarified. For instance, the Main Street program is only for downtown. That in itself is erroneous. Main Street was a program born out of the “downtown depression”. The program is over 40 years old and will invest 25 million dollars in the next five years into America’s downtowns. When a community’s downtown thrives, so do other businesses. Think of it this way, you don’t treat a toothache by taking aspirin. [...]

Valley Center Police report increase in car burglaries across city

info2022-04-01T00:03:45-05:00April 1st, 2022|

Valley Center Police have arrested a juvenile in relation to an ongoing investigation into an increase in car break-ins across the city. Police said suspects have stolen one car and one firearm and broken into several other vehicles in three main areas over the last week. They believe all the incidents are related. Dannielle Ritter’s rental car was stolen from her house. She said it was a reminder not to get too comfortable in a small town. “It was a little bit more stressful since it wasn’t our car,” Ritter said. “We were worried about what exactly that… would… the repercussions [...]

Border truce ‘didn’t include the Chiefs,’ Kansas governor says amid relocation talk

info2022-04-01T06:54:34-05:00April 1st, 2022|

Kansas Gov. Laura Kelly said Thursday the state’s economic border war truce with Missouri “didn’t include the Chiefs,” after the team president disclosed it has considered stadium options in Kansas. The Democratic governor’s comment signals Kansas would be willing to use economic incentives to lure the Chiefs, who have been in Kansas City since 1963, across the state line. When initially asked about the possibility of relocating the NFL team, Kelly quipped that she was “on speed dial with Lamar Hunt,” referring to the Chiefs’ late founder and owner. His son Clark Hunt is the team’s chairman and CEO. Source: The [...]

Olathe schools to cut $20 million, eliminate jobs

info2022-04-01T06:54:45-05:00March 31st, 2022|

The Olathe school district is planning to cut about $20 million from next year’s budget and eliminate some positions, officials said, due to declining enrollment during the pandemic and other challenges. The move could be a sign of what’s to come for some other districts that face similar obstacles as they launch into their budget deliberations. In Olathe, while reductions in department budgets are expected across the board, the district has confirmed it will cut library clerk positions next school year — about 15 total at middle and high schools, spokeswoman Becky Grubaugh said. Source: KC Star Local News

Don’t burn in April, officials remind residents of Sedgwick and 15 other counties

info2022-04-01T06:54:53-05:00March 31st, 2022|

Here’s an annual reminder: Sedgwick County and 15 others are under an open burn ban for all of April. Restricted activities include “burning trees and brush from land clearing, crop residues, construction debris, yard waste and the use of backyard chimineas and fire pits,” a city news release said. Starting April 1, no new burn ban permits will be issued and previously issued permits will be suspended until May 1. Exceptions to the ban include “outdoor cooking apparatuses, ceremonial fires, or open burning for the purpose of crop, range, pasture, and wildlife or watershed management,” the release said. Source: Wichita Eagle

Solar power plan takes the spotlight

info2022-03-31T23:42:32-05:00March 31st, 2022|

Iola City Council members have two weeks to once again chew on a proposal that would integrate solar power into the city’s energy portfolio after hearing a proposal Monday for a 4-megawatt solar plant on the west edge of town. Iola’s energy consultant Scott Shreve and Rick Borry of Priority Power Management LLC — the company that would build the plant and control it for at least the first five years — explained the advantages to the city, namely the ability to secure a block of electricity for a known amount for at least 30 years. The cost would vary, depending [...]

New downtown Wichita schools could bring big boost to area

info2022-04-01T07:02:41-05:00March 31st, 2022|

The first Osteopathic Medical School in Kansas is slated to open its doors in Downtown Wichita this August. Right next to it on Broadway, WSU Tech is building its Institute of Culinary and Hospitality Education, also opening in August. The two places of higher learning at their enrollment peaks could combine for over a thousand students, plus faculty, and staff. It's something that has Wichita Mayor Brandon Whipple very excited. “You can't have that type of, I guess, activity in a central area like this without seeing a ripple effect of economic opportunity." Whipple says many small towns are built around [...]

Pittsburg City Hall is making changes to improve accessibility

info2022-03-31T23:36:08-05:00March 31st, 2022|

Pittsburg plans to spend upwards of $300,000 to improve the accessibility of its City Hall building. Sprouls Construction Inc. out of Lamar, Missouri will spend the upcoming weeks installing new ramps and making the buildings entrance more level and accessible. The $284,187 project was approved by Pittsburg’s City Commissioner last week. Officials say the funding for this project comes from federal relief grants. Source: KOAMKOAM