The bond market is flashing a warning sign a recession may be coming. Here’s why

2022-03-29T01:24:10-05:00March 29th, 2022|

The bond market is flashing a warning sign for the U.S. economy. That harbinger is called an "inverted yield curve." These inversions in the bond market have been reliable predictors of past recessions. Part of the yield curve inverted on Monday. An economic downturn isn't assured, though. Some economists think the warning is a false alarm. Here's what to know. Source: CNBC - Bonds

City of Wichita crews find three leaks at water treatment plant

2022-03-29T06:59:18-05:00March 29th, 2022|

Public works crews from the city found leaks at the water treatment plant. It's now time to fix the problem. On Monday, KSN received an update from public works director, Alan King, who told us crews found not two leaks as the city originally reported, but a third leak was found at the site. This is something crews did not know about until divers went down on Friday and discovered the additional leak inside the pipe. Crews isolated the problems, closed off the line and sealed it off. Right now there are questions about how much this is going to cost [...]

Strang Park set to reopen this summer with Overland Park’s first all-inclusive playground

2022-03-29T01:17:59-05:00March 29th, 2022|

A new and improved St rang Park in Overland Park is on track to reopen this summer for the first time in more than two years with several new features aimed at making the park more inclusive and accessible. Efforts to remake the 11-acre park at West 88th and Farley Street have been ongoing since last August, and the city gave an update on its Facebook page last week, announcing that Strang Park should reopen this June. The improvements at Strang include a new all-inclusive playground with elevated climbing nets, a sensory tunnel, in-ground trampolines and a rock wall, all aimed at “promot[ing] tactile, motor and visual [...]

Johnson County considers bolstering security at admin building in Olathe

2022-03-29T06:59:44-05:00March 29th, 2022|

The Johnson County administration building in downtown Olathe, where the county commission meets, has serious security deficiencies that need to be addressed by scanning people as they come and go, according to Sheriff Calvin Hayden. In light of sometimes “highly volatile” meetings in the building, Hayden has proposed adding six staffers for building security, plus improvements in certain lobby areas. The county already has working scanning equipment left over from the old courthouse, he said. Source: Prairie Village Post

Local Governments Attractive Targets for Hackers and Are Ill-prepared

2022-03-29T01:11:39-05:00March 29th, 2022|

President Joe Biden on March 21 warned that Russian cyberattacks on U.S. targets are likely, though the government has not identified a specific threat. Biden urged the private sector: “Harden your cyber defenses immediately.” It is a costly fact of modern life that organizations from pipelines and shipping companies to hospitals and any number of private companies are vulnerable to cyberattacks, and the threat of cyberattacks from Russia and other nations makes a bad situation worse. Individuals, too, are at risk from the current threat. Local governments, like schools and hospitals, are particularly enticing “soft targets” – organizations that lack the [...]

Residents review Paola’s comprehensive plan draft

2022-03-29T07:00:29-05:00March 29th, 2022|

The potential future of Paola was on display Thursday, March 24, during a public open house that unveiled a draft of the city’s new comprehensive plan. Maps, charts and statistical information were displayed throughout the gymnasium at the Paola Fire Station for the event, and members of the public were encouraged to walk through, ask questions and provide feedback. The displays covered topics like existing and future land use maps, parks and recreation, natural resources and conservation, housing and neighborhoods, economic development, infrastructure and transportation. There also was a print version of the lengthy draft residents could flip through. Source: Local [...]

A legend is lost in Clearwater: Former city council member, city administrator Yvonne Coon dies March 12

2022-03-29T07:03:05-05:00March 29th, 2022|

Community legend Yvonne Coon died on March 12 at the age of 87.“Mom was a great mother of three, David, Donald and Belinda,” said Yvonne’s son, David. “She loved family, friends, singing in the choir and her favorite city – Clearwater, Kansas.” Yvonne served the City of Clearwater for 49 years before retiring in 2020. She began working for the city in 1971 as a part-time employee, eventually becoming the first female city administrator in the state... Source: Times-Sentinel Newspapers

‘It takes a village’: Community walk in Kansas City, Kansas, draws police and residents

2022-03-27T22:43:22-05:00March 27th, 2022|

Karl Oakman looked out at a crowd of about 200 people gathered Saturday morning at Mt. Zion Church in Kansas City, Kansas, and felt proud that a “peace walk” hosted by the police department had drawn such a large gathering. The event was organized to bring residents of Wyandotte County together with members of the police department. Police Chief Oakman hoped the walk would inspire more collaboration and positive engagement. “I really wanted to let the community see that the police is here to work with them,” said Oakman, who was sworn in as the new leader in June. “Rather than [...]

Geneseo says ‘space ships welcome’ with hopes of becoming the UFO capital of Kansas

2022-03-28T07:11:38-05:00March 27th, 2022|

In the Rice County town of Geneseo, population 200, there is a sign at the entrance of the city museum beckoning visitors. All kinds of visitors. "Space Ships Welcome." Welcome to Geneseo, where a movement is underway to name the town the UFO Capital of Kansas and perhaps even host a special global event on July 2 — World UFO day. Evidence of otherworldly visitors is in a new permanent exhibit at the Geneseo City Museum. When it comes to viewing the exhibit, think of a mix of Orson Welles' "War of the Worlds" radio broadcast of 1938, and episodes of [...]

Munis end rough week with yields rising double digits on short end

2022-03-28T07:00:08-05:00March 27th, 2022|

Municipal yields rose Friday to close out a rough week, with the short end of the curve again seeing the brunt of the damage, with double-digit cuts to triple-A scales. U.S. Treasuries yields rose another 14-15 basis points on the short end, while equities ended mixed. Munis saw up to 12 basis point cuts on the short end, while USTs saw cuts up to 15 basis points inside the 10-year. Source: The Bond Buyer

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