News – Page 2036 – Ranson Financial Group LLC

What the 2- vs 10-year Treasury yield curve inversion means

info2019-08-14T22:09:58-05:00August 14th, 2019|

The yield on two-year U.S. Treasury notes was higher than the yield on the 10-year for a while Wednesday, marking the first time since June 2007 this curve has inverted. Many market participants see this as a sign of a coming recession in the next year or two. Other parts of the curve — the 3-month to 10-year and the 2- to 5-year — inverted earlier this year and remain inverted. “The significant decline in rates has led to meaningful inversion in key parts of the interest rate curve — historically these types of inversions have signaled that economic weakness and [...]

On the Clock….. Construction firm faces deadline for 10th and Grant project

info2019-08-14T22:04:16-05:00August 14th, 2019|

To use a sports analogy, Morgan Brothers Construction is down two touchdowns late in the fourth quarter with no timeouts and they don’t even have the ball. Morgan Brothers is the construction firm that is doing the construction work at 10th and Grant Streets in Great Bend. The project to widen the intersection started in March with an 85-day construction contract which would have had the work done by the end of July. But after one delay due to springtime rains, construction was delayed again recently after the company told the city that materials for the project had been back ordered. [...]

Main yield curve nearly inverts as 10-year yield tops 2-year rate by just 2 basis points

info2019-08-13T22:05:53-05:00August 13th, 2019|

The yield on the benchmark 10-year Treasury note threatened to break below that of the 2-year U.S. note on Tuesday as investors rushed toward safe haven assets amid global growth concerns. The traditionally watched 2-year and 10-year Treasury curve is just 2 basis points away from inversion, a phenomenon heralded by many as a recession indicator. Investors are now demanding higher interest rates on short-term debt than they are longer term debt, a phenomena known as an “inverted yield curve.” The yield on the benchmark 10-year Treasury note rose to 1.685%, just above that on the 2-year security at 1.665% and [...]

Hays, Hoxie mental health services awarded federal grants

info2019-08-13T18:24:03-05:00August 13th, 2019|

Mental health service providers in Hays and Hoxie are among the 17 agencies in Kansas receiving a total of $2.8 million from the U.S. Department of Health and Human Services (HHS) to improve mental health services and combat the opioid epidemic. The announcement was made last week during National Health Center Week, an annual celebration to raise awareness about the mission and accomplishments of American health centers over the past five decades. As part of this celebration, the Department of Health and Human Services announced the agency is awarding $400 million dollars to improve mental health services and combat the opioid [...]

Derby Public Schools sets maximum price for bond projects

info2019-08-13T18:22:06-05:00August 13th, 2019|

Derby Public Schools has set a guaranteed maximum price of $12,359,595 for a new 42,000-square-foot administrative center and improvements at Tanglewood Elementary School. School board members approved the amount at their Aug. 5 meeting. The guaranteed maximum price is the most McCownGordon Construction, the company overseeing all of the district’s bond projects, can bill the district without a change order. (Read more: Derby News | derbyinformer.com)

RCPD pledges to improve officer mental health response training

info2019-08-13T18:20:18-05:00August 13th, 2019|

The Riley County Police Department has signed onto an initiative aiming to improve their response to calls related to mental health crises. The One Mind Campaign is a creation of the International Association of Chiefs of Police. It’s an effort to promote coordination and cooperation between police agencies and local mental health organizations. RCPD Director Dennis Butler says in a release that they are committed to providing the best possible response to citizens in crisis. (Read more: 1350 KMAN)

Stakeholders can discuss future transportation priorities at Local Consult meetings

info2019-08-13T18:16:32-05:00August 13th, 2019|

A series of Local Consult meetings hosted by the Kansas Department of Transportation will give citizens a chance to discuss regional transportation priorities and participate in scenario planning for the future. “These meetings are an important opportunity for stakeholders to help set the vision for transportation in Kansas,” said Secretary of Transportation Julie Lorenz. “This is a transformational time in transportation, and we need you to help chart our success into the future.” At the meetings, stakeholders will review facts and trends and explore alternative future possibilities through scenario planning. Stakeholders will also have the opportunity to present information about transportation [...]

Wichita school district uses near $1 million in grant money for safety improvements

info2019-08-13T18:03:20-05:00August 13th, 2019|

A new year for Wichita Public Schools accompanies changes coming with children's safety in mind. The district is using a grant from The State of Kansas to pay for improvements. The grant will pay for some pricier, high-tech upgrades, but it's some low-tech upgrades administrators say, could make a big difference. Some of the grant money went to pay for things like deadbolts and corresponding stickers the number each and every door in a school from the inside and out. Wichita Public Schools Director of Safety Services Terri Moses says soon, virtually every classroom door in the district will lock from [...]

Commissioners approve construction bid for new Salina police training facility

info2019-08-13T18:00:58-05:00August 13th, 2019|

After nearly an hour of listening to recommendations, testimonies and thoughts from local citizens and former and local law enforcement officials, the Salina City Commission on Monday unanimously approved to award Wichita-based Compton Construction the bid for construction of a new Regional Law Enforcement Training Center. Commissioner Melissa Hodges was not at Monday’s meeting. “This has been quite a long process, but I’m ecstatic that it’s done, and ecstatic that the commissioners saw the need for this training facility that will benefit both my officers and the community, greatly,” said Salina Police Chief Brad Nelson. “I couldn’t be any happier.” (Read [...]

If you think JoCo’s I-35 construction traffic is bad now, just wait till next spring

info2019-08-13T17:58:07-05:00August 13th, 2019|

The traffic headache on Interstate 35 in Johnson County should get better in a matter of months, when the southbound ramp to Overland Parkway/U.S. 69 reopens. But commuters can prepare for a migraine this spring. The ramp closed this month for a $3.7 million bridge repair project, which should be completed by December, according to the Kansas Department of Transportation. The construction is sending some 72,000 vehicles on a detour each day. But I-35 drivers won’t get too much of a break after that project is completed. (Read more: Joco 913 News)