Dimon warns that the Fed could still raise interest rates sharply from here

27 Wednesday, September 27

Dimon warns that the Fed could still raise interest rates sharply from here

2023-09-27T09:45:51-05:00September 27th, 2023|

JPMorgan Chase CEO Jamie Dimon is warning that interest rates could go up quite a bit further as policymakers face the prospects of elevated inflation and slow growth. Though Federal Reserve officials have indicated that they are near the end of their rate-hiking cycle, the head of the largest U.S. bank by assets said that may not necessarily be the case. In fact, Dimon said in an interview with The Times of India that the Fed's key borrowing rate could rise significantly from its current targeted range of 5.25%-5.5%. He said that when the Fed raised the rate from near-zero to [...]

26 Tuesday, September 26

Wellsville schools celebrate completion of $18.1 million improvement project

2023-09-27T06:56:20-05:00September 26th, 2023|

Ryan Bradbury took a moment Saturday to celebrate an achievement that took years to reach. All of those hours spent in meetings, researching, checking and double-checking had come down to this moment, and he was going to relish it. Standing in the shadow of the newly renovated entrance to Wellsville High School, Bradbury, USD 289 Wellsville School District superintendent, watched as board members cut a blue ribbon, formally opening the doors on an $18.1 million facilities project. “This is an exciting time for our students and our community,” Bradbury said. “Generations of Wellsville families have been educated within these walls. This [...]

26 Tuesday, September 26

Salina hosting U.S. National Aerobatic Championships for fourth year

2023-09-27T06:56:31-05:00September 26th, 2023|

People in Salina may notice some unusual sights and sounds coming from the sky near the airport as the U.S. National Aerobatic Championships take place this week. The championships, hosted now for the fourth year at the Salina Regional Airport, features 85 pilots competing in the air sport of aerobatics. This is the fourth time in the past five years, with one year taken off due to COVID, that the U.S. National Aerobatic Championships has taken place at Salina Regional Airport. “There are a lot of things that factor into the right place to have it,” said Shad Coulson, the contest [...]

26 Tuesday, September 26

Take a walk through time: Eagle Scout completes historic tour of Tecumseh

2023-09-27T06:56:41-05:00September 26th, 2023|

Here, in this overlooked brick building now serving as a post office, was a general store that was a center of trade for the sleepy town of Tecumseh, Carter Vincent points out. Right next door, an old barn structure is all that remains of the original medical practice, whose physician has long since passed but whose legacy is best seen in the hundreds of babies he helped deliver through the turn of the 19th century. Less than a block away are the sites of several firsts for Shawnee County — a first courthouse, a first church — that served as the [...]

26 Tuesday, September 26

Lawmakers vow to LAVTR fund: Shawnee County pushes back in advocating for local relief

2023-09-27T06:56:51-05:00September 26th, 2023|

Tensions flared as state and local politicians clashed over property taxes, setting the stage for what is likely to be a heated tax dispute next legislative session. The area of agreement is a mutual desire to cut property taxes. The dispute is over whether the state should put money into a fund intended to help pay for local property tax cuts, or if the state should cut its own property taxes. A movement has been growing to fund the local ad valorem tax reduction fund, or LAVTR, for the first time in 20 years. The LAVTR remains part of state law, [...]

26 Tuesday, September 26

Kansas faces shortfall of 34,000 college-educated workers through 2030

2023-09-26T11:24:39-05:00September 26th, 2023|

A new labor report revealed the current annual rate of degree and certificate completion at Kansas colleges and universities would be insufficient to meet anticipated growth in demand for young, educated workers and could leave the state’s economy with an estimated 34,000 shortfall by end of this decade. Analysis by the Institute for Policy and Social Research at the University of Kansas delved into challenges of surging higher education attainment in Kansas despite a declining percentage of high school graduates interested in college, the out-migration of Kansas college graduates to Missouri, Colorado and Texas, and the lack of competitiveness of salaries [...]

26 Tuesday, September 26

City leaders host meeting for those interested in running Wichita Animal Shelter

2023-09-26T11:00:27-05:00September 26th, 2023|

The process of finding new management for the Wichita Animal Shelter is underway. On Monday, the City of Wichita hosted an informational session for people interested in taking on the role. The Wichita Police Department has been managing the shelter, but the City wants this to change so police can focus on picking up strays, sick and injured animals, and dead animals. Police would still handle animal bites, animal cruelty, and neglect investigations. The City hopes the new operator improves communication with rescue partners to find homes for abandoned pets and provide vet care. The Kansas Humane Society, which has been a partner with [...]

26 Tuesday, September 26

Complex problem: The tug-of-war between neighbors, city government and an idle developer

2023-09-26T10:57:47-05:00September 26th, 2023|

Surrounding homeowners have grown increasingly frustrated that an unfinished construction site in northeast Wichita has continued to sit mostly untouched for almost another full year. Calamar, a New York-based development company, started work in June 2020 near the northeast corner of 21st and 127th Street East on a 134-unit apartment complex called Connect 55+ that's geared toward residents 55 and older. It's had several fits and starts since then, but there's been few signs of substantial progress for the past two years. Now, city officials say the builder has until Oct. 29 to make "significant progress" on a list of about 500 repairs and [...]

26 Tuesday, September 26

WPD seeks accreditation through Kansas Law Enforcement Training Center

2023-09-26T10:50:05-05:00September 26th, 2023|

The booklet on LT Aaron Moses’s desk is a guide for the Wichita Police Department to do something it’s never done before. “The Wichita Police Department has never been an accredited agency," explains Moses. WPD is in the process of applying for accreditation through the Kansas Law Enforcement Training Center, or KLETC. Its been a part of Chief Joe Sullivan's efforts since taking over the department in late 2022. "His previous law enforcement agency was an accredited agency and so accreditation was something that was top of mind for him.” What does accreditation mean for the WPD? In the most basic [...]

26 Tuesday, September 26

Burrton police find 49 pounds of meth during traffic stop

2023-09-26T10:47:08-05:00September 26th, 2023|

Burrton Police Department, with assistance from the Halstead Police Department, the Harvey County Sheriff's Office, and the Kansas Bureau of Investigation, have found 49 pounds of methamphetamine. It happened back on Aug. 31 when Burrton Police officers spotted a semi-truck with a vehicle trailer hauling several vehicles along U.S. Highway 50. Chief David Odle says officers saw "suspicious plastic wrapping" coming from the bumper of one of the vehicles the truck was hauling. Chief Odle says as officers looked closer, they believed they saw narcotics in the bumper. A K-9 officer from Halstead was called in to check the vehicle. Chief Odle says [...]

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