Want liquor or beer delivered to your front door? This Kansas bill could make it happen

Want a bottle of wine or a six-pack of beer on your doorstep, next to Amazon packages or your grocery order? This scenario could potentially soon be a reality in Kansas. Lawmakers are weighing whether to allow grocery stores, restaurants and liquor stores to deliver beer, wine and spirits to a person, either on their own or via a third-party delivery service, such as DoorDash or Uber Eats. Such a move would follow in a string of efforts to modernize the state’s liquor laws, such as a COVID-19 pandemic-era move to allow to-go drink sales and expand the sale of liquor on Sundays. Over half of all states currently allow for the delivery of booze, with many of them making COVID-19 era restrictions permanent in the past two years. But following suit would be a major change for Kansas, a state that had one of the most restrictive liquor laws in the country until fairly recently.
Source: CJonline

2023-03-13T21:48:46-05:00March 13, 2023|News|

Traders Bet on No More Fed Hikes, US Two-Year Yields Plunge

Treasury bonds surged, pushing key two-year yields to their lowest level this year, as investors bet the collapse of three US lenders will compel policymakers to halt interest-rate increases. Swaps now show a less than one-in-two chance that the Federal Reserve will implement another quarter-point hike this cycle. Yields on two-year Treasury notes — the most sensitive to changes in policy — fell as much as 60 basis points to less than 3.99%, the lowest since October.
Source: Bloomberg

2023-03-13T09:04:50-05:00March 13, 2023|News|

Goldman Sachs no longer expects the Fed to hike rates in March, cites stress on banking system

Goldman Sachs no longer sees a case for the Federal Reserve to deliver a rate hike at its meeting next week, citing “recent stress” in the financial sector. Earlier Sunday, U.S. regulators announced measures to stem contagion fears following the collapse of Silicon Valley Bank. Regulators also closed Signature Bank, citing systemic risk. “In light of the stress in the banking system, we no longer expect the FOMC to deliver a rate hike at its next meeting on March 22,” Goldman economist Jan Hatzius said in a Sunday note. The firm had previously expected the Federal Reserve to hike rates by 25 basis points. Last month, the rate-setting Federal Open Market Committee boosted the federal funds rate by a quarter percentage point to a target range of 4.5% to 4.75%, the highest since October 2007. … Goldman Sachs added that they still expect to see 25 basis point hikes in May, June and July, reiterating their terminal rate expectation of 5.25% to 5.5%.
Source: CNBC – Bonds

2023-03-13T08:45:41-05:00March 13, 2023|News|

Investors rush into bonds, gold in flight to safety after SVB rescue

Investors flocked to safe-haven assets such as Treasurys and gold on Monday amid an extraordinary plan to backstop the banking system and limit the impact from the collapse of Silicon Valley Bank. The benchmark 10-year Treasury yield fell nearly 20 basis points to 3.50%, touching the lowest level since Feb.3. The 10-year rate last traded around 3.54%. The yield on the 2-year Treasury tumbled more than 40 basis points to 4.16%, also the lowest in over five weeks. Yields move inversely to prices and one basis point equals 0.01%. The iShares 20+ Treasury Bond ETF jumped 1.6%…. Investors sought safety as banking regulators rushed to backstop depositors with money at Silicon Valley Bank and now-shattered Signature Bank, seeking to ease systemic contagion fears. Depositors at both failed institutions will have full access to their deposits as part of multiple moves that officials approved over the weekend.
Source: CNBC

2023-03-13T08:44:35-05:00March 13, 2023|News|

City of Admire receives funding for multiuse court

The City of Admire is planning to build a pickleball, basketball and tennis court, thanks to $30,000 in funding from Blue Cross and Blue Shield of Kansas as part of Healthier Lyon County’s Pathways to a Healthy Kansas grant. The City of Admire worked with the Healthier Lyon County Coalition to assess the active infrastructure environment at the Admire City Park including tobacco-free grounds policies, making the City eligible for implementation funding. The City of Admire has been prioritizing community health by working hard to make improvements to the city park, most recently adding a disc golf course. The City park also connects to the Flint Hills Nature Trail State Park, a popular trail for cyclists.
Source: Emporia Gazette

2023-03-12T23:27:41-05:00March 12, 2023|News|

Wichita Public Schools chooses its next superintendent from within district ranks

Kansas’ largest school district has named its next superintendent. At a Friday special meeting, the Wichita school board chose Kelly Bielefeld to replace Alicia Thompson in July. Bielefeld, who has been the district’s executive director of college and career readiness since 2020, has also served in teacher, principal and assistant superintendent roles in the Clearwater, Derby, Renwick and Goddard districts. “Since coming to Wichita Public Schools in 2020, he has supported secondary schools with visionary college- and career-ready leadership, written and administered federal grants and created our future-ready center in cooperation with WSU Tech,” board President Sheril Logan said.
Source: Local News | Wichita Eagle

2023-03-12T23:26:54-05:00March 12, 2023|News|

Douglas County District Court to transition to statewide case management system; electronic payments, filings will be affected for a few days

Douglas County District Court will soon transition to a new case management system, which will temporarily disrupt the processing of online payments and electronic court document filings, according to a news release from the state judicial branch. The court will begin switching over to the Kansas eCourt centralized case management system at 4 p.m. on March 29, and the new system is expected to be up and running by April 3, according to the Office of Judicial Administration’s news release on Friday. Courts will remain open during the transition, but attorneys will only be able to file documents on paper and any payments to the court must be made in cash or by paper check until the new system is operational.
Source: LJWorld

2023-03-12T23:20:05-05:00March 12, 2023|News|

City of Lawrence to use pandemic aid to support shelter’s capacity increase; 98 of 125 beds will be overnight only

In an indicator of the closer relationship between the City of Lawrence and the Lawrence Community Shelter, the city plans to use a portion of its pandemic aid to pay additional staffing costs for the shelter to expand its capacity to 125 people. The city announced Thursday that beginning March 13, the day after the city’s winter emergency shelter at the Community Building in downtown Lawrence is set to close for the season, LCS’ capacity will be increased to 125 people. Assistant City Manager Brandon McGuire said Friday that the city would be providing staff and resources to support the increased capacity, as well as helping to fund additional staffing at the shelter. He said the exact arrangement was still being determined, but that the city would be using federal pandemic aid to support the change.
Source: LJWorld

2023-03-12T23:19:27-05:00March 12, 2023|News|

Dollar stores face local pushback

More communities are turning away from the prospect of a dollar store opening up in their town. In a report published by the Institute for Local Self-Reliance, researchers said more than 70 cities and towns have already blocked new projects from chain dollar stores and 50 cities have enacted laws to limit the discount retailers’ plans for expansion. … “In cities, it is common to find dollar stores clustered by the dozen within certain neighborhoods. In rural towns, they typically locate near the only grocery store, and often succeed in wiping it out,” the report said. “One might assume that the dollar chains are simply filling a need, providing basic retail options in cash-strapped communities. But the evidence shows something else. These stores aren’t merely a byproduct of economic distress, they are a cause of it.” Researchers said these tactics leave people without access to fresh food, further imposing hardship on residents who have to travel farther to buy food. But each store’s representatives disagree with the report.
Source: Hutch News

2023-03-12T22:57:53-05:00March 12, 2023|News|
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