Business News

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April 09, 2020 - 6:10 pm
(WASHINGTON) -- The Federal Reserve has announced a $600 billion lending initiative designed for mid-sized businesses to ensure the easy flow of credit through the newly unveiled Main Street Lending program as part of a $2.3 trillion funding effort to minimize the financial impact of the...
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Textron Aviation
KSN News
KNSS News
April 09, 2020 - 4:13 pm
Textron Aviation announces more furloughs amid coronavirus pandemic.
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iStock/Kwangmoozaa
April 09, 2020 - 3:50 pm
(NEW YORK) -- Restaurants have been among those hardest hit by the coronavirus pandemic. At a time when the future of the foodservice industry feels uncertain, one chef has called for the government to "listen to the people on the front lines of feeding people." Celebrity chef and food advocate Tom...
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In this photo taken from video provided by the New York Stock Exchange, Chief Security Officer Kevin Fitzgibbons rings the opening bell at the NYSE, while recognizing Randy Timmons in Albany, Ga., and thousands of employees of the Proctor & Gamble Company, Thursday, April 9, 2020. (New York Stock Exchange via AP)
KNSS News
April 09, 2020 - 3:08 pm
NEW YORK (AP) — The S&P 500 index closed out its best week since 1974 with another gain Thursday after the Federal Reserve launched its latest unprecedented effort to support the economy through the coronavirus outbreak. The central bank’s announcement of programs to provide up to $2.3 trillion...
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oonal/iStock
April 09, 2020 - 11:12 am
(NEW YORK) -- The coronavirus pandemic has quickly evolved from a health care crisis to a financial one, shuttering businesses, upending industries and sending financial markets reeling. Here's the latest news on how the COVID-19 crisis is affecting the economy. For more on financial resources...
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Steve McIntosh
April 09, 2020 - 9:58 am
What impact is the coronavirus pandemic having on the economy of south central Kansas? Economics professor Jeremy Hill tells KNSS News Wichita's retailers and restaurants got hammered first ... but a bigger problem is disruptions of supply lines to Wichita'a aircraft manufacturers. That means...
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KLH49/iStock
April 09, 2020 - 7:42 am
(WASHINGTON) -- An additional 6.6 million Americans filed for unemployment last week, according to data released Thursday by the Labor Department. Thursday's figure adds to the some 10 million people that have already applied for unemployment insurance amid the COVID-19 pandemic that has forced...
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glegorly/iStock
April 09, 2020 - 6:00 am
(NEW YORK) -- When Alex Rasky was forced to shut down his family-owned retail location in Florida, he quickly realized he would have to file for unemployment. It took time and patience, but he thought he had done everything right. "I applied through Florida's website on March 20," he told ABC News...
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April 09, 2020 - 5:53 am
(NEW YORK) -- The coronavirus pandemic has infected more than 400,000 people and killed at least 13,000 in the United States so far. Another serious consequence of the outbreak: food insecurity. With sky-rocketing unemployment and millions of children unable to receive free or reduced-price school...
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Courtesy Evans Family
April 08, 2020 - 3:24 pm
(CHICAGO) -- A relative of a Walmart employee in Illinois who died from COVID-19 complications filed a wrongful death lawsuit against the retail giant, alleging the store did not do enough to protect employees from the novel coronavirus. Wando Evans, who worked at a Walmart store in Evergreen Park...
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