Kansas Oversees $95 Million Unemployment Overpayments
A federal study highlights overpaid unemployment benefits in Kansas and other states due to registration gaps and differing state laws. Kansas aims to overhaul systems, with vendors expected soon, after 2004 legislative approval. Officials warn continued errors hurt businesses and the economy while stressing the need for a coordinated fix.
MENTIONED IN THIS ARTICLE
Martino
Kansas
State Labor Agency
Jim Gregory
Kansas Chamber of Commerce
State Labor Department
Gregory
Fed signals gradual rate hikes amid inflation risk
The Federal Reserve plans continued slow increases to curb inflation with a likely quarter-point move at the upcoming September meeting and further hikes into 2006. If realized, the funds rate could reach 4.25 percent and the prime rate 7.25 percent as economists foresee sustained growth and tighter policy. Stocks rose on the news as employment and GDP readings remained solid.
MENTIONED IN THIS ARTICLE
Fed
Lynn Reaser
Banc of America Capital Management
Reaser
Sherry Cooper
BMO Nesbitt Burns
Wall Street
Commodities mixed as futures slip. metals and grains edge lower
Markets show declines in Chicago Board of Trade soybeans and most grains while wheat and corn ease. Live cattle and lean hogs fall on the CME. local elevator quotes list assorted prices for wheat corn and soybeans. Precious metals and industrials quote varied, with copper, lead and zinc near steady and gold around the early 430s per ounce.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Chicago Mercantile Exchange
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland
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Ljworld.com
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HCA Inc
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Hercules
Intel
Keycorp
Agia
Macerie
Merck
MRK
Microsoft
MSFT
Oreilly
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Paul Shoe Ad
PSS
Prnney
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AIM Investments
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BlackRock
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Calvert Group
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