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Missouri Senate approves budget plan with boost for schools, child care

1 week 1 day ago
The only member of the Missouri Senate who was never a public official before winning election had a scathing verdict on the budget debate he witnessed Tuesday night. “I think this is one of the worst processes I’ve ever seen and been a part of,” said state Sen. Joe Nicola, a Republican from Independence. “I think it’s broken.” Nicola spoke after watching the bitterest 20 minutes of the five-hour budget debate. Senate Appropriations Committee Chairman Lincoln Hough had just finished…
Rudi Keller

Missouri Senate debates budget with $450M in spending on ‘pet projects’

1 week 1 day ago
More than half a billion dollars in general revenue earmarks added to the Missouri budget for hundreds of local projects or favored vendors will be in play when the final budget negotiations take place next week. The Missouri Senate on Tuesday night began debating 13 spending bills to fund state government operations in the coming year. The bills would appropriate $49.4 billion — $1.5 billion more than the proposal approved in the Missouri House and $700 million less than proposed by Gov. Mike…
Rudi Keller

How this nonprofit is empowering St. Louis youth with key financial skills

1 week 2 days ago
Financial Literacy Month, observed in April each year, is a time dedicated to promoting the importance of financial education and inspiring individuals to develop healthy financial habits in areas of budgeting, saving, investing and managing debt. Citi recognizes the importance of financial education, and Citi volunteers participate in several financial education activities, including engagement in the American Bankers Association Foundation’s financial education campaigns. This valuable effort…
Citi

PNC executives on what St. Louis must get right to advance its economy and ensure business success

1 week 2 days ago
As Michael Scully retires from his PNC regional president role and Matt Corcoran takes the helm of PNC’s business in St. Louis, these distinguished executives share their insights on advancing St. Louis’ economic and business success. Q: How long have you called St. Louis home? Michael Scully: I moved here in 1983 to begin my banking career and have never thought about living elsewhere. The civic-minded business community, quality of life and many cultural amenities make St. Louis such an amazing…
PNC Bank

Missouri Supreme Court upholds voter-approved paid sick leave law

1 week 2 days ago
Missouri’s Supreme Court on Tuesday upheld Proposition A, the voter-approved law expanding paid sick leave set to go into effect Thursday. It was a unanimous opinion but one judge dissented on the reasoning.  “This court finds there was no election irregularity and the election results are valid,” Chief Justice Mary Russell wrote in the opinion. Business groups have been fighting on two fronts to gut the law since it passed in November. Tuesday’s decision marks the failure of one front,…
Clara Bates