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PCE inflation stays low in June

1 year 9 months ago
The Fed's preferred measure of inflation, PCE, remained very low in June: On a conventional year-over-year basis, headline PCE came in at 2.5% and core PCE was 2.6%.
Kevin Drum

Tower Grove Continues Our Landlord Training Tradition by Hosting Property Management Best Practices, Thursday, August 8, 10 to 11:30am

1 year 9 months ago

You are invited to a Landlord & Rehabber Training on Property Management Best Practices, Thursday, August 8, 10 to 11:30am, offered in-person at the Tower Grove Community Development Corp, 2337 So. Kingshighway, 63110. Register in advance here.   https://forms.gle/byWpQ7xY9Svva6P69

 This training session will feature:

·       Dana Gray, Community Development Outreach Coordinator, at Tower Grove CDC. She will review Property Management Best Practices from her perspective as a DIY rehabber, landlord, and property manager for 20 years. Learn from Dana’s successes & mistakes.

·       Adam Drake, HomeScreen Landlord Support Specialist, will review tenant screening process & ARCH (At-risk Renters Connection to Housing).

We will provide coffee, soft drinks, and a snack

This FREE training is open to all landlords, property managers, rehabbers, developers, and any interested parties. The Tower Grove CDC office is ADA compliant.  Contact me ahead of the event, so we can assist with access at a ground level door.  If you have any questions, please contact dana@towergrovecdc.org

PARKING: Free parking on the west side of the building. Enter the parking lot from Southwest Ave.  You will see a door to Tower Grove CDC facing the parking lot.

Other news: Small Business New Filing Requirement

Is your business operating as a limited liability company (LLC)? Take note, there’s a new federal rule requiring most small businesses to file with the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN). LLCs and other businesses must report information about their beneficial owners — the persons who ultimately own or control the company. You don’t need an attorney or an accountant to complete the form, and there is no filing fee. Find the instructions and FAQs on the FinCEN website. Companies that were created before 2024 have until the end of this year to file. Those created in 2024 have 90 days after their incorporation to file. Companies established in 2025 (and thereafter) will have 30 days to register. The new rules are intended to combat money laundering, terrorism financing, organized crime, and other financial crimes. 

Sean Spencer

Jay Ashcroft pitches biggest reorganization of Missouri’s finances in state history

1 year 9 months ago
A February poll of Republican primary voters showed Missouri Secretary of State Jay Ashcroft had the most recognizable name in the race for governor. That shouldn’t be surprising. Ashcroft has held statewide office for eight years, and his father, John, ran statewide seven times, winning five elections for state attorney general, governor and U.S. senator before becoming U.S. attorney general under President George W. Bush. Jay Ashcroft was born the year his father was appointed state auditor…
Rudi Keller

FCC Votes To Make Phone Unlocking Easier

1 year 9 months ago
With a unanimous 5-0 vote, the FCC says it is moving forward with plans that should make unlocking your mobile phone easier than ever. According to a new FCC announcement, the agency say it will begin crafting new rules that will require that wireless carriers unlock customers’ mobile phones within 60days of activation. At various […]
Karl Bode

City of St. Louis taking senior tax-freeze applications, county still preparing

1 year 9 months ago
(The Center Square) – The city of St. Louis is ready to handle the property tax freeze for seniors while St. Louis County is making preparations for the process. Missouri Republican Gov. Mike Parson signed Senate Bill 756 into law earlier this month to change how seniors can be eligible for a property tax freeze. When the law was passed last year, it limited the definition of an eligible taxpayer to someone eligible for Social Security retirement benefits. The 2023 law, Senate Bill 190, prohibited…
Joe Mueller

North Korea man indicted in cybersecurity attacks on hospitals, military bases

1 year 9 months ago
KANSAS CITY, Kan. — Federal authorities on Thursday announced the indictment of a North Korea man accused of launching ransomware attacks on hospitals in Kansas and other states, then using the bounty to finance cyber attacks on military bases and defense contractors. Rim Jong Hyok, a member of North Korea’s military intelligence agency, faces federal […]
Sherman Smith