Missourinet » Business
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Missourinet » Business
3h ago
The University of Missouri is projecting a 19.8% drop in net farm income for the Show-Me State this year. The Spring 2024 Missouri Farm Income Outlook says the decline is due to declining market receipts and lower crop prices. The report looks at projected farm financial indicators, including receipts, production expenses, and other components that ..read more
Missourinet » Business
3h ago
Missouri law requires people to be at least 18 years old to buy tobacco products. But maybe not for long. The Missouri House of Representatives could soon debate a bill, sponsored by Rep. Brad Christ, R-St. Louis, that would raise the minimum age to 21. “It’s a federal statute now that was put in place ..read more
Missourinet » Business
2d ago
A state lawmaker wants to bring mega manufacturing projects to Missouri. Alisa Nelson talks to St. Louis State Representative Brad Christ, who is sponsoring a tax credit proposal to attract these businesses to Missouri ..read more
Missourinet » Business
2d ago
It’s true, that peer-to-peer payment apps such as Venmo and PayPal have made transferring money between friends incredibly convenient, but as Kimberly Palmer of Nerd Wallet points out, there are certainly risks involved. Errors can occur, whether it’s sending money to the wrong person or accidentally inputting the wrong amount. Fraud is also a concern ..read more
Missourinet » Business
2d ago
Missouri’s net farm income will likely drop 18% this year to $3.6 billion, according to the Spring 2024 Missouri Farm Income Outlook. Those numbers compare to an estimated 25% decrease in U.S. net farm income. Scott Brown, interim director of the University of Missouri’s Rural and Farm Finance Policy Analysis Center (RaFF) told Missourinet that ..read more
Missourinet » Business
4d ago
The Missouri Senate has given initial approval to a bill that would treat gold and silver as money. The legislation from Sen. Bill Eigel, R-Weldon Spring, would allow businesses to accept gold and silver as payment. His bill would also require state government agencies to accept gold and silver as forms of payment for taxes ..read more
Missourinet » Business
1w ago
Today is April 15. That means that the tax filing deadline is here. The IRS is reminding last-minute tax filers that the agency has a plethora of free tools and resources available through their website, IRS.gov, including tax preparation, answers to tax law questions, refund tracking, tax law research, and business topics. “Millions of taxpayers ..read more
Missourinet » Business
1w ago
A tax credit package to boost advanced manufacturing is in the works for Missouri. The state House of Representatives has given initial approval to a plan that could give a tax credit of up to 20% to companies who invest a minimum of $1 billion and create at least 500 jobs in Missouri. Rep. Brad ..read more
Missourinet » Business
2w ago
From homemade apple dumplings to apple brats, the western Missouri town of Waverly is known for all things apple. So much that Rep. Kurtis Gregory, R-Marshall, is sponsoring a bill that would designate Waverly as the “Apple Capital of Missouri.” Why does Waverly deserve the designation? For starters, Gregory said that’s where the state apple ..read more
Missourinet » Business
2w ago
What do significant gains in financial wealth look like to you? It turns out that Millennials and older Gen Z-ers made a lot of money in 2022, according to a recent report from the Federal Reserve Bank of St. Louis. Lowell Ricketts and Ana Hernandez Kent talk to Anthony Morabith on Show Me Today ..read more