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‘Sticky’ inflation signals delay in interest rate cuts

Local officials question when or if the Fed will act this year.

President and CEO John Kemper says "interest rates continue to be elevated and put downward pressure on bank balance sheets."

Innovate SOMO Funds aims to invest in startups and has support from the likes of the Efactory and the Hatch Foundation in Springfield.

The company cites increased expenses during the first three months of the year.

Arlo Financial Holdings inks definitive agreement with plans for a capital raise

Algerian Hart is the ninth member of the board.

Lance Boyer is promoted at Heritage Bank of the Ozarks, where Kim Light remains CEO.

Springfield City Council enacted an ordinance outlawing cash-prize devices in February.

The Springfield-based company renews its contract with Texas Motor Speedway.

Guest columnist Richard Baker: "Marketwise, I don’t expect any major issues this year, but staying invested according to your risk tolerance is wise in case of unexpected turbulence."

Abacus CPAs gets national ranking as fast-growing company.

City officials and engineering consultants outline $32M project costs and schedule at community meeting.

The Bass Pro Shops founder is down three spots from Forbes' 2023 rankings.

Some $16.5 million worth of listings meet SBJ's criteria for March.

Monte McNew, CEO of Springfield-based Guaranty Bank, sees increase in 2023.

The facility was constructed at the site of a former company location.

The team signs a new player and announces a deal that includes raffle of a boat to support Big Brothers Big Sisters.

Newsmakers in the areas of athletics, banking & finance, chambers of commerce, health care, information technology, marketing, nonprofit and transportation.

Credit rating agency AM Best downgraded the financial strength rating of State Farm General Insurance Co. to B (fair) from A (excellent), according to a news release from AM Best.

Read the profiles of this year's honorees.

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