Economy

The St. Louis Fed’s 2024 economic equity report on young adults, ages 18-24, shows that many have no income, struggle with mental health and face varying degrees of financial stability by race.

Centene Corp. has donated its 60,000-square-foot Ferguson claims center to the Urban League of Metropolitan St. Louis. The donation is the largest any Urban League has ever received, and it will soon house child care initiatives, outreach programs and a food pantry.

The Illinois legislature's revenue estimate closely mirrors Gov. J.B. Pritzker's proposed spending plan.

Illinois Gov. J.B. Pritzker said the state plan to eliminate preschool deserts had a successful first year and celebrated East Alton-based Wieland Manufacturing's $500 million investment to modernize its facility.

After 40 years of shows, the tiny music district south of Busch Stadium continues to evolve, with newer club owners hoping to expand it.

According to the U.S. Census, there are over 17,000 Indians in St. Louis and St. Louis County. Many of them arrived to pursue a higher education or take a new job. People from India say St. Louis reminds them of home and makes them want to stay.

“The sectors of the economy where people are borrowing money, those are the sectors that have seen the most immediate effects of these interest rate increases,” said a local economist.

The University of Missouri’s Food and Agricultural Policy Research Institute is projecting a trip to the grocery store will cost 5% more in 2022 compared to last year.

Restaurants and businesses in St. Louis and St. Louis County are now allowed to operate without curfews and host customers at full capacity as long as people continue to social distance and wear face masks inside.

With new cases of COVID-19 in the St. Louis area moderately declining in recent weeks, St. Louis County officials have opted to ease restrictions on restaurants and bars.