The Week Ahead: KC Fed symposium, new home sales, UM System back to school

Here’s a look at some of the stories Missouri Business Alert is tracking this week:

Monday

Classes begin for the University of Missouri System. The system begins the new year still searching for a permanent leader following the resignation of president Tim Wolfe amid racial unrest last November. Mike Middleton continues to lead the four-campus system on an interim basis.

Tuesday

The U.S. Census Bureau will release new home sales figures for July. Forecasters project the number to dip to 580,000 for the month following a strong 592,000 in June, Bloomberg reports.

The Missouri Chamber of Commerce and Industry will host a conference call to address questions about new federal overtime rules announced this year by the Obama administration. The 10 a.m. call complements a webinar that costs $25 for Chamber members and $50 for non-members.

Companies set to report financial results include Best Buy, Intuit and J M Smucker Co.

Wednesday

The Small Business Administration and AARP will host a speed-mentoring event for “encore entrepreneurs” in Columbia. The event aims to provide individuals over the age of 50 with information and skills to start or grow businesses.

UPS, Dentons and the World Trade Center of Kansas City are scheduled to host the first Midwest X-Port Challenge, a pitch event at which businesses will vie for a grand-prize package of products and services valued at $25,000 to help with global expansion.

Thursday

The Federal Reserve Bank of Kansas City will host its annual economic policy symposium in Jackson Hole, Wyo. Central bankers, policymakers, economists and more will gather for the event, focused on the theme “Designing Resilient Monetary Policy Frameworks for the Future.”

The Kansas City Fed also will release its monthly manufacturing survey, providing information on current manufacturing activity in the Tenth Federal Reserve District.

The Metropolitan St. Louis Taxicab Commission will hold its monthly meeting in the wake of yet another public spat between St. Louis cab operators and app-based ride-hailing services. In the latest, several cab companies called for Lambert-St. Louis International airport to crack down on UberX drivers, who have been operating in violation of local vehicle-for-hire laws.

The Missouri Department of Natural Resources will hold a public hearing about the St. Louis area’s efforts to comply with stricter air-quality standards set last year by the Environmental Protection Agency. The region has been working to lower ozone levels since the EPA released a standard in 2008, but the organization released stricter standards last year, St. Louis Public Radio reports.

Companies set to report financial results include retailers Dollar General, Dollar Tree and GameStop.

Friday

Oilfield service company Baker Hughes will release its weekly rig count as a bull market emerges for oil. U.S. producers have put 76 oil rigs back to work in the last eight weeks, marking the largest and longest increases since before oil prices plummeted in mid-2014, Bloomberg reports.

Federal Reserve Bank Chair Janet Yellen is scheduled to speak at the Kansas City Fed symposium in Jackson Hole.

Saturday

The St. Louis Regional Chamber will host its first Show U St. Louis festival. The event, which features a variety of prominent corporate backers, will include exhibitors, music and entertainment, and it aims to introduce college students to the St. Louis region.


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