When futures trading firm MF Global went bankrupt at the end of October, regulators discovered $1.6 billion in customer funds missing, much of it belonging to Midwest farmers and ranchers. But MF Global clients aren’t the only ones hurting in farm country.
You have probably heard the statistic: Missouri has the lowest cigarette tax in the nation – just 17 cents a pack, compared to the national average of $1.46. In this week's Health & Wealth update, public health advocates want to raise Missouri's tobacco tax to deter people from smoking, and to help offset the costs that tobacco incurs.
The Missouri Senate took the next step Tuesday toward beginning final negotiations with the House on next year’s state budget. Senate members struggled with whether to bind themselves to various positions they support.