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What is a K-shaped economy? Missouri expert explains – Missourinet

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What is a K-shaped economy? Missouri expert explains – Missourinet



You may have heard that the U.S. is in a “K-shaped economy”. What does this mean?

Jerome Katz, a professor in the Chaifetz School of Business at St. Louis University, told KMOX Radio this means the wealth divide continues to grow. He describes it as the most wealthy Americans are riding the escalator up and the rest are riding the escalator down.

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Katz said the rich have gotten richer compared to the gilded age of the Rockefellers and Vanderbilts.

“The top 1% of Americans, in 1900, controlled somewhere between 30% and 40% of the total wealth. These days, the top 1% of Americans control between 35% and 42% of total wealth,” said Katz, KMOX Radio’s business analyst.

He said it’s getting harder for the middle class to gain wealth and poorer Americans are having a more difficult time digging out of debt.

Only 2.5% of the nation’s wealth is held by the bottom 50% of Americans.

By Megan Lynch of KMOX Radio

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American Shaman agrees to suspend kratom sales in Missouri

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American Shaman agrees to suspend kratom sales in Missouri


KANSAS CITY, Mo. (KCTV) – The largest distributor of kratom products in Missouri has agreed to suspend all in-state sales of kratom and its alkaloids, effective immediately.

The Missouri Attorney General’s Office announced on Thursday morning that Shaman Botanicals, LLC (American Shaman) will not sell any kratom product to Missouri consumers in stores or online.

“Kratom alkaloids, especially 7-OH, are dangerous opioids that carry serious health risks,” Missouri AG Catherine Hanaway said. “We stepped in to shut down deceptive tactics that put public health in danger. This resolution protects consumers by taking these products off Missouri shelves.”

The action ends litigation between the Attorney General’s Office, the Department of Health and Senior Services and American Shaman.

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The business also agreed to abandon Missouri-targeted retail advertising, including billboards, within 30 days.

The Attorney General’s Office launched an investigation into the business practices of American Shaman in November 2025

FILE — Missouri Attorney General Catherine Hanaway sued CBD American Shaman over kratom products.(Hannah Falcon/KFVS)

In March, the Attorney General’s Office filed suit against American Shaman and companies connected with it.

Hanaway had alleged American Shaman advertised “free samples” of 7-OH despite its addictive nature, and frequently without disclosing the risk of addiction in its marketing.

“Retailers who use free samples and misleading marketing to hook consumers, especially those struggling with addiction, will face swift enforcement,” Hanaway said.

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Missourians who believe they were harmed by kratom alkaloids are encouraged to contact the Attorney General’s Office at 800-392-8222 or by submitting an online complaint at ago.mo.gov.

Copyright 2026 KCTV. All rights reserved.



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Two airlifted after serious crash in Cole County

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Two airlifted after serious crash in Cole County


Two people were seriously injured in a crash Wednesday morning in Cole County on Route B, south of Spring Ridge Road, near St. Thomas, according to a crash report from the Missouri State Highway Patrol.

Around 11:50 a.m., a 2020 Honda CRV SUV driven by a 67-year-old woman from Meta attempted to turn southbound onto Route B and traveled into the path of 2018 Freightliner Cascadia semitruck driven by a 71-year-old-man, according to the crash report.

The driver of the Honda and the passenger, a 66-year-old-man from Meta, were not wearing seat belts and were airlifted to University Hospital in Columbia, according to the crash report. Both sustained serious injuries, according to the report.

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The driver of the semitruck was not injured, according to the crash report.



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Water Safety Tips from Missouri State Highway Patrol – Ozark Radio News

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Water Safety Tips from Missouri State Highway Patrol – Ozark Radio News


As summer recreation ramps up across Missouri, safety officials are reminding residents that water safety begins long before anyone steps into a lake or river. Understanding the risks of water activities, knowing personal limits, and making responsible choices are the foundation of preventing tragedies on the water.

The Missouri State Highway Patrol and other safety agencies emphasize that natural waterways can present hidden hazards, including strong currents, sudden drop‑offs, and floating debris. Swimmers are urged to stay aware of their surroundings, use life jackets when appropriate, and avoid swimming alone.

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Officials say simple precautions—such as recognizing fatigue, monitoring weather conditions, and watching out for others in your group—can make the difference between a fun day on the water and a dangerous situation. As families head outdoors, authorities encourage everyone to treat water safety as a shared responsibility.

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