A nonprofit publication of the Kentucky Center for Public Service Journalism

Report: Most of Kentucky’s home sellers hold steady but buyers discouraged by stock market correction

HousingIQ Survey of Kentucky Realtors finds home sellers take a wait-and-see approach as buyers are growing discouraged by the recent stock market correction. Click to enlarge Nearly two out of three Realtors — 65 percent — said their buyers were significantly discouraged by the recent stock market correction, according to the March 2020 edition of the HousingIQ Survey of Kentucky Realtors.  Of...

Kentucky income tax return filing deadline extended to July 15 in response to COVID-19 pandemic

At Gov. Andy Beshear’s direction, the Kentucky Department of Revenue is extending the 2019 Kentucky income tax filing deadline to July 15, 2020. The move tracks with income tax relief provisions issued March 20 by the federal Internal Revenue Service in response to disruption caused by the novel coronavirus pandemic. Gov. Andy Beshear “At a time when we are asking families and businesses to make...

February unemployment rate at 4.2 percent in Kentucky, down 0.1 percent from January

Kentucky’s seasonally adjusted preliminary February 2020 unemployment rate was 4.2 percent, according to the Kentucky Center for Statistics (KYSTATS), an agency within the Education and Workforce Development Cabinet (EWDC). The preliminary February 2020 jobless rate was down 0.1 percentage points from January 2020 and unchanged from the 4.2 percent recorded for the state in February 2019. The U.S....

Ashli Watts: State businesses are stepping up in the fight against COVID-19; we will get through this

I don’t think any of us could have imagined what has transpired over the last week. The coronavirus has not only plagued the world as a public health pandemic, but it has very quickly devastated our economy and upended our normal business and daily routines. Our new reality includes shocking statistics like more than 9,000 people filing for unemployment insurance benefits in Kentucky in a single...

Quarles in communication with farm credit system leaders, says they want to help during pandemic

Kentucky Agriculture Commissioner Dr. Ryan Quarles is joining Central Kentucky Ag Credit, River Valley Ag Credit, and Farm Credit Mid-America to assure Kentucky farm families that the state’s farm credit associations are ready to assist farmers during the COVID-19 (coronavirus) pandemic. “Many Kentucky farm families are concerned about their financial situation given the coronavirus pandemic,”...

Lexington Brewing & Distilling is producing hand sanitizer, providing free to organizations in need

The impact of COVID-19 is being felt around the world, including Central Kentucky. As the local community works to combat the spread of coronavirus, hand sanitizer remains in high demand. In an effort to help supplement the shortage, Lexington Brewing & Distilling Co. is using its own alcohol supply to produce hand sanitizer and provide it free of charge. The first batch of 200 bottles will be...

Rep. Andy Barr updated Commerce Lexington on federal actions to help with COVID-19 impact

Earlier this week, U.S. Congressman Andy Barr updated a group of Commerce Lexington small business members on other federal actions to help with COVID-19 pressures on business.  Here is a brief summary of what’s happened so far:  • Cash flow: The Federal Reserve has taken steps to help support companies and banks providing financing for a wide range of economic activity. For companies, that...

Home sales remain at record levels in February; market uncertainty may affect spring sales

Real estate sales tallied the highest February numbers ever recorded in 2020. At 881 transactions, this year saw a 9 percent gain over the 805 home sales in February 2019. For the year, sales are up 14 percent after a record setting January. With 1,733 total residential sales year-to-date, 2020 is off to a great start. Single-family home sales saw an increase in sales of 8 percent, with 819 total...

Keeneland cancels Spring Meet; decision ‘agonizing’ but ‘we all need to take care of each other’

Keeneland officials announced the cancellation of the track’s upcoming Spring Meet, which was scheduled for April 2-24, due to health and safety concerns surrounding the outbreak of COVID-19. The decision was made following a guidance announcement issued by the Center for Disease Control, which warned against holding large events and mass gatherings that include “conferences, festivals, parades,...

Kentucky Downs closing for 14 days — no coronavirus instances, but focus is stopping spread

Kentucky Downs is temporarily closing its facility in the best interest of public health and safety due to the Coronavirus (COVID-19). In a press release, Kentucky Downs said this was not a decision made lightly, but nothing is more important than the health and safety of guests, employees and its communities. At this time, it will remain closed for 14 days. “We are committed in the fight to...

Lexington Center Corporation unveils new corporate logos for Central Bank Center, Rupp Arena

With a landmark naming rights agreement finalized and the first phase of a $300 million expansion project well underway, Lexington Center Corporation unveiled new corporate logos for Central Bank Center and Rupp Arena at Central Bank Center on Thursday. The new designs are a stylized interpretation of the angular peak, which is the primary focal point of the dramatic exterior contour of the new complex....

Keven Moore: What you can do to avoid catching coronavirus; we live in global world, so be careful

Because of the globalization in our world today, the first case of the viral epidemic called the coronavirus has been diagnosed in the state of Kentucky and the Governor has since declared a state of emergency for the state to qualify for federal funding. Personally, I am not any more concerned with the virus than I am the flu, while others will tell you it is worse and that this can grow into a full-fledged...

Keeneland catalogues 70 for April Two-Year-Olds in Training and Horses of Racing Age sale set for April 7

Keeneland has cataloged 70 juveniles for its 2020 April Two-Year-Olds in Training and Horses of Racing Ages Sale, to be held Tuesday, April 7. The Two-Year-Olds in Training Sale catalog is available online at Keeneland.com. Print catalogs will be mailed Friday, March 13. For horses of racing age cataloged to the April Sale, a digital catalog – featuring Daily Racing Form past performances and Thoro-Graph...

Coronavirus concerns lead to change in format for Alltech’s annual Ideas Conference set for May 17-19

Alltech has been closely monitoring the COVID-19 outbreak, with particular consideration for ONE: The Alltech Ideas Conference (ONE). The annual event was scheduled for May 17–19 in Lexington, and typically assembles more than 3,500 attendees from 70 countries and from around the Bluegrass State. In light of rising health concerns related to coronavirus, Alltech will present ONE 2020 session topics...

Kentucky’s 2019 annual unemployment rate holds steady at 4.3 percent, according to KYSTATS report

Kentucky’s annual unemployment rate was 4.3 percent in 2019 unchanged from 4.3 percent in 2018, while nonfarm employment gained 8,600 jobs, according to the Kentucky Center for Statistics (KYSTATS), an agency of the Kentucky Education and Workforce Development Cabinet. The U.S. annual unemployment rate dropped to 3.7 percent in 2019 from 3.9 percent in 2018. The U.S. Bureau of Labor Statistics’...

NPR’s Robert Siegel to visit Murray State’s WKMS to kick off station’s 50th anniversary celebration

WKMS kicks off its 50th-anniversary celebrations by hosting an evening with National Public Radio’s (NPR) Robert Siegel at Wrather Auditorium on Thursday, March 12 at 7 p.m., as a free event thanks to Murray State University’s Town & Gown. Siegel recently retired after more than 40 years at NPR as a reporter, News Director and host of All Things Considered, heard on WKMS Monday through...

Alaska Airlines announces new service to CVG, scheduled to begin August 18 to Seattle-Tacoma

Alaska Airlines celebrates its continuing growth with the announcement of new service to a brand-new destination for the airline: Cincinnati. Daily nonstop service between Seattle-Tacoma International Airport and Cincinnati/Northern Kentucky International Airport (CVG) is scheduled to begin on Aug. 18. Cincinnati becomes the 93rd nonstop destination served from Alaska’s hub in Seattle. The route...

Downtown Lexington’s annual meeting and awards of excellence to be held March 25; purchase tickets here

Downtown Lexington Partnership will present its Annual Meeting & Awards of Excellence Luncheon Presented by Republic Bank to recognize the accomplishments that have transformed Lexington’s downtown by making it stronger, more vibrant and prosperous. Each year, this event recognizes six outstanding businesses and/or individuals that have made a lasting and positive impact on downtown. The...

Keven Moore: How to prepare your family and your business for the novel Coronavirus; stay ready

Unless you have been living under a rock these last few days, then you probably have been hearing and reading the news about the recent Coronavirus. The Centers for Disease Control and Prevention recently warned that it expects the novel coronavirus that has sparked outbreaks around the world to begin spreading at a community level in the United States, as a top official said that disruptions to daily...

BBB Trends: The ten riskiest scams of 2019 — cryptocurrency near top of the list for the first time

Two years ago, cryptocurrency scams were just emerging as a problem on BBB Scam Tracker, mostly a subset of investment scams. The Better Business Bureau added cryptocurrency as a scam category in 2019 and it leapt to the second riskiest scam, according to the latest BBB report, New Risks and Emerging Technologies: 2019 BBB Scam Tracker Risk Report. Although employment scams remained the riskiest for...