News from the South - Missouri News Feed
Making and Saving Money Tips
SUMMARY: With rising costs and a desire to save money, many people are setting financial goals for the year. Simon, a financial representative from Northwestern Mutual, shares tips on how to begin. He suggests first understanding your personal and professional goals, as they influence your financial plans. He also recommends creating a budget by tracking your income and expenses to understand where money is going. Additionally, Simon advises following the 60-20-20 rule: allocate 60% of income to fixed expenses, 20% to discretionary spending, and the other 20% to savings or investments. For more guidance, Simon offers his contact information.
Northwestern Mutual’s Financial Representative Simone Gully joins the morning show to share tips on how to properly budget money.
News from the South - Missouri News Feed
USDA data highlights monopoly risk in rural grocery markets
by Lauren Cross, Missouri Independent
June 19, 2025
If you live in a small town, you probably have fewer grocery stores than you did 30 years ago — and fewer choices inside them.
Independent grocers have disappeared, replaced by big national chains that now decide what’s on the shelves, how much it costs, and who gets to profit.
In 1990, the top four grocery chains controlled just 13% of nationwide sales. By 2019, the top four retailers — Walmart, Kroger, Costco, and Ahold Delhaize — controlled 34% of U.S. grocery sales, according to the USDA.
That concentration hasn’t gone unnoticed. Just last year, the Federal Trade Commission and nine states sued to block a $25 billion merger between grocery giants Kroger and Albertsons, arguing that the deal would harm both shoppers and workers by reducing competition, increasing prices, and consolidating power into fewer hands. The merger has since unraveled, but only after a court battle and mounting public pressure.
In rural counties, market concentration more than doubled between 1990 and 2019, according to USDA data.
One way to measure concentration is the Herfindahl-Hirschman Index (HHI), a tool used to track monopoly risk. In rural areas, HHI scores jumped from 3,104 to 5,584 — more than twice the threshold where federal antitrust regulators start to worry about competition. According to a 2023 USDA report, the USDA considers anything above 2,500 is considered highly concentrated.
Now that trend may speed up. The White House has proposed nearly $7 billion in USDA budget cuts, including $721 million from Rural Development programs — the ones that help small towns open grocery stores and other local businesses. One program on the chopping block is the Rural Business-Cooperative Service. Loan funding for community facilities and rural businesses would also drop by 45%, with no new grant dollars offered.
At the same time, the administration’s “Make America Healthy Again” initiative discusses improving nutrition, but proposes cuts to the very programs that help people buy food, including Women, Infants, and Children (WIC), school meal equipment, and farm-to-school efforts.
The bottom line? Rural communities already hit hardest by grocery consolidation are now facing even more roadblocks.
The post USDA data highlights monopoly risk in rural grocery markets appeared first on missouriindependent.com
Note: The following A.I. based commentary is not part of the original article, reproduced above, but is offered in the hopes that it will promote greater media literacy and critical thinking, by making any potential bias more visible to the reader –Staff Editor.
Political Bias Rating: Center-Left
This article frames rural grocery consolidation as a consequence of corporate concentration and critiques federal budget cuts—particularly under the Trump administration—that could harm small towns. While it draws on USDA data and antitrust benchmarks to support its claims, the tone leans sympathetic to rural communities and skeptical of corporate mergers and deregulation. The inclusion of critiques against proposed USDA budget cuts and emphasis on social programs like WIC further suggest a policy perspective aligned with center-left priorities, such as supporting local economies, opposing monopolistic practices, and maintaining government aid for underserved populations.
News from the South - Missouri News Feed
Detectives warn elderly residents of scams
SUMMARY: A town hall in Ballwin, Missouri, hosted by Councilman Mark Carter, brought together three local police detectives to educate the public—especially seniors—on avoiding scams. The event focused on online, phone, and in-person scams, emphasizing how scammers are becoming more sophisticated, often using AI. Victims shared experiences, including postal service fraud, stressing that all age groups are at risk. Key advice included: never give out personal information, be skeptical of unsolicited requests, and trust your instincts. If something feels wrong, disengage. Police urged victims to contact their banks immediately, reinforcing that awareness is the first line of defense.
A warning tonight from police: scammers are getting more sophisticated and are even using AI trick elderly people into sharing sensitive information.
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News from the South - Missouri News Feed
Scam texts impersonate MoDOT, threaten action over unpaid tickets
SUMMARY: Scam texts impersonating the Missouri Department of Transportation (MoDOT) are circulating, falsely claiming recipients owe traffic fines and face license suspension or prosecution if they don’t pay. These messages started appearing Monday and have triggered thousands of calls to MoDOT. The agency emphasizes it does not send texts to collect payments and is not an enforcement agency. Missouri has no tolls, so any message referencing unpaid tolls or violations is fraudulent. Authorities urge recipients to delete such texts and report them as junk. These scams aim to cause panic and prompt rash actions like clicking malicious links.
In the last 72 hours, another predatory text is making the rounds, counting on victims to panic.
The Missouri Department of Transportation is fielding thousands of calls about it.
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News 5 NOW at 5:30pm | June 13, 2025