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News
Fed Chair Warsh signals rate hikes may be needed with US inflation stubbornly elevated
1+ hour, 14+ min ago (1297+ words) Comments from the new Fed chair appeared to reassure Wall Street that fighting inflation remains the priority for the central bank. JACKSON HOLE, Wyoming — Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the…...
COMMENTARY: Dynamic pricing is a consumer’s best friend
3+ week, 2+ day ago (549+ words) Americans do not need protection from the basic economic forces that help the market to function. Price changes naturally occur in a competitive, free-market economy, as in the United States. Prices are the mechanism for allocating scarce resources, and they…...
Fed votes 9-3 to leave key rate unchanged despite persistently high inflation
4+ week, 1+ day ago (853+ words) The Iran war has generated uncertainty over the economic outlook and has driven energy prices higher, intensifying inflationary pressure and creating a quandary for Fed policymakers. WASHINGTON — The Federal Reserve left its key interest rate unchanged Wednesday despite persistently high…...
COMMENTARY: Boosting growth
1+ mon, 2+ day ago (457+ words) A better alternative to film tax credits for a strong, diverse Nevada economy Despite having failed three times in as many legislative sessions, it’s almost certain Nevada lawmakers will once again consider doling out billions of dollars to Hollywood studios…...
Nevada’s housing vacancy rate dips slightly as vacant homes remain steady
1+ mon, 6+ day ago (608+ words) Nearly 124,000 Nevada homes sit vacant — but that doesn’t mean buyers have more options. Nevada had approximately 123,878 vacant housing units as of the end of 2024, according to a new study. This figure, compiled by Lending Tree using U.S. Census Bureau…...
LVRJ Business 7@7 | Nevada imports surge 492% since Great Recession, report finds
1+ mon, 1+ week ago (339+ words) Nevada imports surge 492% since Great Recession, report finds NBA Commissioner Adam Silver said the league remains on track to decide whether to add expansion franchises in Las Vegas and Seattle and the interest he’s seen in Southern Nevada is an…...
How many hours a week do Nevadans normally work?
1+ mon, 3+ week ago (409+ words) A Visual Capitalist breakdown of U.S. Labor Department data shows Nevada ranks 14th in the country for average hours worked. Nevadans work approximately 34.7 hours a week, according to a new report, which ranks the state 14th in the country. The report by Visual…...
Las Vegas jobless rate moves lower, but still among highest in US
1+ mon, 3+ week ago (811+ words) Las Vegas’ jobless rate has moved down this year amid an uptick in employment totals and improved visitor volume in America’s casino capital. But locally, the unemployment rate is still among the highest in the nation for big metro areas....
Nevada imports surge 492% since Great Recession, report finds
1+ mon, 3+ week ago (512+ words) National Association of Realtors data shows that Nevada’s import industries, including distribution and logistics, have grown exponentially since the Great Recession. Nevada’s imports has increased a whopping 492 percent since the Great Recession, according to a new report. A June report…...
Nevada trade growth: imports up 492% since 2008, report finds | Business
1+ mon, 3+ week ago (512+ words) National Association of Realtors data shows that Nevada’s import industries, including distribution and logistics, have grown exponentially since the Great Recession. Nevada’s imports has increased a whopping 492 percent since the Great Recession, according to a new report. A June report…...