Economy

Majority of Nevadans eligible for student loan relief will qualify for $20K, estimates White House

BY: - September 20, 2022

More than two-thirds of Nevadans eligible for student debt relief are Pell Grant recipients, according to estimates released by The White House. President Joe Biden, who had faced calls by Democratic lawmakers and policy groups to address the student debt crisis, announced late August he will cancel up to $20,000 in federal student debt for […]

little boxes

Expert urges officials ‘do the math’ on development

BY: - June 3, 2022

Infill. It’s a dirty word among Southern Nevada developers who have raced for decades to sate demand for housing by building master-planned communities along the perimeter of the valley, even as parcels in the core stand vacant for decades. “I’ve been here my entire life and every time that we build, we always think about […]

International travel to Las Vegas still far below pre-pandemic levels, warn officials

BY: - May 25, 2022

Visitation rates in Las Vegas have stalled as fewer international travelers arrived at Harry Reid International Airport in April compared to pre-pandemic levels. In April, 4.25 million travelers passed through Reid’s gates, a slight dip from March’s 4.27 million passenger count, according to data by the Clark County Department of Aviation. Passenger volume for international […]

Gaming chair wants more intel on Barry Diller 

BY: - March 17, 2022

Nevada Gaming Commission chairwoman Jennifer Togliatti sent billionaire Barry Diller’s application for a gaming license back to the Gaming Control Board “for further fact finding and investigation” Thursday, two weeks after the GCB recommended approval of Diller and his company, IAC, to hold close to 14%, the most of any shareholder, of MGM Resorts International […]

Manchin sides with Republicans against Fed Board nominee

BY: - March 15, 2022

U.S. Sen. Joe Manchin III will not support one of President Joe Biden’s picks to sit on the Federal Reserve Board, Sarah Bloom Raskin of Maryland, Manchin said Monday. The announcement casts serious doubt on the chances of Senate confirmation for Raskin, who was a Fed governor from 2010 to 2014 and deputy Treasury secretary […]

COMMENTARY

War and sanctions on top of COVID-19 mean more trouble ahead for global supply chains

BY: - March 14, 2022

Francis Fukuyama, the American political scientist who once described the collapse of the Soviet Union as the “end of history,” suggested that Russia’s invasion of Ukraine might be called “the end of the end of history.” He meant that Vladimir Putin’s aggression signals a rollback of the ideals of a free Europe that emerged after […]