In The News: Lee Business School
In just three years, local business owner Alexandra Lourdes has grown her TikTok following from zero to 1.9 million. The co-founder of Café Lola and Saint Honoré Doughnuts & Beignets uses the social media platform to give a “behind the scenes look” at what it’s like to be the owner of a restaurant and a working mom. The app has allowed her to reach more people and helped grow her business.
UNLV’s Lee Business School will induct Caesars Entertainment board member Jan Jones Blackhurst, MGM Resorts International CEO Bill Hornbuckle and Vegas Golden Knights owner Bill Foley into the Nevada Business Hall of Fame on Thursday at the Four Seasons Hotel.
Andrew Woods is a problem solver with a proven track record in economic development and policy. Out of college and living in Washington, D.C., he started his career working in politics with the goal of bringing change to underserved communities. He eventually ended up in Carson City working for the Nevada State Treasurer, where he was involved in several interest projects, ballot initiatives and was able to start his own company to help elect candidates to public office.
The pandemic hit Nevada hard, but it eventually eased and the state came back to life economically, just not as fast as the rest of the country. Though our unemployment rate is one of the highest in the country, it’s still around 5%, which economists have long said amounts to full employment. What’s hurting is inflation combined with a very low rate of wage growth.
Tope is one of the thousands of job seekers who exemplify Nevada’s changing labor force and how it reflects U.S. officials’ larger goals to tamp out inflation without causing a recession. Economists and decision-makers at the Federal Reserve are watching the labor market for clues.
Nevada Democrats and Republicans are playing a game of tug of war when it comes to the housing crisis, arguing who is to blame for the high costs of housing — and whose ideas would fix the problem.
Confusion, chaos and misinformation are spreading like wildfire throughout the real estate world as the industry grapples with the potential fallout of a settlement concerning the National Association of Realtors and agent commissions.
In Part I of this article, I showed how economic growth has slowly declined in all major industrialized economies. I did my review based on 20 countries from around the world, including Australia and Japan, but the GDP growth problem is most pervasive in Europe.
Buying a home could get more expensive after the National Association of Realtors changed several long-standing policies after a massive settlement was reached. According to the Associated Press, the NAR agreed to pay $418 million to sellers following several lawsuits that were raised. The trade group demolished an old-standing policy of the seller paying the commission of both brokers in a real estate transaction. It's usually 5 to 6 percent.
When President Biden flies into Nevada on Monday and to Arizona the following day, he’s likely to compliment the West’s natural beauty, pay homage to the unmatched political power of the Culinary Workers Union and nod to local Democratic elected officials.
When President Biden flies into Nevada on Monday and to Arizona the following day, he’s likely to compliment the West’s natural beauty, pay homage to the unmatched political power of the Culinary Workers Union and nod to local Democratic elected officials. Another truth about his visit to the two Southwestern states may remain unspoken: Though together they are home to only about 3% of the U.S. population, Arizona and Nevada are expected to have an outsize influence on the outcome of the 2024 presidential race.
During this year’s Super Bowl in Las Vegas, fans were stunned to see hotel rates skyrocket, with budget properties charging ultra-luxury prices. The following month, I received my own surprise: A night at some of the same lodgings on the Strip cost less than a stadium beer and pretzel.
