While a roller-coaster on Wall Street this week has left investors exhausted, potential borrowers may benefit, at least in the short term, from the tumultuous trading in securities markets.
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The Las Vegas Valley's jobless rate held steady at 7 percent from June to July.
Wall Street posted its sharpest rally of the year on Tuesday, as investors snapped up beaten-down stocks a day after the market's worst performance in four years on fears about China's economy.
U.S. stock indexes plunged almost 4 percent on Monday as investors, rattled about China's economy, sold heavily in an unusually volatile session that confirmed the S&P 500 was formally in a correction.
Nevada was awarded a $300,000 federal grant to help fund ongoing initiatives with China and Poland, the Governor's Office of Economic Development announced Monday.
Nevada set a third straight quarterly record for its number of employers. The state had 62,500 employers in its unemployment insurance system in the second quarter, the state Department of Employment, Training and Rehabilitation reported Thursday.
It's hard to say what's most remarkable about the Wednesday sale of a high-end home in Summerlin's The Ridges neighborhood. Maybe it's the sale price — at $11 million, the highest in the local market since 2011. Perhaps it's the marquee names involved in the deal.
A small drop in unemployment across Nevada masked big gains in jobs in July.
The U.S. federal government is bringing in more money in taxes than ever before. Over $2.67 trillion has come in so far this fiscal year, according to the latest Treasury Department report. That's a record — in dollar terms — for the first 10 months of the year (the government's fiscal year ends in September). Expect 2015 to finish at an all-time high.
A Las Vegas-based computer software maintenance company has expanded its headquarters in the Hughes Center by adding 11,000 square feet of office space for 60 more lawyers, finance workers, payroll employees and assistants.
Driven by an improving U.S. job market, sales of morning standards such as coffee, pancakes and doughnuts are feeding U.S. restaurant traffic growth, outpacing lunch and dinner items.
Nevada posted the second-biggest drop in homes with mortgages worth more than value in the second quarter, but the decline couldn't keep the state out of the top spot for such underwater homes.
Sales of tangible goods sold by Nevada businesses rose 2.1 percent year over year in the month, to $4.34 billion, the state Taxation Department said Wednesday.
They only made it look easy. When DK Las Vegas closed on its sale of 14 units in The Ogden between mid-June and mid-July, it might have seemed like, "Build it and they will come."
CHICAGO/SAN FRANCISCO - Macy's Inc. is expanding same-day delivery to several new U.S. markets this summer, one of the most aggressive pushes by a brick-and-mortar retailer in an area dominated by e-commerce giant Amazon, according to a Macy's official.
Unemployment in Las Vegas rose in June despite job growth. Local joblessness came in at 7 percent in the month, up from 6.6 percent in May but down from 8 percent in June 2014, the state Department of Employment, Training and Rehabilitation reported Tuesday.
You plunked down cash for a Las Vegas home in 2009 and invested in stocks in 2012. Boy, did you mess up.
The easy gains are behind Las Vegas.
Real estate observers said they’re watching how strict construction-defect rules that took effect in February will shape the market for condominiums and townhomes.
President Barack Obama said on Tuesday the financial crisis in Greece should not create a major shock for the U.S. economy, but warned that its fallout could dampen global growth and encouraged both sides to reach a deal.
As record-high U.S. egg prices caused by a recent avian flu outbreak have swept the nation, Las Vegas Valley businesses are trying not to, well, crack as price increase affect commercial bakeries, retail customers and restaurants.
Molycorp Inc. failed to get approval from a U.S. Bankruptcy judge on Friday to borrow about $44 million at the rare-earth producer’s first bankruptcy hearing.
Taxable sales in Nevada rose in April, driven by big gains in sales by bars and restaurants, car dealers and building-material suppliers. Sales of tangible goods increased 5.5 percent year-over-year in April, to $4.12 billion, the state Department of Taxation reported Friday. Sales in Clark County were up 6.8 percent, to $3.11 billion.
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