Bigger may not always be better when it comes to the size of a business park and its impact on the market. But the demand for large spaces is helping to fuel the steady recovery of the local commercial real estate scene.
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NEW YORK — The Nasdaq on Monday closed above 5,000 for the first time since the year 2000 dot-com bubble as tech stocks were boosted by deals, while the S&P 500 and Dow indexes hit records after economic data pointed to a slowly accelerating economy.
Pope Francis launched a fresh attack on economic injustice on Saturday, condemning the “throw-away culture” of globalization and calling for new ways of thinking about poverty, welfare, employment and society.
Nevada businesses sold $4.87 billion in tangible goods in the last month of 2014. That was a 10.2 percent increase from sales in December 2013, the state Department of Taxation reported Wednesday.
There is no debate that Station Casinos had a strong finish to 2014, giving analysts hope that recovery in the Las Vegas locals gaming market is underway. Now, the investment community may want a piece of the action.
Nevada’s employer count hit a new high in the fourth quarter. The state had 61,200 employers in the period from October through December, the state Department of Employment, Training and Rehabilitation reported Monday.
For a decade, north Strip casino operators anticipated a redevelopment of the area that would include new megaresorts and entertainment complexes rivaling projects underway on the boulevard’s southern end.
New Media Investment Group Inc. announced Thursday that it has reached an agreement to purchase substantially all of the assets of Stephens Media, LLC for $102.5 million.
United Airlines will outsource about 1,150 positions at Reno and 15 other airports across the country, but reached tentative agreements with its union to keep another 800 jobs in-house that also had been under scrutiny, a company spokesman said Friday.
The Nevada Department of Employment, Training and Rehabilitation reported Friday that the average weekly statewide wage in the third quarter was up from 2013.
The downtown-headquartered retailer projects an operating profit of $97 million this year — 77.9 percent jump from the $54.5 million in profits in 2014.
What do you do when sales haven’t budged in two years? You sell harder.
WASHINGTON — The U.S. economy is set to record its best performance in a decade this year as a rapidly strengthening labor market buoys domestic demand, giving the Federal Reserve the confidence to start tightening monetary policy, according to a Reuters poll of economists released Wednesday.
Federal Reserve officials are debating a historic shift in one of the core economic gauges that could lead the central bank to move even slower than now thought once it lifts its rates from rock bottom levels.
LOS ANGELES — U.S. West Coast port operations resumed in full on Monday after shipping companies suspended loading and unloading of freighters for the weekend, citing chronic cargo backups the shippers and dockworkers have blamed on each other during months of labor tensions.
SINGAPORE — A barrage of damaging cyberattacks is shaking up the security industry, with some businesses and organizations no longer assuming they can keep hackers at bay, and instead turning to waging a guerrilla war from within their networks.
Nevada households earned poor marks in everything from subprime credit scores to financial assets in a nationwide study released Thursday.
Tumbling gasoline prices have proven to be a boom to Las Vegas auto dealers and helped prompt consumers to purchase SUVs and pickup trucks that have lower fuel mileage.
Over the next three years, 10 Southern Nevada projects will have $12 billion in capital expenses and spur economic development throughout the valley.
Economic development is in great shape in Nevada, but two leaders in the field say the state needs to continue to work to get a bigger slice of it to provide high-paying jobs and a diversified economy.
A Tuesday report from a national real estate research firm ranked Las Vegas No. 1 for its share of boomerang buyers — home buyers who experienced foreclosure or short sale in the downturn but are set to purchase again.
The Silver State’s jobless rate dipped to a six-year low, and the state added nearly 40,000 jobs in 2014. Employers statewide have created 99,000 new positions since 2010, the state’s employment department reported Tuesday.
With Nevada’s economy rebounding and unemployment numbers greatly improved, state officials are looking beyond just job creation to laying the groundwork for a whole new economy based on high-tech.
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