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Economy

Trader Joe’s to open new store in Summerlin

Trader Joe’s is opening a new location later this year in the Shops at Summerlin, 2315 Summa Drive. The 11,700-square-foot store will open in the second half of 2014. An average Trader Joe’s is 10,000-15,000 square feet.

Governor touts Nevada’s economic rally

Gov. Brian Sandoval on Thursday touted Nevada’s economic comeback under his leadership, telling a joint chambers of commerce luncheon in Las Vegas that the state is emerging from “its darkest hour.”

Economist: Fed policies leave trillions on sidelines

The Federal Reserve’s use of quantitative easing to stimulate the economy and reduce unemployment hasn’t been as successful as it could have been and has created long-term problems, according to Allan Meltzer, a political economy professor with Carnegie Mellon University.