Amid a renewed push to ban smoking in Atlantic City’s casinos, a new report predicts that doing so could cost up to 2,500 casino jobs and nearly 11% of casinos’ revenue as they struggle to rebound from the coronavirus pandemic.
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“The relief rally has quickly reversed course,” said Jeffrey Halley of Oanda in a report. “Equities are tanking in Asia.”
A proposal sought by Democratic U.S. senators — including Nevada’s Catherine Cortez Masto and Jacky Rosen — to reduce federal gas taxes won’t bring relief for Nevada residents.
In the 50 largest U.S. metro areas, median rent rose 19.3% from December 2020 to December 2021, according to a Realtor.com analysis of properties with two or fewer bedrooms.
Applications for U.S. unemployment benefits rose last week but remain near historically low levels, reflecting relatively few layoffs across the economy.
The strong hiring gain, which was unexpected, demonstrates the eagerness of many employers to hire even as the pandemic maintains its grip on the economy.