Stock Market’s 11-Year Bull Market, Ends on Coronavirus Upheaval.
The Dow Jones closed on
Wednesday on a near six percent decline.
Since the peak on
Wall Street a few weeks ago,
the Dow is down 20 percent.
Fears of a global recession intensified
as the World Health Organization
declared COVID-19 a pandemic
on Wednesday.
Before the outbreak intensified
just weeks ago, few economists
considered a recession remotely plausible.
Analysts were quick to
point to lawmakers and
the Trump administration.
If the Trump administration and Congress can’t get it together quickly and put together a sizable and responsible package, then a recession seems like a real possibility here, Mark Zandi, Moody’s, ‘The New York Times’.
The virus is beatable, but the measures that are required to beat it are economy killers, Ian Shepherdson, ‘The New York Times’.
While most agree that slowing
the rapid spread of COVID-19 is
the definite first priority.
economists say that
targeted industry stimulus
might prevent layoffs.
Cash payments might allow
hourly wager earners to keep spending
even if their hours are cut.
According to economists,
theses strategies could help
stave off a recession
More than 60 high school athletes from across Southern Nevada signed with colleges Wednesday on the first national signing day for the class of 2026.
The House passed a bill Wednesday to end the nation’s longest government shutdown, sending the measure to President Donald Trump for his signature after a historic 43-day funding lapse.
Nevada lawmakers return for a special session Thursday to address unfinished bills and urgent issues in Carson City, including a controversial film tax credit program.
The White House hasn’t said how much each donor is giving, and almost none was willing to divulge that. Very few commented on their contributions when contacted by The Associated Press.
Dispatchers received a call at 1:50 p.m. from an unidentified victim who said “multiple suspects armed with a firearm” had taken their vehicle, Metro said in an email.
Uncertainty exists about the nation’s economy, which is keeping tourists and their discretionary spending on the sidelines, the LVCVA’s top executive says.
The Golden Knights are in a scoring rut with captain Mark Stone and center William Karlsson injured and need more production from their depth players.
Las Vegas’ tourism arm approved spending over $7 million to go toward hosting WrestleMania next year and buying tickets to this year’s Formula One Las Vegas Grand Prix.
Raiders players were sad to see special teams coordinator Tom McMahon fired Friday, but they believe their interim coordinator could help turn things around.
The Athletics helped kick off the launch of the Giving Machine vending machines for the holiday season by buying one of each item in the charitable vending machine.
Solidcore, a viral workout, is opening its first location in Nevada.
The study, which used U.S. Bureau of Labor Statistics, found that only two states saw less productivity growth than Nevada from 2007 to 2024.
From the F1 Arcade to pop-up shops to dance parties hosted by driver Carlos Sainz, there are plenty of ways to get close to the Las Vegas Grand Prix.
Gordon Ramsay, José Andrés and David Chang are among the big names on tap for special dining events during Formula One week.
The offerings range across trackside spaces, race weekend clubs, and grandstands and general admission.
With room and gaming taxes waning for Las Vegas Convention and Visitors Authority, all eyes are expected to be on the House and its vote to end the government shutdown.
An F1 show at the Fountains of Bellagio will star Mickey Mouse, Minnie Mouse, Donald Duck, Daisy Duck, Goofy and Pluto.
These films will give you a basic understanding of Formula One’s history as well as some of its biggest names.
In addition, a video poker player at an off-Strip casino hit back-to-back jackpots for a haul of over $100,000.
Disgraced financier Jeffrey Epstein wrote in a 2011 email that Donald Trump had “spent hours” at Epstein’s house with a victim of sex trafficking and said in a separate message years later that Trump “knew about the girls,” according to communications released Wednesday.