This article is written by PNC Chief Economist Gus Faucher. Real GDP growth in the second quarter was revised lower, to 2.1% annualized, from 2.4% in the previous estimate. Corporate profits fell for a third straight quarter, although the decline was more modest. Real gross domestic income growth in the second quarter was weaker than […]
Business
Las Vegas High-Speed Rail Project Receives Additional $2.5 Billion Federal Funding
The U.S. Department of Transportation announced $2.5 billion in private activity bonds for Brightline West’s high-speed rail project, connecting Las Vegas and Southern California. In December, U.S. Senators Jacky Rosen (D-NV) and Catherine Cortez Masto (D-NV) announced $3 billion in federal grant funding from the Bipartisan Infrastructure Law. Brightline West estimates the project will […]
Clark County Approves $120 Million for Affordable Housing Projects
Subscribe to our email newsletter and follow us on social media. Yesterday, the Clark County Board of Commissioners approved $119,999,500 community housing fund for the development and rehabilitation of affordable rental housing projects, totaling 3,106 units. The “Welcome Home Community Housing Fund” was created in April 2022 for housing related programs including construction of multifamily […]
Colliers Las Vegas Releases Q4 Market Research Report
Subscribe to our email newsletter The Weekly Commercial real estate in Southern Nevada has made a significant recovery in Q4 2021, dramatically improving from 2020’s lockdown-induced recession. Evidence suggests the pendulum has swung following investors and developers showing continuous interest in the local real estate market. Although Southern Nevada’s economy has largely recovered, there is […]
Henderson Chamber Hosted Its 2022 State of the Chamber Luncheon
Subscribe to our email newsletter and follow us on social media. The Henderson Chamber of Commerce (HCC) hosted its 2022 State of the Chamber luncheon on August 26th at M Resort. The event brought the business community together, reflected the accomplishments and challenges of the past year, and addressed the vision and opportunities of the […]
Cortez Masto Celebrates the Year Of The Dragon in Las Vegas
Las Vegas, NV – This weekend, U.S. Senator Catherine Cortez Masto (D-NV) Nevada community members at the Year of the Dragon Celebration hosted by the Asian American & Pacific Islander (AAPI) Chamber of Commerce of Southern Nevada. At the event, Cortez Masto recognized the George Lin, the owner of Chinatown Plaza, and Vida Lin, President & […]
TEDx Climate Action Event Address Critical Climate Issues
Subscribe to our email newsletter and follow us on social media. TEDxFremontEastDistrict held an all-day climate event on October 22nd in Downtown Las Vegas along with a diverse set of speakers, workshops and activities focusing on sustainable fashion, mending clothes, composting, and writing climate-related poetry. The event also featured voter registration on-site and a mock […]
Opinion – Vegas Business Digest
The Weekly / APRIL 5 2022
APRIL 5 2022 / ISSUE NO. 18 / ARCHIVE Please share this newsletter to help us grow this local media publication. You can subscribe here and follow us on social media. Thank you so much! This Week’s Top Stories 🏎️ F1 Confirmed Las Vegas Grand Prix Night Race From 2023 Formula 1 announced to host […]
EmployNV to Host Two Hiring Events
Las Vegas, NV – EmployNV Business Hub invites jobseekers to multiple hiring events happening next week across the Las Vegas Valley. Preregistration is encouraged, and walk-ins are welcome. Job seekers should go online to register with EmployNV.gov and click on “Find a Job”. Once registered and logged in, search for the corresponding job numbers. Tuesday, […]
Nevada State Bank Promotes Megan Comfort to Executive Management Committee
Subscribe to our email newsletter and follow us on social media. LAS VEGAS, NV – Nevada State Bank recently promoted SVP and Small Business Manager Megan Comfort to the Executive Management Committee, the group that oversees the bank’s management decisions. The committee, led by NSB President and CEO Terry Shirey, includes EVP/Chief Financial Officer Ryan […]
Sneak Peek at Fontainebleau Las Vegas Retail Space
Subscribe to our email newsletter and follow us on social media. Fontainebleau Las Vegas has revealed the first details of its shopping district that will span 90,000 square feet and feature approximately 35 luxury retail concepts across two levels. The 67-story hotel consists of gaming, entertainment, and meeting space. Designer Peter Arnell is leading the […]
The Weekly / JULY 19 2022
JULY 19 2022 / ISSUE NO. 33 / ARCHIVE Please share this newsletter. Feel free to subscribe here and follow us on social media. This Week’s Top Stories BREAKING: NBA G League Moves to Henderson, Nevada Photo by Vegas Business Digest With three top 10 NBA Draft picks in the last two seasons – the […]
The Weekly / MAY 10 2022
MAY 10 2022 / ISSUE NO. 23 / ARCHIVE Please share this newsletter to help us grow this local media publication. You can subscribe here and follow us on social media. Thank you so much! This Week’s Top Stories 🏎️ F1 Buys 39 Acres Land East of Las Vegas Strip for $240 Million Liberty Media, […]
