Subscribe to our email newsletter and follow us on social media. The U.S. Department of Energy (DOE) has committed to lend Ioneer Ltd. up to $700 million to mine lithium and boron from the Rhyolite Ridge project in Esmeralda County, Nevada. The proposed loan is to be made under the DOE Loan Programs Office’s Advanced […]
Nevada Adds Jobs in November; Unemployment Rate Increases
Subscribe to our email newsletter and follow us on social media. CARSON CITY – According to the Nevada Department of Employment, Training and Rehabilitation’s (DETR) November 2022 economic report, Nevada gained 5,300 jobs over the month. Employment increased by 57,200 since November 2021, an annual increase of 4.0%. The total employment level in the state […]
PNC Chief Economist Gus Faucher: Upward Revisions to GDP and Gross Domestic Income in Third Quarter, But Recession Is Coming Next Year
Subscribe to our email newsletter and follow us on social media. This commentary is written by PNC Chief Economist Gus Faucher. Real GDP and real gross domestic income were both revised higher in the third quarter, to 3.2% and 0.8%, respectively. Growth has slowed in 2022 from 2021 but remains solid. But higher interest rates […]
Fontainebleau Las Vegas Secures $2.2 Billion In Financing To Complete Construction
Fontainebleau Development and its investment partner Koch Real Estate Investments have secured a $2.2 billion construction loan to complete Fontainebleau Las Vegas, a 67-story gaming hotel located on the north end of the Las Vegas Strip. J.P. Morgan was the administrative agent of securing the loan. The property is scheduled to open in the fourth […]
Hyatt Acquires Dream Hotel Group for $300 Million
Subscribe to our email newsletter and follow us on social media. Hyatt Hotels Corporation announced it has entered into an agreement to acquire Dream Hotel Group for up to $300 million. This asset-light acquisition will include a portfolio of 12 managed or franchised lifestyle hotels, with another 24 signed long-term management agreements for hotels expected […]
First Black Mayor in Nevada, City of North Las Vegas Mayor Goynes-Brown Makes History
Subscribe to our email newsletter and follow us on social media. NORTH LAS VEGAS – The City of North Las Vegas’ new Mayor, Pamela Goynes-Brown officially takes office today, becoming the first black Mayor in Nevada history. Goynes-Brown, a longtime educator turned public servant, previously served as Councilwoman of North Las Vegas’ Ward 2 and […]
Jobs for Nevada’s Graduates Announces The Addition of Three New Board Members
Subscribe to our email newsletter and follow us on social media. LAS VEGAS — Jobs for Nevada’s Graduates (J4NG), a Nevada statewide education-based nonprofit recently announced three new board members: Dr. Seng-Dao Yang Keo, Marina McHatton and Alex Farley. J4NG is governed by a statewide Board of Directors with the majority selected from private business […]
Nevada Adds Jobs in October; Unemployment Rate Increases
Subscribe to our email newsletter and follow us on social media. According to the Nevada Department of Employment, Training and Rehabilitation’s (DETR) October 2022 economic report, Nevada added 7,500 jobs over the month, the third-largest monthly increase over the past year. Employment remains 22,200 jobs higher than before the pandemic and is up 55,500 jobs […]
Q&A: Angela Phillips, Executive Director for Habitat for Humanity Las Vegas, on Creating Affordable Homeownership
Subscribe to our email newsletter and follow us on social media. Angela Phillips has over 23 years of experience in the non-profit and government sectors focused on developing and overseeing social service programming, providing financial oversight, and administering private and government grant funding. She was recently appointed to Executive Director for Habitat for Humanity Las […]
Clark County School District Receives $9.8 Million for 25 Electric School Buses
Yesterday, the Environmental Protection Agency announced Nevada will be receiving a $9,875,000 award from the Clean School Bus Rebates. The funding will go toward 25 electric school buses for the Clark County School District. The 2022 Clean School Bus Rebates prioritize low-income, rural, and Tribal communities. This program was established by the Infrastructure Investment and […]
Nevada Approves $48 Million to Support Seniors and Individuals with Disabilities
Subscribe to our email newsletter and follow us on social media. On October 20th, the Nevada Legislative Interim finance Committee approved more than $48 million in American Rescue Plan Act (ARPA) funding for initiatives aimed to increase access to services and resources, and provide support for caregivers to help keep individuals in their homes and […]
Last Building Comes Down in Largest Redevelopment Effort in the City of North Las Vegas’ History
The City of North Las Vegas, in partnership with Agora Realty & Management, have begun demolition on the last building in a 29-acre parcel to make way for NLV Village, a new mixed-use master-planned commercial district in Downtown North Las Vegas along the Lake Mead / Las Vegas Boulevard corridor. Courtesy of City of North […]
Nevada Announces The First Funding Awards for $500 Million Affordable Housing Initiative
Subscribe to our email newsletter and follow us on social media. Last week, the Nevada Housing Division announced an initial set of funding awards for the $500 million Home Means Nevada initiative funded by American Rescue Plan dollars. The first round of funding total $155.7 million, representing about one-third of the initiative. Since the […]
Q&A: Tyre Gray, Esq., President of the Nevada Mining Association, on the Future of Mining in Nevada
Subscribe to our email newsletter and follow us on social media. Tyre Gray, Esq. is the President of the Nevada Mining Association, an association that represents one of the key industries in Nevada. More than 12,000 people are directly employed by the Nevada mining industry. In this interview, Tyre talked about modern mining in Nevada, […]