In The News: Department of Economics

KVVU-TV: Fox 5

The UNLV's Center for Business and Economic research will start their next economics microcredential for Clark County School District teachers on April 15.

Las Vegas Review-Journal En Español

Las Vegas resident Michael McCarthy used to visit casinos about five times a month, but now he only visits once a month for one reason: inflation.

Las Vegas Review Journal

Las Vegas resident Michael McCarthy used to visit casinos about five times a month, but now it’s down to once a month for one reason — inflation.

KVVU-TV: Fox 5

More people and more Californians keep moving to Nevada every year, according to UNLV researchers. The data shows a continued influx of people in 2021 and 2022, despite higher mortgage rates and the start of an economic slump.

KVVU-TV: Fox 5

Even hospitality workers in the Entertainment Capital of the World are at times puzzled by a rise in requests for tip at the register, but restaurant and economic experts explain why the trend continues at small and large businesses alike.

Las Vegas Review-Journal En Español

Las Vegas-based startup Roots Homes wants to help millennials and Generation Z buy a home by offering them more flexibility than the years it takes to save money for a down payment, using a method known as fractional ownership.

Las Vegas Review Journal

Las Vegas-based startup Roots Homes wants to help millennials and Gen Z purchase a home by offering more flexibility than the years it takes to save money toward a down payment — using a method known as fractional homeownership.

Pissed Consumer

For the past few months, the issue of mass layoffs has become increasingly widespread. There are indications that more people will be laid off during 2023. As reported by Layoffs.fyi, which tracks job cuts, last year tech companies collectively laid off 160,997 employees. The highest layoff rate was in January 2023 with about 84,400 employees losing their jobs.

Telemundo Las Vegas

Some residents are now required to pay triple on their end-of-month bill.

Las Vegas Review-Journal En Español

Internet retailer TheDrop.com was founded in San Francisco in 2017, but CEO Matt Falcinelli knew from the start that when the time came to establish the streetwear company's headquarters, it couldn't be in California. The costs were too high to run a business. The company's initial revenue model was based on a percentage per transaction, and Falcinelli said he felt outside the Bay Area.

Las Vegas Review Journal

Online retailer TheDrop.com launched in San Francisco in 2017, but CEO Matt Falcinelli knew all along that when it was time to establish the streetwear company’s headquarters it couldn’t be in California. Costs were just too high to operate a business. The company’s initial revenue model was based on a percentage per transaction, and Falcinelli said it felt priced out of the Bay Area.

CDC Gaming Reports

It took Nevada and the Strip only 11 months in 2022 to break their 2021 records for all-time gaming win, and industry experts remain confident in a strong 2023, despite ongoing concerns of a recession and lingering inflation in the economy.