In The News: Department of Economics

Bankrate

In 2020, there were 39,829 forest fires across the United States. Combined, they damaged 4 million acres in total. Ninety percent of fires are caused by people. This means that whether they’re caused by power lines, arson, or cigarettes, a majority of what you hear on the news could have been prevented. Of course, this means the remaining 10 percent of wildfires caused by nature are unavoidable.

Casino.org

Las Vegas gaming business is rebounding on weekends, says a casino industry chief. However, Jim Allen, the Hard Rock International Chairperson, says weekdays have remained “soft.”

KLAS-TV: 8 News Now

As convention cancellations continue in Las Vegas over COVID-19 concerns, the economic impact spans across multiple industries, affecting businesses many wouldn’t imagine.

Nevada Business

April was set to be yet another busy month for sales of apartment complexes in Nevada, one of the hottest multifamily markets in the country.

KSNV-TV: News 3

The coronavirus pandemic has been a financial nightmare for many in the Las Vegas valley including hair salon owner Lisa Ortiz.

Forbes

If you’ve headed to a store recently, you may have noticed signs requesting exact change. Some stores are claiming there’s a coin shortage because U.S. Mint closures have affected the coin supply right now and they don’t have enough change on hand for customers.

ZeroHedge

As economists around the world try to make sense of the coronavirus pandemic's growth-destroying capacity, a team at Bankrate.com has devised a simple measure of 'economic hardship' to measure how much the outbreak in the US has harmed each state. BR's index comprises measures of unemployment and mortgage delinquencies (two critical signs of personal financial peril) to judge how the people of every state have fared since the outbreak began.

EurekAlert!

New research provides insight into how housing prices and neighborhood values have become polarized in some urban areas, with the rich getting richer and the poor becoming poorer.

New York Times

For decades, the El Cortez Hotel & Casino in downtown Las Vegas has been known for single-deck blackjack.

New York Times

For decades, the El Cortez Hotel & Casino in downtown Las Vegas has been known for single-deck blackjack.

Bloomberg

Not all of Elon Musk’s projects have been thwarted by the coronavirus pandemic. While the billionaire clashed this week with local officials over restarting production at a Tesla Inc. factory in California, his tunnel-drilling company hit a new milestone in Nevada.

Yahoo!

Not all of Elon Musk’s projects have been thwarted by the coronavirus pandemic. While the billionaire clashed this week with local officials over restarting production at a Tesla Inc. factory in California, his tunnel-drilling company hit a new milestone in Nevada.