In The News: Lee Business School
As revolving credit card debt and high financing costs persist, experts are raising doubts about whether credit can keep bridging the gap between growing, but not momentous, income growth and aspirational spending.
Don Snyder remembers taking strolls through the student union on the UNLV campus during his time as dean of the William F. Harrah College of Hospitality.
Investor purchases are on the rise again, and the Las Vegas Valley has seen one of the biggest upticks in the country, according to Redfin.
Red Lobster has filed for Chapter 11 bankruptcy protection days after shuttering nearly 100 restaurants across America. The seafood chain, which has closed restaurants in 27 states, has been struggling with rising lease and labor costs in recent years and also promotions like its iconic all-you-can-eat shrimp deal that backfired.
Red Lobster promised customers an endless supply of shrimp for $20 — a gamble the struggling restaurant chain hoped would help pull it out of its pandemic doldrums. But Americans, and their appetites, had other plans.
As the real estate market squeezes out potential home buyers in Southern Nevada, many are facing a greater challenge, true affordable housing. There’s a concerning shortage that continues to expand.
With graduation season in full swing, economists and hiring experts say graduates are entering into a positive but slower job market compared to recent years. The overall economy and job market are stable but has lost some momentum since the U.S. reopened after the pandemic, they say.
In most presidential election years, home prices aren’t a key issue for voters or a major campaign talking point. Consider it another way in which the 2024 election is anything but typical. With mortgage rates up and home prices out of reach for many first-time buyers, the affordability crisis is increasingly in the spotlight as campaign season heats up.
Condo and townhome prices in Southern Nevada reached an all-time high in April 2024. Single-family homes have priced many out of the market as well. Experts said the cost is driven up by a myriad of things including low inventory and cash investors.
The rental platform saw its stock soar last week after predicting it would hit a key profitability metric this year. A new marketing push and more robust inventory are the key to unlocking elusive growth, CEO Jenn Hyman tells BoF.
In 11 years, North Las Vegas went from the brink of bankruptcy to a rapidly growing economy with millions of square feet of industrial and commercial space and big plans for more. In one of his final interviews as North Las Vegas city manager, Ryann Juden, the key architect of the city's resurgence, talked about how the municipality turned around the economy and his plans for the coming years.
In 11 years, North Las Vegas went from near bankruptcy to having a fast-growing economy with millions of square feet of industrial and retail space and big plans for more. In one of his final interviews as North Las Vegas city manager, Ryann Juden, the key architect of the city’s resurgence, spoke about how the municipality turned the economy around and its plans for the coming years.