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Economy

Las Vegas Locals Hopeful for Mortgage Relief

Thursday, February 19th, 2009
Nevada has been among the hardest hit states in the economic crisis and has been leading the nation in foreclosures for more than a year. In January alone, more than 3,200 homes were foreclosed on. Many struggling homeowners in Las Vegas wonder if President Barack Obama’s foreclosure plan to help homeowners will help them avoid the same fate. What do you think? To read the full story, click here.

BLOG: Tell Us Your Ideas to Solve Rising Gas Prices

Thursday, June 19th, 2008

gas_prices_record_180.jpg Gas prices just keep going up and up around the country and here in Las Vegas. We want to know what you think can be done to help Las Vegans deal with the problem of rising gas prices.

Foreclosure Nightmare Stories

Friday, June 13th, 2008

Nevada leaders want to help you stay in your home and right now you can take advantage of resources to make sure that happens. Have you been having problems with your home? Share your stories here.

Las Vegas Billboards Advertise Fast Cash, Cheap Thrills

Friday, May 9th, 2008

There’s no doubt sex sells in Las Vegas, but you expect to see ads for adult films in the back of a magazine — not splashed across the I-15. But a Las Vegas-based company has done just that, taking their advertising out of the seedy underbelly of the city. For more of this story, click here. Tell us what you think of this company’s advertising on billboards for the next big porn star.

From Groceries to Gas, Prices Soar

Wednesday, April 23rd, 2008

One of the biggest issues today is our sluggish economy. It’s not just the housing market or rising gas prices that people are concerned about. Grocery prices are up across the board and a new poll finds many families are having a tough time putting food on the table.

Read the rest

State Agencies Brace for Huge Budget Shortfall

Monday, March 31st, 2008

budget_cuts_02_180.jpgNevada has felt the pinch of a $500 million shortfall but projections now push the Silver State’s budget deficit to around $900 million. That puts state agencies on edge as they wait to hear where the axe will fall.

Systems like the correctional facilities are saying they can’t handle any more cuts without putting safety on the line. The number crunching has been done and the cuts are going to hurt much more than first thought.

“The last several months have shown us a rather disturbing trend and it goes to show you that even the best laid plans can often go awry,” said Governor Jim Gibbons.

Gibbons says many state agencies will likely have to slash their budgets an additional 3-percent. That’s on top of the already announced 4.5-percent statewide cutbacks.

“Our state government cannot then turn to those people who are doing with less and suffering from the escalating cost of everything to reach deeper in their pocket and take more out so we don’t have to make those tough decisions,” said Gibbons.

Read the rest of the story

44 Foreclosures a Day in Clark County

Monday, February 18th, 2008

foreclosures_180.jpgThe foreclosure rate in Nevada is one of the highest in the nation and many homeowners are left wondering if there is a way to avoid losing their homes.

Sub-prime lending has been blamed as one of the big contributors. What do you think?