Economy

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More on Economy
It is important to understand the current economic situation in which we find ourselves. After more than a decade of historically low-interest rates, practically at zero, corrections are now being made. This is not just a problem in the United States, but a global issue related to inflation.
News 3 LV Team
LAS VEGAS (KSNV) — U.S. Rep. Steven Horsford, D-Nevada, sat down with Connect to Congress to talk about some of the issues facing residents of the Silver State.
As a representative of Nevada's fourth congressional district, I have witnessed the severe impact of the pandemic on our hospitality and tourism industry. Although it's encouraging to see more people returning to work, there are still several obstacles to overcome. The lack of affordable childcare is one of the most pressing issues, which is disproportionately affecting women and families.
I am writing to express my concern about the targeting of middle-class families by investors who are significantly raising rents, sometimes by more than 30 percent. I agree with Sepela that this practice needs to stop. There should be limitations on how much rent can be increased, and it seems that these investors have gone too far by adding even more.
I am happy to express the success of securing funding for the North Las Vegas Park and Sports Complex, which is undergoing a major renovation to bring it back to its former glory days, and maybe even better than ever before. The goal now is to revive the Cheyenne Sports Complex and make it the central hub for recreation up north once again.
WASHINGTON – Today, Congressman Steven Horsford (NV-04), a member of the House Armed Services Committee, celebrated the passage of the National Defense Authorization Act (NDAA), the annual funding bill for the Department of Defense and our nation’s Armed Forces.
Abel Garcia
LAS VEGAS (KTNV) — Low-income renters in the valley may be getting some protection from pricey rent payments. As many look for affordable housing, many have found themselves simply locked out.
Gary Martin
WASHINGTON — Skyrocketing housing prices, waiting lists and competition from institutional investors are keeping working-class Americans from purchasing homes in the nation’s largest metropolitan markets, including Las Vegas, witnesses told a House committee Wednesday.