Nearly every day, consumers face complex financial decisions that can have long-term implications. Unfortunately, many young consumers do not have the financial insight to make the best decisions in matters such as budgeting, loans, credit cards and more. That's why financial literacy education is vital to young students. As future consumers, students should have the … [Read more...] about Bank of Nevada
Archives for June 2022
Infrastructure InvestmentsAssure Our Community’s Water Future
With climate-change fueled megadrought continuing to affect water availability in the Colorado River Basin—including Lake Mead, the source of 90 percent of our community’s water supply—the Southern Nevada Water Authority (SNWA) continues to invest in critical infrastructure projects that assure a safe, reliable supply of water for the community. These infrastructure … [Read more...] about Infrastructure Investments
Repairing the Vote“Hope is Not a Course of Action”
In a phone call earlier this year, Mark Wlaschin, deputy Secretary of State (SOS) for elections in Nevada said, “Hope is not a course of action. We are taking action.” He was referring to the measures the Secretary of State is taking to prevent election fraud and restore confidence in Nevada’s process. Wlaschin spoke about the ways the SOS office is working to secure the voting … [Read more...] about Repairing the Vote
Top Rank Attorneys2022
For the past 15 years, Nevada Business Magazine has been publishing a list showcasing the state’s top attorneys as voted by their peers. Formerly known as Legal Elite this annual list came to represent the best of the best in the legal industry. This year, the editorial team at the magazine is rebranding Legal Elite to better reflect the prestigious position these attorneys … [Read more...] about Top Rank Attorneys
Executive Education in NevadaDetermining Return on Investment
Pursuing a career in business has traditionally gone hand-in-hand with a college degree. And, for those pursing a leadership role, an executive education is almost always a requirement. But times have changed and so have the requirements for success in business. While there are a variety of contributing factors, advancements in technology, a new workforce generation and the … [Read more...] about Executive Education in Nevada
Industry Focus: EmploymentJune 2022
Two years into the pandemic and employment in Nevada has become highly competitive as the state faces an all-time low participation rate in the labor force. The industry now looks to improve prospects by bridging the gap between employers and employees through targeted training programs and tapping into new candidate pools. Recently, executives from the employment industry met … [Read more...] about Industry Focus: Employment
Governor’s Office of Economic DevelopmentThe Heart of Workforce Development
It’s the first thing companies ask when looking to locate or expand to Nevada. Before they ask about taxes or incentives, they ask about workforce. “We’re trying to attract companies based on the industries and target sectors we’re focused on,” explained Bob Potts, deputy director, Governor’s Office of Economic Development (GOED). “As we work with these companies, always at … [Read more...] about Governor’s Office of Economic Development
The Rise of Experiential-Based Retail in NevadaChallenges and Opportunities
It’s no secret that the face of retail has changed significantly over the past 10-plus years. Gone are the days of cluttered clothing racks, the pandemic made online shopping boom. But don’t discount brick-and-mortar businesses just yet. In-store shoppers want something more than traditional retail, and developers are thinking creatively about how to get people on their … [Read more...] about The Rise of Experiential-Based Retail in Nevada
How the College Savings Division is Helping Students in Nevada
By Zach ConineNevada State Treasurer The Nevada State Treasurer’s College Savings Division is committed to helping Nevadans in planning, saving and paying for higher education. The division offers a variety of programs and services aimed at making higher education a realistic option for every Nevadan. 529 College Savings Plan Nevada’s 529 College Savings Plans are … [Read more...] about How the College Savings Division is Helping Students in Nevada
Vladi Bergman
Founder and CEOKarma and Luck Type of Business: Jewelry and Home Goods RetailerBased: Las Vegas, NVHails From: Kharkiv, Ukraine Years Org. has been in Nevada: 07Years with Org. in Nevada: 07Employees within Org.: 65 “Passion makes magic.” How did you get into your profession? I started Karma and Luck in downtown Las Vegas in 2015 [with the goal of] building a … [Read more...] about Vladi Bergman
Around the StateJune 2022
Roseman University Awarded NACDS Foundation Scholarship Roseman University of Health Sciences College of Pharmacy has been awarded a scholarship through the Annual National Association of Chain Drug Stores (NACDS) Foundation Scholarship Program. The scholarship was one of six innovation-focused awards in the amount of $20,000. It will be used to develop a disease state … [Read more...] about Around the State
Nevada “No Party”Majority Voters and What they Want
Republicans are slowly closing in on Democrats in Nevada voter registration, but the real news is that neither is the largest party. That honor belongs to the rapidly growing numbers of folks who register with “No Party” (NPs), or as Independents, decline to state, etc. Recent in-depth survey research by a private organization has revealed the politics of these voters. (Full … [Read more...] about Nevada “No Party”
Commercial RE ReportOffice Summary: First Quarter 2022
Northern Nevada By Jordan Lehman, Colliers | RENO Reno’s office market began 2022 with incredible momentum. The region saw robust investment activity, sizeable rent growth and shrinking vacancy. Office sales volume of $76.1 million was the highest first-quarter total on record. Pricing continued to climb this quarter as average sales price grew 65.9 percent year-over-year … [Read more...] about Commercial RE Report
Business IndicatorsJune 2022
The “advance” estimate of U.S. real gross domestic product (GDP) for the first quarter of 2022 unexpectedly fell by 1.4 percent at an annual rate, the first decline since the COVID pandemic recession. The decline largely reflected a decrease in government spending and a huge trade deficit caused by a drop in exports and a surge in imports. U.S. nonfarm employment posted a … [Read more...] about Business Indicators
Last WordWhat Habit do you have now that you Wish you had Started Earlier?
Phyllis Gurgevich President and CEONevada Bankers Association “Saving money for retirement is a habit most of us wish we had started sooner. Remember it’s also never too late to start. Today is a day earlier than tomorrow.” Chuck Alvey ChairVistage International “Full contact listening! While I have finally learned to listen with my other senses, listening … [Read more...] about Last Word