In The News: Lee Business School

Associated Press

State workers were put on paid administrative leave. Nevada residents couldn’t receive their driver’s licenses. Employers were unable to conduct background checks on new hires. These were all effects of a massive cyberattack in Nevada that took nearly a month to fully restore its services.

U.S. News & World Report

State workers were put on paid administrative leave. Nevada residents couldn’t receive their driver’s licenses. Employers were unable to conduct background checks on new hires. These were all effects of a massive cyberattack in Nevada that took nearly a month to fully restore its services.

Las Vegas Review Journal

The “threat actor” who conducted a ransomware attack on the state of Nevada was in the government’s computer systems as early as three months before, the state revealed in an after-action report released Wednesday.

Las Vegas Review Journal

The Center for Business and Economic Research at UNLV estimates that the military has about 17,200 personnel stationed in Clark County. Federal defense spending is estimated to contribute $7 billion to the Nevada economy in 2017 dollars, according to the researchers.

Desert Companion

For Americans who can afford it and the workers who make it possible, summer is a time for pools, beaches, lakes, and water parks — a cooling down of the Great American Machine. Unless you’re looking for the next generation of NBA stars making their professional debut. For this, one must brave the desert heat.

KLAS-TV: 8 News Now

Businesses have lost confidence in the economy, according to a UNLV report that will be released publicly next week. The dramatic decline in confidence happened quickly, plunging since a recent survey last quarter, and has reached depths that haven’t been seen in more than a decade, according to Andrew Woods, director of UNLV’s Center for Business and Economic Research.

KSNV-TV: News 3

Las Vegas is shedding its "Sin City" moniker as it transforms into a major sports hub, boosting tourism and the local economy.

Gambling News

The Boring Co. is acquiring real estate along planned expansions of its underground Las Vegas Loop, a move that some analysts view as a potentially risky investment with uncertain returns.

Las Vegas Review Journal

Kiernan said until mortgage rates drop the market will continue to be dampened by a number of factors, the first and foremost being a large supply of homes for sale. He also pointed to a recent UNLV Lied Center for Real Estate study that showed the average person needs to make close to $120,000 annually to afford a mortgage.

KVVU-TV: Fox 5

More than six percent of Las Vegas Valley residents can buy a home on their own, according to data from UNLV researchers. The findings from the Lied Center for Real Estate at UNLV analyze the impact of the Valley’s land shortage on the housing market, prices for homes and rent, and the impact on the growth of businesses and good-paying jobs for residents to improve their quality of life.

Nevada Independent

The Boring Co. is snapping up real estate along planned extensions of its underground Las Vegas Loop in what some observers say is an investment with unclear prospects of a return.

CasinoBeats

Mention Las Vegas to just about anyone, and images of the Strip with its bright lights, casinos, and unmatched energy likely come to mind. But beneath the shine, Las Vegas isn’t having its best moment. Although it might not be obvious to the average visitor, the city has been quietly battling a slowdown.