Author: NV Today Contributor
NV Today Contributor
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U.S. equity markets fell sharply today as a dual wave of economic unease—a disappointing jobs report and an aggressive new tariff policy—shook investor confidence and triggered a broad-based selloff. The developments, which come amid already delicate global financial conditions, have sparked renewed fears of an economic slowdown and prolonged market volatility. The July jobs report, released this morning by the Department of Labor, showed that the U.S. economy added only 73,000 new nonfarm payroll jobs, falling well short of economists’ expectations and reflecting a stark deceleration from the pace earlier this year. Compounding the disappointment, the report revised job creation…
As the nation enters the final month of summer, two cultural observances—National Black Business Month and National Civility Month—have officially begun, inviting Americans to reflect on economic empowerment and the role of respectful dialogue in a deeply interconnected society. National Black Business Month, established to recognize the contributions and growth of Black entrepreneurs, continues to gain momentum. Since the COVID-19 pandemic, the number of Black-owned businesses has surged by nearly 30 percent, according to recent economic reports. Among the most significant trends is the rise in Black women-led startups, with this demographic now outpacing all other groups in new business…
On August 1, 2025, President Donald Trump enacted a sweeping set of tariffs affecting 66 nations, including Canada, India, Switzerland, and Taiwan. The move marks a bold shift in U.S. trade policy and has drawn immediate reactions from international leaders, financial markets, and domestic industries. Details of the Tariffs The executive order imposes import duties ranging from 10% to 41%, with Canada facing a 35% rate, and India and Taiwan subject to tariffs as high as 39%. Administration officials said the tariffs are aimed at promoting U.S. manufacturing, protecting strategic industries, and pressuring trade partners to renegotiate long-standing agreements. Revenue…
On August 1, 2025, President Donald Trump abruptly fired Erika McEntarfer, the head of the Bureau of Labor Statistics (BLS), following a disappointing jobs report that revised previous employment gains downward. The firing triggered immediate backlash from economists, former BLS leaders, and civil rights groups, who condemned it as a political act undermining the integrity of federal data institutions. Job Report Fallout The July labor report showed just 73,000 new jobs, with earlier months revised downward by a combined 258,000 jobs. The unemployment rate rose to 4.2%, the highest since early 2023. President Trump claimed the data was manipulated to…
On the evening of July 30, 2025, Reno’s flagship Artown Festival drew to a close after completing its milestone 30th-anniversary edition. With over 650 events staged across more than 100 venues, this year’s program represented the most expansive lineup in Artown’s history. The city was transformed into a dynamic cultural canvas, hosting everything from open-air concerts and circus performances to gallery exhibits, poetry readings, and theatrical productions. The opening night kicked off on July 1 at Rancho San Rafael Regional Park, featuring a reunion performance by Nevada band Sol’ Jibe along with a family-friendly spirit-animal mask art workshop and community…
Nevada is experiencing a notable boost in high-tech startup activity, fueled by growing venture capital investment and public-private collaboration across battery energy storage and AI-driven technologies. According to leaders from the Governor’s Office of Economic Development, UNLV, and the Electrify Nevada Accelerator, new startups are gaining traction in sectors like clean energy, AI infrastructure, medical devices, and advanced materials. The Electrify Nevada Accelerator—run by UNLV, the Nevada Governor’s Office of Economic Development, and global accelerator gener8tor—focuses strategically on early-stage firms working in advanced battery systems, closed-loop lithium technologies, sustainable energy supply chains, and industrial efficiency solutions. Participating companies receive mentorship,…
The Nevada Arts Festival 2025, held in Reno from July 26-28, has been hailed as one of the most successful and culturally significant events in the state’s history. With a record-breaking turnout, over 30,000 visitors from across Nevada and beyond gathered to celebrate the state’s vibrant arts scene. This year’s festival showcased the rich diversity of local talent and emphasized Nevada’s growing reputation as a hub for creativity and artistic expression. The festival featured an eclectic mix of performances, art displays, and interactive exhibits, highlighting Nevada’s unique cultural identity. Local artists, musicians, filmmakers, and performers came together to present both…
Tesla, the electric vehicle and clean energy powerhouse, has unveiled plans to significantly expand its Gigafactory in Nevada, one of the company’s largest production facilities. In a statement released on July 29, 2025, CEO Elon Musk confirmed that Tesla will invest a staggering $2.5 billion to enhance the Gigafactory’s production capacity. This move is expected to create 5,000 new jobs and further solidify Nevada’s position as a crucial hub in the global electric vehicle (EV) and clean energy markets. The Gigafactory, located in the rural areas of Nevada, has been a key part of Tesla’s manufacturing operations since it opened…
Marvel Studios chose not to host its traditional Hall H panel at San Diego Comic‑Con in 2025, marking a departure from its long-standing presence at the convention. Instead, the studio turned its promotional focus toward The Fantastic Four: First Steps, which premiered during the same weekend to early critical praise and strong box-office performance. This decision signals a broader shift in Marvel’s marketing strategy, prioritizing targeted releases over high-profile convention showcases. The absence from Comic‑Con appears tied to Marvel’s efforts to maintain strict secrecy around its next major project, Avengers: Doomsday, currently filming in London under the direction of Anthony…
Shares of U.S. liquefied natural gas producers jumped in pre-market trading on July 28, 2025, after the European Union officially agreed to purchase $250 billion in American LNG annually as part of a new multi-year trade framework. The three-year pact commits the EU to $750 billion in total energy purchases from the United States. Leading exporters including Cheniere Energy, NextDecade, and Venture Global saw stock gains ranging from 7% to nearly 9% as investors welcomed the long-term demand stability and contract visibility. Market analysts expect the deal to drive fresh capital into U.S. LNG infrastructure, with expanded export terminals and…