The $9 billion CityCenter project in Las Vegas is targeting the metro Phoenix area to fill more than 12,000 jobs needed to staff the 18 million square-foot development, set to open later this year.
The federal tax-collection agency said it will give certain breaks to individuals and businesses facing financial strain from the recession, without backing off from its obligation to enforce income-tax laws.
Valley bankruptcies nearly doubled in December, concluding a year when filings jumped 92 percent. The tough real estate market has emerged as a major culprit.
The same cheap oil that's providing relief to drivers and businesses in an awful economy is setting the stage for another price spike, perhaps as soon as next year, that will bring back painful memories of last summer's $4-a-gallon gas.
The CityCenter complex will open under what could be the most challenging economic conditions in Las Vegas' history.
Allegiant executives reported Tuesday that passenger numbers were up in virtually every category compared with 2007, including an overall increase of more than 29 percent for scheduled service.
Wall Street brushed off more bad economic news Tuesday to finish with a moderate advance that left broad stock indexes at their highest levels in two months.
A wave of fare sales has spread across the airline industry in the early days of the new year as the weak economy continues to put pressure on carriers to fill seats even after they drastically reduced capacity and some expressed willingness to cut more.
An author and spiritual teacher, an oil-and-gas exploration consultant, a senior vice president of the Phoenix Suns and a doctor who practices emergency and sports medicine are among the buyers and sellers in this week's priciest home sales.
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