Economy
West Bank Economy In Tatters As Gaza War Rages
In the occupied West Bank, Hafeth Ghazawneh waits in quiet frustration for customers to visit his falafel stall, which has been deserted since the October 7 Hamas attacks in Israel.
Latina Entrepreneurs Generate More than $175 Billion, Poised for Accelerated Success as Disparities Diminish
If Latinas achieved the average revenue of white women, they would add $269 billion to the U.S. economy
Most Young Adults in the U.S. no Longer Believe the American Dream Holds True
According to a new ABC News poll, only 21% still believes the concept to hold. The drop was sharp among all groups surveyed
Latino Financial Empowerment Surpasses National Average as More Latinos Report Economic Progress
A "Vibes" survey from Axios and the Harris Poll illustrated respondents' feelings about certain key issues, rather than hard data
Spot Bitcoin ETFs Approved: Which Are the Major Companies Behind this Financial Product?
SEC officials announced the approval of 11 Spot Bitcoin Exchange-Traded Funds (ETFs)
Latino Priorities: Inflation and Immigration Top List for U.S. Government Focus
A new poll by AP-NORC listed the main areas of concern for the country's largest demographics
Mexico's Heavy-Vehicle Industry Reports Production and Exports Records for 2023
In 2023, Mexico produced 222,541 trucks and buses, 177,541 of which were exported
SEC Approves Bitcoin ETFs, Giving a Push to Crypto Investments
In recent years, the SEC rejected proposals for Bitcoin spot ETFs on concerns about potential market manipulation
These Are 5 Top New Year Resolutions for U.S. Latinos in 2024
From becoming a citizen to reaching financial independence, these are some of the top resolutions for more than 62 million people of Latino origin
No Jingle In Argentine Pockets As Economic Grinch Ruins Christmas
Cecilia Rojas has scoured shops across greater Buenos Aires to find an affordable gift for her children this Christmas, which is set to be a gloomy affair as the country grapples with its worst economic crisis in decades.
Latino Households Have Seen Their Wealth Grow, But Many Still Remain in Debt
Latinos increased their wealth by 42% between 2019 and 2021; however, one in seven Latino households remain in debt
Latinos Have the Largest Household Size in the U.S.: These are the Figures
Latinos have the largest households of any demographic in the U.S. and average 3.6 family members per household.
Arizona Latinos Face Disproportionate Challenges to Start and Maintain Their Businesses
A new study sheds light on the difficulties to securing capital, accessing relief funds and heightened employee turnover during crises
U.S., Mexico to Strengthen Foreign Investment Screening Cooperation
This month, U.S. also proposed new rules surrounding its electric vehicle subsidies, limiting material that producers can source from Chinese firms and others
Hurricane Otis to Become Costliest Insured Disaster in Mexico: Swiss Re
Global natural catastrophes will pass the $100 billion threshold for the 4th consecutive year
Latinos Increased Wealth During Covid By 42%, Remain Below Average Net Worth in U.S.
Latinos increased their wealth between 2019 and 2021 by 42%, but their net worth remains substantially than American Households.
A Tale of Two Cities: Los Angeles Is One of Most Expensive and Buenos Aires Is Among Cheapest
Three other cities in Latin America featured as the ones who climbed the most places in The Economist Intelligence Unit's report
Remittances to Latin America, Caribbean Increased by Almost 10% in 2023
Mexico still received the most remittances, accounting for 41.2% of all funds sent to LAC countries
Which STEM Jobs Are Offering Top Pay for Latinos?
STEM jobs are in high demand and there is a shortage of qualified workers, so Latinos have a good chance of getting a job in this field
These Are the States With Highest Economic Benefit from Clearing Green Card Backlogs
Reducing green card barriers would add $3.9 trillion dollars to the U.S. economy, according to projections from the BPC
Inflation Woes in Argentina Force Shopkeepers to Make Difficult Decisions
The imminent end of the agreement on price controls is fanning inflation even more, says economist Hernan Letcher
These Will Be Latin America's Main Challenges And Opportunities Next Year
A new report by The Economist Intelligence Unit concluded that political risks persist, but there are also surging investment opportunities
Why Homeownership Has Become Disproportionately Harder for Latinas
A new report found that Latino women are less likely to own a home than white men and white women
Former Latin American Presidents Show United Front to Support Candidates Across The Region
The group focused especially on Venezuelan Maria Corina Machado, who won the opposition's primaries and seeks to challenge Nicolas Maduro
Unemployment Rate Among Latino Workers is Still Higher Than the Country Average
The overall figure rose 0.1 percent in October and clocked in at 3.9 percent. Among Hispanic Americans, the rate rose 0.2% to 4.8%
Latino Families Stand to Benefit from Inauguration of Low-Income Housing Projects in Florida
HUD found that nearly 25% of Hispanic households met the criteria for worst needs, either paying more than half of their income on housing costs.
Artificial Intelligence Threatens Millions Of Jobs, But It's A Technology Where Latinos Are Not Far Behind
A recent AI study commissioned by Intuit QuickBooks found that 86% of 1,000 Hispanic and Latino respondents use artificial intelligence in their work, and 38% say they use it daily.
Latino Workers in U.S. Grow in Numbers, But Not in Living Standards Due to Education, Technology Issues
Hispanics are much more likely to be low-income than non-Hispanic whites and Asian Americans. In fact, nearly one-quarter (23%) of Hispanics live in households with incomes below 125% of poverty
US Economy Grows At Fastest Rate In Nearly Two Years
The US economy heated up in the third quarter, government data showed on Thursday, as a resilient job market helped boost consumer spending, holding off the prospect of a recession.
US Economy Grows At Fastest Rate In Nearly Two Years With Boost from Consumer Spending
Analysts have raised fears of a downturn as the US central bank started lifting interest rates rapidly last year to fight inflation, but the world's biggest economy has so far defied these predictions