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Thursday, July 02, 2009
Feds Say They Want Stimulus Funds to Reach Minority-Owned BusinessesThe federal government is launching a campaign to put more stimulus money in the hands of minority-owned businesses, many of them reeling from this historic recession, now in its 20th month. But an official with the California Hispanic Chambers of Commerce says thus far, the stimulus money has eluded minority-run businesses in his beleaguered state. |
Markets Plunge Ahead of Holiday WeekendU.S. markets plunged Thursday after the Department of Labor said the unemployment rate rose from 9.4 percent to 9.5 percent in June. By close, the Dow Jones industrial average lost 223.32 points. |
Sin CambioEl banco central de Estados Unidos, conocido como la Reserva Federal, decidió la semana pasada dejar sin cambio la política monetaria. Conforme lo anticipado, la tasa de interés de los fondos federales, a la cual los bancos se prestan entre sí, fue dejada igual, dentro de un rango de 0 a 0,25 por ciento. El acostumbradamente parco comunicado dijo, como lo hizo en marzo, que dicha tasa de interés clave permanecerá a esos "niveles excepcionalmente bajos ... durante un extenso período." Eso indica que el banco central no anticipa, en el futuro inmediato, mayores cambios en la |
July 4 Hot Dog Contest: The Superbowl of EatingIf the official game of Thanksgiving is football, then the spectator sport for the July 4 is eating. Eating hot dogs, that is -- and as many as humanly possible in 10 minutes. Every Independence Day, New York's Coney Island hosts the Nathan's International July Fourth Hot Dog Eating Contest, which some consider to be the "Superbowl of all eating events." |
Fox Nation -- HuffPo for the 'Real Patriots?'The Fox Nation -- a news aggregation and opinion site launched by Fox News back in March-- is still here, and is dressed up perfectly for the 4th of July Independence Day Celebration. |
Hispanic Advisers Played Key Roles in U.S. ElectionsThe presidential campaigns for the recent elections engaged in a tireless battle for the most besieged constituency of all time -- the Hispanic vote. |
Dems' 60-Vote 'Supermajority' May Have CracksMinnesota's Al Franken to the U.S. Senate's Democratic fold may give the party a supermajority, but using that leverage may remain difficult, lawmakers say. The absence of two Democrats because of illnesses, senators' ideologies and some members' willingness to break ranks won't make advancing contentious legislation easier, The New York Times reported Thursday. |
Harvard Cuts Employees as Economy Impacts EndowmentHarvard University announced Tuesday that it's eliminating 275 jobs, citing huge losses in its endowment because of the financial crisis, Reuters reported. |