HispanicBusiness

Headline Articles

Census Rethinks 'Hispanic'

Hispanics may become a race of their own in the U.S. Census -- a major change that some Latino advocacy groups are opposing.

Stocks Drop After Central Bank Projects End of Bond Buying

According to minutes of a December meeting released Thursday, Federal Reserve policy makers are aiming to end by 2013 their program of buying $85 billion of bonds every month to buoy the economy.

Markets Rally a 3rd Day, Though Slower

After an early slump, U.S. markets turned around Thursday, keeping the rally supported by the end of fiscal cliff fears going for a third day.

113th Congress Is Most Diverse Yet; Hispanics Make Gains

For the first time, white men don't constitute a majority of the Democratic Caucus in the House of Representatives, following historic gains made by Hispanics and women in the 2012 elections.

Troubles with Arctic Oil Rig Raise Questions About Shell's Tow Plan

In the final week of December, conditions were anything but ideal as huge waves and strong winds defeated multiple efforts to maintain secure lines and prevent the Monday evening grounding of the rig off Alaska's Sitkalikdak Island.

Private Sector Gains 215,000 Jobs

Payroll firm Automatic Data Processing said the U.S. economy added 215,000 non-farm private sector jobs in December, far more than economists expected.

First-time Jobless Claims Rise in Week

The U.S. Labor Department said Wednesday first-time jobless benefits claims rose by 10,000 in the week to 372,000 claims.

In 2013: Is Globalization in Retreat?

For decades, growing volumes of cross- border trade and money flows have fueled strong economic growth. But something remarkable is happening; trade and international money flows are slowing and, in some cases, declining.

Cliff Deal Means a Bigger Tax Bite for Most Households

Only the most affluent American households will face higher income tax rates this year under the deal passed by Congress on Tuesday, but about 77 percent of households will pay a larger share of income because the deal does not extend a 2-year-old break on payroll taxes.

Employment Increased by 215,000 Jobs in December, ADP Reports

Private sector employment increased by 215,000 jobs from November to December, according to a report from Automatic Data Processing. The November 2012 report, which reported job gains of 118,000, was revised upward by 30,000 to 148,000 jobs.

Fiscal Cliff Deal Spurs Global Financial Market Rally

World financial markets jumped Wednesday after U.S. lawmakers agreed on a deal to head off massive austerity measures, but analysts warned of the risk of renewed volatility as Congress and President Obama gird for a looming debt ceiling clash.

Cliff Averted, What Next?

U.S. Chamber of Commerce President Thomas J. Donohue said the deal passed Tuesday "does not even begin" to address the fiscal challenges facing the country, the Los Angeles Times reported Wednesday.

Manufacturing Ends 2012 on Strong Note

An index of U.S. manufacturing activity reached a seven-month high in the final month of 2012, a research firm said Wednesday.

House Averts 'Fiscal Cliff'

A fractious Republican-controlled House late Tuesday approved, 257-167, a Senate deal to head off the "fiscal cliff" of tax hikes and spending cuts that were to be triggered New Year's Day.

Deal Limits Middle Class Pain but Could Slow Recovery

The tax deal approved by Congress could slow the economic recovery by ending a 2-year-old payroll tax cut that gives many households at least $1,000 a year more to spend.