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home sales, sales up
New U.S. home sales rose slightly in September the U.S. Commerce Department reported Monday.

A majority of economists surveyed last week indicated they expect the U.S. Federal Reserve to cut lending rates at this week's policy meeting. A USA Today survey of 45 economists found 82 percent indicated a rate cut was likely, with 44 percent saying a half-point cut was likely and 38 percent indicating a quarter-point cut was likely.

The changing Latino electorate in Florida is a tricky issue for both presidential campaigns. These days it takes more than a stop in Miami's Little Havana and a quick anti-Castro speech for candidates to win the Hispanic vote. Immigration from Central and South America has made the Hispanic voting population much more varied and diluted the power of conservative Cuban exiles at the polls.

The weekly average oil prices of the Organization of Petroleum Exporting Countries (OPEC) dropped to 61.53 U.S. dollars per barrel (dpb) last week, the lowest price since the end of March 2007, the Vienna-based cartel said Monday.

High School Musical 3's director, choreographer and executive producer, Kenny Ortega, won the Emmy award for outstanding choreography for the original version of the movie in 2006, which appeared on the small screen. He was subsequently presented with an Alma Award earlier this year for Special Achievement in Directing for the sequel, which also went straight to TV. But he's particularly excited about his latest venture. With High School Musical 3, the hugely popular franchise is moving to the big screen.

HispanTelligence Research
Hispanic Economy in Transition Cover Art
Hispanics are now the largest ethnic minority in the United States and during the past decade, U.S. Hispanic purchasing power has rapidly increased. This report takes an in depth look at how today's Hispanic Economy is transitioning into an economic power in the U.S. Click here for the executive summary and table of contents!

The number of Hispanic-owned businesses in the United States is expected to grow 41.8 percent in the next six years to 4.3 million, with total revenues surging 39 percent to more than $539 billion, according to new estimates by HispanTelligence. Spurred by growing entrepreneurial trends and affluence among the nation's largest minority population, the increase is expected to come at a robust rate of 8.5 and 8.7 percent, respectfully, over the next couple years.

For more than two decades, the annual Hispanic Business 500 directory has served as a barometer of the U.S. Hispanic economy. A purchase of the 2007 directory provides the top 500 Hispanic-owned companies list in Excel format including: CEO names; company addresses and telephone numbers; e-mail addresses for 375 companies and Web addresses for 430 companies; and company revenue and employees numbers for 2005 and 2006.

From the current issue of Hispanic Business magazine...
100 Influentials, 2008: The Complete List
Presenting Hispanic Business Magazine's 100 Influentials for 2008, including the special spotlight on the 40 influentials from Los Angeles.

California and Los Angeles have emerged nationally as centers of Hispanic economic and political influence. We recently caught up with charismatic LA Mayor Antonio Villaraigosa to talk about the opportunities for Hispanics and the reawakening of the "City of Angels."

Welcome to our list of the best and the brightest. They are changing the nation in all sectors, including business, politics, education, and entertainment. This year the focus is on Los Angeles as it moves to the center of U.S. Hispanic influence.

Upcoming Events
Thursday, November 6, 2008 - LOS ANGELES, CALIFORNIA
The 2008 Hispanic Business magazine EOY Awards will be held this year at the luxurious Millennium Biltmore Hotel in Los Angeles. We will once again recognize and honor Hispanic entrepreneurs who have demonstrated uncommon drive, innovative courage, prosperity and civic responsibility. Call 805-964-4554 x 308 for more information or register online HERE

Thursday, November 6, 2008 - LOS ANGELES, CALIFORNIA
In association with Aflac, Hispanic Business Media is pleased to invite our magazine subscribers to join us in Los Angeles for this landmark event. This exclusive panel discussion will highlight the opinions and experiences of four highly respected members of the business community, followed by a 30-minute Q & A segment. Whether you are looking to increase business or simply network and develop new contacts, we encourage you to sign up now... Seating is limited! For more information, please visit our events page

Thursday, Dec. 4, 2008 - HOUSTON, TEXAS
A collaborative effort to bring together an elite handful of influential Hispanic business leaders, Hispanic Business Media has partnered with Aflac Insurance to present these exclusive opportunities to interact with top executives, leaders and thinkers. This is a unique chance to take a look behind the curtain, witness how these forward-thinking individuals operate and see how they have become a progressive force within the Hispanic business community. Call 305-852-3255 for more information or register online HERE

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Hispanic Business, Inc.
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