Federal Reserve Chairman Ben Bernanke on Friday said the U.S. central bank was prepared to take additional steps to bolster economic growth if the recovery continues to falter.

Sales of new and used cars have increased as consumers are spending a bit more money. Economists hope it is an early harbinger of a stronger economy.

President Barack Obama exhorted Congress on Monday to make passing a long-languishing small business aid package its first order of business when it returns next month from its summer break.

At the USHCC Board of Directors meeting held in Dallas, Texas on Friday, August 27, 2010, the Board elected Nina Vaca as incoming Chair and Jeanette Hernandez Prenger as Vice Chair. Ms. Vaca and Ms. Prenger are entrepreneurial role models.

Russia and Germany plan to cooperate closely in the effort to reform the global financial markets, German Finance Minister Wolfgang Schaeuble said Friday during a meeting with his Russian counterpart in Moscow.

Former presidential candidate Senator John McCain has easily defeated a conservative challenger in a primary vote, weathering a strong anti-incumbent mood that has taken hold across the United States.

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.

Last June General Motors was staring into an abyss. Fast forward 12 months and the company has repaid around $8 billion of debt and just announced its first quarterly profit in almost three years. So yes there's been a recovery. But it's been a rollercoaster ride for GM shareholders and employees, and for scores of the company's Hispanic dealerships, which have experienced all the ups and downs of their corporate parent.

With the tough economic year of 2009 now safely in the rearview mirror, a clearer picture of the damage wrought by the recession is emerging.

Molina Healthcare has surpassed Brightstar as the No. 1 company on the HispanicBusiness 500 list.