President Barack Obama on Tuesday will renew a major initiative aimed at boosting academic achievement among Hispanic students.

A Politico analysis, released Tuesday, indicates 99 House seats held by Democrats are in play and Republicans are well within reach of retaking control of the lower chamber.

Apple reported record profits and revenue Monday as sales of its iPhones and Macs rose sharply, and consumers snapped up more than 4 million iPads.

The Bank of America has resumed foreclosure proceedings on more than 100,000 homes throughout the U.S., the company announced Monday.

Russia's budget deficit will be significantly lower than expected this year thanks to rising oil prices, Prime Minister Vladimir Putin said Monday, without giving any figures.

Taiwan banking authorities said Monday that two of its banks would soon start dealing directly with Chinese banks, buying yuan from the Bank of China.

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.

The diversity that we have represents the growth of our business ... we're very proud of that," says Pat Harris, vice president and global chief diversity officer at McDonald's.

Diversity and inclusion programs are proving to have a much broader effect than once thought. "There's no doubt in my mind (spending with minority-owned businesses) has a positive net effect on local economies," says Joyce Ibardolasa, director of diversity and inclusion, PG&E.