Senate Minority Leader Mitch McConnell of Kentucky, in a 180-degree turn, Monday endorsed a ban on earmarks sought by conservative Republicans.

A House of Representatives ethics panel Tuesday found Rep. Charles Rangel, D-N.Y., guilty of ethics violations on 11 of 12 counts.

General Motors Company (GM) said Tuesday it increased by 14 per cent its estimated price range for an initial public offering of common stock, as demand for shares rises.

Facebook unveiled a new messaging system Monday that will allow users to see all their various message feeds in one location and which ups the rivalry between the social networking site and Google.

Retail sales climbed again in October marking four consecutive months of gains, noted the Retail Industry Leaders Association.

According to a new report conducted by the Pew Hispanic Center, Latinos living in the United States feel they do not have a national leader.

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.