The global economic recovery is gaining momentum, but is confronted with challenges including a two-speed recovery pace among emerging markets and advanced economies as well as underlying structural changes, Zhu Min, special advisor to the Managing Director of the International Monetary Fund (IMF), said here on Monday.

While it is still too early to say that the increasing oil price could cause global economic slowdown, if it continues to surge, the global economy might face serious challenges, says a U.S. expert on Monday in Chicago.

Growth in U.S. service industries grew slightly faster in February than January, the Institute for Supply Management said Thursday. With numbers above 50 indicating growth, the headline Purchasing Managers Index climbed from 59.4 to 59.7, indicating faster growth.

U.S. Treasury Secretary Timothy Geithner on Tuesday expressed confidence in European Union (EU) measures aimed at shoring up confidence in the euro.

Growing gridlock and longer commute times are the price motorists are paying as the improving U.S. economy puts more people back to work, a report says.

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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.

Leaning forward on the edge of a couch in a suite at one of Washington's premier hotels, Luis Manuel Ramirez, CEO of GE's Industrial Solutions division, emits energy like one of GE's new WATT electric vehicle chargers.

Mr. Casellas says the "people" part of the sustainability equation is a key ingredient because if you establish a work force that is a reflection of your community, you gain a competitive advantage and everyone benefits. The corporation gets a work force that is in tune with the buying public and with local vendors and suppliers. The community gets assistance with employment-related issues like education and poverty.

Consider it's the year 2025. What will be in store for the United States? Alternativefuel automobiles gracing the highways? New electronic devices that make work easier and leisure time more relaxing? At least 50,000 Hispanics elected to political office nationwide?

Market dynamics have been swinging wide, going from recession to recovery since 2007. One afternoon in October of that year, Citigroup Inc.'s CEO received news from his CFO that ultimately wrecked careers and upended markets. Days earlier Merrill Lynch & Co. had faced its own inner demons.

"We live where you live." It is a simple enough statement for an insurance agent to make, but in La Joya, Texas, where Ruben Solis is based, it means much more than being in close proximity to his customer.