Tax hikes will absolutely not be part of any debt-ceiling and budget deficit reduction deal between the White House and Congress, two top GOP lawmakers say.

The Detroit Three gained U.S. market share in June from 2010 levels, but overall U.S. demand for cars and light trucks slowed from May's eight-month low as consumers waited for vehicles to arrive from earthquake-damaged Japan.

A 4.5-billion-euro (6.5-billion-dollar) budget surplus in the European Union's 2010 budget is to be returned to the bloc's member states, the European Parliament decided on Tuesday.

Euro zone finance ministers have agreed to disburse a further $17.41 billion (12 billion euros) to Greece, with the final details of an additional aid package to be worked out in the coming weeks.

Some people choose to chase the American dream by becoming their own boss. Four business owners have worked or are working for another employer, but decided to start their own businesses.

The former head of the US intelligence service, ex-CIA director Leon Panetta, took up his post Friday as the new defence secretary.

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.

Hispanic-owned companies make gains in 2010, but a balky economy continues to indicate recovery is not on a fast track.

The LULAC National Educational Service Centers Inc. (LNESC) is the spear point of a historic united effort to inspire students who might not otherwise have thought a college education was possible.

Hispanic dealers for domestic automobile brands in many markets are riding the momentum of 2010.

But how much and whom depends on who's talking and what yardstick is used.

More youthful population posed to have greater influence in all segments of American society.