|Tuesday, October 25, 2005 • Volume 4, Issue #148||Home||Research||Magazine||Contact Us|
NEW RESEARCH: The 2005 Hispanic Business 500 Directory -
A national benchmark of the surging development of U.S. Hispanic-owned companies.
Visit HispanicBusiness.com to search the directory.
As commercial banks back away from making corporate loans, a new breed of lender is stepping in: Hedge funds are providing hundreds of millions of dollars to companies whose shaky credit disqualifies them for prime bank loans.
U.S. leading economic indicators dropped sharply in the aftermath of two powerful hurricanes hitting the U.S. Gulf Coast, as consumers were less confident about the economy and nearly 500,000 people lost their jobs.
President George W. Bush has nominated his economic adviser Ben Bernanke as Federal Reserve chairman, to succeed Alan Greenspan, news reports said. Greenspan is slated to leave the Fed after 18 years on January 31.
Roughly $124 million in grants is being awarded to 70 community colleges around the country in an effort to help workers and jobseekers obtain the necessary skills to keep up with a dynamic labor market.
Government investigators have launched twin probes of the Small Business Administration's disaster loan program, as the processing of loans for victims of Hurricane Katrina lags far behind the agency's goals and past performance.
California's San Jose Mercury News, which has won accolades for the diversity of its newsroom and coverage, plans to drop its Spanish-language newspaper because the free publication is not profitable.
The U.S. Hispanic homeownership rate increased from 46.1% in September, 2003, to 49.7% in March, 2005, according to a new study by the Congressional Hispanic Caucus Institute's Hispanic Ownership, A Growing American Reality initiative.
Between 1990 and 2003, the Hispanic population grew 78 percent – more than four times faster than the national growth rate. Today, Hispanics make up the largest ethnic minority in the United States, numbering 39.9 million.
More than 20 percent of Cubans are 65 or older, while a scant 4 percent of Mexicans are in that age bracket. On the other hand, 37 percent of Mexicans and 31 percent of Puerto Ricans are younger than 18.
|From the current issue of Hispanic Business magazine...|
Since 1983, when Hispanic Business first published the Influentials directory, the numbers of titles have grown as Hispanics have successfully realized expanded opportunities in the U.S. economy and society.
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