Wednesday, August 16, 2017

Report: How Latinos Are Powering the U.S. Economy

A new report finds that the Latino population in the U.S. has a price tag of about just over two trillion dollars. If the Latino Gross Domestic Product (GDP) were its own country, it would rank as the 7th largest in the world, according to data publicly available at the U.S. Department of Commerce and […]

Report Finds Latino and Black Millennials ‘Financially Fragile’ Compared to White Peers

On Friday, the Young Invincibles, an advocacy ground committed to expanding economic opportunities for millennials, published a report that found disparities in financial health among white, black and Latinx young adults. The report’s author Kelly Hernandez used the term ‘Latinx’ as a gender neutral reference to the Latino population. Research found that 12 percent of […]

Latino Millennial Home Ownership Key to Housing Market Growth

According to “The State of the Nation’s Housing” study by the Joint Center for Housing at Harvard University, minorities are expected to drive three-quarters of the gains in the U.S. households in the decade of 2015-2025, and Hispanics will account for one third of those gains. The future of home ownership in America will be […]

Surge in Latino Homeless Population in Los Angeles

Recent figures released by Los Angeles show Latino homelessness shot up by 63% in the county last year, with an overall increase of 23% despite increasing efforts to get people off the street. Although nearly all demographics, including youth, families and veterans, saw an increase in homelessness, Latinos particularly delivered one of the sharpest rises, […]

Why Marketing to Hispanics is Not Just About Speaking Spanish

Yahoo recently conducted a study with Ipsos on Hispanic millennials, and over half of the respondents said it’s about time that advertisers recognized that Hispanics shop too. Hispanic buying power has been growing exponentially, and it has become increasingly important for marketers to craft a marketing strategy that thoughtfully appeals to their specific interests. According […]

Dems Introduce Bill to Grant Farm Workers Legal Status

This week, Senator Dianne Feinstein (D-Calif.) and the Democrats introduced a bill to give foreign agricultural workers a path to legal citizenship. The bill would grant agricultural workers a “blue card,” offering them temporary residency and a work permit, granted they had worked in the industry for 100 days over the past two years. “The […]

Trump’s U.S. Treasury Pick to be 7th Latina Treasurer

President Trump has nominated Jovita Carranza for U.S. Treasurer, making her possibly the 7th Latina to hold that position since the Nixon administration. Once confirmed, Carranza’s signature would be on American’s paper money and she would oversee the U.S. Mint, Bureau of Engraving and Fort Knox, and serve as a liaison to the Federal Reserve. […]

May Day Rallies Also Manifest ‘Day Without Immigrants’

On May Day Monday, thousands of immigrants, activists, workers and allies, in more than 40 cities across the country, took to the streets to join in the national “Day Without Immigrants” strike. Organizers said the protest was in response to President Trump’s anti-immigration policies. “We’re looking for protection and respect for the immigrant community, especially […]

U.S. Loses Trade Battle with Mexico

Mexico just won a trade battle with the U.S., and it’s the first loss for the Trump administration. On Tuesday, the World Trade Organization (WTO) ruled in Mexico’s favor, granting it the ability to impose trade sanctions worth $163 million a year against the U.S. According the WTO the trade sanctions are equivalent to the […]

Dems Blast Trump for Risking Government Shutdown Over Border Wall

On Monday, Dems blasted President Trump for pushing for border wall funding despite the possibility of a government shutdown. Lawmakers must pass legislation by Friday night to keep the government open past April 28, but they are currently at an impasse with the White House. “Our appropriators were well on a path to resolving their […]