McKinsey research reveals interventions that can help boost Latino participation in the US economy and strengthen the nation’s economic performance overall. 

Senior Partner, Lucy Pérez, how greater support for Latino workers, business owners, consumers, savers, and investors in the United States could create economic opportunities not just for individuals and families in this demographic but also for the whole country. READ MORE AT MCKINSEY RESEARCH

YouTube TV now offers a streaming plan featuring only Spanish-language channels and is also beefing up the lineup of Spanish-language content with a new add-on for the virtual MVPD’s base package.

The new option, called Spanish Plan, costs $34.99 per month (with an intro rate of $24.99 per month for the first six) and features 28 channels in Spanish including ESPN Deportes, Fox, Cine Latino, CNN Español, Discovery en Español, Tastemade en Español, Nat Geo Mundo, and Estrella TV, among others. Users of the Spanish Plan don’t need to subscribe to a basic YouTube TV plan. READ MORE AT FIERCE VIDEO

The Hispanic retail sector and manufacturers of products aimed at Latino consumers will benefit from the drive of intrepid Latino small business entrepreneurs in the United States. 

Even with notable disadvantages such as access to credit, Latino small business owners are the fastest-growing group of entrepreneurs in the United States. READ MORE AT ABASTO

A national Latino nonprofit is spearheading an initiative to boost digital skills and provide workforce training among Hispanics.

The Hispanic Federation is partnering with Comcast NBCUniversal Telemundo to support digital skills training through the Latino Digital Equity Centers Initiative, the organization announced Tuesday. READ MORE AT NBC NEWS

We have witnessed the tremendous buying power of Hispanics as their homeownership rates skyrocket. And yet, many Spanish-speaking customers run into roadblocks when it comes to financing. According to the National Association of Hispanic Real Estate Professionals, Latinos experienced a 19.1% home purchase denial rate for conventional loans and were 81% more likely to be denied than their non-Latino counterparts. READ MORE AT NATIONAL MORTGAGE PROFESSIONAL

The National Museum of the American Latino will debut its inaugural gallery in the National Museum of American History on June 18. The new American Latino museum likely won't open in its own building for at least another 10 years, but the Smithsonian will roll out exhibits until the museum finds its permanent home. READ MORE AT CNN

Last year, about half of Latino households in the U.S. were homeowners. And according to the Urban Institute, this group could make up 70% of new homeowners over the next two decades. But new findings suggest Latinos are more likely than any other ethnic group to use risky home financing. READ MORE AT KGOU OKLAHOMA

More than being an excuse to treat oneself to nachos, tacos, mezcal and margaritas, Cinco de Mayo has a history that runs deep and continues to serve as a vehicle conveying Mexican culture, pride and values.

Here are a few things to know about the day. READ MORE AT THE NEW YORK TIMES

U.S. small businesses in general are still in recovery mode from the effects of Covid-19; however, new research from the Latino Business Action Network (LBAN) shows Latino businesses are playing an important role in the U.S. economy through business ownership and job creation. READ MORE AT FORBES

Latinos in the U.S. and Latin Americans are more likely than others to reconsider the workplace after the pandemic, Marina writes. Two-thirds of Latinos polled in Microsoft’s  say they are now much more conscious about prioritizing health over their work when it comes to going to the office, and 60% say they are considering changing jobs in response. READ MORE AT AXIOS

Although Latinos and other people of color are avid moviegoers, they are deeply underrepresented on-screen, two recent reports show. The big picture: The first year of the pandemic ravaged the movie industry, with a 72% drop in ticket sales, but research shows that Latino, Black and Asian Americans helped keep it afloat. READ MORE AT AXIOS

Jefa-Owned (owned by a Latina Boss), a national visibility campaign under PepsiCo's Juntos Crecemos platform, calls upon Latinas in the food and beverage sector to apply for the Juntos Crecemos Hispanic Digital & Delivery Program, an eight-week personalized business building program.

To mark the launch, PepsiCo leaders joined Latina business owners for the Nasdaq Opening Bell Ceremony, where they unveiled the first-ever Jefa-Owned neon sign, designed by PepsiCo. READ MORE AT CISION

While the pandemic shook the personal finances of millions of people, Hispanics seem to have learned the lesson of saving for an uncertain future and not overspending.

Sixty-nine percent of respondents say they learned how much credit cards really cost looking at interest rates and fees. The respondents added that they now not only look for low interest rate cards, but also cut back on their use and pay more than the minimum payment each month. READ MORE AT BELATINA

A new study finds many Latino parents are hoping their children make better choices with their money than they did. Only 51 percent of Latinos would want their children to make the same financial decisions (saving, investing, and budgeting) that they did.

A recent survey of 2,000 Americans between 18 and 41, half of whom identify as Latino, found that non-Latino respondents were much more likely to want their children to learn from and model their own money habits (76% vs. 51%). READ MORE AT STUDYFINDS

Right now, Latinas earn $.57for every dollar a non-Hispanic man makes, which adds up to thousands of dollars lost in wages a year — and more than a million over a lifetime. That means even Latinas who work full-time and year-round may never catch up to their male counterparts. HEAR CONVERSATION ON NPR

Across the United States, Latino homeownership is expanding at a record pace, with younger buyers fueling much of the increase, data show. The rise is altering the real estate landscape in many pockets of the country and making this demographic a growing force in the sharply rising housing market. READ MORE AT THE WASHINGTON POST

In 2018, the Census Bureau projected that in 2060, Hispanic people will comprise 27.5% of the total population, with 111 million Hispanic individuals residing in the United States.

Hispanic people are the largest minority in the United States. Only Mexico has a larger Hispanic population than the United States. READ MORE AT KTVZ NEWS

Women make great contributions to STEM every day, and most organizations acknowledge this. In fact, 85 percent of organizations believe that a diverse and inclusive organization is crucial to encouraging different perspectives and ideas, and powering innovation. Yet, women remain underrepresented, particularly in top executive roles, and although organizations are setting ambitious diversity strategies, they often fall short. READ MORE AT TECHNOLOGY NETWORKS

Economies across the globe face a double-headed threat: record levels of unemployment and towering public debt. Over the past two years, many western governments' response to one has come at the cost of the other; furlough schemes and stimulus cheques have left government balance sheets looking worryingly red.

It’s time to take a more aggressive approach. READ MORE AT THE HILL

Just 18.7% of all businesses in the US are minority-owned, despite ethnic and racial minorities making up 40% of the population. For entrepreneurs of colour who face systemic barriers like a lack of funding, choosing the right location to start or scale a business is important. 

If you’re a startup owner of colour looking for funding, resources and support, these top 10 cities are worth relocating to, a JobSage report reveals. READ MORE AT BUSINESS CHIEF