More than 50 million Latinos live in the United States but not necessarily where we traditionally expect. In the Midwest, Hispanics are not only propping up declining populations, they're helping to bolster local economies.
Antonio Sosa is one example. His parents brought him to the States from Mexico when he was a young boy. In 2007, he became a citizen along with his father.
Originally, his parents worked factory jobs for large agribusiness companies. Today, Sosa runs New York Dollar, a small
A recent study has found that as Hispanics across the country embrace mobile technologies, banks hoping to attract Hispanic customers must change their marketing tactics to be more mobile.
The “Hispanic Mobile Banking Trends Study” — which was conducted by Zpryme Research and Consulting LLC, an Austin-based research advisory firm, and ThinkNow Research, a California-based Hispanic consumer research firm — found that 69 percent of Hispanics use their smartphone for mobile banking and 49 percent
Hispanic or Latino shoppers across the United States wield more than $1.2 trillion of buying power annually with projections of $1.5 trillion by 2015, according to Nielsen.
It comes as no surprise that Wal-Mart Stores plans to focus more on this powerful consumer group.
Stephen Quinn, executive vice president of marketing for Wal-Mart, told suppliers at the beginning year meeting last week in Orlando that the retailer’s marketing focus this year is in step with the merchandising goals of locali
Latino families will account for more than $1 out of every $10 spent in the U.S. by 2015. But despite their growing consumer purchasing power, less than 5 percent –1 out of 23 board members– of Fortune 500 companies are Hispanic, according to a new survey.
A total of 196 Fortune 500 and 66 Fortune 100 companies responded to a Corporate Diversity survey, which was sent out by Sen. Robert Menendez (D-NJ). The results show little improvement in the way of Hispanic representation on the boards of t
Hispanic-Americans are leading the way in growing coffee consumption in the United States, while the number of adults under 40 who enjoy the popular drink on a daily basis has dropped, according to an industry study released on Friday.
Of the Hispanic-Americans who participated in the National Coffee Association's National Coffee Drinking Trends 2013 market study, 76 percent said they had drunk coffee the previous day. That is up by 13 percentage points from last year.
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Latinos own smartphones, go online from a mobile device and use social networking sites at similar—and sometimes higher—rates than do other groups of Americans according to a new analysis of three surveys by the Pew Research Center.
The analysis also finds that when it comes to using the Internet, the digital divide between Latinos and whites is smaller than what it had been just a few years ago. READ MORE
According to Pew Research Hispanic Center’s new report, Closing the Digital Divide: Latinos and Technology Adoption, the “digital divide” between Latinos and other ethnic groups is closing.
The Pew report examines 2012 social media, digital technology, and mobile technology use among Latinos, whites, and blacks. The report also identifies these trends by income, education, age, education, urbanity, place of birth (foreign or domestic), and language dominance. Here are some of the key findings
Move over, China. Latin America is the new market investors are eager to break into.
In 2012, investment by private equity and venture capitalists in Latin America reached a five-year high.
New data analysis released by the Latin American Private Equity and Venture Capital Association (LAVCA) shows investment increased by 21 percent in the region, to $7.9 billion last year.
These types of investors are known for primarily taking interest in companies that present 'high risk, high reward' situat
Arizona lawmakers passed a law to dismantle a Mexican American studies program in Tucson schools, but the legislation has had an unintended effect: The controversy is renewing interest in the state and nationwide in ethnic studies and Chicano and Latino literature.
Some Tucson students have found new ways to study the subject while receiving college credit to boot. Others who had no interest on the topic say they are now drawn to the material.
"Underground" libraries with Chicano literature are
The Center for Hispanic Leadership (CHL) has awarded a scholarship to the Samuel Curtis Johnson Graduate School of Management at Cornell University - that will provide all Hispanic/Latino MBA students with access to CHL’s online Hispanic Leadership Academy (HLA). The three-year grant is a fitting next chapter in the history between CHL and Cornell University as Frank Llopis, father to CHL Founder, Glenn Llopis, was the first Hispanic student to graduate with a Chemical Engineering degree in 194
It's a decision that will be welcomed by leading Latino political groups -- but one they will likely say it's not enough.
President Obama is set to nominate Thomas Perez, an assistant attorney general in the Justice Department, to be the next secretary of labor, the White House said.
If confirmed by the Senate, Perez, who has been head of the Justice Department's Civil Rights Division for 3½ years, would take over the Labor Department as Obama undertakes several worker-oriented initiatives, inc
A historic decline in the number of U.S. whites and the fast growth of Latinos are blurring traditional black-white color lines, testing the limits of civil rights laws and reshaping political alliances as "whiteness" begins to lose its numerical dominance.
Long in coming, the demographic shift was most vividly illustrated in last November's re-election of President Barack Obama, the first black president, despite a historically low percentage of white supporters.
It's now a potent backdrop to
Paula Carde’s family business almost didn’t get off the ground, because no traditional bank was willing to extend an initial line of credit to the fledgling construction company. “I went to SunTrust, I went to BB&T, I went to Four Oaks,” says Carde, “and because our business was so new, they weren’t willing to give us enough.”
The only North Carolina financial institution willing to take a chance on Carde, her brother, and her father—all immigrants from Chile—was the Latino Community Credit Uni
As members of minority groups leave the academic world and try to enter a professional work environment, they face unique challenges.
Chris Farrell, economics editor of Marketplace Money, said on The Daily Circuit last month that networking is key to finding a good job. But one caller asked about the lack of professional networking opportunities for young minorities, and suggested a show on that topic.
David Thomas, author of "Breaking Through: The Making of Minority Executives in Corporate Ame
Whether they were the first Hispanic women justice on the Supreme Court, the first woman President of a country with the sixth largest economy in the world or ambitious stars paving their road to success in Hollywood, these women have some wise words to share about the strength, difficulties, and lessons that come with being a woman--especially a Latina woman. READ MORE
Most Latinos may have never heard of him, but Raymond L. Telles blazed trails for scores of them.
Telles, who died Friday at the age of 97, was the first Mexican-American mayor of a major city, El Paso, with a leadership style that drew praise.
Telles served two terms, pushing the city to hire Latinos for its various departments. He also had several stints as El Paso County clerk.
"Among the Mexican-American leaders whose achievements in elected and civic service continue to make possible our L
By Frank A. Diaz
It’s interesting to see the state and federal unemployment rates announced each month. The rate inches upward or downward by fractions of a percent, but that movement makes a big difference. I wouldn’t claim that NLEI makes such a big dent in the unemployment numbers, but we are trying to help people get ready for good jobs in allied health.
We’ve scheduled two of our professional training programs in April and May. If you or someone you know is exploring new career op
Two new partnerships bring a vibrant and growing Mexican tech cluster closer to the already prominent innovation economy in Massachusetts. The goal is to open doors for entrepreneurs and industry leaders on both sides of the border to broaden their potential markets and increase opportunities for collaboration and business.
The World Class Cities Partnership (WCCP) joined newly elected City of Zapopan Mayor Hector Robles for a rare and special signing ceremony during a formal session of the Za
A new analysis of three Pew Research Center surveys shows that Hispanic Americans own smartphones, go online from mobile devices and use social networking sites at similar, and sometimes even higher, rates than groups of other Americans.
The analysis, out Thursday afternoon, shows that the digital divide between Latinos and whites in this country is rapidly tightening.
“Between 2009 and 2012, the share of Latino adults who say they go online at least occasionally increased from 64 percent to 78
Last month, I had the opportunity to attend the East Coast Chicano Student Forum at Harvard University, where I had the privilege of conducting a presentation to a group of college students from Ivy League Universities eager to learn how they could follow in the footsteps of Latinos who are using Social Media to implement positive change in their communities.
There is no denying that social media as a multi-faceted tool has been an enormous success. Not only has it allowed billions of people to
