SupplyHive™, an innovative provider of Supplier Performance Management Technology, announced today that it closed $2 million in seed funding by securing investors who believe in the power of diversity and inclusion: led by LOUD Capital with co-investors Revolution’s Rise of the Rest Seed Fund and Cleveland Avenue-CAST US.
“Capital from this funding will allow the company to reach the next level of scale and impact by growing our sales and marketing resources and furthering product development a
The proliferation of financial fraud in the form of scams is undeniable. Federal data show the highest ever year-over-year rise in fraud reports between 2019 and 2020, and we know that scams are severely under-reported. We also know that when consumers are aware of specific scams, they are far less likely to engage with them, and far less likely still to lose money or sensitive information. READ MORE AT AARP
Hundreds of thousands of Latinas dropped out of the workforce over the past year. They were not just temporarily unemployed — they were forced to completely leave the labor market due to a safety net that often proved inaccessible and inequitable during the pandemic. READ MORE AT CALMATTERS
The greaser. The hot tamale. The gangster. The maid. The narco. These and other stereotypes are how Hollywood has traditionally portrayed Latinos for over a century. Even as they have become America’s largest minority, and as their box-office clout has increased, tired tropes continue. READ MORE AT LOS ANGELES TIMES
Latinos in the U.S. were hard hit by the pandemic both financially and personally, but many feel generally optimistic that the worst is behind them, according to a new study by the Pew Research Center.
The study published on Thursday surveyed 3,375 Latinos in the U.S. in March. It comes as coronavirus infections are on the upswing in the U.S. again. READ MORE AT U.S. WORLD & NEWS REPORT
Amid the recent real estate bull market, one fact has been often overlooked: More than half of home ownership growth over the past decade has come from the Latino population. That trend is expected to continue. A study by the Urban Institute forecasts Latino buyers will comprise 70% of home ownership growth from 2020-2040, serving as the growth engine of American home buying. READ MORE AT CNBC
Consumer confidence among U.S. Hispanics fell in the second quarter, though optimism about their overall finances is building as the nation continues its recovery from the COVID-19 pandemic.
The Hispanic Consumer Sentiment Index decreased to 90.8 from 92 in the first quarter, but it remains high above the 82.8 during the second quarter of last year, according to the Florida Atlantic University Business and Economics Polling Initiative (FAU BEPI) in FAU’s College of Business. READ MORE AT FLORID
So, if you’re committed to making your pastime a professional endeavour and prepared for all that entails, you might be wondering where to get started. Of course, there are various ways you could go about it, and the below is just one such method:
Start with a business plan
One of the best places to start if you’re trying to convert your hobby into a career is to come up with a solid business plan for your idea. READ MORE AT THE NEWS INTERNATIONAL
Entrepreneurs rely heavily on the networks of contacts and communities they form at industry events, conventions, business lunches, etc. The problem? We have been following the social distancing rules for Covid-19 for more than 15 months. READ MORE AT ENTREPRENEUR
Networking. A word that can summon fear into even the most resilient of entrepreneurial hearts. However, little else can grow your business as powerfully as networking can. At its core, networking is the process of building relationships. Over time, these relationships will reveal interesting and worthwhile opportunities for you. READ MORE AT BUSINESS2COMMUNITY
Despite liberal Hollywood's best intentions, every other decade becomes the emerging "Decade of the Hispanic," as if the group exists in a perpetual state of arrival. Even as the big-budget film adaptation of the Lin-Manuel Miranda musical "In the Heights" hit theaters and HBO Max last week to rave reviews, Latinos in Hollywood say they face outsize obstacles in getting stories that reflect their experiences to the screen. READ MORE AT GAZATTEXTRA
Nationally, a third of unvaccinated Latinos say they want to get the shot as soon as possible — a much higher share than unvaccinated Black or white people, according to a survey by the Kaiser Family Foundation.
But many are concerned about missing work because of side effects, have transportation difficulties or mistakenly believe they might have to pay for the vaccine, the Kaiser survey showed. READ MORE AT LOS ANGELES TIMES
While Black workers make up about 20% of New York City’s workforce, they account for less than 10% of workers in fashion, architecture, creative goods such as pottery and furniture and similar industries.
This disparity comes despite the fact that Black and Hispanic students make up 76% of New York City high schools centered on the arts. READ MORE AT NYNMEDIA
The Indy 500, held every Memorial Day weekend, is draped in Americana. Thousands of fans attend the “The Greatest Spectacle in Racing” decked out in stars and stripes attire. They stand tall when the the colors are presented, take off their hats for the National Anthem and cheer when a colossal American flag makes a lap around the track on a flatbed.
But the quintessentially American Indy 500 also is a showcase and celebration of international racing talent. In the 101st Indy 500 held Sunday, 2
According to Nielsen, Hispanics will contribute more growth than any other population segment. It is estimated that for the next 40 years, Hispanics will be the primary contributors to the total U.S. population growth, comprising 53% of growth in just the next five years and 68% of the growth for 2060. Start adjusting your strategy today to assure a profitable and sustainable future, whatever it may look like.
Hispanics are highly passionate and social. They share what they love and don’t love
Chicago Department of Public Health Expands Community Efforts with Hyper-local Vaccine Events as Chicagoans Encouraged to Get Vaccinated Through the Holiday Weekend
May 25, 2021
Community vaccine efforts are an extension of the Protect Chicago Plus program
COVID-19 Joint Information Center media.coronavirus@cityofchicago.org
CHICAGO—The Chicago Department of Public Health is hosting dozens of COVID-19 vaccination pop-ups and special events throughout the city this week and into the Mem
About half of the U.S. population is now fully vaccinated against COVID-19, and key to that figure is a surge in Latinos in the U.S. getting a vaccine. That group had been trailing the vaccination rate for white people in the U.S. by 9%. And now, that gap has been cut in half. But the gains are spotty. READ MORE AT NPR
Executives assess demographic data about their company and make decisions about their D&I success by comparing it to a benchmark. If the numbers are low, they seek to “solve” the problem via talent acquisition or by fast-tracking promotions. This may boost their demographic figures temporarily, but the improvement typically doesn’t last. READ MORE AT HBR
White men now make up the minority of business owners in the United States, a shift driven by fast growth in women- and LatinX-owned businesses, and one that has profound implications for the country’s finance and innovation infrastructure.
LatinX owned businesses have been growing at a rate of two- to-four times the rate of the overall population since 2015, when Porras’s organization began surveying them. He estimates that there are 1 million net new LatinX-owned businesses created every five
With more than half of all Hispanic and Latino Americans unable to set up a basic checking account or send and receive money, the pandemic has highlighted the deep divide between those who are able to access digital banking, and those who are not.
Cuentas (Nasdaq: CUEN), a Miami-based fintech company focused on serving the Hispanic and Latino communities, is looking to narrow that divide, if not eliminate it outright - one card and one app at a time. READ MORE AT THE STREET
