If it seems like the rest of the world is getting richer, it's true, it is.
The world's wealthiest people had a record-breaking good year in 2011, says Forbes magazine, which released its list of the globe's billionaires. During the year, 214 people became billionaires, bringing the world's total to 1,210 people holding $4.5 trillion. These billionaires' wealth is larger than the Gross Domestic Product of Germany.
THE LIST: World's richest people as ranked by 'Forbes' magazine
These wealthy ind
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It's official: Latinos are the new majority across the Coachella Valley.
Their numbers are up, and dramatically so.
In 2000, roughly 122,000 Latinos called the valley home.
In 2010 U.S. Census data released Tuesday, that number is now 187,900, a 54 percent increase. The total includes the valley's nine cities, Bermuda Dunes, Mecca, Thermal and Thousand Palms.
The 65,900-plus Latinos gained in the past decade across the valley are nearly the equivalent of adding another Desert Hot Springs and
“America cannot become the world leader in college degrees, nor will it have a globally competitive workforce
Despite "significant" job growth in sectors with high Hispanic participation, Latinos face ever greater job insecurity, according to a report released Monday by the National Council of La Raza.
While Latinos "are making important contributions to the industries that are helping drive our economic recovery," they remain "in a precarious position when it comes to keeping their jobs and advancing in the labor market," Eric Rodríguez, NCLR Vice President of Research, Advocacy and Legislation, said
But what is the true picture of how women are really doing in the U.S.? How a
Those eye-catching numbers represent the immense, and largely untapped, scale and wealth of the Hispanic-American media market. Put into greater perspective, if Hispanic-Americans comprised their own country, it would be the fifth-largest, by population, in the European Union. And this demographic is growing -- rapidly.
Despite thes
By The Associated Press
WASHINGTON – The number of Americans who owe more on their mortgages than their homes are worth rose at the end of last year, preventing many people from selling their homes in an already weak housing market.
CoreLogic said Tuesday that about 11.1 million households, or 23.1 percent of all mortgaged homes, were underwater in the October-December quarter. That's up from 22.5 percent, or 10.8 million households, in the July-September quarter.
The number of underwater mortgag
According to newly released U.S. Census Bureau figures, around 756,000 Latinos live in Washington, more than 21,000 of them in Spokane County, accounting for 4.5 percent of the county’s population.
Spokesman.com reports that although most Latinos living in Washington are in King, Snohomish and Pierce counties on the West Side, the most recent census numbers show Hispanic d
In 2010, Americans started their own businesses at the highest rate in 15 years—but they were more apt to go at it alone, says a new study.
According to a study done by the Ewing Marion Kauffman Foundation, there were 565,000 new businesses created per month in 2010 (.34 percent of American adults created them). That's the same as the 2009 rate, but an uptick from 2007, and "represents the highest level over the past decade and a half," says the study. But the rate at which these businesses emp
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The Departments of Housing and Urban Development (HUD) and Treasury released their Monthly Housing Scorecard for February on Wednesday afternoon.
This monthly report is an attempt to encapsulate the Obama Administration's efforts to stabilize the housing market and provide a snapshot of the status of that market. It contains a round-up of information from both public and private sources, most of which has already been reported here on MND. The Scorecard is issued simultaneous wi
I grew up in Laredo, Texas, where the Latino population has always hovered close to 90 percent. I don’t remember being conscious of that, there were no Latinos or non-Latinos, we were all just people. Everyone had rich vowels in their names, mixed Spanish with their English and had tíos and primos.
So the recent revelation that Latinos will be the majority in Texas by 2040 was, for me, a foregone conclusion. Even all these years later, living in San Antonio for more than 25 years, the announcem
Fresh off last week’s U.S. Census data showing phenomenal growth among Oregon Latinos, particularly in the Portland area, comes an interview with the head of a leadership development program aimed at teaching Latino community members how to become involved in city government.
Cynthia Gomez, a program director for the nonprofit advocacy group Latino Network, says the Diversity and Civic Leadership Academy has produced more than 50 alumni to go along with 40 participants who are currently enrolle
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BabyCenter®, the #1 pregnancy and parenting online destination worldwide, has released the results of a comprehensive study about Latina moms. The Hispanic Moms Acculturation study, part of the 21st Century Mom™ Insight Series, offers key insights into the influence of acculturation on moms' behaviors and preferences related to shopping, mealtime, media consumption, and more.
(Logo: http://photos.prnewswire.com/prnh/20110214/CL46994LOGO-a )
The acculturation study interviewed 2,479 Hispanic an
Facebook gets people in trouble all the time. From ending relationships to derailing careers, the most popular social network in the world is a place where using caution is paramount.
But for one Spanish nun, not even her good deeds were enough to keep her from getting kicked out of her convent because of Facebook.
María Jesús Galán, known as "Sor Internet" or "Sister Internet", told a Spanish newspaper she was asked to leave her convent because she was on Facebook too much.
The 54-year-old Dom
More than a third of Texas residents are Latinos, according to new figures from the U.S. Census Bureau, which show that Hispanics have also increased their presence significantly in Oklahoma, Illinois and South Dakota.
Texas was the state whose total population grew the most between 2000-2010, by 4.3 million people, or 20.6 percent, to more than 25 million, second only to California.
Sixty-five percent of that demographic increase was due to Hispanics, which now number 9.46 million.
In the last
Between 2000 and 2010, the Latino population in Illinois grew 33% from 1.5 million to 2.0 million, and the Latino share of the population grew from 12% to 16%. At the same time, the non-Latino population declined slightly by 0.8%. The st