Business + Your Money Hispanic y Latino News & Info (Noticias)
November 23, 2009
Job Creation and Recovery for All: African-Americans, Latinos and The Stimulus Part II
Women and Minorities Getting Left Out of Green Job Market, New Study Finds
Americans Running South: Why We are Flocking to Mexico for Work
November 19, 2009
MoneyGram International Temporarily Reduces Money Transfer Fees from the United States and Canada to El Salvador – MoneyGram International Reduce Temporalmente Sus Tarifas De Envíos de Dinero Desde Estados Unidos y Canadá A El Salvador
November 18, 2009
New Study Demonstrates Hidden Credit Card Fees Take From the Poor and Give to the Rich – The report found that through imposing swipe fees on every transaction paid by plastic and requiring those fees to be buried in prices to consumers, the credit card industry ensures that the top 10% of Americans get $354 million in frills while the bottom tier pays $669 million more than they should.
November 5, 2009
Older Hispanics hit by high jobless rate – The AARP is holding a forum focusing on older Hispanic workers, who were among the first to be laid off when the recession hit.
November 2, 2009
Translating finance, in dollars or dinero – Lynn Jimenez’s “¿Se Habla Dinero? The Everyday Guide to Financial Success”
October 30, 2009
Study Emphasizes “Economic Value” of Spanish in U.S., Brazil – salaries of bilingual Hispanics in US are 2.7% higher on average than those for Hispanics who only speak English.
October 29, 2009
New Study Shows that for Latinos in NYC, The Recession is a Depression
October 27, 2009
Credit card companies’ tactics remind consumers of color of subprime mortgage fiasco – in reverse
October 14, 2009
A glaring lack of retirement preparation within the U.S. Hispanic community could contribute to a national crisis.
October 12, 2009
BLACK AND HISPANIC RETIREES UNABLE TO MEET BASIC ECONOMIC NEEDS
October 9, 2009
New Study Reveals Significant Challenges Hispanic Americans Face in Preparing for Retirement
Hispanics and Retirement: Challenges and Opportunities
Los Hispanos y Su Retiro: Retos y Oportunidades
October 5, 2009
Remittances sent home by Mexicans living abroad, especially in the United States, fell 15.1% to $1.78 billion in August compared with the same month last year, the central bank reported.
September 30, 2009
More Hispanics (45%) said they are taking money out of savings and investments to help pay expenses than adults overall (42%).
Latino homeowners shorn of mortgage interest tax deductions
September 24, 2009
Half of New Latino Immigrants to U.S. Send Money Abroad :: U.S.-born Latinos are much less likely to send remittances, unless they report being religious
Sampson County Health Department employees who are in the public health sections of the department and are bilingual in Spanish will receive a salary hike of 5% – North Carolina
September 17, 2009
Latinos save less for retirement – part two
September 9, 2009
Latinos save less for retirement – part one
August 24, 2009
Unemployment in California hits post-World War II high – In July, Latino unemployment rate hit 12.7%, dwarfing the white jobless rate of 9.5%
August 18, 2009
Unemployment In New England Highest Among Latinos – Unemployment among Latino men has tripled since 2007.
August 3, 2009
Struggling Mexico City hopes to lure tourists with free insurance through Tourism Assistance Card
AT&T Makes It Easy and Affordable to Call Mexico New ‘AT&T Viva Mexico’ Rate Plan Offers Great Value To Customers By Eliminating Long Distance And Roaming Charges
July 14, 2009
The severe recession in the United States will cause remittances to Latin America and the Caribbean to fall by at least 6.9 percent this year, the World Bank said Monday.
Groundbreaking Study Reveals African-Americans and Hispanics Significantly Less Prepared for Retirement Than Their White and Asian Counterparts
July 13, 2009
Payday lenders are nearly eight times more concentrated in California’s Black and Latino neighborhoods as compared to white neighborhoods, draining these communities of $247 million in payday loan fees.
June 25, 2009
MetroPCS is First North American Carrier to Offer Unlimited International Calling for $5 per Month – including Mexico and South America
June 23, 2009
Puerto Rico and the Dominican Republic will launch joint multi-destination tourism packages that could come on the market starting in September, Puerto Rican tourism authorities announced Monday.
Cuba Travel Services, Inc., to Relaunch Weekly Non-Stop Flights from Los Angeles to Havana June 30
June 22, 2009
Eighty-six Latino families in Orlando who sought to modify their home mortgages through the company Wineberg, Lopez & Rodriguez are now claiming to be victims of fraud, reports La Prensa
June 19, 2009
Viva El Mercado: Phoenix Pro’s Market – reviews of three Valley Mexican grocery store chains, in honor of the opening of Walmart’s Supermercado
June 18, 2009
Hispanics Taking Control of Their Finances
June 15, 2009
Computer ‘raid’ in Vernon leaves factory workers devastated – No immigration agents descended on Overhill Farms, a major food-processing plant in Vernon. No one was arrested or deported. There were no frantic scenes of desperate workers fleeing la migra through the gritty streets of the industrial suburb southeast of downtown Los Angeles. For more than 200 Overhill workers, however, the effect was devastating: All lost steady jobs last month
April 27, 2009
Economy has Latinos downsizing quinceañeras
March 24, 2009
Florida Attorney General Bill McCollum on Monday sued a Miami company, alleging the company targets Hispanics facing foreclosure and charges them upfront fees to modify their mortgages. – Lincoln Lending Services LLC
March 11, 2009
A California company wants its customers to feel as comfortable using self-serve money transfer machines as they do using ATMs. San Bruno, Calif.-based Nexxo Financial Corp.’s technology allows immigrants to send money home via automated teller-type machines to bank branches and pickup centers in Latin America.
January 21, 2009
Salvadorans living abroad sent home about $3.8 billion last year, an increase of 2.5 percent despite the global economic turmoil.
Mexico turns to tourism in midst of crisis – counting on its weakened currency against the dollar and its proximity to the U.S. to attract recession-shocked Americans and fuel its tourism industry
December 29, 2008
What Carriers Aren’t Eager to Tell You About Texting – TEXT messaging is a wonderful business to be in: about 2.5 trillion messages will have been sent from cellphones worldwide this year. The public assumes that the wireless carriers’ costs are far higher than they actually are, and profit margins are concealed by a heavy curtain.
December 23, 2008
Latinos are (and aren’t) coping well with recession
December 17, 2008
A Huntington Park businessman allegedly preyed on thousands of mostly Hispanic investors in a Ponzi scheme that promised 84 percent annual returns on real estate. Federal prosecutors say Milton Retana, a Salvadoran who owns Best Diamond Funding, got $62 million from investors. – California
Products Marketed to Latinos Can Be More Expensive
December 3, 2008
If you’re getting ready to start a business or have one that already exists, you might want to consider the fact that by the year 2010, Hispanics will make up one-third of the U.S. buying market.
November 21, 2008
New Financial Center Opens Doors For Denver’s Low-Income Families – Mas a Ti launch gives communities hope and opportunity in the middle of U.S. financial crisis – NCLR
October 21, 2008
JUSTO A TIEMPO PARA LAS FIESTAS, VIRGIN MOBILE USA, BAJA EL PRECIO EN LLAMADAS PREPAGADAS INTERNACIONALES A LOS MERCADOS DE LATINOAMÉRICA, SUDAMÉRICA Y ASIA CON TARIFAS TAN BAJAS COMO A DOS CENTAVOS EL MINUTO.
September 30, 2008
The fastest-growing segment of U.S. home buyers is also among those facing the greatest risk of foreclosure, two top federal housing officials told a group of Hispanic real-estate professionals meeting in Phoenix this week. – Hispanics
September 26, 2008
The Securities and Exchange Commission has filed a civil injunctive action in Miami federal court against Ricardo H. Goldman, for operating an unregistered securities day trading firm that primarily targeted investors in the Hispanic community.
September 25, 2008
The Current Financial Crisis, the Real Estate and Mortgage Crunch, Job Insecurity, and Climbing Prices at the Pump and at the Grocery Store, Are Threatening the Financial Future of Hispanic Families
September 24, 2008
Dallas Hosts Diversity Job Fair for Hispanic and Bilingual Professionals
September 22, 2008
Free Spanish Language Package Available to New Verizon FiOS TV Customers in California
Miami moms’ dolls are all about nostalgia – Baby Abuelita
Hispanic Americans Pay Higher Used Car Loan Rates Hispanic America Saves Outlines Steps to Avoid Costly Loans :: Hispanos Pagan Intereses Más Altos en los Préstamos de Autos Usados Hispanic America Saves Detalla los Pasos para Evadir los Préstamos Costosos
September 11, 2008
At Senate hearing, prepaid phone cards get minute scrutiny – Too many prepaid calling cards don’t deliver what they promise
September 5, 2008
Unemployment Rose to 6.1 Percent in August. Hispanic Unemployment at 8 Percent
August 14, 2008
Synovate study finds U.S. Hispanics and African-Americans still have much lower ownership of several financial services and products
July 29, 2008
Many African-American and Latino Families in Danger of Falling Out of Middle Class, According To New Report – 80% of Latino middle-class families are on shaky financial ground
July 24, 2008
DVDs aim to advise Hispanics on financial literacy
July 22, 2008
Poor financial advice, habits hurt many Hispanic
July 17, 2008
Collin County Commissioner: Bilingual Employees Should Not Be Paid More – Spanish Speakers Get 3 Percent Higher Starting Salaries – Texas
June 19, 2008
U.S. slowdown squeezes Mexico’s migrant worker bounty
June 18, 2008
Poor financial advice, habits hurt many South Florida Hispanics, blacks
June 11, 2008
Organization of retirees surveys Hispanics, finds many concerned about economy – Hispanic MPR
June 5, 2008
Pew Hispanic Center Report: Latino Labor Report, 2008: Construction Reverses Job Growth for Latinos
June 4, 2008
Miami Residents Learn Spanish To Improve Job Prospects
Massachusetts sues H & R Block over its mortgage unit’s lending practices – The complaint alleges that the sub-prime division discriminated against black and Latino borrowers.
In South Florida, Eviction Spares Few – (almost everyone in this article from the New York Times is Latino)
May 28, 2008
Hispanic women face wage gap compared with others in the U.S. – Legal status, education level and language barrier can impact pay
Did You Know? As a whole, Hispanic households are the least ready for the transition (to digital TV). As a result, the effect of unready households on total viewing is more likely to affect Hispanic networks than Anglo networks. Viewing to unready sets accounts for 17 percent of prime-time viewing to English-language broadcast networks and 26.8 percent to Spanish-language broadcast networks.
May 13, 2008
For Hispanics in U.S., a dream is going sour – (along with the economic downturn – dare I say ‘recession’)
May 8, 2008
Remittances from Mexican Immigrant Communities in the U.S.: How Are They Perceived in Mexico?
May 7, 2008
Successful Retirement Ranks High Among Financial Goals for Hispanic Americans
May 5, 2008
Money train runs from here to Mexico – remittances from Madison, Wisconsin
Mexican bus lines watched after accidents, indictments
April 30, 2008
Fewer Latino Immigrants Sending Money Home – Only 50 percent of some 18.9 million Latino immigrants in this country now send money regularly to relatives in their home countries, compared with 73 percent two years ago, the survey found.
April 25, 2008
Shortchanging phone cards probed
April 14, 2008
Florida investigates complaints about prepaid phone cards
April 9, 2008
Realty tightens standards for its Hispanic customers
March 24, 2008
Did You Know? Dallas has some of the highest rates of foreclosures in the country, and Texas is among the states with the highest share of subprime loans, according to the Consumer Federation of America. A good chunk of those loans in Dallas — about 22% — were made to Latinos.
March 17, 2008
Author speaks to Latins in need of financial help – Radio personality Lynn Jimenez has written a financial how-to that is aimed at Hispanics but is a good primer for anyone looking for ways to manage their money.
March 10, 2008
Weakening housing market threatens Latino wealth
February 26, 2008
Did You Know? Virginia’s median household income ($55,500 in 2006) exceeds that for Hispanic immigrants ($48,300), and is lower than that for Hispanic citizens ($62,800)
January 30, 2008
Comcast Adds Mexico Calling Plan to Comcast Digital Voice(R) Service – Houston
January 29, 2008
Did You Know? $4.8 billion is the estimated Hispanic buying power in Indiana.
January 24, 2008
NSHP and LatPro Expand Nationwide Job Fair Series for Bilingual and Hispanic Professionals
January 23, 2008
Dominicans abroad funneled US25.7B to economy in just 10 years
January 10, 2008
Aerogal Arrives In Miami; the City Officially Becomes Its First U.S. Destination – Ecuador
First National Bank’s Centro Latino de Educacion Financiera Helps Immigrant Population Learn American Banking System – Omaha
January 7, 2008
Unemployment Continues to Rise – Hispanic Males Feel the Impact – HispanicBusiness.com
Did You Know? When asked if there is a particular segment of diverse workers they plan to target more aggressively in 2008, employers pointed to Hispanic workers, women, African American workers and mature workers. Almost half of employers said, in addition to English, Spanish is the most important language for bilingual hiring.
January 3, 2008
Making a magnet: Channeling remittances into investment in Mexico chips away at the cause of illegal immigration | Chron.com – Houston Chronicle
November 26, 2007
Immigrants Create Almost a Quarter of New York State Economic Output ($229 billion) – Fiscal Policy Institute Report: Immigrants in New York State
November 19, 2007
Housing foreclosures hits Latino homeowners hard
November 15, 2007
Office Accounting Express Is Still Free, Now Bilingual – Microsoft – (interesting and kudos to them)
October 24, 2007
Study counts cash sent home by migrants – ($24.2 billion to Mexico)
October 20, 2007
San Diego County remittances to Mexico hit $1.1 billion
October 16, 2007
The Tap Is Closing – Immigration and unemployment are affecting how much money is being sent from the US, which is doing severe damage to Latin American economies which depend on these remittances.
October 15, 2007
AT&T unrolls new international wireless plan for calls to Mexico
September 27, 2007
A Cellphone Without Borders – (very, very interesting and cool)
September 18, 2007
Target celebrates Hispanic Heritage Month with exclusive Latino-designed merchandise
September 16, 2007
In a report to Congress that’s certain to generate controversy, a new Federal Reserve study concedes credit scores vary “substantially” among different racial and ethnic groups.
September 13, 2007
US lenders charge higher rates to black and Hispanic borrowers
September 11, 2007
Rising US unemployment is reducing remittance flows to Latin America
September 10, 2007
Did You Know? Latino-American women earn 42 percent less than men
Did You Know? By 2010, Latinos in the United States will have a cumulative purchasing power bigger than the economies of Canada or Mexico
August 21, 2007
Did You Know? Though dropping, Latinos still account for a third of people making less than $8.50 an hour.
Pew Hispanic Center Report: 1995 – 2005: Foreign-Born Latinos Make Progress on Wages – Wages rise for foreign-born Latinos
August 18, 2007
Coors Brewing Company Provides Hispanic Community Leaders with Unique Professional Development
August 13, 2007
Did You Know? Between 2006 and 2011 Hispanic buying power is projected to grow a formidable 48%, to almost $1.2 trillion, according to data from The University of Georgia’s Selig Center for Economic Growth.
Did You Know? Arizona’s Hispanic residents will have more than $28 billion to spend this year on everything from burritos to back-to-school backpacks
August 9, 2007
San Diego is Site for Hispanic Hotel Owners Associations Second Hotel Investment Seminar
Fewer Mexican Immigrants Are Sending Money Back Home, Bank Says
July 26, 2007
Justice Department probes allegations of discrimination in mortgage lending
July 25, 2007
Latino access to banks promoted – New Orleans
Travelocity Launches Online Travel Site for Mexico
July 24, 2007
THE TOMÃS RIVERA POLICY INSTITUTE RELEASES SUMMARY FINDINGS ON THE UNRECOGNIZED AND RISING AFFLUENCE OF LATINOS
July 17, 2007
Wells Fargo Launches Enhanced Remittance Service; Offers Zero Dollar Transaction Fee
LoJack & Its Mexican Licensee Enter Agreement to Provide Powerful Solution to Cross Border Vehicle Theft
Western Union to return fees from seized wire transfers
July 12, 2007
Quinces fit for a queen – S.W. Florida businesses responding to growing demand for expensive, elegant traditional Hispanic coming-of-age parties
June 24, 2007
Millions do without bank accounts – (tend to be minorities – several Hispanics quoted)
June 14, 2007
Hispanic Hotel Owners Association to Hold Hotel Investment Seminar for High Net-worth Latinos in Miami, June 26-27
June 13, 2007
Chase sets free Mexico money transfers in NY area
June 5, 2007
Launch of the Only Spanish-Language Home Shopping Channel in the United States and Puerto Rico
May 31, 2007
AT&T Offers International Long Distance Texting
May 23, 2007
Bilingual job applicants in demand
May 14, 2007
Appraising the Personal Finance Needs of the Hispanic Community
May 13, 2007
Blacks, Latinos paying higher interest rates than whites for cars
May 3, 2007
Owner of Emigrant Direct launches BancoFortuna.com, an online high-yield savings account for Spanish speakers.
April 30, 2007
Mobile Remittances Create New Banking Model
April 26, 2007
Did You Know? After increasing an average of just over 23% a year since 2000, remittances for the first two months of 2007 were just 5.5% ahead of the same period last year, according to Mexicos central bank
April 13, 2007
Latino buying to shape future
Foreclosure Wave Said to Hit Latinos Hard
April 12, 2007
Fairs aim: linking bilingual Latinos to careers- Washington
April 8, 2007
Tax Prep Chains Attract Immigrants
April 2, 2007
Lenders giving Latino market more attention
March 30, 2007
Aeromexico Expands Los Angeles Service to Aguascalientes and Leon/Bajio
March 25, 2007
Beauty products for minorities move to front shelves
March 21, 2007
Farmers Insurance is Seeking Qualified, Bilingual Candidates for Career Opportunities
March 19, 2007
Language skills build up job safety – LeapFrog-based system offers Spanish-speaking workers a way to learn industry-specific English words, expressions
February 26, 2007
Wells Fargo to Offer Cards to Undocumented Customers
February 23, 2007
Companies seek bilingual employees – Greensboro, North Carolina
February 22, 2007
Whirlpool taps into Latino traditions – STOVE FEATURES COMAL AND BILINGUAL CONTROLS
February 15, 2007
Area banks seeking to land more Spanish speaking customers – Ohio
February 13, 2007
Spanish/English Bilinguals in Demand in Santa Maria
February 12, 2007
New bank in Fellsmere caters to Hispanics – Florida
February 5, 2007
Bergen credit union caters to Hispanics – New Jersey
February 1, 2007
American Airlines, Inc. :: Booking In Espanol is Easy at AA.com
January 10, 2007
Arizona Court Rules in Favor of Western Union on Money Transfers (supporting Hispanics sending money home to Mexico)
December 14, 2006
Did You Know? In Richmond, California 61.4 percent of home loans made to Hispanic borrowers were higher-cost loans.
November 9, 2006
Fidelity National Title reaches out to Spanish speakers – California
November 8, 2006
Hispanics Rejected by 2-to-1 Ratio. Mortgages
November 7, 2006
Lenders look to serve Latino market
November 3, 2006
LAT Money Center Introduces Nationwide Program That Offers Mortgage Financing to Undocumented Workers
