The Latino economy in the US is “the fifth largest in the world”: report
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The economy of Latinos in the United States has reached $3.2 trillion, according to the Official Report of the 2023 Latino Gross Domestic Product released …
Remittances: Immigrants “are not going to stop sending money” despite changes in the US economy
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Susy Castillo is from El Salvador and religiously sends remittances twice a month for a total of $1,800. She, like many immigrants in the United …
Economy of Latin America and the Caribbean will grow 2% in 2023 but will continue to lag behind, predicts the World Bank
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The economy of Latin America and the Caribbean will grow 2% this year compared to the projected 1.4%, an increase that is still not enough …
Street exchange houses, another face of dollarization in Venezuela
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“I buy dollars, I buy dollars!” shouts César Rivas at intervals throughout the day from an old, broken chair. In his hand he has a …
Wage gap in the US: Latinas must work almost twice as hard to earn the same as a man
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Latinas receive 57 cents for every dollar earned by non-Hispanic white men in the United States, a fact that demonstrates the large wage gap that …
US employers added 336,000 jobs in September
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The nation’s employers added 336,000 jobs in September, an unexpectedly strong increase that suggests many companies remain confident enough to keep hiring despite high interest …
Venezuela reports inflation of 8.7% in September, according to Central Bank
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Venezuela reported inflation of 8.7% in September compared to 7.4% in August, the Central Bank said on Friday. With the September variation, accumulated inflation in …
Fed’s Bowman says raising rates again will probably be appropriate
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Federal Reserve Governor Michelle Bowman on Saturday reiterated her view that inflation remains too high despite “considerable” progress in reducing it, and that the US …
Claudia Goldin wins Nobel Prize in Economics for her studies on women in the labor market
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Claudia Goldin, a professor at Harvard University, won the 2023 Nobel Prize in Economics this Monday for her studies on the gender gap in the …
IMF raises estimate of GDP growth in Latin America and the Caribbean to 2.3% in 2023
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The International Monetary Fund said Tuesday that it raised its growth estimate for Latin America and the Caribbean in 2023 to 2.3% from 1.9% calculated …
USA: Rite Aid pharmacy chain files for bankruptcy
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Major U.S. pharmaceutical chain Rite Aid said Sunday it has filed for bankruptcy and secured $3.45 billion in new financing as it carries out a …