Business

Latinas are economic powerhouses who drive almost two trillion dollars in Hispanic purchasing power. If we can close the pay gap, we will be investing in an energized, resourceful and powerful segment of our population capable of fueling our economy forward.

There is great potential for Latinx entrepreneurs in Silicon Valley and beyond, if only they were adequately supported by banks, angel investors, venture capitalists, and their own community.

SAN SALVADOR, El Salvador (AP) — El Salvador became the first country to adopt Bitcoin as legal tender Tuesday, but the rollout stumbled in its first hours and President Nayib Bukele said the digital wallet used for transactions was not functioning.

HAVANA (AP) — Cuba’s government said Thursday it will recognize and regulate cryptocurrencies for payments on the island.

The new Bitcoin Law is priming Salvadoran banks to run afoul of international regulators and could tip the country into an inflation crisis, says conservative economist Steve Hanke. Skepticism of bitcoin in rural, cash-based economies may also hamper broad public use of the cryptocurrency.

“Credit rating agencies try to have a qualitative and scientific vision for rating sovereign debt,” Giovanni Rodríguez of Colombia’s National University told Latino Rebels. “They have very practical methodologies which are easy to follow. But in the end. these agencies, far from making objective ratings, use ratings that are based in political and subjective logic.”

They surveyed a sample of 512 affluent Latino families from 2019 and found that 68% of respondents prioritize family welfare over other interests.

Welcome to Satellites on Fire.

Making moneda moves.

At the global scale, leading economic indicators suggest the worst is behind us and that the world is slowly recovering. To be blunt, Latin America’s recovery will be among the worst.

In border towns across the U.S., small businesses are reeling from the economic fallout of the partial closure of North America’s international boundaries.

Hector chats with Pabel Martinez, Global Account Director at TikTok, and the founder and CEO of Plurawl, whose mission is to redefine professionalism by empowering Latinos to be their authentic selves in the workplace

A federal consumer watchdog agency has launched an investigation into a company that aggressively sued thousands of Latino borrowers in Texas during the coronavirus pandemic while depicting itself as a financial ally of the community.

What kind of protagonist would I unleash into the nonprofit ecosystem over the next 10 years if she had the face of AOC and she had the power of the immigrant dollar behind her?

MEXICO CITY (AP) — The Mexican government announced the country’s daily minimum wage will rise by 15% in January to the equivalent of about $7 per day.

In October, the National Main Street Center, a part of the National Trust for Historic Preservation, announced Kendall Whittier Main Street (KWMS) as one of three community winners of the Great American Main Street Awards, which recognizes preservation-based commercial district revitalization.

With Mónica Ramírez of Justice 4 Migrant Women.

Existe todo un mundo de inversión en el emprendimiento que requiere de toda una educación especial que no te enseñan en la escuela.

“As time has gone on, and especially since late July, we have been increasingly disturbed to realize that the company was not going to meet us or the workers halfway,” said Elizabeth Strater, UFW’s Director of Alternative Organizing.

MEXICO CITY (AP) — As the COVID-19 pandemic froze the United States economy, not all Latin American immigrants living there were affected equally, a look at the money they sent back to their birthplaces reveals.

HAVANA (AP) — With its airports closed to commercial flights and its economy tanking, Cuba has launched the first in a series of long-promised reforms meant to bolster the country’s struggling private sector.