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Financial Racism

gettyimages.com

Racism is a hard fire to put out. Even when the blaze is out it smolders for decades. Racism doesn’t come in the same form it used to, this makes it harder to realize sometimes. The Urban Institute has recently released a few reports exposing financial racism. This is a form of racism most of Read More

A tip of the cap to Jeter (and Nike)

nike.com

Admittedly, I don’t know baseball. I played one season as a little leaguer and the last pro game I went to was in late 90s in Cleveland where the Indians’ game was rained out. What I do know is brand marketing. Earlier this year, New York Yankee’s shortstop, Derek Jeter, announced his retirement and just Read More

Puerto Rico can overcome its financial crisis

marathonpuertorico.com

America’s savvy investors are fearing tax hikes in their sector since Bush left office. According to Bloomberg, Peter Schiff, a former U.S. Senate candidate, says he’s worried about taxes. Those who wear blue collars would probably scoff at this comment. In the man’s defense some estimate these tax hikes will reach 70%. This fear combined Read More

Latino developer plans to restore Packard plant

Brian Kaufman/ Detroit Free Press

The Packard automobile plant in Detroit, built in the early 1900s and now a relic, was bought by Latino developer Fernando Palazuelo. Thirty five acres of abandoned concrete and steel remain that have attracted urban explorers and was even used in the Movie Transformers 3. Residents are hopeful that the eyesore will finally be updated, representing growth Read More

Financial State Of Argentina

upstreamonline.com

Argentina is a beautiful country. It is home to a high literacy rate, lands rich in natural resources, and the world’s fourth largest city, Buenos Aires. Argentina is also known for was its depression in the late 1990s. By 2002, the depression left the government broke, forcing Argentina to commit to the largest sovereign debt Read More

The disconnect between NPR and the Latino community

npr.org

Many large, influential companies struggle with diversity, and while is not a shocking fact to most, it is one that people have long worked to improve. In recent years, prominent companies such as Google, Facebook, and most recently, Yahoo!, have publicly revealed employee demographics, including the diversity that can be found in their offices. Those Read More

Not enough access to feasible mortgages for Latinos and African Americans

money.cnn.com

A study by the Urban Institute found that Latinos and African Americans still face more rejection, on mortgage applications, than non-Hispanic whites. This supports the thought that we do not have equal access to mortgage credit. This is also the main reason for the wealth gap still seen in the United States between minorities and Read More

Latinos become farm owners in Minnesota

Getty Images

In Minnesota there is a pilot group of farmers from Mexico that are learning how to farm the American way.  Minnesota has over 69,000 farms and only 316 of those are Latino owned or operated.  This gave Mr.Ramon Leon, president of the Latino Economic Development Center, in Minneapolis an idea. His organization started a program Read More

Google’s workforce lacks diversity

Jessenia Martinez

A new study reveals Google employees are mostly white males.  Just 3% of Google employees are Latinos and 2% are black. And of the approximately 44,000 employees they hired at the start of this year, only 30% are women. That’s a huge gap in diversity! According to an article by Fox News Latino, the study’s statistics Read More

Latino’s economic spending power steadily increasing

Getty Images

Latino’s economic spending power has been steadily growing and today we represent 1.3 trillion spending power in the U.S. alone.  Recent studies by Nielsen and AHAA (Association of Hispanic Advertising Agencies ) show that the upscale Latinos, those 18+ with a salary between 50k and 99k, are buying more and will consistently continue to do Read More