Economy

US Debt Ceiling Latest News Update: US Treasury to Run Out of Money by Nov. 3

As Congress continues to deal with the U.S. debt ceiling, the Treasury Department says it will run out of money by Nov. 3.

GOP Debate CNBC 2015 Recap: Marco Rubio Shines as Media, CNBC Heavily Criticized

Sen. Marco Rubio was front and center with nine Republican presidential candidates for the third GOP debate.

GOP Debate 2015 Recap: Jindal, Graham, Pataki, Santorum Talk Economy in Early Debate

The third Republican presidential debate focused on the country’s economy, and it comes as the House of Representatives passed H.R. 1314 -- the Bipartisan Budget Act of 2015 -- but foreign policy also dominated the evening.

Latinas Require Bachelor's or Higher to Match Non-Hispanic White Men's Average Pay Wage

The National Women’s Law Center (NWLC) revealed Latinas currently earn an average $0.55 for every dollar a non-Hispanic male makes.

Top Latino Tech Leaders 2015 Awards Announced by Hispanic IT Executive Council (HITEC)

In the past couple of years, it's become clear that diversity is a problem for Silicon Valley. But there are still bright spots in tech, and the Hispanic IT Executive Council's (HITEC) has chosen a select few Hispanic leaders in technology that are making a difference towards diversity and inclusion of Latinos in the high tech industry.

REI Refuses to Be On Business on a Black Friday

As Thanksgiving Day approaches, many are already speculating about which stores are going to be closed or open for various reasons in celebration of the holiday, including Black Friday. On Monday, famous outdoor gear store REI announced that it will be closed to make way for some family time and urge people to stay outdoors rather than shop.

Apple Company News: Top Tech Analyst Says Apple's Growth to Slow Down, iPhone 6s Sales Numbers

Apple reports sales of new phone Apple could be headed for slower growth and its impressive earnings reports could become a thing of the past, if one analyst's predictions are correct.

Immigrant Households Have Billions in Spending Power, Says Denver-Area Report Ahead of GOP Debate in Colorado

Colorado, a swing state for the presidential election, has seen its immigrant population contribute billions of dollars in spending and tax power.

Manos Accelerator Announces Five New Latino Startups in Fourth Round

Silicon Valley has a diversity problem, and it's bigger than just the staffing demographics at major technology firms. In particular, there is a dearth of Latino-founded tech startups that grow beyond the initial stages, but Manos Accelerator, in partnership with Google, is seeking to change that.

Facebook Stock: Shares Surpass $100, Help S&P 500's Rebound

Facebook's outlook remains positive Facebook surpassed the $100 mark Friday for its stock price and analysts believe the company will continue to report positive numbers.

US Worried Russia May Threaten Undersea Data Cables, the Backbone of the Internet

Russian submarines and spy ships appearing near vital undersea data cables that carry massive amounts of global communications have U.S. officials concerned that the country could threaten to cut the lines in a crisis, crippling the backbone of most of the global Internet.

Puerto Rico News: Sen. Elizabeth Warren Criticizes White House on Puerto Rico Policy

Sen. Elizabeth Warren, D-Mass., criticized the White House’s recent move to offer an economic plan for Puerto Rico for its lack creativity.

Apple Data Lawsuit: Wi-Fi Assist Causes High Bills, Customers Lodge Class Action Suit

Apple could be forced to pay $5 million. Some iPhone customers with limited data plans faced unexpectedly high bills when Apple introduced the new Wi-Fi Assist feature, prompting some overcharged users to lodge a class action lawsuit against the tech company.

Social Media Sunday: Facebook Fixes Battery-Draining App, Twitter's Dorsey Gives Stock to Staff

This week in social media, Facebook finally fixed its battery-draining iPhone app. Meanwhile Twitter's CEO gave millions worth of stock to the company's employees and Instagram announced yet another new video app.

Puerto Rico Debt Crisis: Obama Administration Presents Congress Proposal to Help Rescue Puerto Rico

The Obama administration is urging Congress to devise a plan to help rescue Puerto Rico from its massive $72 billion debt crisis before it implodes into an even bigger "humanitarian crisis."

Unemployment Numbers: Average Initial Jobless Claims Lowest in 4 Decades

The four-week average of initial jobless claims, a less volatile measure than the weekly figure, has fallen to a historic level, clocking in at its lowest point since December 1973.

Black Friday 2015 Deals: Dell Leak Shows Xbox One Bundle, Micro Desktop

The Dell Home and Home Office 2015 Black Friday Ad advertises an array of sales including a $300 Xbox One bundle pack, a $100 Inspiron Micro Desktop and $150 Inspiron 14 3000 laptop.

Yahoo Stock Falls After Weak Earnings, Analysts' Price Targets Lowered

Yahoo's stock price took a free fall Wednesday after the company reported weak quarterly earnings, causing analysts to lower their price targets.

Facebook Launches TechPrep, Hub to Help Grow STEM Diversity Pipeline

Facebook's TechPrep hopes to boost diversity in technology by empowering underrepresented minority students and their parents to get involved in computer science.

US Latinos Earn Less, Underrepresented in High-Paying Industries

The average U.S. Latino worker is earning less compared to non-Hispanic whites, according to a new report by the Joint Economic Committee and Congressional Hispanic Caucus.
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