Economy

Economic Opportunity at Lowest Point in Decades, but Social and Educational Opportunities Soar

Economic opportunity is not guaranteed in America. In fact, Americans across the board have less economic opportunity today than they did 40 years ago, despite a growth in social and educational opportunities.

More FM Radio Stations Broadcast in Spanish in Response to Growing Latino Populations

In a world where Internet radio and MP3s are taking over, the FM radio markets are seeing an increase of listeners who speak Spanish.

Google and Dell Embrace Bitcoin Price and Exchange Rate, Coinbase: New York Finance Department Proposes BitLicense Regulation to Prevent Fraud in Online Trading

A framework was suggested As tech companies Google and Dell embrace the online currency Bitcoin, the state of New York is proposing new rules regarding its regulation.

Environmentalists Fear Oil, Gas Exploration Off Eastern Seaboard: Say Marine Life Will Suffer

The Obama administration Friday approved offshore oil and gas exploration in the Eastern Seaboard as well as seismic surveys with the use of sonic cannons.

Labor Department Data Reveals Faster Job Growth in States With Higher Minimum Wage

New hiring data released by the Labor Department on Friday revealed that job growth has actually increased at a faster pace in the 13 states that raised minimum wages than in those that haven't.

California's Strawberry Industry has Made Life Sweet for Some Latino Immigrants

Bright red in color, juicy, aromatic, and sweet, strawberries enliven pies, fruit juices, ice creams, preserves and milkshakes, and they help to embolden California's immigrant population.

iOS, Android, Windows, and BlackBerry Systems: 10 Ways to Save Your Battery Life on Electronic Devices

This could put an end to people looking for an outlet to charge their smartphone. Are you tired of turning off then turning back on your electronic devices so you can save on battery life? And are you tired of charging your smartphone in the restroom at work? Here are some simple but effective ways to saving and perhaps recharging your battery life on most of your electronic devices, including your smartphones and tablets, that run on iOS, Android, Windows, and BlackBerry systems.

Amazon Reveals Subscription Service: Per-Item Fee System to e-Books, Audiobooks Receives Criticism

Despite being a major company, Amazon failed to lure major publishers to its online subscription content library and is facing competition with two other services, which began last year -- and have at least two of the five major publishers. The cost is also more expensive than the other two companies.

Apple and IBM's Partnership Hurts BlackBerry's Comeback

Tech behemoths Apple and IBM announced a partnership Tuesday that will bring the two companies together with the aim of creating new enterprise solutions for business users.

Microsoft Layoffs Hit Nokia Hard and Take Down the X Lineup

Microsoft announced Thursday that it plans on laying off 18,000 employees worldwide with a special emphasis on trimming its mobile division. The firings represent the largest in the tech giant's 39-year history.

AbbVie to Buy Shire for $54 Billion; Deal Aims to Lower Tax Rate

Abbvie avoids U.S. taxes by relocating. AbbVie, the U. S. based pharmaceutical company, said Friday it will buy U. K. -based drug maker Shire for $54 billion.

US Unemployment Rate Drops Across 22 States: Heavily Latino States See Strong Employment Gains

The regional and state unemployment rate in the U.S. saw little change during June, but for 22 states and Washington D.C., the unemployment rate declined. Meanwhile, 14 states saw their unemployment rate increase.

Facebook "Buy" Button, Mobile Advertising News: E-Commerce Service Simplifies Shopping, Eliminates Need for Third-Party Websites

Makes impulse buys easier Facebook really does want to provide it all for their users and let them perform all online activities within its website, as the social media website is now testing a "Buy" button that would allow transactions to be made without leaving the website.

Microsoft-Nokia Merger, Layoffs and Job Cut News 2014: Severance & Benefits Packages Total $1.6B, Satya Nadella Keeps Surface & Xbox Divisions the Same

Largest cuts since 2009 On Thursday, Microsoft announced its largest round of layoffs in the company's history, cutting about 18,000 jobs as part of its efforts in reconstructing the company.

Boriqua Chicks Co-Founder Raquel Dailey-Parham Opens Restaurant in Chicago, Promotes Afro-Latino Visibility

To better acquaint Chicago with the importance of her mixed roots and Afro-Latino heritage, blogger Raquel Dailey-Parham opened an Afro-Latino eatery, Maracas, which exemplifies the Afro-Latino presence in Chicago.

MLB Trade Rumors 2014: Examining Which Players Could Be Dealt Before Trade Deadline

The MLB trade deadline is approaching and many teams are in need of help. The second half of the season is crucial as we begin our playoff push to separate the good teams from the great teams. Here are some trade rumors from around the baseball world.

US Housing Construction Rates Falling Unexpectedly

Economists had predicted a much stronger month in residential building. Housing starts and residential building permits fell in June to the lowest rate since September, indicating the housing recovery may be slowing, according to a Reuters report on U.

Nation's Largest Commuter Railroad Dispute Settled

LIRR workers, 5,400 of them, were set to walk off the job Sunday over failed contract negotiations. For four years, union officials and MTA officials have been fighting over pay increases and contributions to health insurance program. The strike would have affected the lives of 300,000 daily commuters.

Starbucks Opens First Store in Coffee Capital of the World

Coffee chain has plans to open 50 more in the country in five years. Starbucks has been roasting and selling Colombian-grown coffee for 43 years but hadn't had a location in the famed coffee capital until now.

China Looking to Strengthen Latin American Ties With New Railroad

Chinese president proposes railroad across South America to firm up relations China's President Xi Jimping has been in Brazil the last few days in an effort to improve relations with Latin America, which China sees as a valuable future ally, according to Channel News Asia.
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