A persisting puzzle about the U.S. economy is how it can seem both strong and weak. On the one hand, it remains a citadel of innovation, producing new companies like Uber. On the other, the economy is expanding at a snail’s pace of 2 percent annually since 2010. How could both be true? Why isn’t innovation translating into faster growth? The answer -- or part of the answer -- is that American businesses are running on two separate tracks. Call them the “youthful” and “middle-aged” tracks.
While Mexican government negotiators fight to save the North American Free Trade Agreement during talks in Washington, thousands of members of social and trade unions on Wednesday protested in Mexico City against the deal, claiming it marginalizes local farmers and hurts the country.
As part of an effort to curb prison violence, the leftist government has imposed a militarized administration in roughly half of Venezuela's penal institutions. US Vice President Mike Pence said Monday in Cartagena, Colombia, that Venezuela is a failed state that threatens the security and prosperity of the entire hemisphere.
President of the 12.5-million-member AFL-CIO, Richard Trumka announced his immediate resignation, stating that it is impossible to "sit on a council for a president who tolerates bigotry and domestic terrorism.
Una tienda se dedica hace 50 años a exhibir y vender artesanías latinoamericanas en South Philly.
If the cliché rings true and the eyes really are the window to the soul, then "Eye's Gallery" on 402 South Street has been the enchanting window to Latin American, Moroccan, and Indian folklore since 1968. The love child of Julia and her husband, the renowned "Magic Gardens" creator Isaiah, the gallery's origins are wondrous like its contents.
The Venezuelan crisis is not a myth. Just take a look at the numbers of Venezuelans seeking asylum throughout the world to understand that it is easier to abandon everything than to succumb to the Bolivarian Revolution.
A wide variety of regional products make up Mexico's traditional confectionary, with the use of different fruits marking the state identity of each candy.
The Trump administration is determined to renegotiate the North American Free Trade Agreement (NAFTA) -- which created a single market from Mexico’s southern border to the Yukon -- but the main political appeal of this policy rests on a popular myth: that “fair” trade requires the United States to have a surplus or balanced trade with both Mexico and Canada.
The REAL ID Act is coming to Pennsylvania in 2019, what does that mean?
Bolivian Marcelo Claure, founder of Brightstar Corp and CEO of Sprint Corporation, is one of the main speakers at the fourth edition of this leading innovation and technology forum in Miami, which opened yesterday with a presentation by Apple co-founder Steve Wozniak.
Presidents of both countries, which share a land frontier of more than 595 miles, agreed to continue working to modernize infrastructure in the border zone to facilitate the safe and humane passage of migrants, as well as cross-border trade.
Global investment in Fintechs amounts to more than $23 billion, but only $600 million have gone to to Latin America.Visa hopes that its "Everywhere Initiative" serves as a stimulus for creating emerging companies in the Latin American financial technology sector.
This week, Vladmir Putin, President of Russia, gave an interview with a pool of international journalists, in which he said that the policy of sanctions towards Cuba only worked to punish the Cubans, and that Obama was on the right path.
According to a Wall Street Journal report, the US investment bank, Goldman Sachs, last week made a purchase of bonds issued in 2014 by the Petroleos de Venezuela Company, worth $ 2.8 billion.
The fourth edition of eMerge Americas will be held in Miami Beach starting on June 12 and will feature speakers such as Apple co-founder Steve Wozniak. The forum is aiming to make Miami the meeting place for Latin American entrepreneurs and US investors.
Globalization has gotten a bad rap. The Trump White House associates it with all manner of economic evil, especially job loss. The administration has made undoing the damage a central part of its economic strategy. This will almost certainly fail and disappoint, because globalization’s ill-effects have been wildly exaggerated.
We have yet another study that debunks the widespread notion that robots -- and other forms of automation, including “artificial intelligence” -- will destroy our jobs and lead to a future of permanently high unemployment. According to the study, that would completely rewrite history, which has shown job creation to be an enduring strength of the U.S. economy.
The economic crisis and marital infidelity are keeping such witchcraft practices as Santeria, shamanism and spiritualism alive in Mexico, as shown by the sale of articles said to possess the power to drive away poverty and keep a lover from wandering.
Wheat consumption is growing in Mexico, with thousands of bakeries offering artisan bread
In 2011, billionaire Peter Thiel made headlines when he announced that he would pay 20 teenagers $100,000 each to drop out or delay college and start businesses in biotechnology, finance, energy and education.
Thiel, the co-founder of PayPal, a venture capitalist and early investor in Facebook, wanted to underscore his belief that college costs too much, isn’t as intellectually rigorous as it once was, and leaves recent grads burdened with student loans that keep them from taking the entrepreneurial risks needed to spur the economy.
One of the founders of Mexican multinational baker Grupo Bimbo died Friday in this capital. He was 98.
”Mexico braces for a trade war with Washington,” headline in the Financial Times, Jan. 31, 2017.
Let’s hope not, because a trade war triggered by President Trump would be an act of pure economic aggression, unjustified either by the United States’ economic and political interests or by Mexico’s behavior. It would be the economic equivalent of Russia’s seizure of the Crimea, a raw exercise in bullying.
La diversidad de las comunidades Hispana y Latina protagonizó el acto “Colmando Brechas” organizado por la Cámara de Comercio Hispana de la Región de Filadelfia (GPHCC). Foto: Aja Beech.
Diversity within Latino and Hispanic communities was the highlight of the Greater Philadelphia Hispanic Chamber of Commerce ‘Closing the Gap’ event.