Saving enough money to retire comfortably is a challenge for almost every American, but it’s even more difficult for the millions of Hispanics who are employed by small companies that do not offer retirement plans.According to NBC News, a new program being offered by the federal government could make it…
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Shipping Companies Collude, Break Anti-Monopoly Law, and Receive Staggering Fines
Chinese regulators have fined seven major international shipping companies 407 million yuan ($65 million) — the equivalent of 4% to 9% of the firm’s international shipping sales to and from China — for fixing prices after a 12-month investigation. The fines come after a year-long investigation. According to the National…
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Malnutrition is Slowly Becoming a Silent Epidemic Among Elderly Latino Population
Across the United States, elderly individuals in Latino communities are suffering from what is deemed a “silent” health crisis by many experts: malnutrition. The problem is becoming so rapidly prevalent that experts fear it may turn into a full-blown epidemic if not addressed accordingly. According to a recent study conducted…
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For the Latino Middle Class, Good News and Bad News
So let’s start with the bad news: A new study from the Federal Reserve Bank of St. Louis confirms what activists have been saying for at least a decade. That is, black and Hispanic college graduates face a sizable debt and lifetime income gap compared to white college-grads. “The long-term…
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‘Machete’ Actor Danny Trejo Appears in the Most Badass Law Firm Ad You’ve Ever Seen
A lawyer for catastrophic injuries will often target the victims of auto collisions or workplace safety violations in advertisements. A firm’s audience can also include the family members of deceased car accident victims, who number around 37,000 in the U.S. annually. While some ads are serious, others tend to be…
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Donald Trump’s Comments on Immigrants Hit a Nerve With His Own Laborers
Despite his highly publicized antipathy for illegal Mexican immigrants, real estate developer and Republican presidential candidate Donald Trump may be guilty of hiring the very same people he accused of being “rapists” and “drug dealers” less than a month ago. Gawker reports that Trump’s latest development project, the Trump International…
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For Aging Immigrants, Work Continues Well Into the Retirement Years
When most people reach their 60s, they have a long, relaxing retirement to look forward to, with much of their income provided by Social Security. However, for the majority of older female immigrants, those Social Security benefits don’t exist. As a result, their retirement years are spent working as caretakers…
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Why Hillary Clinton Wants Puerto Rico to Be Protected Under U.S. Bankruptcy Law
On Tuesday, July 7, hopeful U.S. Democratic presidential candidate Hillary Clinton called for legislative changes that would allow Puerto Rico’s public entities to restructure their collective $72 billion in debt under the protection of U.S. bankruptcy law. Currently, U.S. bankruptcy law excludes Puerto Rico, which is an unincorporated U.S. territory…
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U.S. Losing Race For Auto Jobs To Mexican Factories
In the race to win North American auto manufacturing, Mexico is not just keeping pace with U.S. plants, but gaining fast in 2015. And Detroit, which has long been the auto capital of North America, is losing out on new jobs this year to both southern U.S. states and Mexican…
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Authoritarian Parenting Styles Increase Risk of Depression Amongst Latino Children
There’s no short supply of things that can cause depression in adolescents: academic stress, heartbreak, divorcing parents, family financial struggles, low self-esteem. The list goes on. Even a home’s decor can make a person gloomy, as 14% of people recently reported in a survey. According to a new study published…