Latinas contributed $1.3 trillion to U.S. economy, new report says. That number could be even bigger

Latinas contributed .3 trillion to U.S. economy, new report says. That number could be even bigger


Key Points
  • Latinas contributed $1.3 trillion to 2021 U.S. gross domestic product, up from $661 billion in 2010, according to a recent report funded by Bank of America.
  • The economic output of Latinas was more than Florida’s economy that year, with only the GDP of California, Texas and New York being larger.
  • Still, some economists believe that Latinas’ total contribution to the country’s GDP could actually be more than what’s being reflected in the data.



Source

Why China can withstand oil’s surge past 0 more easily than other countries
Finance

Why China can withstand oil’s surge past $100 more easily than other countries

Key Points The latest Middle East tensions shed light on how the world’s three largest oil consumers have taken different approaches to energy. China has gradually increased the share of renewables in its total energy demand, more than the U.S. and India. China is the world’s largest oil importer, but it relies less on energy […]

Read More
Oil price surge could boost these Chinese stocks, Goldman says
Finance

Oil price surge could boost these Chinese stocks, Goldman says

Source

Read More
Robinhood’s venture fund, which gives investors access to private companies, tanks 11% on first day
Finance

Robinhood’s venture fund, which gives investors access to private companies, tanks 11% on first day

Key Points The fund, which is trades under the ticker RVI, offers exposure to notable private companies such as financial services firm Revolut and software company Databricks. However, the launch comes during a tough time for public markets. Source

Read More