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

Stocks making the biggest moves midday: Fannie Mae, Boston Scientific, Blackstone, Palo Alto Networks and more
Finance

Stocks making the biggest moves midday: Fannie Mae, Boston Scientific, Blackstone, Palo Alto Networks and more

Check out the companies making the biggest moves in midday trading: Fannie Mae , Freddie Mac — Shares of the mortgage financing companies rallied after Pershing Square Capital Management’s Bill Ackman said in an X post late Sunday that the stocks are “stupidly cheap.” The billionaire investor suggested shares could rise 10-fold. Shares of Federal […]

Read More
Bill Ackman says it’s one of the best times in a long time to buy quality stocks
Finance

Bill Ackman says it’s one of the best times in a long time to buy quality stocks

Key Points Bill Ackman urged investors to look past macro fears and lean into what he sees as deeply discounted opportunities. His bullish stance comes at a time when markets have been rattled by rising energy prices and sticky inflation concerns. Source

Read More
Fed Governor Miran still backs cuts, says interest rates could be ‘about a point’ lower this year
Finance

Fed Governor Miran still backs cuts, says interest rates could be ‘about a point’ lower this year

Key Points Federal Reserve Governor Stephen Miran continued his campaign for lower interest rates, telling CNBC that policymakers should disregard the current energy price spike. He told CNBC that he continues to think “we could be about a point easier, gradually done over the course of a year.” Source

Read More