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

Uber and Disney are seeing the same remarkable dynamic in this economy. Both stocks are surging
Finance

Uber and Disney are seeing the same remarkable dynamic in this economy. Both stocks are surging

Key Points Uber and Disney pointed to a remarkably resilient spending backdrop, with consumers continuing to shell out for rides, food delivery, vacations and theme park trips. “The consumers are spending, they’re spending locally, and we don’t see any signs of that weakening at this point,” CEO Dara Khosrowshahi said. Source

Read More
Stocks making the biggest moves premarket: AMD, Disney, Uber, Corning, Super Micro Computer & more
Finance

Stocks making the biggest moves premarket: AMD, Disney, Uber, Corning, Super Micro Computer & more

Check out the companies making the biggest moves premarket: Advanced Micro Devices — Shares surged 18% after the chipmaker issued strong guidance. AMD is calling for second-quarter revenue of $11.2 billion, plus or minus $300 million, versus the analyst estimate for $10.52 billion. First-quarter results also surpassed expectations on the top and bottom lines. Super […]

Read More
Stocks making the biggest moves after hours: Advanced Micro Devices, Super Micro Computer, Arista Networks & more
Finance

Stocks making the biggest moves after hours: Advanced Micro Devices, Super Micro Computer, Arista Networks & more

Check out the companies making headlines after the bell : Advanced Micro Devices — Shares popped 7% after the chipmaker issued strong guidance. AMD is calling for second-quarter revenue of $11.2 billion, plus or minus $300 million, versus the analyst estimate for $10.52 billion. First-quarter results also surpassed expectations on the top and bottom lines. […]

Read More