Latino-Owned Businesses May Be The U.S. Economy’s Best Bet

Photo credit: California-Mexico Studies Center

Photo credit: California-Mexico Studies Center

 

No sector promises to turn early-stage financing into GDP growth like Latino-owned businesses (LOBs).

They’re called LOBs for short, but they’re working on a fastball. Latino entrepreneurs are starting small businesses faster than the rest of the startup population and becoming a bigger part of the total U.S. market every day. Estimates are that they will make up 29 percent of the U.S. population by 2050, up from 17 percent today.

According to a study the Stanford Graduate School of Business, if those businesses grew as fast as the U.S. average, they could add $1.4 trillion to the U.S. economy.

That’s a tough number ...

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Puerto Rico Is Facing a Mental Health Crisis After Hurricane Maria

PR Mental Health

Photo Credit: Pennsylvania National Guard

 

After the devastation of Hurricane Maria, the road to rebuilding includes restoring power, rebuilding homes and making sure there’s clean water. But it also includes addressing a looming mental health crisis, Caitlin Dickerson writes in the New York Times, and in Puerto Rico, there may not be enough resources to address any of these problems.Hurricane Maria tore through Puerto Rico on September 20th, bringing with it ‘violent winds and screeching rains,’ Dickerson writes. While the storm left visible, infrastructural damage, it was also a an 72-hour assault on the Puerto Rican psyche,” she adds. Health workers are preparing for a population in ...

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