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For the bottom 40% by income that means a smaller slice of the pie even as their net worth has risen at the swiftest pace in years. said Elise Gould, senior economist at the Economic Policy Institute, a Washington-based think tank focused on labor issues. The newest data suggest that trends of higher wealth and income concentration survived pretty much intact. Yet Dynan noted that the rise in wealth over that period was 30% for families in the 80th to 99th income percentiles and more than 40% for the top 1%. Reuters GraphicsOLD TRENDS HOLD FASTThe Fed's quarterly data on wealth distribution estimates asset holdings and liabilities across racial, educational, age and income groups, and their shares of national totals.

Persons: Elise Gould, They've, Biden, Karen Dynan, Dynan, Howard Schneider, Dan Burns, Paul Simao Organizations: Federal Reserve, U.S . Census Bureau, Economic Policy Institute, United Auto Workers, Harvard University, Thomson Locations: U.S, Washington

☆ Even as job creation surges, Americans still think the economy stinks. Here's why
▼ + stars: | 2023-10-07 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

"You see all these high-level headline numbers, and those numbers don't jibe with your economic reality," said Elizabeth Crofoot, senior economist at labor analytics firm Lightcast. Higher prices have been one problem. Are the jobs numbers really that good? Beyond the housing costs, there's some evidence that the jobs numbers may not be all they're cracked up to be, either. After all, more than a quarter of the job creation for September came from lower-wage occupations in the leisure and hospitality industry.

Persons: Frederic J, Brown, Elizabeth Crofoot, nonfarm, Joe Biden's, Crofoot, millennials, Jessica Lautz Organizations: Shell, Afp, Getty, Labor Department, Reuters, Consumer, University of Michigan, Consumers, National Association of Realtors, NAR, Federal Reserve Locations: Alhambra , California, U.S

☆ Latinos with advanced degrees more than doubled from 2000 to 2021, study says
▼ + stars: | 2023-10-06 | by ( Kaitlyn Schwanemann | ) edition.cnn.com time to read: +2 min

CNN —The number of Latinos with advanced degrees has more than doubled in the last 20 years, according to a new Pew Research Center analysis. In the study, Pew found that in 2021, nearly 2.5 million Latinos held advanced degrees, compared to 710,000 in 2000. As of 2021, about 290,000 more Hispanic women had advanced degrees than men, the analysis revealed. Most Latinos with advanced degrees hold a master’s as their highest level of education, according to the analysis. Despite the nearly two-fold increase in Latinos with advanced degrees, they account for just 8% of all advanced degree holders in the US — even though they represent 19% of the population.

Persons: Pew Organizations: CNN, Pew Research, Black, Survey, American Community Survey ., Miami Locations: United States, New York, Miami, American Community Survey . New York, Angeles, Foreign

☆ Latinas lose $1.2 million over their careers as wage gap persists
▼ + stars: | 2023-10-05 | by ( Brandon Gomez | ) www.cnbc.com time to read: +1 min

Latina women working full time, year-round earn 57 cents for every dollar paid to white, non-Hispanic men, according to a data collected by the U.S. Census Bureau and the Bureau of Labor Statistics. That gap in pay translates to a loss of $1,218,000 over a 40-year career. Break that down further and Latinas lose $30,450 in wages per year, or $2,538 every month, compared with the dominant cohort. The gap widens even further to 52 cents for every dollar when part-time and part-year workers are included in the data. "Looking over the course of a career, a Latina woman could never catch up," said Gaylynn Burroughs, NWLC director of workplace equality and senior counsel.

Persons: Gaylynn Burroughs Organizations: U.S . Census, Bureau of Labor Statistics, National Women's Law Locations: Latina

☆ Opinion: My journey from a homeless shelter to the ballet stage
▼ + stars: | 2023-10-02 | by ( Opinion Steven Melendez | ) edition.cnn.com time to read: +6 min

Editor’s Note: Steven Melendez is artistic director of New York Theatre Ballet and a subject of the new documentary film “LIFT,” available on Apple and Amazon. He was born in the Bronx, New York, and has danced as a soloist with Ballet Concierto in Argentina, a principal dancer with the Vanemuine Theater Ballet Company in Estonia, and for more than 15 years with New York Theatre Ballet. CNN —Thirty years ago, I lived in a family homeless shelter in New York City, where dreams and struggles often do battle. The LIFT program did not simply introduce me to ballet; it transformed my life. New York Theatre BalletThe rigorous training demands unwavering commitment, punctuality and the relentless pursuit of perfection.

Persons: Steven Melendez, Steven Melendez Rachel Neville, Diana Byer, Jacques d’Amboise, Talent Organizations: New York Theatre Ballet, Apple, Concierto, Vanemuine Theater Ballet Company, CNN, New York Theatre, US Department of Housing, Urban Development, Harvard Joint Center for Housing Studies, Coalition, York Theatre Ballet, National Dance Institute Locations: Bronx , New York, Argentina, Estonia, New York City, Bronx, America

☆ Ski towns in the American West are getting swankier — and pricing out frustrated locals
▼ + stars: | 2023-10-01 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

Driggs, Idaho, is the latest western mountain town to grapple with an surge of outsider money. AdvertisementAdvertisementChristina Assante bought a half-acre lot in Driggs, a ski town on the border of Wyoming, for $500,000 in 2021. Assante, and her son, Asher, are a part of a growing population setting course for the burgeoning ski town that was once overshadowed by its trendy neighbor Jackson, Wyoming. AdvertisementAdvertisementAn uncharted ski town in Idaho is ready to explodeIn Driggs, the town's expansion trajectory hangs in the balance as a, more literal, expansion is being organized. Locals are being pushed further outside of this Colorado ski townVail, Colorado, an expensive ski town a little less than 100 miles outside of Denver, could be viewed as a cautionary tale for Driggs and other budding ski towns.

Persons: —, Rich, Dutton, Luke Smith, Engel, Völkers Jackson, Cindy Riegel, Christina Assante, Assante, Michael, Asher, Driggs, Riegel, Allison Weibel, Steve Estvanik, Weibel, Vail, Michelle Badger, Redfin, it's, Mack, Keller Williams, Everdawn Charles, Tamara Williams, Kevin Costner's, Todd O'Hair, Montana's, Jackson, Paul Diegel Organizations: Service, Wall Street Journal, Journal, Census Bureau, New York Times, Times, Vail Resorts, Denver, Getty Images, Montana Chamber of Commerce Locations: Driggs , Idaho, Teton County , Idaho, Wyoming, Alta , Wyoming, Driggs, Jackson , Wyoming, Colorado and Montana, Idaho, Alta, Colorado, Vail , Colorado, Denver, Vail, Gypsum , Colorado, Vail —, Breckenridge, Dillon, Frisco, Bozeman , Montana, DianeBentleyRaymond, Getty Images Bozeman, Yellowstone, . Bozeman, Bozeman, Montana, Park City, Aspen

☆ Map: How much money you need to make to be in the top 1% in every U.S. state—it's nearly $1 million in Connecticut
▼ + stars: | 2023-09-30 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: 1 min

But in one state, it means you've just crossed over into the top 1% of earners. Your household needs to bring in a whopping $952,902 to crack the top 1% in Connecticut, the highest threshold for any state, according to a recent SmartAsset analysis. That's nearly three times the income needed to be in the 1% in West Virginia, the state with the lowest threshold at $367,582. Connecticut's median household income of $90,730 is one of the highest in the country and well above the national median of $74,580, according to Census Bureau data. See how much you'd need to make to be in the top 1% of households in your state:

Persons: That's Locations: Connecticut, West Virginia

☆ There's one 'lucky' group of homeowners in America's housing market, says a Zillow economist
▼ + stars: | 2023-09-29 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

US homeowners who are downsizing now are "lucky," Skylar Olsen, Zillow's chief economist told MarketWatch. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . For context, the value of the US housing market has surged about 50% from the pre-pandemic days in January 2020 to nearly $52 trillion now, according to a Tuesday report from Zillow. California is currently the US' most valuable housing market, per Zillow. The state's housing market is now worth over $10 trillion — nearly 20% of the national total.

Persons: Skylar Olsen, Olsen, —, Zillow's Olsen, Insider's James Rodriguez Organizations: Service, National Association of Realtors, MarketWatch, Census, NAR Locations: Zillow . California, Florida , New York , Texas, New Jersey

☆ Only 0.2% of Ukraine's landmass has changed hands in 2023, report says, despite thousands dead and billions of dollars spent
▼ + stars: | 2023-09-29 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Less than 500 square miles of Ukrainian land has changed hands this year, per a New York Times analysis. AdvertisementAdvertisementOnly 0.2% of Ukraine's landmass has changed hands this year, according to an analysis by The New York Times, based on data from the Institute for the Study of War. 188 square miles is about the size of Albuquerque, New Mexico's largest city, which has a total area of 189.5 square miles, according to the US Census Bureau. AdvertisementAdvertisementIn contrast, Ukraine has a total landmass of about 233,030 square miles. The report shows Russia capturing about 100 square miles per month earlier this year, coinciding with its winter offensive campaign to capture the eastern Donbas region.

Persons: —, Marina Miron Organizations: New York Times, Russia, Service, The New York Times, Institute for, Census, US, Kiel Institute, King's College London, Times Locations: Ukraine, Russia, Albuquerque , New

☆ PCE: Gas prices heated up inflation last month, but there's also welcome progress for the Fed
▼ + stars: | 2023-09-29 | by ( Alicia Wallace | ) edition.cnn.com time to read: +6 min

Minneapolis CNN —Higher gas prices heated up overall inflation last month, but the Federal Reserve got some welcome news: Its preferred inflation gauge cooled to its lowest level in two years. The core Personal Consumption Expenditures index, a closely watched inflation measure that excludes gas and food prices, rose 3.9% for the 12 months ended in August. However, it also was largely expected: Gas prices heated up last month as well. The Commerce Department’s monthly Personal Income and Outlays reports are typically closely watched as they provide a comprehensive account of pricing, income and spending data. Other federal data at risk for delays could include key housing and auto sales data, Census Bureau data, PCE and GDP reports, among others.

Persons: ” Andrew Patterson, ” Patterson, ” Dana Peterson, “ That’s, ”, that’s, Price, Security Administration’s, “ We’ve, ” Vanguard’s Patterson, “ Organizations: Minneapolis CNN —, Federal Reserve, Commerce Department, Vanguard, CNN, Energy, “ Energy, Consumers, Commerce, Conference Board, Labor, Department, Bureau of Labor Statistics, Price, Security, Adjustment, Labor Department Locations: Minneapolis, Saudi Arabia, Russia

☆ US poor face economic hit as shutdown, childcare cliff, student loans converge
▼ + stars: | 2023-09-29 | by ( Andrea Shalal | ) www.reuters.com time to read: +6 min

A separate benefits program, Supplemental Nutrition Assistance Program (SNAP), will continue as normal for the month of October but could be affected afterward, officials say. U.S. officals say Small Business Administration loans may be delayed and up to 10,000 children could lose access to Head Start, the federal program for preschool children from low-income families. The AFL-CIO estimates that more than 3 million children will lose access to quality childcare and thousands of providers will be forced to close, lay off childcare workers or reduce slots for children. STUDENT LOAN DEBT REPAYMENTSA three-year moratorium on student loan repayments ends on Oct. 1 after the U.S. Supreme Court in June blocked the Biden administration's plan to cancel $430 billion in student loan debt for 43 million borrowers. Student loan repayment resumption "will be more challenging for the lowest-income groups," Bank of America said in a recent research report, because they saved less during the moratorium than higher-income groups.

Persons: Sarah Silbiger, Joe Biden, Biden, Patty Murray, Rosa DeLauro, Liz Pagel, Andrea Shalal, Heather Timmons, Timothy Gardner Organizations: U.S, Russell Senate, REUTERS, Rights, Republican, American Federation of Government Employees, SNAP, Women, Assistance, Democratic, AFL, Century Foundation, Supreme, Student, Protection, Bank of America, Thomson Locations: Russell, Washington , U.S, TransUnion

☆ 5 critical steps entrepreneurs can't afford to skip when starting a business
▼ + stars: | 2023-09-28 | by ( Sponsor Post | Created Spectrum Business With Insider Studios | ) www.businessinsider.com time to read: +10 min

Social media is a great tool for promotion, but it's also handy for collecting insights about what customers want. Build a social media presence for the new business and use it as a way to gather feedback. Social media is a great tool for promotion, but it's also handy for collecting insights about what customers want. Build a social media presence for the new business and use it as a way to gather feedback. Attract the first customers to your business with smart, small-business marketing strategiesAttracting and retaining the right customers is critical to small business success.

Persons: it's Organizations: Products, Management, Spectrum Business, SCORE, Service Corps, Insider Studios

☆ Chattanooga is the 'all-around best city' to retire in the South
▼ + stars: | 2023-09-28 | by ( Celia Fernandez | ) www.cnbc.com time to read: +3 min

Southern Living and Investopedia named the best cities in the South to retire. The best all-around city to retire in the South: Chattanooga, TennesseeChattanooga, Tennessee is the best overall city for retirees in the South. Southern Living and Investopedia named Chattanooga, Tennessee the best all-around city to retire. Margaretw | Istock | Getty ImagesBeaufort, North Carolina, was named the best town for healthy living. Ocean Springs, Mississippi, was named the best city in the South for home buying.

Persons: Investopedia, Lorraine Boogich, Nicholas Sparks Organizations: Southern, ., Southern Living, Getty Images Tennessee, Census Bureau, North Carolina, Enthusiasts, , North Carolina Best, Greenville , South Carolina Best, Lexington , Kentucky Best, Arts and Culture, Istock, Getty Locations: Florida, . Southern, Investopedia, South, Chattanooga , Tennessee Chattanooga , Tennessee, Nashville, Atlanta , Georgia, Birmingham , Alabama, Smoky, Chattanooga , Tennessee, Chattanooga, Livability, Beaufort, North, Abingdon, Virginia, Springs , Mississippi, , North, Greenville , South, St, Augustine , Florida, Eureka Springs , Arkansas, Lexington , Kentucky, Savannah, Georgia, Huntsville, Alabama, Fort Worth , Texas Beaufort, North Carolina, Southern, Savannah , Georgia, Charleston , South Carolina, Ocean Springs , Mississippi

☆ 10 cities where home prices are rising the most, as buyers turn to satellite cities for affordability
▼ + stars: | 2023-09-28 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

Prices are rising in satellite cities like Trenton, New Jersey, and Fort Wayne, Indiana. Homebuyers are departing larger metros for satellite cities in search of affordability — but as demand increases, so do the home prices that attracted them. Evan Wyloge, a data journalist with Realtor.com, suspects these satellite cities are bringing in new residents as culture around office work changes. Here are the 10 cities where home prices increased the most between August 2022 and August 2023, according to Realtor.com. And don't forget to peek at the list of cities where home prices are falling the most, too.

Persons: —, Evan Wyloge, Realtor.com, Wyloge Organizations: Service, metros, US Census Bureau, Boston Locations: Trenton , New Jersey, Fort Wayne , Indiana, Philadelphia, Indianapolis, Manchester , New Hampshire, Boston

☆ More young people are getting Costco memberships, but they're not spending as much as boomers or Gen X
▼ + stars: | 2023-09-28 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

More young people are getting Costco memberships, CEO Craig Jelinek told CNBC. Younger shoppers have a different purchasing power to baby boomers and Gen X, Jelinek said. AdvertisementAdvertisementMore young people are buying Costco memberships, but they're not buying as much as older generations, the retailer's CEO says. "We're seeing more younger people sign up, absolutely," Craig Jelinek told CNBC's Jim Cramer. They're slightly going up as they become longer members, but initially the purchasing power from the younger generation compared to the boomers or X is a little bit different in what they're buying."

Persons: Craig Jelinek, they're, Gen X, Jelinek, —, CNBC's Jim Cramer, Xers –, haven't, Richard Galanti, we're Organizations: Costco, CNBC, Service, Pew Research Center, of Labor Statistics, Census Bureau

☆ Sales of newly built homes reverse course, drop nearly 9% in August
▼ + stars: | 2023-09-26 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Sales of newly built homes fell 8.7% in August from July, to a seasonally adjusted annualized pace of 675,000 units, according to the U.S. Census Bureau. The Census count is based on signed contracts during the month, and mortgage rates took a sharp jump higher. The median price of a newly built home sold in August was $430,300, a drop of 2% compared with August of last year. Homebuilders have been lowering prices as well as offering more incentives, like buying down mortgage rates. One of the nation's largest homebuilders, Lennar, recently reported strong earnings, but that was for a quarter where mortgage rates hadn't hit their highest yet.

Persons: Imogen Pattison, Homebuilders, Stuart Miller, Miller, Robert Dietz, NAHB's Organizations: . Census, Mortgage News, Capital Economics, National Association of Home Builders

☆ Stock futures are little changed after Tuesday's sharp losses: Live updates
▼ + stars: | 2023-09-26 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Dow Jones Industrial Average futures rose by 34 points, or 0.1%. Futures linked to the S&P 500 inched up 0.1%, while Nasdaq 100 futures added 0.1%. Economists' estimates called for 695,000, per Dow Jones. Economists polled by Dow Jones had forecasted 105.5. Economists expect they declined 0.5%, according to Dow Jones.

Persons: Dow, Dow Jones, Rob Haworth, Blanke, Robert Schein, Schein Organizations: Dow Jones Industrial, Nasdaq, Costco, Homes, Census Bureau, Department of Housing, Urban Development, Conference, Bank Asset Management, Micron Technology Locations: U.S

Consumers are growing more pessimistic about future prospects for the economy, according to the latest survey from the Conference Board released on Tuesday. “Consumer confidence fell again in September 2023, marking two consecutive months of decline,” said Dana Peterson, chief economist at the business organization. “September’s disappointing headline number reflected another decline in the expectations index, as the present situation index was little changed. “Write-in responses showed that consumers continued to be preoccupied with rising prices in general, and for groceries and gasoline in particular,” Peterson added. “Consumers also expressed concerns about the political situation and higher interest rates.

Persons: ”, Dana Peterson, “, ” Peterson, “ Consumers, Kelly Mangold, Lisa Sturtevant Organizations: Conference, “, Federal Reserve, Census Bureau, U.S . Department of Housing, Urban Development, Real Estate Consulting, MLS, American Financial Corporation

The central bank's quest for a "soft landing" of more slowly rising prices and continued economic growth looks increasingly probable. In fact, the U.S. may hit a sweet spot just as the 2024 presidential election campaign crescendos next year. Rather than cheering, though, after years of economic turbulence since the coronavirus pandemic erupted in 2020, Americans grumble, at least if you ask them about the economy. With fast rising prices and the end of an array of pandemic-era government benefit programs, inflation-adjusted household income fell last year, and the poverty rate increased. A Biden adviser said the White House understands that the economy and inflation are a critical issue, and the campaign has a big media push planned on "Bidenomics."

Persons: Sarah Silbiger, Jerome Powell, crescendos, grumble, Joe Biden, Donald Trump, Jimmy Carter's, Ronald Reagan, George H, Bush, Democrat Bill Clinton, Clinton, Biden, They've, that's, Robert Shiller, stupidly, Shiller, Powell, Howard Schneider, Trevor Hunnicutt, Heather Timmons, Paul Simao Organizations: El Progreso Market, Washington , D.C, REUTERS, Rights, . Federal, Reuters, Republican, Biden, Democrat, U.S . Consumer, Yale University, McKinsey & Company, McKinsey, Thomson Locations: Mount Pleasant, Washington ,, U.S

☆ US government shutdown would delay release of key economic data, official says
▼ + stars: | 2023-09-25 | by ( Lucia Mutikani | ) www.reuters.com time to read: +3 min

That means the unemployment insurance weekly claims data will also not be published during any shutdown this time. “Most services provided by the Census Bureau would cease, including production of Economic Census data, production of economic indicators, and work on the American Community Survey,” the official said. That means delays in the release of key data, including the retail sales, housing starts and new home sales reports for September. Depending on the duration of the shutdown, the release of the first estimate of third-quarter GDP due in late October could also be delayed. As a self-funding agency, the Fed would continue to release data, policy statements and other reports.

Persons: Evelyn Hockstein, ” Organizations: WASHINGTON, U.S, United States Capitol, REUTERS, Labor Department’s Bureau of Labor Statistics, Commerce, Analysis, Federal Reserve, Republican Party, Leaders, Republican, House, of Labor Statistics, Biden, Reuters, “, Labor Department, BLS, Training Administration, American Community Survey, Fed Locations: Washington , U.S, Commerce Department’s, U.S

☆ The 10 most affordable US cities for renters
▼ + stars: | 2023-09-25 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +3 min

Jefferson City, MO, ranks as the most affordable metro area in the US for renters. Jefferson City, MO, ranked as the most affordable metro area for US renters, according to data from the US Census Bureau. For the top cities, Insider analyzed the share of residents with affordable rent, meaning the percent of residents who pay less than 30% of their income on rent. Around two-thirds of renters in Sheboygan and Appleton had affordable rent, while 63% in Racine had affordable rent. The data supports recent findings that wealthier Americans are moving to Montana and Idaho for more affordable rent.

Persons: Lucie, Louis Organizations: Metro, Service, Census Locations: Jefferson City ,, Ohio , Wisconsin, Wyoming, Wall, Silicon, Missouri , Wisconsin, Jefferson City, Missouri, Lima, Ohio, Wisconsin, Sheboygan, Appleton, Racine, Wyoming , South Dakota , Montana , North Carolina, Washington, Montana and Idaho, Florida, Homosassa Springs, Naples, Port St, Miami, Fort Lauderdale, York, Newark, Jersey City, Midwest, Northeast, Lincoln , Fresno, St, Tampa

The United States had 3.5 million residents who identify as Middle Eastern or North African, Venezuelans were the fastest-growing Hispanic group last decade and Chinese and Asian Indians were the two largest Asian groups, according to the U.S. Census Bureau. MIDDLE EASTERN OR NORTH AFRICAN POPULATIONThe 2020 census was the first to allow respondents to identify themselves as coming from a Middle Eastern or North African country, otherwise known as MENA. ASIAN POPULATIONMore than 5.2 million people identified as Chinese, the largest group among respondents who were Asian alone or in combination with another group. The Nepalese population was the fastest growing Asian group, growing from almost 52,000 people in 2010 to almost 206,000 people in 2020. Some 1.9 million respondents who picked “some other race” identified as multiracial or multi-ethnic, and more than a half million said they were Brazilian.

Persons: Biden, ”, Maya Berry, it’s, Nicolás Maduro’s, Ernesto Ackerman, Mike Schneider Organizations: . Census, Bureau, Survey, Arab American Institute, Independent Venezuelan American Citizens, Puerto Ricans Locations: States, U.S, Jordanian, Moroccan, Washington, California, Michigan, New York, Venezuela, Miami, Puerto, American, U.S . New York, Texas

☆ Russia's trade with the US plummets to a 3-decade low while its commerce with China surges toward a record $200 billion
▼ + stars: | 2023-09-20 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +3 min

Russia's trade with the US has hit a 30-year low amid Western economic sanctions against Moscow. Meanwhile, Russia's trade with China is on track to hit an all-time high of more than $200 billion. The Eurasian nation's trade with the US plunged to a three-decade low in July, while its commerce with China is on track to hit an all-time high of more than $200 billion this year. Russia's trade with China is set to surpass the $200 billion milestone this year, according to the minister of economic development Maxim Reshetnikov, per a local Russian news outlet. However, Russia's oil and gas trade now appears to be making something of a comeback after a year of pain, thanks to a rally in global oil prices.

Persons: Vladimir Putin, Maxim Reshetnikov, Reshetnikov Organizations: Moscow, Moscow . Commerce, Service, United States Census Bureau, Motors, Ford, Mercedes, Benz, RBC Locations: Moscow ., China, Wall, Silicon, Ukraine, Russia, Moscow, Russian

☆ Latinos who don’t speak Spanish are getting shamed for it
▼ + stars: | 2023-09-20 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +10 min

They’re all Latinos who’ve been shamed for the way they speak Spanish. About half of US Latinos who don’t speak Spanish have been shamed because of it, the study says, noting that 54% of Latinos who speak no more than a little Spanish say another Latino has made them feel bad for it. “There’s a subtle but ongoing shift in the share of Latinos who speak Spanish at home,” Lopez says. “I don’t know how he knows what I said on Univision, because he doesn’t speak Spanish.” Cruz fired back – in Spanish – and the debate continued. According to Pew’s study released this week, most US Latinos speak Spanish, but the share of Latinos who do differs by generation.

Persons: Sen, Ted Cruz, Oscar, Ariana DeBose, who’ve, ’, ”, Mark Hugo Lopez, ” Lopez, “, Marco Rubio, Cruz sparred, Rubio, ” Cruz, •, DeBose, Lin, Manuel Miranda, I’m, ” DeBose, Ariana Debose, Jackie Rodriguez, Rodriguez, She’s, Spanish Sin Pena, pena, Sin Pena, Wendy Ramirez, it’s, ” Rodriguez, “ It’s, José Medina, Medina, he’s, Carlos Torres, who’d, ‘ You’ve, You’ve, who’s, Yo Sabo, Torres, Jessica Rosales, sabo, ” Torres, Jessica Rosales Torres, Rosales, Pew’s, Spanish Jess Organizations: CNN, Pew Research Center, Pew, Census, Republican, Univision, Mexico’s CONCACAF, Pew Research, Getty Locations: Spanish, SoFi, Inglewood , California, U.S, Mexico, California

☆ Shawn Fain’s Economic Reality Test
▼ + stars: | 2023-09-19 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Journal Editorial Report: A Census Bureau report reveals inflation's corrosive effects. Images: DPA via Zuma Press/Getty Images Composite: Mark KellyThe United Auto Workers (UAW) strike is going on day five, and President Shawn Fain has rejected the latest offer from Stellantis of a 21% pay raise over four years. He keeps citing corporate “greed” like a mantra. Yet it was telling this weekend when he refused to discuss the union’s impact on future job creation.

Persons: Mark Kelly, Shawn Fain Organizations: Zuma Press, United Auto Workers, UAW

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