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☆ Here’s how venture capital is helping to lift the next generation of Latinos in finance
▼ + stars: | 2022-10-21 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +4 min

A group of Latino-led and focused venture capital firms is looking to change that. Similarly, only 2% of venture capital professionals and partner-level professionals at institutional firms are Latino, a study from LatinxVC discovered. "We're trying to increase [Latino] venture capitalists within established venture organizations," said Mariela Salas, the executive director of LatinxVC. Latino-focused venture capitalThere are several Latino-focused venture capital firms that are working on at least one piece of the puzzle: investing in their communities. "We give the opportunity to first-time accredited investors, people of color and women to get access to venture capital," Mendoza said.

☆ Multigenerational Hispanic households are under pressure as rates surge and homes remain costly
▼ + stars: | 2022-10-19 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Mortgage rates have also surged as the Federal Reserve tightens monetary policy to curb inflationary pressures not seen in about 40 years. Roughly a quarter of Asian, Black and Hispanic Americans each lived in multigenerational households in 2021, compared to 13% of those who are white. "Latinos are more likely to live in multigenerational households," said Gary Acosta, co-founder and CEO of the National Association of Hispanic Real Estate Professionals. "But being a larger multigenerational family comes with complications if you're trying to be a homeowner," he said. For the Espinoza family, the ideal home would have at least three bedrooms, a backyard and proximity to employment and schools in Santa Ana.

☆ Latino meteorologist helps create better weather terms in Spanish.
▼ + stars: | 2022-10-14 | by ( Albinson Linares | Noticias Telemundo | ) www.nbcnews.com time to read: +9 min

For meteorologist Joseph Trujillo, the right translation is more than a language issue, especially when it comes to weather-related warnings. A NOAA assessment revealed a lack of weather-related resources in the Spanish language that could have helped communities take action to save lives. But those linguistic differences can bring great challenges when translating emergency information, such as weather alerts, for all Hispanic people. They designed a new list of categories that better reflect the risk of climate emergencies in simpler terms: minimum, low, moderate, high and extreme. That first experience led him to pursue meteorology and his investigative work, which he presented to the National Weather Service.

☆ Chile has outperformed other emerging markets and the S&P 500 this year. Here's how
▼ + stars: | 2022-10-14 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

Stocks in Chile are also outperforming the broader emerging markets. The iShares MSCI Emerging Market ETF (EEM) is down more than 28% for the year. Apart from the iShares MSCI Chile ETF, which helps investors gain exposure to the total addressable market, Chile makes up just a small part of other funds. The country comprises just 0.2% of the Morningstar global markets index, for example, and only about 0.6% of its emerging markets index. For macro investors, Chile is one of the interesting countries in the emerging market universe to deploy, according to BCA Research's Budaghyan.

☆ Hispanic unemployment rate falls sharply in September, but fewer workers join labor force
▼ + stars: | 2022-10-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Marco Bello | Bloomberg | Getty ImagesThe unemployment rate among Hispanic workers dropped sharply in September, but that could be due to fewer eligible adults looking for a job. Hispanic workers saw their unemployment rate fall to 3.8% from 4.5% in August. But Hispanics saw a sharp decline in labor force participation, which tracks how many people are employed or searching for work. Many Hispanic workers do seek employment in some areas of the market heavily affected by Federal Reserve interest rate hikes, she added. While Hispanic workers saw the biggest declines on a month-to-month basis, she noted that Black women have still seen the sharpest decline in labor force participation since the start of the pandemic.

☆ Hurricane Ian live updates: Millions without power as Ian downgraded to tropical storm
▼ + stars: | 2022-09-29 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Phil-Helsel-Circle-Byline-Template.Jpg | Nbc News | ) www.nbcnews.com time to read: +1 min

Ian was downgraded to a tropical storm Thursday morning after slamming into Florida’s southwest coast as a major Category 4 hurricane Wednesday afternoon, bringing 150 mph winds and life-threatening storm surge. Maximum sustained winds dropped to near 65 mph with higher gusts early Thursday, but the storm has continued to cause destruction as it moves northeast. Its center is expected to move off the east-central coast of Florida later Thursday before approaching the coast of South Carolina on Friday. President Joe Biden on Thursday declared a major disaster in Florida over the devastation caused by Ian. Meanwhile, in Cuba power is slowly being restored for residents across the country following sweeping outages in Ian's wake.

☆ Hurricane Ian live updates: Florida residents trapped by floods as millions without power
▼ + stars: | 2022-09-29 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Phil-Helsel-Circle-Byline-Template.Jpg | Nbc News | ) www.nbcnews.com time to read: +1 min

More than two million people across Florida were without power Thursday morning after Hurricane Ian walloped the state as one of the most powerful storms to ever hit the U.S., causing widespread devastation and flooding that trapped residents in their homes. Ian was downgraded to a Category 1 storm hours after slamming into Florida’s southwest coast as a major Category 4 hurricane Wednesday afternoon, bringing 150 mph winds and life-threatening storm surge. Further weakening is expected over the next day or so, but it continued to cause destruction as it moved northeast. Maximum sustained winds had dropped to near 75 mph with higher gusts as of early Thursday morning, the NHC said. Meanwhile, in Cuba power is slowly being restored for residents across the country following sweeping outages in Ian's wake.

Hurricane Ian had weakened to a Category 1 late Wednesday, but the powerful storm that caused life-threatening storm surges, floods that stranded people in their homes and knocked out power to more than 2 million was not over, officials warned. At 2 a.m., Ian was around 55 miles southwest of Cape Canaveral and moving northeast at 9 mph, the hurricane center said. The storm is believed to be one of the strongest hurricanes ever recorded making landfall in Florida. Central and northeast Florida could get 20 inches of rain, and life-threatening storm surge remained a risk for parts of Florida’s western and eastern coasts, the hurricane center said. But it then will likely turn north and approach the northeastern Florida, Georgia and South Carolina coasts Friday, according to the hurricane center.

☆ Hurricane Ian downgraded to tropical storm as it continues to batter Florida
▼ + stars: | 2022-09-29 | by ( Phil Helsel | ) www.cnbc.com time to read: +1 min

A flooded street is seen in downtown as Hurricane Ian makes landfall in southwestern Florida, in Fort Myers, Florida, U.S. September 28, 2022. Hurricane Ian was downgraded to a tropical storm Thursday morning, but officials have warned the powerful storm that brought life-threatening storm surges, floods that left people stranded in their homes and knocked out power to more than 2.5 million customers was not over. President Joe Biden on Thursday declared a major disaster in Florida over the devastation caused by the storm. By 5 a.m., Ian was around 55 miles southwest of Cape Canaveral and moving northeast at 9 mph, the hurricane center said. The storm is believed to be one of the strongest hurricanes ever recorded making landfall in Florida.

Floridians are giving TikTok users a front-row seat to Hurricane Ian. Dozens of TikTok users in Florida used TikTok’s livestream feature on Wednesday to offer a window into their lives as the hurricane approached. Some comments trickling in sent the woman prayers, while others predicted her “house will disappear.” TikTok didn’t immediately respond to a request for comment about the hurricane livestreams. TikTok introduced its livestream feature in 2019, and it has since become a popular way of creating content on the app. TikTok’s livestreaming feature has been used for fun but also to share breaking news, such as when Russia invaded Ukraine.

☆ Here’s why Hispanic workers could face an outsized hit in a U.S. recession
▼ + stars: | 2022-09-16 | by ( Michelle Fox | ) www.cnbc.com time to read: +1 min

Turbulent times may be ahead for Hispanic workers, a new report from Wells Fargo found. The firm expects Latino workers to take an outsized hit if a mild recession happens in 2023, like it is projecting. "The Hispanic unemployment rate tends to rise disproportionately higher than the national average during economic downturns," Wells Fargo chief economist Jay Bryson wrote. For example, from 2006 to 2010, the Hispanic unemployment rate rose about 8 percentage points, while the non-Hispanic jobless rate climbed about 3 percentage points, the firm found. Right now, overall consumer spending is 14% higher than February 2020 and real services spending is up less than 1% during the same time period.

☆ Canela.TV, a free Spanish-language streaming service with 23 million users, launches original shows
▼ + stars: | 2022-09-16 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

An upstart Spanish-language streamer is taking a big step into original content. Those networks and other Spanish-language content have captured some of the fastest-growing traditional TV audiences when it comes to average daily household viewership, according to data provider Samba TV. Canela said its streaming platform, which is available in the U.S., Mexico and Colombia, has 23 million unique users. Similar free ad-supported streaming services like Paramount Global's Pluto and Fox's Tubi have said they have nearly 70 million and 51 million active users, respectively. By the end of 2022, it will have 537 hours of original content.

☆ ‘My Aching Heart Is Shattered Into Little Pieces’
▼ + stars: | 2022-06-24 | by ( Patricia Mazzei | Rose Marie Cromwell | ) www.nytimes.com time to read: +1 min

‘My Aching Heart Is Shattered Into Little Pieces’A year ago, Champlain Towers South collapsed in Surfside, Fla. The lives of those who lost loved ones and homes have never been the same. Leer en españolJune 24, 2022SURFSIDE, Fla. — A year later, the shock of the collapse of Champlain Towers South has not worn off. Not for the people whose loved ones died crushed in the rubble. “My aching heart is shattered into little pieces and beyond repair,” Eileen Rosenberg, whose daughter, Malky Weisz, was killed, said in court on Thursday.

Persons: Miamians, Heirlooms, ” Eileen Rosenberg, Malky Weisz Locations: Champlain Towers, Surfside, Fla, Leer, SURFSIDE, —, South Florida

☆ Should You Get Another Covid Booster?
▼ + stars: | 2022-03-29 | by ( ) www.nytimes.com time to read: +12 min

to authorize a second booster shot of its vaccine — that is, a fourth dose — for people aged 65 and older. Two days later, Moderna followed suit, but with a broader request to authorize a second booster for all adults over 18. The agency said on Tuesday that adults aged 50 and older could opt for a second booster shot of the vaccines made by Pfizer-BioNTech or Moderna, to be given at least four months after the first booster of any authorized or approved Covid vaccine. A second booster would be the third shot for those who received one dose of the Johnson & Johnson vaccine and a booster shot of an mRNA vaccine. In fact, other data from Israel suggests that a second booster has only marginal benefits in healthy young people.

☆ In pictures: Soccer legend Diego Maradona
▼ + stars: | 2020-11-25 | by ( ) edition.cnn.com time to read: +1 min

Diego Maradona is carried around the field after leading Argentina to victory in the 1986 World Cup final. Maradona is best known for captaining Argentina to victory at the 1986 World Cup, where he was named the tournament's best player and scored two of its most famous goals. In 2008, Maradona became Argentina's manager and led the team at the 2010 World Cup, where it was eliminated in the quarterfinals. At the time of his death, he was in charge of Gimnasia y Esgrima, a club in Argentina's first division. Earlier this month, Maradona underwent successful surgery for a subdural hematoma — more commonly known as a blood clot on the brain.

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