Economy

US Jobless Claims Near 15-Year Low

Unemployment numbers in the United States remained near a 15-year low last month even though initial jobless claims, a proxy for layoffs, increased by 10,000 to a seasonally adjusted 277,000 in the week that ended Sept. 26.

Elon Musk Unveils Tesla Motors Model X SUV With ‘Falcon Wing’ Doors, Ultrasonic Sensors [Watch]

The Model X is Tesla Motors' first SUV. The motor company introduced the sports-utility vehicle to investors and customers on Tuesday.

Racial Discrimination: Bank to Pay $18 Million to Latinos, Blacks for Overcharging Car Loans

An $18 million settlement has been finalized over allegations a bank discriminated against Latino and black borrowers.

Ralph Lauren Steps Down as CEO of Fashion Empire

The fashion mogul is stepping down as CEO. Ralph Lauren is stepping down as CEO of the fashion empire that he founded nearly 50 years ago. Yahoo reports Lauren will be handing over the CEO position to Stefan Larsson as his successor.

Puerto Rico News: Latino Legislative Leaders Seek Oversight, Solutions on Island's Debt Crisis

U.S. Rep. Raúl Grijalva, D-Ariz., called for the House Natural Resources Committee to hold a hearing on the role of hedge funds in Puerto Rico's financial crisis.

VW Scandal Update 2015: Fix Could Affect Diesel Cars Performance, Fuel Efficiency

Volkswagen (VW) plans to refit up to 11 million diesel vehicles with proper emission-control systems that will bring them up to pollution standards. However, these fixes could actually cause the vehicles to become less powerful and less fuel efficient, experts said on Tuesday.

Donald Trump Net Worth: Trump Blasts Forbes, Says He's Worth More Than $4.5 Billion

Republican presidential candidate and business magnate Donald Trump has recently heard of his ranking in the Forbes 400 list and this had made him quite unhappy with the magazine's estimate.

Latinos & Social Security: Congressional Hispanic Caucus Members Call for Better Retirement Plans

A coalition of national Latino organizations is campaigning to expand pension access for more millions of Latinos working on their retirement plan, and Latino lawmakers are helping engage the debate.

Más Mejor: Horatio Sanz and Fred Armisen to Bring Millennial Latino Comedy to the Digital World

"Saturday Night Live" alums Horatio Sanz and Fred Armisen are teaming up to launch "Más Mejor," a Latino comedy hub designed to meet the millennial generation where they live: online.

NFL Roster News: Why the Detroit Lions Are in Huge Trouble With Matthew Stafford & Calvin Johnson's Contract

The Detroit Lions are off to a horrible 0-3 start. Damon Salvadore explains why the Lions may be in trouble because of salary cap issues in the future.

2015 Forbes List 400: Meet America's Wealthiest

The latest Forbes 400 list reveals that the rich are getting richer with $2.34 trillion net worth combined. See who made it through the cut.

Samsung Pay App: Service Ready for US; Will Work On Almost Any Device

Samsung Pay is live and ready for use in the U.S. The service will work with Samsung phones and the soon-to-be released Samsung Gear S2 smartwatch.

2016 Presidential Race: Critics Say Donald Trump's Tax Plan Would Drastically Cut Taxes for Wealthy Americans

Republican presidential front-runner Donald Trump unveiled his tax plan on Monday, which aims to slash taxes across the board for millions of Americans and corporations alike.

Two Conferences Tackle How to Market to Latinos

The Latino market is hot. This is evidenced by not one but two conferences on how to market to Latinos in the United States.Portada15's 9th Annual Hispanic Advertising and Media Conference and Engage:Hispanics, presented by Mediapost, were both essentially about reaching not just Latinos as a general population but about reaching the all-important Latino millennials -- the advertiser's holy grail.

Latino Millennials Are Most Valuable TV Consumers, and More From Hispanic Millennial Project

Latinos are the most valuable segment of TV watchers in the millennial generation, findings from a new study indicate.

Volkswagen Scandal: Website Set Up for US Customers with Diesel Cars; Millions of Audis Affected

Volkswagen has created a website for customers who may be affected by the company's recent emissions cheating scandal, which included at least 500,000 vehicles in the U.S.

Netflix Challenges Tech-Savvy Fans to Build 'Chill Button'

Netflix is taking pity on those who need a few hours away from the screen, encouraging them to embark on a DIY project in the basement instead.

Zuckerberg Pushes for Universal Internet Access by 2020

In an effort to help the world achieve universal internet access, Facebook founder Mark Zuckerberg arrived at the UN to discuss his viewpoints.

T-Mobile vs. Sprint: Marcelo Claure Drops From FCC Spectrum Auction

Sprint CEO Marcelo Claure has decided against his company participating in the upcoming FCC spectrum auction. Here's his reasoning.

Social Media Sunday: Facebook's 'Free Basics', New Notes, & Instagram Surpasses Twitter

This week in social media, Facebook renamed its free Internet service to create some separation from its charity offerings, and redesigned a long-forgotten feature of its flagship platform. Meanwhile, Instagram hit a milestone of 400 million users, surpassing continually troubled Twitter.