Economy

BY KAVI PATEL Backed by a 10-0 vote at the December 2015 Federal Open Market Committee Policy meeting, the Federal Reserve decided to increase the target Federal Funds interest rates by .25 percent for the first time since 2006. Chair Janet Yellen reaffirmed her confidence in the U.S. economy in a press conference that followed, and […]

There is a general optimism that the American economy is on an upswing, slowly recovering as it emerges from one of the worst recessions since the 1930s. Yet, one of the fundamental factors that caused the recession—housing finance—continues to be a barrier rather than an opportunity for millions of Americans, especially Latinos.

Enrique Peña Nieto was born on 20 July 1966. He holds a Law Degree from the Universidad Panamericana in Mexico City and a Master’s in Business Administration from the Instituto Tecnológico de Estudios Superiores de Monterrey. He was a State Legislator for the State of Mexico, the most populous one in the country, between 2003 […]