Business

Texas Ranks Second Best State for Minority Business Owners, Study Finds

In a recent study conducted by Clarify Capital, Texas emerged as the second-best state for minority business owners, reinforcing its reputation as a hub of opportunity and diversity. The study also revealed that Texas holds the fourth position for minority-owned businesses generating revenue exceeding $1 million. Notably, the Lone Star state shares the top spot with five others for maintaining a zero percent maximum state corporate tax rate, further enhancing its appeal to entrepreneurs.
8 months ago

Turkey Implements Trade Ban on Israel Amid Ongoing Gaza Conflict

Effective immediately, Turkey has suspended all imports and exports to Israel until a permanent cease-fire is achieved and unrestricted humanitarian aid is allowed to reach Gaza. This action highlights Turkey's determination to play a role in resolving the conflict and providing relief to affected civilians. The trade ban comes amidst conflicting reports on the casualty figures, with Gaza's Health Ministry reporting significant civilian casualties, including women and children. Israel's military, however, contends that its operations have targeted militants and accuses Hamas of using civilians as shields.
8 months ago

Latino-Owned Businesses: Catalysts for Economic Growth and Resilience

Latino entrepreneurs are at the forefront of business creation, launching ventures at a rate twice that of the general U.S. population. In 2023 alone, they spearheaded 36% of new business launches, showcasing their dynamic presence in the market. This surge is not just a statistic; it represents a seismic shift in economic power. Despite comprising a fraction of the population, Latino-owned businesses collectively generate over $800 billion in annual revenue. Their contribution extends beyond financial figures, as they are responsible for creating nearly two-thirds of all new jobs in America, fueling economic growth, and fostering vibrant communities.
9 months ago

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