Illegal immigration flow to the U.S. during the two years ended March 2009 fell by the most in 20 years and dropped about 45% from the two years ended March 2007 because of a combination of a slowing U.S. economy and heightened border patrol, Pew Research Center said in a report released Wednesday.
The State Department's "Travel Warnings" list defines the countries the U.S. government believes are dangerous to visit. Yet some countries on the list are quite interesting -- and popular tourist destinations to boot.
With the U.S. consumer economy in the doldrums, the impact is being felt globally. From China to Germany and Canada to Japan, America's major trading partners are struggling to adapt to a sudden decline in U.S. imports.
A Bloomberg Markets magazine article follows the trail of cocaine and drug money through the Mexican cartels and finds millions of dollars flowed through major U.S. banks, such as Wachovia and Bank of America.
Spanish bank Banco Santander is repurchasing a 24.9% stake in Santander Mexico from Bank of America, restoring its virtually complete ownership in its Mexican unit.
After failing to land a Wall Street job, Stephen Greer sought his fortune in China and found it in the business of scrap metal. He recounts his experiences, and shares some of his hard-won knowledge about developing-world capitalism, in his book "Starting From Scrap: An Entrepreneurial Success Story."
Once among Mexico's most prosperous cities, Ciudad Juarez has lost 120,000 jobs and 6,000 businesses in two years amid rising drug violence. The problems threaten the city's maquiladoras, which employ 80% of the workforce.
Mexico's Carlos Slim Helu tops Forbes's World's Billionaires 2010 list, unseating perennial inhabitants Bill Gates and Warren Buffett and becoming the first non-American to top the list since 1997.
California's Lunera Lighting is a cutting-edge LED maker that's using a contract manufacturer in the East Bay, near San Francisco. Its reasons for doing so shed light on some forces that could aid other U.S. manufacturers in the race for global competitiveness.