07/21/14 12:15 AM
SAN JUAN, Puerto Rico (AP) — Puerto Rico's government has managed its first balanced budget in more than a decade. Sales tax revenues are up and the publicly owned power company has won breathing room to pay its debts. The U.S. territory has managed to buy some time to stave off an economic...
07/17/14 07:00 PM
SAN JUAN, Puerto Rico (AP) — U.S. investors on Thursday pressed Puerto Rico government officials about the financial health of the island's power company amid fears it might soon seek to restructure millions of dollars in debt. The questions came after a nearly two-hour webcast in which...
07/02/14 05:30 PM
SAN JUAN, Puerto Rico (AP) — The U.S. Treasury Department says the government has received a total of $946 million in repayment from the Puerto Rican bank Popular Inc. as part of a federal bailout program. The treasury said Wednesday that Popular was the largest bank that remained in the...
By Elias R. Gutierrez | 06/20/14 12:00 PM
After nine years of economic stagnation, Puerto Rico is in desperate need of private investment, as the island teeters on financial collapse.
By Paul Bedard | 07/29/14
By Ashe Schow | 07/29/14
By Philip Klein | 07/28/14
By Noemie Emery | 07/29/14
By Charles Hoskinson | 07/28/14