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Some economists say the changes, such as a rise in minimum wage, would be a negative for the local economy.
January 6 -
The aid is in response to Hurricanes Irma and Maria, which hit the island more than three years ago.
January 6 -
Bankruptcy judge Swain barred the government from implementing and enforcing the revenue and spending laws the Oversight Board had challenged.
December 24 -
With the November jobs report showing a decline in employment, and the coronavirus raging, economists debate the state of the commonwealth's economy heading into the new year.
December 23 -
Bondholders say Puerto Rico is in a good position to pay the amounts listed in the February 2020 proposed Plan of Adjustment.
December 22 -
The board wants to increase tax compliance, spend more on healthcare capital projects, and advance the release of CAFRs, among other things.
December 18 -
He has a background working in the island's pharmaceutical industry and for the island's government working to attract and retain private sector firms.
December 15 -
How assumptions are settled on revenues, spending, and the economy will affect the Commonwealth debt plan.
December 14 -
Bid list volume is trending higher into the end of the year, but its share as measured against overall high demand does not pose much of a threat, analysts say. Refinitiv Lipper reports $992 million of inflows.
December 10 -
The largest tranche of the deal, $706 million with a 5% coupon in 2047, yielded 4.15%, a 275 basis point spread over triple-A paper.
December 10