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The decline in the unemployment rate is mostly due to emigration, a challenge as the territory restructures its debt.
May 18 -
April’s General Fund collection was 15.7% higher than that of April 2017.
May 16 -
The consensual plan for $4.2 billion of Government Development Bank bonds amounts to repayment of 55 cents on the dollar.
May 11 -
GAO says Congress should consider giving SEC penalty authority over issuers, stripping Puerto Rico's triple-tax exemption,and expanding investor protection.
May 9 -
Bondholders will have to rely on the Oversight Board or the courts for debt service, analysts said.
May 7 -
Puerto Rico would have to have a vibrant economy and a stable government that is fiscally sound, said Rep. Rob Bishop.
May 4 -
A probe into possible wrongdoing prompted Gov. Ricardo Rosselló to jettison five staffers, weakening his administration at a critical juncture in the commonwealth's debt restructuring.
May 3 -
The Oversight Board is close to the governor on debt even as they publicly disagree over austerity policies.
May 2 -
Matosantos' ownership of renewable energy businesses on the island is said to conflict with responsibility overseeing PREPA.
April 11 -
General obligation holders said that the sales taxes supporting COFINA are resources that the territory's constitution promises to them.
April 10