Puerto Rico

Puerto Rico's economic activity index in August was down 0.7% compared to July.

Puerto Rico's 2013 efforts to financially strengthen its pension plans faltered in 2014 in the face of the commonwealth's overall fiscal problems and an adverse court decision.

Reports are coming out of Puerto Rico that the commonwealth government's finance team is likely to see major changes in the near future.

Puerto Rico Gov. Alejandro García Padilla appointed Victor Suárez Melendez as his new chief of staff Sept. 19.

Puerto Rico's unemployment rate rose to 13.5% in August from 13.1% in July.

Construction on the final phase of a major Puerto Rico housing and commercial development project in San Juan started Sept. 18.

Puerto Rico House of Representatives President Jaime Porelló Borás is working to have Puerto Rico's anticipated $900 million tax and revenue anticipation note governed by New York State law.

Puerto Rico plans to sell a $900 million tax and revenue anticipation note within the next 30 days.

Puerto Rico's August revenues were 5.8% less than projections.

The Puerto Rico Electric Power Authority appointed Lisa Donahue as its chief restructuring officer citing her successful experiences turning around distressed large companies.