Rep. Alexandria Ocasio-Cortez condemned the corporate profiteering of "vulture funds" during a hearing, spotlighting how ...

Puerto Rico's debt is 93% of the island's gross domestic product - a ratio that is higher than that of Spain. The island's economy has contracted every year since 2006.

“Puerto Rico’s debt is unpayable,” said former Gov. Alejandro García-Padilla in 2015. Under his administration and President Obama’s last term, PROMESA was imposed, ...

SAN JUAN, Puerto Rico (AP) — Puerto Rico’s governor on Wednesday announced a historic restructuring of a portion of the U.S. territory’s $70 billion debt through courts after negotiations ...

Laura Loomer faces internet backlash after ‘body shaming’ AOC during NYC’s Puerto Rico day - Social media users came out swinging at Laura Loomer after she shared a post ‘body shaming ...

The justices ruled 5-2 that Puerto Rico's 2014 statute, which would have let it cut billions of dollars in debt at public utilities over creditor objections, conflicted with federal bankruptcy law.

NEW YORK, July 17 (Reuters) - A creditor group that holds $3 billion in Puerto Rico bonds has backed a new law that allows the Commonwealth to restructure some of its debt and said it could be a ...

Standard & Poor's on Tuesday cut its credit rating on Puerto Rico, dropping the cash-strapped U.S. territory's debt to junk-bond status on concerns about its ability to access capital markets.