Tag: economy

Puerto Rico Lost $2.6 Million on Phishing Scam

Puerto Rico Lost $2.6 Million on Phishing Scam

Yesterday, the Police shared a complaint issued by the director of finance of Puerto Rico's Development Company, also referred to as PRIDCO and FOMENT ...
Puerto Rico Tentative Debt Secret Deals

Puerto Rico Tentative Debt Secret Deals

The Fiscal Oversight and Management Board overseeing Puerto Rico’s debt restructuring have reached a tentative agreement with bondholders that moves t ...
Netflix $3 Mobile-Only Plans

Netflix $3 Mobile-Only Plans

Netflix pilotted a mobile-only plan in India on a small scale.  After seeing it's success, Netflix decided to make it available to everyone in the cou ...
More store closures will arrive: it is estimated that 12,000 stores could close at the end of 2019

More store closures will arrive: it is estimated that 12,000 stores could close at the end of 2019

The retail apocalypse shows no signs of slowing down. Eight months after 2019, 29% more store closures have been announced than in all of 2018, acc ...
Presidential Candidate Tulsi Gabbard in with the Jones Act – Controversial

Presidential Candidate Tulsi Gabbard in with the Jones Act – Controversial

  The 2020 presidential race has begun. So, there are a number of questions that potential voters will ask and even challenge. One natural que ...
Puerto Ricans flood streets, demand resignation of governor in huge protest

Puerto Ricans flood streets, demand resignation of governor in huge protest

Over 500,000 protesters at the "March of the People," as it's being called, paralyzed the San Juan metropolitan area a day after Ricardo Rosselló said ...
US-Mexico tariffs and markets

US-Mexico tariffs and markets

  What we're covering here today Markets check: US stocks tumbled and the Dow closed below 25,000 after Trump threatened tariffs on Mexico. ...
Tesla stock drops amid safety concerns

Tesla stock drops amid safety concerns

Tesla's stock slid Monday after an analyst at Wedbush Securities raised concerns about its ability to meet production goals and amid fresh worries ove ...
Fed holds interest rates steady, ignoring Trump — again

Fed holds interest rates steady, ignoring Trump — again

President Trump tweeted this week that the Fed should slash rates by one percentage point — a move only implemented when the nation was submerged in a ...
PROMESA Board Selective Process, Bad Actors, Congress and Distrust

PROMESA Board Selective Process, Bad Actors, Congress and Distrust

  On Wednesday April 24th, in Federal court located in San Juan and streamed live via close circuit to a Federal court in New York City, Judge ...