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

Op-Ed: Puerto Rico needs more than an AOC-inspired morale boost to recover from its disasters A view of the plastic tarps in the Barrio Obrero area of San Juan, Puerto Rico, where many homes have ...

Puerto Rico has also been grappling with negotiating the restructuring of debt with creditors owed $120 billion in bond and pension obligations, after the Puerto Rican government declared the debt ...

The day after the law was signed, the island’s governor, Alejandro Garcia Padilla, suspended nearly $2 billion of debt payments that Puerto Rico was supposed to make.

Eleven years later, Puerto Rico debt has skyrocketed to $70 billion — and that's not even counting the $43.2 billion it owns its own people in pension payments.

In late June, Puerto Rico Governor Alejandro García Padilla made a worrisome announcement that the island cannot pay back its $72 billion in public debt, the New York Times reported. Padilla and ...

If the grandmother of U.S. Rep. Alexandria Ocasio-Cortez has suffered in Puerto Rico since Hurricane Maria in 2017, then Puerto Rican politicians are to blame, not former President Trump.

Puerto Rico’s government is suing a private power company, claiming it is responsible for damages to appliances caused by ...

U.S. District Judge Laura Taylor Swain ruled on Tuesday that the bondholders weren’t entitled to any recovery from Puerto Rico on their debt bonds, as their claims arose from the “purchase or sale of ...

Puerto Rico AOC, Dems rally to free Puerto Rico of its ‘colonial bonds,’ give it statehood option The bill could struggle to find votes in the Senate so close to the end of the legislative session ...

For years, the nation's largest banks made millions off Puerto Rican debt as the island approached financial ruin. Then, with its infrastructure crumbling, a Category 4 hurricane barreled in.