Under the agreement, new taxes will be imposed but public workers will be spared from furloughs for now, New York Times reports.
The Wilmington-area company announces it will no longer contribute to active employees' pension plans.
The GOP candidate has mobilized Hispanic voters and driven record Latino turnout that could deny him the presidency.
Robert Johnson, RLJ Companies chairman and founder, talks about his proposal to help solve Puerto Rico's debt problem.
U.S. government warnings that a quarter of Puerto Ricans could be infected with Zika are overblown, Clarisa Jimenez said.
Clarisa Jimenez, P.R. Hotel & Tourism Association, provides perspective to the battle to fight Zika in Puerto Rico. And CNBC's Meg Tirrell weighs in on why it's important to take precautions against the virus.
Economic data is in focus after the Fed came out cooing like doves when markets expected a full-throated hawkish tone.
Passing PROMESA was the first step to fixing Puerto Rico's finances. Here's what Obama and party leaders need to do next, says Stephen Spencer.
CNBC's Meg Tirrell reports the latest numbers on Zika virus infections in Puerto Rico.
CNBC's Meg Tirrell discusses a Zika research pact and the White House urging bipartisan approval for Zika funding.
Congress must agree on a bill to fund efforts to control the Zika virus next week, or risk harm to pregnant women and their babies.
CNBC's Meg Tirrell reports that the Zika virus is beginning to pick up steam in Puerto Rico, as some 50 women are becoming infected each day.
CNBC's Meg Tirrell reports on the dire Zika situation in Puerto Rico.
Protesters in Puerto Rico came out today over new federal controls regarding the island's finances. Some are even calling for a 'Prexit.' CNBC’s Michelle Caruso-Cabrera speaks with Nader Tavakoli, Ambac Financial Group CEO, about the debt.
Ambac Financial Group is one of the largest insurers of Puerto Rico's debt and has some exposure to today's defaults. Nader Tavakoli, Ambac CEO, discusses.
The cash-strapped island is expected to miss a payment of $2-billion in debt obligations on Friday.
Puerto Rico is set to register its largest default to date on Friday as $2 billion in debt payments are due to its creditors.
The Senate passed the bill just two days before the island makes a $2-billion payment to creditors.
CNBC's John Harwood reports that the Senate has passed a bill to restructure Puerto Rico's debt.
Shares of MBIA, Assured Guaranty and Ambac Financial spiked after a Puerto Rico rescue package passed the Senate.