Puerto Rico's job base continues to shrink, taking its economy along with it.» Read More
Michael Zinn, UBS Wealth Management senior v.p., and Joseph LaVorgna, Deutsche Bank, share their thoughts on the financial stability of the euro zone as creditors knock on Greece's door. You have to have a way to collect taxes, says LaVorgna.
Peter Schiff, CEO of Euro Pacific Capital, says U.S. markets are more vulnerable to a spillover from Puerto Rico's long-simmering debt crisis, instead of Greece.
Puerto Rico's governor called for a reform process and repayment delays as the island struggles to meet its debt obligations.
There will be a ripple effect in the muni bond market, Alexandra Lebenthal said. Will there be contagion?
As Puerto Rico's dire fiscal and economic situation becomes more acute, it could see its population decreasing even further.
CNBC's Bob Pisani reports how traders are viewing Puerto Rico's debt problem.
Puerto Rico's bond crisis is raising questions close to home. Alexandra Lebenthal of Lebenthal & Company, provides perspective.
Puerto Rico's Gov. Alejandro García Padilla told the NYT his island nears a "death spiral" economically, with CNBC's Kate Kelly.
Four issues facing world markets š Greece, China, Puerto Rico and a Fed rate hike — could add up to trouble for U.S. stocks, says Ron Insana.
Puerto Rico's governor warns the island can't pay back 72-billion dollars in public debt.
The false perception is that "if you give Puerto Rico the authority to file for bankruptcy, that's the equivalent of a federal bailout."
Several states and municipalities are issuing bonds as they struggle with ballooning pension costs, the New York Times reports.
Jeffrey Gundlach, founder of investment firm DoubleLine Capital, has made a bold recommendation to investors: Buy Puerto Rican general obligation bonds.
Jeffrey Gundlach has made a bold recommendation to investors: Buy Puerto Rican bonds. Here's his thinking.
Jeffrey Gundlach recently doubled his investment in Puerto Rico's debt, but that's no reason for the average investor to jump in, a bond pro said.
Alexandra Lebenthal, Lebenthal Holdings CEO, discusses buyer risks and investing in Puerto Rico debt.
Puerto Rico has for years been dubbed "Greece in the Caribbean" because of high debt levels and a flagging economy.
Standard & Poor's downgraded Puerto Rico's general obligation rating to "CCC+" from "B" in a Monday morning announcement.
Declining oil prices, the U.S. energy revolution and changing relations with Cuba have created new opportunities for energy investment in the Caribbean.
Warehouse giant Costco announced Monday that it has entered into a new credit card program agreement with Citi and an incentive agreement with Visa.