Puerto Rico's tourism industry is chugging along briskly, with officials saying the fallout from the island's cash woes is contained.» Read More
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.
Puerto Rico is not the "Greece of the Caribbean." Its woes are only short-term and its long-term prospects look good, says Ike Brannon.
Investors who already own slipping Puerto Rico bonds may not need to fret if they are insured, a municipal bond expert said.
Many Americans chase yield. Time to buy Puerto Rico bonds? Alexandra Lebenthal, Lebenthal & Company president & CEO, says absolutely not.
Puerto Rico bonds are too risky for the average investor, but for those who want in, here's what to avoid, one muni bond expert said.
A federal judge ruled Puerto Rico's restructuring law aimed to protect the government from bankruptcy illegal. Insight, with Laurence Gottlieb, Fundamental Advisors CEO.
Retail development is underway in Puerto Rico, despite the U.S. territory's challenged economy.
Investors should avoid buying municipal bonds from Puerto Rico, Alexandra Lebenthal, president and CEO of Lebenthal Holdings, tells CNBC.
Alexandra Lebenthal, Lebenthal Holdings CEO, shares insight to the municipal bond market and why investors should stay away from Puerto Rico municipal bonds.
The commonwealth's Government Development Bank says the transit system can't make payroll without a tax increase.
Puerto Rico's economic activity has slumped to its lowest level in two decades, according to an index released by the commonwealth's Government Development Bank.