It easily found investors. But Puerto Rico can no longer afford what it owes. The island is reeling under more than $70 billion of debt, and officials there have warned about its inability to pay ...

Ever since Hurricane Maria and Irma devastated Puerto Rico, a looming question has been what will happen to the island’s $74.8 billion in debt, which had crippled its economy even before the ...

When America's eyes turned to Puerto Rico after the island was devastated by Hurricane Maria last month, President Donald Trump was quick to condemn the "massive debt" the island was dealing with ...

For years, Puerto Rico has grappled with an ever-mounting debt crisis, watching as its public-sector bills have grown to more than $70 billion. Including what the U.S. territory owes to pension ...

"Fund managers, they will not admit this now, but when Puerto Rico was selling debt like pancakes, they loved Puerto Rico debt," Marxuach said. "You would put ... these Puerto Rico bonds into your ...

Puerto Rico will miss a major debt payment today. — -- Puerto Rico’s government failed to make a large debt payment today – a default that could intensify the island’s financial crisis.

While analysts point to years of bad Puerto Rico government policies as primary cause of the commonwealth's debt problem, in which bond obligations ballooned while its economy stagnated ...

Puerto Rico recorded 2,502 bankruptcy filings from January through May 2025, a 6.4% increase compared to the same period in 2024, when 2,351 petitions were submitted, according to the latest report ...

Cancel anytime. SAN JUAN, Puerto Rico — The government of Puerto Rico confirmed Monday that it failed to make a $58 million debt payment in a significant escalation of the debt crisis facing the ...

Yet Puerto Rico today is in crisis. "America's Greece," some say. It's makes more headlines for its unpaid $70 billion debt than its paradise beaches. How did it get this bad? Related: Puerto Rico ...

Fitch Ratings downgraded the issuer default rating of Genera PR, the power generating company for the Puerto Rico Electric ...