SAN JUAN, Puerto Rico - Puerto Rican officials warned Monday the island's default on a $422 million bond payment is only the beginning if the U.S. Congress doesn't help resolve the situation soon ...

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

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 ...

“Puerto Rico’s debt is unpayable,” said former Gov. Alejandro García-Padilla in 2015. Under his administration and President Obama’s last term, PROMESA was imposed, including its ...

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 ...

Sen. Bernie Sanders (I-Vt.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) led more than a dozen lawmakers in a call to reverse the crippling austerity imposed on Puerto Rico.

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.