A persisting puzzle about the U.S. economy is how it can seem both strong and weak. On the one hand, it remains a citadel of innovation, producing new companies like Uber. On the other, the economy is expanding at a snail’s pace of 2 percent annually since 2010. How could both be true? Why isn’t innovation translating into faster growth? The answer -- or part of the answer -- is that American businesses are running on two separate tracks. Call them the “youthful” and “middle-aged” tracks.
El pomposo y vicioso fiscal se declara culpable de cargos de corrupción en el octavo día de un proceso penal federal sin precedentes. Las autoridades se llevan al fiscal en cuestión a prisión, enmanillado... Así transcurrió otro capítulo de la sórdida saga de Seth Williams, el ex fiscal de distrito (D.A.) de Filadelfia.
The pompous, pilfering prosecutor pleads guilty to corruption charges on the eighth day of his unprecedented federal criminal trial. Authorities haul this prosecutor off to prison in handcuffs…another segment in the sordid saga of Seth Williams – Philadelphia’s now former District Attorney.
When the next financial crisis hits -- an event that may be years or decades away -- we will learn whether this Congress and the president drew the right lessons from the 2008-09 financial crisis. Congress is arguing over whether government can avoid “bailouts” of large financial institutions and still prevent a full-blown crisis. With all of President Trump’s trials and tribulations, hardly anyone is paying attention.
Puerto Rico's Government Development Bank (GDB) reached a debt-restructuring agreement with a "significant group" of creditors, avoiding a protracted bankruptcy.
The Affordable Care Act (ACA) approved by Obama in 2010, was, despite its failures, his greatest national political achievement which provided health insurance to tens of millions of people and saved as many millions of families who almost fell into bankruptcy because one of their family members were sick.
Puerto Rico on Wednesday sought relief under a law enacted to help the United States commonwealth restructure its massive debt load, paving the way for what could be the largest-ever bankruptcy case involving a US local government entity.
On Sunday, September 25th 2016, Leguizamo came to Philadelphia with the Campaign for Hillary for America, in which he frantically zig-zagged through four events across the city that celebrated hispanidad to promote voter registration and the official launch of IWillVote.com. But, before he got to The Puerto Rican Day Parade, Festival El Coqui, Boricuafest, and Pennsylvania Victory, he spoke with AL DÍA, bluntly effusing about his political interests and his experience as a Latino in Hollywood.
Rodriguez Carrión is the first native of Puerto Rico to be awarded the Woodmere Art Museum Purchase Prize. Its work, Exodus, talks about the Puerto Rican diaspora to the US.
Puerto Rico recurre a la protección contra la bancarrota.
Puerto Rico files for bankruptcy protection.
The U.S. Senate has finally responded to the debt crisis in Puerto Rico with the new Promesa law. The problem is, Puerto Ricans have no say in how they will begin to dig out of the deep debt hole they find themselves in.
Excerpt from just one of the many letters I received after having included the phrase "the current anti-immigrant atmosphere" in a recent column:"Unfortunately you are mistaken in using the phrase 'anti-immigration atmosphere'. Many American citizens with brown, black, white, or even yellow skin are angry with ILLEGAL immigrants and the damage they have done to our country.