economy - News is My Business

As Congress remains gridlocked, the political impasse in Washington threatens to disrupt food aid for nearly half of Puerto Rico’s residents, underscoring the island’s heavy reliance on federal funding to meet basic needs. (Credit: Waingro | Dreamstime.com)

Shutdown spotlights Puerto Rico’s federal dependency

Personal de NIMB 31 de octubre de 2025

As the U.S. shutdown drags on, economist Graham Castillo warns that Puerto Rico’s food aid crisis shows its heavy reliance on federal aid. #NewsismyBusiness

0 Comentarios 2604 Views

Chantal Benet, de Inteligencia Económica, presenta las conclusiones del informe sobre el impacto del sector de las telecomunicaciones en 2025 encargado por la Alianza Puertorriqueña de Telecomunicaciones.

Destacado, Telecomunicaciones/Tecnología

El sector de telecomunicaciones de Puerto Rico supera los $3.5B de inversión

Personal de NIMB 30 de octubre de 2025

Un estudio de APT revela que la industria genera miles de millones en salarios, miles de empleos y sigue siendo vital para el crecimiento económico de la isla. #NewsismyBusiness

0 Comentarios 2795 Views

The Puerto Rico No Se Vende coalition released “Dolor y lucro: los inversionistas con múltiples exenciones contributivas que empobrecen a Puerto Rico” (“Pain and Profit: Investors with Multiple Tax Exemptions that Impoverish Puerto Rico”), a study examining the impact of the island’s tax incentive system.

Destacado, Noticias generales sobre negocios

Study: Puerto Rico lost $18B to investor tax incentives

Personal de NIMB octubre 29, 2025

The Puerto Rico No Se Vende coalition warns of deepening inequality as the government expands audits to curb noncompliance under Act 60. #NewsismyBusiness

3 Comments 4528 Views

Nickolaus Cortese, executive vice president of Grand Reserve Puerto Rico, announced the start of construction on Marea Residences, a $100 million oceanfront development in Río Grande.

Destacado, Noticias generales sobre negocios

Construction begins on $100M Marea Residences project

Personal de NIMB octubre 29, 2025

Luxury development at Grand Reserve Puerto Rico marks new phase of high-end tourism and residential growth in Río Grande. #NewsismyBusiness

0 Comentarios 4075 Views

Puerto Rico remains trapped in a “The Truman Show”-like cycle, endlessly reliving the same governance failures the Tobin Report warned about, writes Antonio Santos, a hospitality and tourism professional and former House candidate. (Image generated by ChatGPT)

Opiniones empresariales

Puerto Rico’s Truman Show: Stuck in fiscal déjà vu

Colaborador octubre 29, 2025

Half a century after the Tobin Report, Puerto Rico still repeats its fiscal mistakes, writes Antonio Santos. #NewsismyBusiness

0 Comentarios 1438 Views

Yamil J. García-Díaz, president of the Cooperativa de Seguros Múltiples, announced $50,000 in donations to five community organizations in Puerto Rico.

En resumen

Seguros Múltiples y FHLBNY financian a organizaciones sin fines de lucro que impulsan el desarrollo local

Personal de NIMB 28 de octubre de 2025

Cooperativa de Seguros Múltiples donates $50,000 to five community groups in Puerto Rico. #NewsismyBusiness

0 Comentarios 1385 Views

Esteban Colón and Beatriz Castro present the findings of the 2025 Consumer Foresight Study during the SME Marketing Summit in San Juan.

Destacado, Noticias generales sobre negocios

SME study finds Puerto Ricans prioritize stability, value

Michelle Kantrow-Vázquez 24 de octubre de 2025

Six in 10 expect financial improvement in 2025, while savings, health and emotional well-being top spending priorities. #NewsismyBusiness

0 Comentarios 2994 Views

José Rafael Fernández, director general de Oriental y miembro del consejo de administración del Banco Federal de Préstamos Hipotecarios de Nueva York.

Banca, Destacado

OFG Bancorp posts solid Q3 gains, boosts AI strategy

Personal de NIMB octubre 23, 2025

Oriental Bank parent reports higher revenue, stable credit quality and plans expansion of AI tools for business clients. #NewsismyBusiness

0 Comentarios 2932 Views

The Center for a New Economy marked the Tobin Report’s 50th anniversary with the event “50 Years Since the Tobin Report on Puerto Rico.”

Opiniones empresariales

50 years after Tobin, Puerto Rico’s next industrial revolution is digital

Personal de NIMB 20 de octubre de 2025

Parallel18’s Rodota says the island’s economic future rests on startups that drive local ownership and global reach. #NewsismyBusiness

0 Comentarios 1812 Views

Jeffrey Quiñones-Díaz, a partner at The Consulting Lead LLC and a public affairs and policy consultant, warns that efforts to devalue the U.S. dollar while preserving its global reserve status could threaten financial stability. (Credit: Imagepixel/Dreamstime.com)

Opiniones empresariales

A layperson’s perspective: The dollar’s double game

Colaborador 16 de octubre de 2025

A policy consultant warns that attempts to weaken the U.S. dollar while maintaining its reserve currency status could spark global instability and hyperinflationary risk. #NewsismyBusiness

0 Comentarios 1285 Views