John C. Williams spoke to the Puerto Rico Chamber of Commerce about the economy, trade tensions and inflation. #NewsismyBusiness
The drop in real GDP reflected a rise in imports and drops in exports and private fixed investment (PFI), the BEA reported. #NewsismyBusiness
The shares of credit card debt and student debt in Puerto Rico are comparable to the U.S. mainland, according to the New York Fed. #NewsismyBusiness
The Puerto Rico Nonprofit Capacity Building Network, a collaboration among Enterprise Community Partners, NeighborWorks America and the Puerto Rico Community Foundation announced the six Puerto Rico nonprofits selected for the inaugural cohort of the Puerto Rico Leadership Development Initiative. The six nonprofits, representing all major regions across the island, will each receive a $35,000 grant, […]
Federico Stubbe, Jr., president of PRISA Group, which is currently in the final stages of inaugurating its Distrito T-Mobile entertainment complex in San Juan, has been chosen as a member of the Federal Reserve Bank of New York’s Second District Advisory Council. The private-sector group is sponsored by the New York Fed and will hold […]
The Federal Reserve Bank of New York, in partnership with the Youth Development Institute and Family Promise, are hosting a forum on Feb. 13 entitled “Youth Poverty in Puerto Rico and the U.S. Virgin Islands: Updates and Policy Recommendations.” The forum will explore the economic costs and consequences of high rates of child poverty as […]
The Federal Reserve Bank of New York, together with Local Initiatives Support Corporation, will host a Community Development Finance (CoDeFi) workshop on Sept. 12 in San Juan. The event comes as part of the New York Fed’s CoDeFi Progression Model, a framework designed to support and enhance the community development finance ecosystem in the Bank’s […]
The Federal Reserve Bank of New York, in alliance with the Puerto Rico Community Foundation and Inclusiv, have joined to launch Investment Connection program, which seeks to connect local and U.S. mainland banks with community development projects on the island. The Investment Connection Program provides community organizations with a model that boosts an investment, donation […]
New York Fed President John Williams urged Puerto Rico to leverage its natural, cultural and human resources to create a sustainable, strong, vibrant and prosperous economy for future generations. During his two-day visit to Puerto Rico and the U.S. Virgin Islands — which fall under his agency’s jurisdiction — Williams participated in a conversation with […]
This video competition allows universities to integrate different and fun alternative to educate students about important issues in the area of finance.
The Federal Reserve Bank of New York vowed to continue to work closely with financial institutions to help take full advantage of the Community Reinvestment Act.
Colmena66 and the Federal Reserve Bank of New York will hold a one-stop shop to assist small business owners and entrepreneurs.
Federal Reserve Bank of New York President William C. Dudley will visit the U.S Virgin Islands and Puerto Rico on March 6 and 7 to meet with leaders in the local nonprofit, government and business sectors.
The Federal Reserve Bank of New York launched Wednesday the Community Advisory Group (CAG), composed of leaders of nonprofit and community organizations from throughout the Federal Reserve’s Second District.
Federal Reserve Bank of New York President William C. Dudley will visit Puerto Rico Nov. 28-29 to meet with leaders in the local community, government, business and education sectors, the agency announced Wednesday.
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