New York, EFE-Hundreds of curious onlookers gathered Friday outside the Nasdaq stock exchange in the iconic Times Square plaza to celebrate the IPO of SpaceX, Elon Musk’s company focused on rocket manufacturing, satellite launches, and artificial intelligence (AI), and to show their support for the billionaire. The crowd — which watched from the street as […]
Washington (EFE) — U.S. consumer prices surged to 4.2% year-over-year in May, the highest level since April 2023 and in line with analyst forecasts, as energy costs driven by the Iran conflict continue to push inflation higher. The figure, released Wednesday by the Bureau of Labor Statistics (BLS), is 0.4 percentage points above April’s reading […]
San Juan- Puerto Rico has surpassed its all-time cruise passenger record — and the fiscal year isn’t over yet. The Puerto Rico Tourism Company (PRTC) announced Wednesday that the island received 1,827,010 cruise passengers through the end of May, eclipsing the previous record of 1,814,157 set in fiscal year 2019. The figure includes arrivals at […]
New York — Wall Street closed mixed Tuesday as major technology and semiconductor stocks extended a volatile stretch driven by Middle East tensions, Federal Reserve uncertainty, and the looming SpaceX IPO on Friday. The Dow Jones Industrial Average edged up 0.17% to close at 50,872 points. The S&P 500 slipped 0.26% to 7,386, while the […]
San Juan — The last time Puerto Rico saw this many people — especially young people — considering leaving the island was in the wake of Hurricane María in 2017 and the 2019 earthquakes. That’s the sobering benchmark Richard Valdés, chair of MIDA’s Consumer Radiography Committee, offered Tuesday as he presented findings from the trade […]
Geneva (EFE) — Three out of every four people on the planet — some 6 billion fans — are expected to follow the FIFA World Cup kicking off this Thursday, while the tournament is projected to inject $41 billion into global GDP, according to a report published Tuesday by Swiss banking giant UBS. The study, […]
Washington, (EFE) — The U.S. trade deficit fell 1.2% in April to $55.9 billion, the second full month after the Supreme Court struck down much of President Donald Trump’s tariff framework, according to data released Tuesday by the Census Bureau and the Bureau of Economic Analysis (BEA). The figure represents a $700 million decline from […]
New York, (EFE) — Wall Street ended Monday on mixed ground, but the Nasdaq gained 0.86% as technology stocks clawed back some of their losses after last Friday’s brutal session — the sector’s worst in over a year — triggered by growing expectations that the Federal Reserve will raise interest rates. At the close of […]
The Municipality of San Juan has secured a court-approved stipulation that grants it direct access to the Puerto Rico Aqueduct and Sewer Authority’s (PRASA) operational systems, data platforms, and decision‑making processes for the metropolitan water network—an unprecedented shift in governance prompted by months of service instability affecting the capital’s residential and commercial sectors. The stipulation, […]
