Puerto Rico Financial Crisis

Puerto Rico Financial Crisis, Puerto Rico has been dubbed "America's Greece." The island defaulted on its debt for the first time ever on Monday. If you're just catching up, here's the latest on the crisis -- and what you need to know. Last updated August 3 at 3:50pm ET. 1. Puerto Rico is now in default. It paid only $628,000 of a $58 million de.. Continue Reading...