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Stock market hits speed bump but investors stay on bullish path
The stock market’s recent weakness marked a speed bump in a rally that had driven stocks to a series of record highs, but many investors view the pullback as a breather rather than a sign of deeper trouble. The S&P 500 has fallen 2.4% over the last eight sessions as investors fretted over the state of the U.S. economy and elevated valuations of artificial intelligence and technology stocks — sectors that have powered the market this year. “It’s a speed bump. It’s not a wall t

The San Juan Daily Star
Nov 10, 20253 min read


Universidad del Sagrado Corazón launches School of Business
School of Business Dean Dr. Dennis Román stressed that the Universidad del Sagrado Corazón experience extends well beyond the classroom. “Our students are actively involved in internships, co-op programs, company visits, and international educational trips,” he said. By THE STAR STAFF The Universidad del Sagrado Corazón (USC) has officially launched its new School of Business, a forward-thinking initiative designed to equip future business leaders with an entrepreneurial mind

The San Juan Daily Star
Nov 7, 20253 min read
Wall Street opens lower as investors assess corporate earnings, mixed economic data
Wall Street’s main indexes opened lower on Thursday, as investors digested a slate of corporate earnings, while concerns around U.S. tariffs, surging valuations and mixed economic data kept investors on edge. The Dow Jones Industrial Average fell 55.9 points, or 0.12%, at the open to 47,255.12. The S&P 500 fell 8.7 points, or 0.13%, at the open to 6,787.59, while the Nasdaq Composite dropped 38.5 points, or 0.16%, to 23,461.289 at the opening bell. Wall Street lender Goldman

The San Juan Daily Star
Nov 7, 20252 min read


AES Puerto Rico faces payment default after failing to implement cash sweep mechanism
The AES coal-fired power plant in Guayama. AES Puerto Rico is in payment default on its long-term debt and preferred shares after failing to activate a required cash sweep mechanism. By THE STAR STAFF AES Puerto Rico is in payment default on its long-term debt and preferred shares after failing to activate a required cash sweep mechanism -- an automatic process that would have redirected excess operational cash toward debt repayment. The information is contained in a quarterl

The San Juan Daily Star
Nov 6, 20252 min read
US services activity hits 8-month high; employment remains weak
U.S. services sector activity increased to an eight-month high in October as new orders grew solidly, but subdued employment pointed to lackluster labor market conditions against the backdrop of economic uncertainty stemming from tariffs. Comments from businesses in the Institute for Supply Management survey released on Wednesday were mixed. Some viewed activity as flat while the import duties and the ongoing shutdown of the federal government were headaches for others. But s

The San Juan Daily Star
Nov 6, 20252 min read


Kimberly-Clark agrees to buy Kenvue, maker of Tylenol, for $40 billion
Tylenol pills in New York on May 22, 2025. Kimberly-Clark, the consumer products giant that owns Kleenex and Huggies, said on Monday, Nov. 3, 2025, that it agreed to spend about $40 billion to acquire Kenvue, the embattled maker of Tylenol, which has fought unproven claims by the Trump administration that link the common pain reliever to autism. (Eric Helgas/The New York Times) By LAUREN HIRSCH and REBECCA ROBBINS Kimberly-Clark, the consumer products giant that owns Kleenex

The San Juan Daily Star
Nov 5, 20254 min read
Nerves rising about frothy valuations
With one eye on Tuesday’s U.S. local elections, stocks have been knocked back sharply from Monday’s heady highs - partly on Palantir’s 6% earnings-day drop and ahead of Wednesday’s Supreme Court hearings on the legality of some U.S. import tariffs. Despite a headline beat and decent revenue forecast, the poor reaction to the update from AI and data analytics darling Palantir - whose stock has more than doubled this year on AI excitement and government and business demand - ta

The San Juan Daily Star
Nov 5, 20252 min read


A month without data muddles the economic picture
Shoppers browse the various storefronts at the Brickell City Centre mall in Miami, Fla., June 26, 2025. Tariffs and uncertainty were already making the economy hard to read. The loss of government data during the shutdown has made the situation much worse. (Scott McIntyre/The New York Times) By BEN CASSELMAN and COLBY SMITH Tariffs are at their highest rates in decades. Hundreds of thousands of federal workers are going without paychecks. Artificial intelligence is threatenin

The San Juan Daily Star
Nov 4, 20256 min read
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