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Trump and India call off their trade war, but the terms of peace are murky
President Donald Trump shakes hands with Prime Minister Narendra Modi of India at the White House in Washington, Feb. 13, 2025. Trump announced on Monday, Feb. 2, 2026, that the United States had reached a trade arrangement with India to roll back some of the punishing tariffs he had imposed on its products, in return for India’s dropping its tariffs on some American goods and ceasing its purchases of Russian oil. (Eric Lee/The New York Times) By ALEX TRAVELLI The economic wa

The San Juan Daily Star
Feb 44 min read
S&P, Nasdaq futures edge up as earnings deluge takes center stage
Futures tracking the S&P 500 and the Nasdaq edged higher on Tuesday, steadying after a precious metals rout in the previous session, as investors geared up for a flood of corporate results through the week. Teradyne shares surged 20.8% in premarket trading after the chip-testing equipment maker forecast first-quarter revenue and profit above analysts’ estimates, citing strong demand tied to multibillion-dollar spending by big tech on data-center expansion. “It’s been a

The San Juan Daily Star
Feb 42 min read


Three hours of free power and other ideas to lower utility bills
President Donald Trump delivers remarks during an “Unleashing American Energy” executive order signing event at the White House in Washington, April 8, 2025. Energy experts said that governors, state lawmakers and utility regulators could do a lot of things that could have a big impact on energy costs in the relative short term. (Eric Lee/The New York Times) By IVAN PENN and REBECCA F. ELLIOTT President Donald Trump and Democratic and Republican governors this month announced

The San Juan Daily Star
Feb 35 min read
S&P 500 rallies to record high territory; small caps jump
The S&P 500 rallied to record-high territory on Monday, lifted by gains in chipmakers and other companies related to artificial intelligence, while smaller companies also rose sharply. The Russell 2000 index jumped 1.6%, with the small-cap index significantly outperforming the S&P 500 and Nasdaq so far in 2026. Alphabet and Amazon each rose more than 1% ahead of their quarterly reports later this week that will give investors an additional glimpse of the race to dominat

The San Juan Daily Star
Feb 33 min read


A hawkish Kevin Warsh at the Fed could haunt Bessent
Treasury Secretary Scott Bessent during a roundtable in the Cabinet Room of the White House in Washington, Dec. 8, 2025. Bessent led the vetting process for the next Federal Reserve chair. (Tierney L. Cross/The New York Times) By ALAN RAPPEPORT At a rally in Iowa in January, President Donald Trump heaped praise on Treasury Secretary Scott Bessent, declaring that he had “become a real star” who knows his business. That star status could be at stake if Trump ends up being disap

The San Juan Daily Star
Feb 24 min read
Global equity funds attract inflows for third week in a row
Global equity funds had a third straight week of inflows in the week to January 28 on upbeat earnings expectations, while safe-haven assets like gold and bond funds also saw solid demand amid uncertainty over potential U.S. tariff moves under President Donald Trump. Global equity funds attracted $33.39 billion worth of inflows in the week, compared with about $9.5 billion worth of inflows in the previous week, LSEG Lipper data showed. By region, European equity funds

The San Juan Daily Star
Feb 22 min read


New Fortress in restructuring talks to give creditors equity
According to a report, New Fortress Energy bondholders under a proposed restructuring support agreement would take control of NFE’s Brazil assets, while term loan lenders would see recoveries through value tied to an FLNG 1 LNG offshore facility in Mexico. The recovery value for its term loan debt would be tied to an LNG terminal in Puerto Rico and other downstream assets. (Facebook via New Fortress Energy) By THE STAR STAFF New Fortress Energy (NFE) is working on a proposed

The San Juan Daily Star
Jan 302 min read


J. Jaramillo Insurance purchases Guaynabo building as part of expansion plan
J. Jaramillo Insurance plans to invest more than $3 million to modernize the existing property in Metro Office Park in Guaynabo, raising its construction value to over $20 million. By THE STAR STAFF J. Jaramillo Insurance (JJI), an insurance firm in Puerto Rico, has purchased a building in the Metro Office Park complex in Guaynabo as part of a broad expansion plan that includes multimillion‑dollar upgrades and long‑term development. The company plans to invest more than $3 mi

The San Juan Daily Star
Jan 302 min read
York Space valued at $4.75 billion in NYSE debut on Pentagon spending bets
York Space Systems clinched a valuation of $4.75 billion in its market debut on Thursday, as investors bet on sustained Pentagon spending on space and defense to drive growth. The Denver, Colorado-based company’s stock opened 11.8% higher at $38 on the New York Stock Exchange. It raised $629 million in an upsized U.S. initial public offering on Wednesday after selling 18.5 million shares. “The listing suggests that the market is open for new defense and space stocks

The San Juan Daily Star
Jan 302 min read


Trump says he will raise tariffs on South Korea to 25%
President Lee Jae Myung of South Korea presents President Donald Trump with the Grand Order of Mugunghwa, left, South Korea’s highest decoration, and a replica of a crown excavated from ancient royal tombs, at the Gyeongju National Museum in Gyeongju, on Wednesday, Oct. 29, 2025. President Trump said Seoul was not moving fast enough to implement an agreement, which calls for South Korea to invest billions in the United States. (Haiyun Jiang/The New York Times) By ANA SWANSON

The San Juan Daily Star
Jan 293 min read
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