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Tankers under sanction are only a subset of fleet moving Venezuelan oil
An oil tanker anchored at the docks of the Cardon Refinery in Punto Fijo, Venezuela, Dec. 30, 2021. President Donald Trump’s blockade on oil tankers under sanction near Venezuela will almost certainly make it more difficult for the country to export oil — but it is unclear how sweeping the prohibition will prove to be. (Adriana Loureiro Fernández/The New York Times) By REBECCA F. ELLIOTT President Donald Trump’s blockade on oil tankers under sanction near Venezuela will almos

The San Juan Daily Star
Dec 19, 20252 min read


Monllor Capital invests in solar module producer Solx
Solx’s Aguadilla facility is designed to supply up to one gigawatt of annual manufacturing capacity starting in the second quarter of 2026. By THE STAR STAFF Monllor Capital Partners LLC (MCP) has signed a membership interests purchase and sales agreement (MIPA) with Solx Holdings LLC, the domestic solar module manufacturer establishing a premier one-gigawatt production facility in Aguadilla. MCP is leading the equity funding for Solx’s $4 million Seed-2 capital raise, to ena

The San Juan Daily Star
Dec 19, 20253 min read
Wall St gains as markets take easing inflation in stride, Micron leads tech rally
Wall Street’s main indexes climbed on Thursday as a soft inflation report kept alive chances of interest rate cuts by the Federal Reserve, while chipmaker Micron’s blowout forecast assuaged some worries about tech sector valuations. Consumer prices increased less than expected in the year to November, while the Labor Department’s Bureau of Labor Statistics did not publish month-to-month CPI changes after the 43-day shutdown of the government prevented the collection of

The San Juan Daily Star
Dec 19, 20252 min read
Inflation Grinch creeps up on Wall Street
What matters in U.S. and global markets today Wall Street’s traditional Santa rally is nowhere to be found as inflation anxiety and geopolitical tensions dominate the market mood. Brent crude is rallying after U.S. President Donald Trump on Tuesday ordered a “blockade” of sanctioned tankers leaving and entering Venezuela, raising fresh geopolitical tensions at a time of concerns over demand. Meanwhile, AI fever is red hot in China, an astonishing IPO debut showed. I’ll ge

The San Juan Daily Star
Dec 18, 20252 min read


How tech’s biggest companies are offloading the risks of the AI boom
Meta’s data center under construction in Eagle Mountain, Utah, on Nov. 19, 2024. The company is investing billions in new data centers like this one. (Christie Hemm Klok/The New York Times) By KAREN WEISE and ELI TAN This fall, Microsoft announced a series of deals, totaling tens of billions, to lease computer power for its artificial intelligence ambitions. Meta secured almost $30 billion in financing to build a massive data center in Louisiana without taking on the debt its

The San Juan Daily Star
Dec 17, 20254 min read
Wall St slips on losses in healthcare and energy stocks; focus on economic data
Wall Street’s main indexes slipped on Tuesday, impacted by declines in healthcare and energy stocks, but the Nasdaq pared some losses in the afternoon. Investors evaluated delayed economic data to gauge the Federal Reserve’s monetary policy outlook for next year. A Labor Department report showed nonfarm payrolls increased by 64,000 jobs in November following a decline in October because of government spending cuts. But the unemployment rate rose to 4.6% in November agai

The San Juan Daily Star
Dec 17, 20253 min read


Big businesses are cashing in on Trump’s tax cuts
Shoppers outside a Walmart in Albany, N.Y. on Black Friday morning, Nov. 28, 2025. For most people, the tax cuts that President Donald Trump signed into law this summer have yet to materialize. But Walmart and many more of America’s largest companies have not had to wait. (Dave Sanders/The New York Times) By ANDREW DUEHREN For most people, the tax cuts that President Donald Trump signed into law this summer have yet to materialize. Only after Americans file their taxes next y

The San Juan Daily Star
Dec 16, 20255 min read
Wall St closes lower as investors position for busy week of data
Wall Street closed lower on Monday as investors braced for a slew of economic data later this week while assessing reports on Federal Reserve candidates and commentary from policymakers for clues on the interest rate outlook. The nonfarm payroll figures for October and November are due later this week, along with reports on retail sales, business activity and inflation. October’s jobs data was delayed by the government shutdown earlier this quarter. “Markets today are

The San Juan Daily Star
Dec 16, 20253 min read
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