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Social Security Cost-of-Living Adjustment Will Be 8.7% In 2023; Highest Increase In 40 Years
Posted inAt VIFreep Breaking News Business News

Social Security Cost-of-Living Adjustment Will Be 8.7% In 2023; Highest Increase In 40 Years

Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 8.7 percent in 2023, the Social Security Administration announced today. On average, Social Security benefits…
Posted by John McCarthy October 13, 2022
Vendors Plaza Kiosks On Way To St. Thomas, DLCA Says
Posted inAt VIFreep Breaking News Business News

Vendors Plaza Kiosks On Way To St. Thomas, DLCA Says

CHARLOTTE AMALIE — “The Vendors Plaza kiosks are on the way,” said Commissioner Richard T. Evangelista of the Department of Licensing and Consumer Affairs (DLCA). “I am excited to announce…
Posted by John McCarthy October 3, 2022
The Top Events To Build A Trip Around In The Virgin Islands
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The Top Events To Build A Trip Around In The Virgin Islands

The Virgin Islands has been one of the success stories of Caribbean tourism lately, claiming the highest hotel occupancy across all Caribbean destinations from June 2021 to May 2022. And…
Posted by John McCarthy September 28, 2022
Apple Says It Will Manufacture iPhone 14 in India
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Apple Says It Will Manufacture iPhone 14 in India

NEW DEHLI — Apple Inc  said today it will manufacture its latest iPhone 14 in India, as the tech giant moves some of its production away from China. The company launched…
Posted by John McCarthy September 26, 2022
Post-Fiona Fuel Disruptions Spark Fear In Puerto Rico
Posted inAt VIFreep Breaking News Business News

Post-Fiona Fuel Disruptions Spark Fear In Puerto Rico

CAGUAS — A growing number of businesses, including grocery stores and gas stations, are temporarily closing across Puerto Rico as power outages caused by Hurricane Fiona drag on in the…
Posted by John McCarthy September 23, 2022
Dufry’s Turnover Doubles As Sales Inch Towards 2019 levels
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Dufry’s Turnover Doubles As Sales Inch Towards 2019 levels

KINGSTON — Swiss duty-free retailer Dufry said on it saw strong sales momentum continue this summer despite the soaring inflation, after its turnover more than doubled in the first six months…
Posted by John McCarthy September 4, 2022
Chip Wreck: Nvidia Sinks Sector After U.S. Restricts China Sales
Posted inAt VIFreep Breaking News Business News

Chip Wreck: Nvidia Sinks Sector After U.S. Restricts China Sales

SANTA CLARA, California — U.S. chip stocks tumbled today, with the main semiconductor index down more than three percent after Nvidia and Advanced Micro Devices said U.S. officials told them to stop…
Posted by John McCarthy September 1, 2022
Remote Work Possible Onboard When Royal Caribbean Adds SpaceX’s Starlink To Its Cruise Ships
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Remote Work Possible Onboard When Royal Caribbean Adds SpaceX’s Starlink To Its Cruise Ships

MIAMI — Royal Caribbean Group said on Tuesday it will use SpaceX's Starlink, a fast-growing constellation of internet-beaming satellites in orbit, to provide internet connectivity to its guests and crew on…
Posted by John McCarthy September 1, 2022
Venezuelan Banker In Bribe Scandal Pleads His Innocence
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Venezuelan Banker In Bribe Scandal Pleads His Innocence

SAN JUAN — An international banker accused of bribing Puerto Rico’s then-governor to undermine an investigation into his institution turned himself in on Wednesday, almost a month after he was charged in…
Posted by John McCarthy September 1, 2022
Banco Popular Eliminates NSF Charge
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Banco Popular Eliminates NSF Charge

SAN JUAN — Banco Popular announced significant changes to its overdraft practices, including eliminating the charge for insufficient funds for returned transactions. The bank becomes the first financial institution from…
Posted by John McCarthy August 30, 2022

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