Finance

Plaza Extra Pokes at Cost-U-Less on Social Media After SNAP Machines Go Offline

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Ads St. Thomas 𑁋 Plaza Extra located in Tutu Park Mall took a swipe at Cost-U-Less on social media as news began circulating that shoppers began abandoning their shopping carts once the Snap machines stopped functioning. Plaza Extra Tutu posted a graphic on it’s Facebook page announcing that they are accepting EBT cards today and … Read more

So Much Winning: Treasury Set to Borrow $1 Trillion for a 2nd year to Finance Tax Cuts

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Ads The U.S. Treasury Department is set to maintain elevated sales of long-term debt to finance the government’s widening budget deficit, with new issuance projected to top $1 trillion for a second-straight year. According to Bloomberg reports, this is a direct consequence of juiced government spending and smaller revenues as a result of the late 2017 tax … Read more

WAPA’s Senate Hearing Could Help Investors with Future Risk Assessments

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Ads St. Thomas ⎯ After weeks of service interruptions in both districts, an investigative hearing was held Tuesday to question officials of the Water and Power Authority (WAPA) about issues plaguing both of its power plants. There are two important events at play that evolved into this week’s Senate hearing. Event Timeline: Aug. 28th – … Read more

6 Things to Know Today if You’re Protesting Against WAPA on St. Thomas

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Ads St. Thomas 𑁋 There are a few things you should know today if you are joining the early morning protest residents have organized against the Virgin Islands Water and Power Authority (WAPA) on St. Thomas. The protest begins at 10:00 a.m. outside the Public Service Commission’s office in Barbel Plaza. The Public Service Commission is … Read more

WAPA Defends Rate Hike Ahead of Planned Protest Set for July 31st on St. Thomas

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Ads St. Thomas 𑁋 The Virgin Islands Water and Power Authority (WAPA) issued a statement to customers detailing “reasons and rationale for its requested base rate increase” that was recently filed with the Public Service (PSC). The statement to customers came just hours before a district-wide service interruption began affecting customers on St. Thomas, St. … Read more

An Open Letter from Congresswoman Stacey E. Plaskett (July 2019)

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Ads An Open Letter from Congresswoman Stacey E. Plaskett Dear Participants of the 3rd Virgin Islands Advocacy Day: I would like to publicly express my sincere gratitude and appreciation for the time, energy and subject matter expertise the participants of the 3rdAdvocacy Day in Washington DC voice our community’s issues on July 17, 2019.  As you … Read more

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