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Public finance

Houston Controller feels the heat from city's fiscal woes

As the nation's fourth largest city faces a growing structural budget deficit, it is also expecting to issue more than $3 billion of debt for its airport, water and sewer system, convention center, as well as to fund a settlement with firefighters and for cash-flow purposes.

By Karen Pierog

18m ago
Puerto Rico

New law may hurt PREPA financially, analyst says

The extension of the current solar net metering system could lower revenue for the utility.

By Robert Slavin

1h ago
Infrastructure

Brightline refinancing seen as 'challenging' and 'complex'

The finance team is "marketing slices of risk" to raise money to refinance its debt, investors said.

By Caitlin Devitt

1h ago