U.S. Virgin Islands

The U.S. Virgin Islands is grappling with a government revenue shortfall in the aftermath of two category 5 hurricanes.

The U.S. Virgin Islands expects to get parts of an $800 million federal loan by mid-November.

The U.S. Virgin Islands government is seeking federal money to cover hurricane-related expenses and revenue shortfalls.

The Senate is expected to take up the legislation after it returns next week.

S&P cited the territorial government’s choice to not provide adequate information.

The Trump administration requested $12.77 billion in initial funding to help Texas, Florida, Puerto Rico and the U.S. Virgin Islands.

The U.S. Virgin Islands responded to Fitch Ratings’ withdrawal of the islands’ ratings by saying that the government will directly provide financial information to investors.

The board approved the reallocation of $1 billion for emergency funding to recover from Hurricane Maria.

The devastating storm may delay Puerto Rico's path to economic growth.

S&P Global Ratings said it has lowered its ratings on Virgin Islands Water and Power Authority's (WAPA) senior-lien electric system revenue bonds to CCC-plus from BB-plus.