U.S. Virgin Islands

Authority warns of rolling blackouts in 2020.

FEMA's "empty chair" at hearing draws fire from members of the House emergency preparedness subcommittee.

The Water and Power Authority's fuel supplier is demanding $20 million by Sunday.

The triple-C rated authority is petitioning to increase its rates as a supplier threatens to cut off fuel.

The retirement system has said it may run out of money in 2020 or 2021.

Outstanding government receivables remain a constraining factor to the Virgin Islands Water and Power Authority's credit profile after it refinanced two notes.

The price of the territory's debt has more than doubled this year.

Northeast municipal bond issuance sank 11.7% in the first half of 2018 compared to a year earlier, reflecting a national trend driven by federal tax changes.

U.S. Virgin Islands Gov. Kenneth Mapp said the project will lead to an additional $615 million in direct revenues for the government over the next 10 fiscal years.

The government expects more than $600 million in additional revenues over 10 years.