Puerto Rico Industrial Development Co

The post-hurricane fiscal plan assumes that Puerto Rico will get a substantial amount of federal aid, but doesn’t include it in its calculation of available resources.

"We've been playing games with the revenue estimates for decades," a former Treasury secretary tells the Oversight Board.

Investors concerned over the level of impairment to their Puerto Rico bonds may get some clarity on the commonwealth's cash balance at an Oversight Board hearing.

A group of economists including Joseph Stiglitz would cut the face value of Puerto Rico bonds by 80% or more.

Moody's said the delay may signal the damage to the island's economic prospects is worse than officials thought, suggesting the return for bondholders will be even lower.

Puerto Rico bondholders will have to wait until Jan. 24 for details on how much their payments may be reduced because of hurricane devastation.

Puerto Rico oversight law's constitutionality comes under fire as investors' and workers' interests intersect.

Debt service may be cut from 24 cents on the dollar as the commonwealth deals with recovery from Hurricane Maria.

The Puerto Rico Oversight Board gave extensions to Puerto Rico’s government and public authorities for fiscal plan submissions.

Bond analysts and Puerto Rico political leaders were voicing concern Friday over a new tax on territories reportedly included in the Republican federal tax bill.

The act gives the federal government flexibility in how to deal with Puerto Rico, the department said in answering a challenge by Aurelius Capital.

Puerto Rico expects its central government revenues to come in 25% short of budget in this fiscal year.

While money on hand was better than expected, the island's financial advisory authority warned that expenditures will worsen.

Sen. Bernie Sanders, I-Vt., introduced a comprehensive support bill for Puerto Rico and the U.S. Virgin Islands Tuesday, calculated to cost up to $146 billion.

Puerto Rico’s government announced it would pay its annual Christmas bonus to workers this year.

U.S. Sen. Elizabeth Warren and Rep. Nydia Velázquez called for the Oversight Board to eliminate all of Puerto Rico’s public sector debt.

Two GOP Representatives argued that the Puerto Rico Oversight Board should be given additional powers over the Puerto Rico Electric Power Authority.

Though Federal assistance may have helped lessen the impact of Hurricane Maria, analysts said there are still "plenty of reasons to worry" about the government's ability to function.

The chair of the House committee that oversees Puerto Rico said after Hurricane Maria a "stronger mechanism" is needed to ensure Puerto Rico's recovery.

Creditor groups have come down on both sides of a hedge fund's constitutional attack on the PROMESA oversight board.