Puerto Rico

Gov. Ricardo Rosselló signed the measure Thursday.

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

The workers would join 3,500 already on the island, where 45% of the power authority's customers are still without service after September's hurricanes.

Bond investors’ concerns about the territory's ability to make payments have grown since Hurricane Maria.

The number of people employed in Puerto Rico during November fell 1.8% from July.

The new temporary spending bill includes Medicaid funding for Puerto Rico.

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

Judge Laura Taylor Swain directed that Puerto Rico Employers Retirement System bond interest payments to bondholders should continue pending a determination on their lien.

Fresh from a victory on Friday, bondholders and insurers are asking the Title III bankruptcy court to award them additional documents connected to the sales and use tax.

After Puerto Rico failed to persuade Congress to ease the modified territorial tax system in the tax law, an opportunity zone measure helping the island may be included in a January emergency spending bill.