Puerto Rico

Puerto Rico Gov. Ricardo Rosselló asked the Oversight Board to extend the stay on debt-litigation and the deadline for completing the commonwealth’s fiscal plan.

Two bond insurance subsidiaries of Assured Guaranty Ltd. have made interest payments to holders of insured general obligation and other bonds after Puerto Rico and certain of its instrumentalities failed to pay on Jan. 3, 2017.

Puerto Rico creditors presented arguments in federal court in Boston as they asked a judge to lift a stay on litigation over the island’s debt, even as an official in San Juan said the government there would seek to have it extended.

New Puerto Rico Gov. Ricardo Rosselló is taking steps to immediately cut the government’s spending and revenues.

A U.S. Congressional Research Service report may undermine the position on Puerto Rico’s status held by one of the island’s two main political parties, according to an opposition party leader.

Puerto Rico Governor-Elect Ricardo Rosselló announced an initiative to improve technology to make the government cheaper and more efficient.

Shutting down the operations could put the GDB's payment of $3.8 billion of debt into question and hurt the finances of Puerto Rico's municipalities.

The Puerto Rico Electric Power Authority announced that it had given the money for its January payment to its bond trustee.

Puerto Rico Governor–Elect Ricardo Rosselló named Jose Marrero Rosado to oversee the government's Office of Management and Budget.

The board of the Puerto Rico Aqueduct and Sewer Authority fired the authority’s president Alberto Lázaro Castro on Friday.