Puerto Rico

Puerto Rican investors in municipal bond closed-ended funds run by UBS AG, Banco Popular and Popular Securities sued the firms.

Net revenues of the Puerto Rico Aqueduct and Sewer Authority are ahead of budgeted expectations by 7.1% in the first nine months of the fiscal year.

Puerto Rico's government has posted an English language summary of the governor's proposed fiscal 2015 budget.

Like it or not, getting wealthy individuals to move to the Island in order to avoid U.S. taxes appears now to be a cornerstone of Puerto Rico's growth drive and is characteristic of the country's eternal search for a quick and painless way to grow.

It is virtually impossible to predict what would happen if Puerto Rico's financial situation deteriorated to the point where it could no longer repay its debts, experts on distressed municipalities said Thursday.

Puerto Rico Gov. Alejandro García Padilla's State of the Commonwealth speech won praise from municipal analysts, even though some quibbled with his claim that the budget would be balanced in the coming fiscal year.

In advance of Puerto Rico Gov. Alejandro García Padilla's budget speech Tuesday evening, analysts were hopeful that the budget would be a major step forward.

Puerto Rico Gov. Alejandro García Padilla will propose a balanced budget and a four-year economic plan Tuesday night, his chief of staff said.

Puerto Rico's economic activity index was up 0.6% in March from February.

To aid Puerto Rico's struggling economy, Gov. Alejandro García Padilla plans to incorporate ideas from a growth and competitiveness task force in his state of the commonwealth speech.