Puerto Rico

Puerto Rico's governor promotes an insider to run the power authority.

The Puerto Rico Electric Power Authority would save around $600 million by using alternative energy, according to a regulatory proposal.

The federal $600 monthly addition to unemployment insurance boosted income, but the local economy took a bigger hit than that of the U.S.

Some say that Pierluisi might be more friendly to the Oversight Board than has been the case with governors up to now.

The law restricting various aspects of debt issuance goes beyond the central government to also cover the public corporations.

As of Monday it wasn't clear how the election, which was supposed to be completed Sunday, would be extended.

This despite being 3.1% ahead of the oversight board’s May 27 projection.

The two board members with the deepest knowledge of municipal debt have said they will depart.

Benefits may aid island's economy and reduce pressure on island's local and territory-wide governments to pay for welfare benefits.

Bondholders, financial cooperatives and a Puerto Rico legislator offered different lines of attack on an 18-month-old bond deal.