Puerto Rico

The announcement Monday involved last March’s ruling by the First Circuit Court of Appeals on the Puerto Rico Highways and Transportation Authority’s special revenue bonds.

Gov. Gavin Newsom sent the specialists to aid the commonwealth in rebuilding.

The bondholders appeal to the U.S. First Circuit Court in Boston.

Moody's says handling electrical demand will be a challenge for the island.

Swain allowed ERS bondholders' other lines of argument to continue.

On Monday there was a magnitude 5.7 earthquake Monday and Tuesday a 6.4 earthquake was followed by a 5.6 earthquake and multiple smaller aftershocks.

The municipal bond market started off the week adopting a cautious tone, eyeing issuance and world events.

The Census Bureau’s 3,193,694 estimate for July 1 is 2.6% higher than the Oversight Board predicted for the date in its May 2019 fiscal plan.

Mediation Team Leader Barbara Houser said that mediation has recently been "productive" and should be given more time.

To avoid a return of the economic downturn, the board may need to improve its program to promote economic growth. Part V of a five-part series.