Puerto Rico

Sergio Marxuach and other officials of the nonpartisan, San Juan-based Center for a New Economy said federal spending on disaster recovery has been slower than in other areas also struck by hurricanes in 2017.

Municipals remained stronger as Montgomery County, Maryland, came to market with a triple-A-rated sale.

The board continues to say that state metrics should be a guide to restructuring the island's central government debt to a much lower level.

The Puerto Rico Oversight Board has voted unanimously to ok a five-year fiscal plan that faces local government opposition.

The revised five-year fiscal plan projects increased disaster-related funding and slowing population decline through 2023.

As the Puerto Rico Oversight Board gets ready to approve a five-year fiscal plan this week, it is setting up a power struggle between itself and Gov. Ricardo Rosselló and the commonwealth legislature.

Household survey is much more positive about total employment than establishment survey.

Creditors' call for a receiver for PREPA is an Imperfect solution from a suspect source to be decided by the wrong authority – and it just might work.

The Oversight Board and Gov. Rosselló remain at odds over pensions and labor reform.

A government official said the governor took the action as a step to restore Puerto Rico's credit.