Junk bonds

Citi's exit comes amid the larger trend of broker-dealers downsizing balance sheets, which can hurt secondary market liquidity, particularly in times of stress. Other market players are coming into the fold.

Governor says the money would be used to get through the slow winter revenue months.

The reserve should have enough to cover bond payments for a year, according to an observer.

Nuveen's marquee fund has seen the worst performance among the largest high-yield funds so far this year.

When set against high-profile public finance projects like American Dream and Legacy Cares, Florida's Brightline marks a rare success for investors.

Loss of aid could hurt the islands' economy, a local senator says.

CEO Andrew Smith says authority is taking steps toward settling its outstanding debt.

The money is to help AES-Puerto Rico continue to provide PREPA with electricity.

The electrical generator provides about 21% of the Puerto Rico Electric Power Authority's electricity and the default's impact on PREPA and PREPA's bankruptcy remain to be seen.

The Visitor Bureau says the number of tourists this fiscal year is likely to be 40% less than what had been predicted. Tourism is a large portion of Guam's economy.