Junk bonds

The government has reached a settlement with the estate of Jeffrey Epstein.

The authority said it expects production problems and higher costs in the near future.

The financially distressed utility has less than two weeks to find a substitute supplier of 80% of its fuel.

S&P said the ProMedica's divestiture helps address operating losses but it's a longer road ahead to return to investment grade.

The goal is to reduce energy costs and exposure to energy price spikes.

Moody's says the cut is a credit negative for the U.S. Virgin Islands' matching fund bonds.

The pension system has sued WAPA demanding immediate payment of more than $2 million in employee contributions.

She expects $50 million more in revenues in fiscal 2023.

After next fiscal year, the governor expects both revenues and spending to increase.

While expenditures also grew, revenues came in 4.5% higher than projections and were higher than the authority's cost growth.