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Mass. transit overseers vote to unwind costly swaps
BOSTON – State transportation system overseers are moving ahead on unwinding a series of swaps, sophisticated financial bets on the direction of interest…
municipal bonds
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Puerto Rico will default on $37 million in payments owed to creditors
SAN JUAN, Puerto Rico (AP) — Puerto Rico will default on $37 million in payments due to creditors Friday, while it will make…
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Green Line project may need more bond money, Pollack says
BOSTON – Pressing ahead with the Green Line Extension project may require fresh bonding authority from the state Legislature next year to help…
