Oil prices will start climbing in 2017, rising to $80 a barrel in coming years as production declines in some regions and global demand continues to grow, the executive director of the International Energy Agency said Tuesday.
Prices of some Puerto Rico bonds rallied after Gov. Alejandro Garcia Padilla said the U.S. Commonwealth would begin clawing back revenue from other debt to provide for essential public services and pay obligations backed by the government’s full faith and credit.
New York Gov. Andrew M. Cuomo proposed stringent new anti-money-laundering regulations meant to curb money flows through the state’s financial system from known terror organizations and other criminals.