FOX News - Business News

Puerto Rico rejects pension cuts sought by federal board

Puerto Rico government officials say they will not bow to demands from a federal control board overseeing the island's finances that they implement cuts to a struggling public pension system as part of an upcoming fiscal plan to help pull the U.S. territory out of an economic crisis.

Hurricane Harvey's toxic impact deeper than public told

A toxic onslaught from the nation's petrochemical hub was largely overshadowed by the record-shattering deluge of Hurricane Harvey as residents and first responders struggled to save lives and property.