Both the state of California and the City of Los Angeles declared states of emergency Tuesday, with municipal, state and federal agencies coordinating to deal with the crisis.

An hour later, power had been restored to some areas, as well as San Juan's municipal hospital, Luma said.

Are tax-free municipal bonds my best option, or what would you suggest?

It means investing in international stocks or in Treasury and municipal bonds, and keeping some cash in a high-yield savings account, too.

The indictment is more a window into routine municipal politics than the stuff of an international spy thriller.