Holders of bonds from Puerto Rico's Government Development Bank are suing to challenge aspects of a debt-moratorium law that island officials say is crucial to maintaining essential services. The federal lawsuit names Puerto Rico's Governor and Treasury Secretary as well as an unidentified bank receiver. It argues that amendments give preferential treatment to local creditors at the expense of others in violation of American and Puerto Rican law.

TOP HOLDERS OF U.S. TREASURIES

Country, Holdings in March 2016 ($ billions)

China, $1,244.6

Japan, $1,137.1

Cayman Islands, $265.0

Ireland, $264.3

Brazil, $246.4

Switzerland, $230

United Kingdom, $227.6

Luxembourg, $221.3

Hong Kong, $200.3

Taiwan, $182.3

Belgium, $153.8

India, $118.9

Saudi Arabia, $116.8

Source: U.S. Treasury Department

McDonald's is trying something new: Fresh beef

CNNMoney - 4 hours ago

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Asian Stocks Fall With Won on Global Growth Woes; Oil Below $44

Bloomberg - 4 hours ago

Asian stocks fell for a sixth day, their longest losing streak since February, as anxiety over the health of the global economy unnerves investors.