• People walk past an electronic stock indicator of a securities firm in Tokyo, Thursday, May 19, 2016. World stock markets sank Thursday after the Fed surprised investors by signaling that an interest rate hike is in the cards if economic conditions keep improving. (AP Photo/Shizuo Kambayashi)

    Stocks fall after Fed signals June rate hike possible

    SEOUL, South Korea (AP) — Asian stock markets drifted slightly higher on Friday as investors restored calm a day after worries about the Fed’s rate hike signals prompted sell-offs.

  • After delays, House GOP moves forward to help Puerto Rico

    WASHINGTON (AP) — After weeks of delays, House Republicans are moving forward with legislation to help Puerto Rico manage $70 billion in debt.

  • House Speaker Paul Ryan of Wis. speaks during a news conference on Capitol Hill in Washington, Tuesday, May 17, 2016, following a House Republican caucus meeting. From left re, Rep. Cathy McMorris Rodgers, House Majority Leader Kevin McCarthy of Calif., and Ryan. (AP Photo/Evan Vucci)

    GOP-led House decisively approves $602 billion defense bill

    WASHINGTON (AP) — The Republican-led House voted convincingly Wednesday to approve a $602 billion defense policy bill after rejecting attempts by Democrats to close the detention facility at Guantanamo Bay, Cuba, and to repeal the war powers President Barack Obama relies on to fight the Islamic State.

  • Judge: Kentucky governor can cut college, university budgets

    FRANKFORT, Ky. (AP) — Kentucky’s governor cannot take money from colleges and universities, but he can order them not to spend all of it, a state judge ruled Wednesday.

  • This undated handout image provided by the friend of Nizar Zakka Inc., shows, Zakka, a Lebanese technology expert and advocate for Internet freedom, second right, posing with his relatives at an unidentified location. Zakka, was arrested in Tehran in September after being invited by the Iranian government to attend a conference there. Although no charges have been announced, Iranian media has accused him of being an American spy, allegations vigorously rejected by his family and associates. (Friends Nizar Zakka Inc. via AP) MANDATORY CREDIT

    APNewsBreak: Lebanese man held in Iran had past US contracts

    DUBAI, United Arab Emirates (AP) — A nonprofit organization headed by a Lebanese citizen held prisoner in Iran received grants totaling $730,000 from the U.S. government for projects in the Middle East, The Associated Press has learned.

  • In this April 14, 2016 file photo, New Mexico Governor Susana Martinez speaks during the New York Republican State Committee Annual Gala in New York. The Republican Party of New Mexico says news media will not be allowed to attend its election-year state convention at a Native American-owned casino outside Albuquerque. The New Mexico GOP convention will decide a heated contest for a seat on the Republican National Committee that has veered into recriminations about the state economy and criticism of Gov. Martinez and her top political adviser. (AP Photo/Kathy Willens, File)

    The Latest: Media ban reversed at state GOP convention

    SANTA FE, N.M. (AP) — The Latest on a media access to the New Mexico Republican convention (all times local):

  • This Wednesday, May 18, 2016 photo shows the Presbyterian Healthcare Services' administrative center in Albuquerque, N.M. Presbyterian Health Plan Inc. is among the insurers nationwide proposing rate increases in response to the financial drain resulting from President Barack Obama's health care law. (AP Photo/Susan Montoya Bryan)

    New Mexico health insurers propose rate hikes for 2017

    ALBUQUERQUE, N.M. (AP) — New Mexico regulators are unveiling details about the health insurance premiums proposed by insurers for next year, and there are indications the state will not escape the hefty increases expected nationwide.

  • CORRECTS LOCATION TO THE ACADEMY OF COUNTRY MUSIC PARTY FOR A CAUSE EVENT IN LAS VEGAS, INSTEAD OF AT A BLOOMINGDALE'S OUTLET STORE IN NEW YORK - This photo provided by BeautyKind shows a BeautyKind pop-up at the Academy of Country Music “Party for a Cause" event in Las Vegas. Usually only rich people and venture capitalists invest in startups. But now more regular folks are getting the chance because of two major changes to a federal law that have made it easier for small businesses to sell shares and raise cash from the public. Shoppers who go to the BeautyKind website can learn how to buy stock in the company. (BeautyKind via AP) MANDATORY CREDIT

    Risky? Yes, but regular folks are putting cash into startups

    NEW YORK (AP) — Last year, Randy Murphy went to DietBet.com and bet $25 that he could drop 4 percent of his weight in four weeks. After shedding about 20 pounds, he won back $50.

  • Trader George Ettinger, right, works on the floor of the New York Stock Exchange, Wednesday, May 18, 2016. U.S. stocks are falling in morning trading. (AP Photo/Richard Drew)

    Stocks edge higher in early morning ahead of Fed minutes

    HONG KONG (AP) — Most Asian stock markets sank on Thursday after the Fed surprised investors by signaling that an interest rate hike is in the cards if economic conditions keep improving.

  • Britain's Queen Elizabeth II and Prince Philip, sit in the House of Lords ahead of the Queen's Speech at the State Opening of Parliament in London on Wednesday May 18, 2016.  The State Opening of Parliament marks the formal start of the parliamentary year and the Queen's Speech sets out the government’s agenda for the coming session. (Chris Jackson/Pool via AP)

    Sugar tax, spaceports meet pageantry in UK Queen’s Speech

    LONDON (AP) — Queen Elizabeth II donned an ermine-trimmed robe and diamond-studded crown Wednesday to announce government promises to put Britain at the cutting edge of technology and social progress in the 21st century.