• 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.

  • 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.