Stocks, dollar steady after Trump-led dip
U.S. dollar recovered some ground on Wednesday while stocks posted modest losses, with investors still voicing caution over how U.S. policy will develop under Donald Trump's presidency days ahead of his inauguration. Energy stocks fell along with oil futures and U.S. Treasury yields rose on higher inflation ahead of a speech by U.S. Federal Reserve chair Janet Yellen. While Wall Street has been betting on Trump's promises of lower taxes, lighter regulation and fiscal spending, some investors hit the pause button before he officially takes office on Friday as he has yet to unveil clear policy plans.
Egypt puts soccer star Aboutrika on no-fly, terror list
CAIRO (AP) ? Egyptian authorities have placed one of the country's all-time greatest soccer players on a terror watch and no-fly list, over accusations he helped finance the Muslim Brotherhood, now banned as a terrorist organization, judicial officials said Wednesday.
More clemency coming after Obama shortens Manning's sentence
WASHINGTON (AP) ? Embracing his clemency powers like never before, President Barack Obama is planning more commutations in his final days in office after a dramatic move to cut short convicted leaker Chelsea Manning's sentence.
4 quakes shake Italy, isolating towns blanketed under snow
ROME (AP) ? Four strong earthquakes on Wednesday shook the same region of central Italy that suffered deadly temblors last year, sending quake-rattled residents into panic and further isolating towns that have been buried under more than a meter (3 feet) of snow for days.
Obama expected to defend Manning decision at news conference
WASHINGTON (AP) ? President Barack Obama is expected to defend his decision to shorten the sentence of convicted leaker Chelsea Manning when he holds his final news conference on Wednesday, two days before his second term ends.
Gunfire erupts at Mexican private school, 3 woundedMONTERREY, Mexico (AP) ? State officials said a student opened fire with a gun at a private school in the northern Mexican city of Monterrey on Wednesday, seriously wounding himself, a teacher and another student.
Commerce nominee Ross declares he is pro-trade, pro-union
Army plans Dakota Access oil pipeline environmental study
The Army has started the process of launching a full environmental study of the $3.8 billion Dakota Access pipeline's disputed crossing of the Missouri River in North Dakota, though a federal judge could ...
For third straight time, Earth sets hottest year recordWASHINGTON (AP) ? Government scientists say the Earth sizzled to a third straight heat record last year.
APNewsBreak: Feds advise workaround on asset forfeiture ruleRICHMOND, Va. (AP) ? The U.S. Department of Justice gave instructions on how to work around its own strict rules for spending money seized in investigations to Virginia's top prosecutor, according to documents obtained by The Associated Press.