Dollar hits eight-month high; stocks post weekly gain
The dollar rose to its highest since early February against a basket of currencies on Friday as investors increased bets on higher U.S. interest rates, while a measure of world stocks posted its first weekly gain in four weeks despite some soft U.S. corporate results. On Wall Street, energy and healthcare stocks weighed on the S&P 500 and Dow, but Microsoft touching an all-time high moved the Nasdaq to positive territory.
NY enacts restrictions on Airbnb, with fines of up to $7,500ALBANY, N.Y. (AP) ? New York state enacted one of the nation's toughest restrictions on Airbnb on Friday with a new law authorizing fines of up to $7,500 for many short-term rentals.
Wonder Woman named a special UN ambassador, despite protests
UNITED NATIONS (AP) ? The United Nations celebrated Wonder Woman's 75th birthday on Friday by naming the comic book character as its new Honorary Ambassador for the Empowerment of Woman and Girls, despite frustration from both inside and outside the world organization that the spot should go to a real ? and less sexualized ? woman.
NFL puts Giants' Brown on exempt list pending abuse probe
LONDON (AP) ? The NFL has placed Josh Brown on paid leave hours after coach Ben McAdoo failed to clarify whether the New York Giants would suspend or cut the kicker over new revelations over his abuse of his wife.
Pence again finds himself as Donald Trump's clean-up man
US military reports 2 strikes against extremists in YemenWASHINGTON (AP) ? The U.S. military says it launched two attacks earlier this month in Yemen, killing eight people associated with the extremist group known as al-Qaida in the Arabian Peninsula.
McDonald's U.S. sales revive amid stiff competition
Sales at established U.S. restaurants rose 1.3 percent, amid industry softness that executives partly blamed on lower grocery prices that encouraged some diners to cook at home. The result from the United States, which accounts for about 40 percent of overall profit at McDonald's, just exceeded analysts' lowered expectations, and was not as robust as the 2 percent U.S. same-store sales gain reported by rival Dunkin' Brands Group Inc on Thursday. McDonald's international restaurants easily beat expectations on same-store sales growth in Britain, Australia, Canada and Germany.
Opposition cries dictatorship after Venezuela blocks recall
CARACAS, Venezuela (AP) ? The Venezuelan opposition's campaign to oust President Nicolas Maduro has been thrown into disarray with elections officials' decision to suspend a recall drive against the socialist leader a week before it was to start.
Venezuela opposition resists as recall vote nixed
Venezuela's opposition Friday urged "resistance" after the government blocked its efforts to force a recall vote on President Nicolas Maduro, but vowed peaceful action to keep a political crisis from erupting into violence. "The government wants violence or submission," said Jesus Torrealba, spokesman of the Democratic Unity Roundtable (MUD), the center right-dominated opposition coalition. The National Electoral Council (CNE) said it had indefinitely suspended the recall referendum process, after criminal courts in five states ruled the opposition had committed fraud in an initial petition drive.
Christie aide on trial says she told him of 'traffic study'
NEWARK, N.J. (AP) ? New Jersey Gov. Chris Christie's former deputy chief of staff testified Friday in her criminal trial that she told him about a traffic study on the George Washington Bridge before sending an email that it was "time for some traffic problems," which prosecutors say started a political revenge plot.