China seen posting steady fourth quarter GDP growth of 6.7 percent
By Kevin Yao BEIJING (Reuters) - Boosted by higher government spending and record bank lending, China is expected to report on Friday that its economy grew by a steady 6.7 percent in the fourth quarter, giving it a solid tailwind heading into what is expected to be a turbulent 2017. China's sluggish exports also could come under freshpressure this year if U.S. President-elect Donald Trump follows through on pledges to impose tough protectionist measures. China?s total government and private sectordebt will likely surpass 285 percent of GDP this year, a 90percent increase since 2008." While China's economy appears to be on much better footing than a year ago, the expected fourth-quarter growth rate would still be near the weakest since the global crisis.
Hastert wants assault victim to return $1.7M in hush moneyCHICAGO (AP) ? Imprisoned former House speaker Dennis Hastert wants one of his sexual abuse victims to return the $1.7 million in hush money the Illinois Republican paid him.
Italy crews work through night after avalanche hits hotel
FARINDOLA, Italy (AP) ? Rescue crews who reached the four-star mountain resort on skis found only eerie silence Thursday after a huge avalanche flattened the hotel, trapping more than 30 people inside. Two bodies were recovered, but the search for survivors was hampered by heavy snowfall and fears the buildings would collapse.
Wayne Barrett, tenacious NYC reporter of Trump, dead at 71.NEW YORK (AP) ? Journalist Wayne Barrett, whose tenacious coverage of New York City politicians and personalities ? including a 1992 biography of Donald Trump ? earned him a reputation as a tough but fair investigative reporter, died on Thursday. He was 71.
Cavs star forward Kevin Love sidelined with back spasms
Energy pick vows to boost agency he had pledged to eliminate
Former Texas Gov. Rick Perry, tapped by President-elect Donald Trump to head the Energy Department, vowed to be an advocate for an agency he once pledged to eliminate and promised to rely on federal scientists, ...
Mexico says drug lord 'El Chapo' Guzaman extradited to US
Judge blocks Texas from cutting off Planned Parenthood fundsAUSTIN, Texas (AP) ? Texas was temporarily blocked Thursday from ousting Planned Parenthood from the state's Medicaid program over secretly recorded videos taken by anti-abortion activists in 2015.
Moscow nightclub hosts early inauguration party for Trump
On Obama's last day, a low-key end to fast-paced presidency
WASHINGTON (AP) ? With a few final moves and a round of goodbyes, President Barack Obama quietly closed out his presidency on Thursday and prepared for life as a private citizen, as the country readied itself for President-elect Donald Trump.