Last Build Date: Tue, 17 Jan 2017 19:59:59 ESTCopyright: copyright © 2017 Dow Jones & Company, Inc.
Tue, 17 Jan 2017 19:58:48 EST
The dollar tumbled to its lowest level in a month after Donald Trump suggested to The Wall Street Journal he favored a weaker dollar, breaking with decades of tradition and intensifying investor concern over the incoming administration’s capacity to surprise.
Tue, 17 Jan 2017 19:58:51 EST
The White House announced that President Barack Obama has commuted the sentence of Chelsea Manning, who was serving 35 years for leaking U.S. intelligence secrets. She will now be released in May 2017.
WASHINGTON—President Barack Obama on Tuesday commuted the 35-year prison sentence for Chelsea Manning, the former Army intelligence analyst convicted of leaking sensitive government documents, meaning she will be free in a matter of months.
Tue, 17 Jan 2017 19:58:57 EST
While chairman of OneWest, Steven Mnuchin tried to persuade regulators to sell him a shaky thrift in late 2009, pushing outside the normal channels of the failed-bank takeover process. The purchase of First Federal Bank of California helped earn him hundreds of millions of dollars in personal profits.
First Federal Bank of California executives knew their thrift was in deep trouble but thought they had time to try to save it.
Tue, 17 Jan 2017 19:58:53 EST
DAVOS, Switzerland—Chinese President Xi Jinping issued a full-throated defense of international trade and economic integration before a packed hall here, as doubts about the merits of globalization mount in the U.S. and elsewhere in the West.
Tue, 17 Jan 2017 19:58:59 EST
A New Hampshire businessman wants to build a luxury hotel high on Mount Washington, the tallest in the northeast, which routinely has hurricane-force winds, sudden snowstorms in summer and can only be reached by a tricky hike, treacherous drive or an old-fashioned cog railway.
MOUNT WASHINGTON STATE PARK, N.H.—The wind-whipped, treeless top of Mount Washington might not scream “vacation spot.” The terrain is rocky and its weather is among the ghastliest in the world.