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The dollar rose to its highest since Feb. 3 against a basket of currencies on Friday as investors increased bets on higher U.S. interest rates, while a measure of world stocks looked set for 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 at all-time highs kept the Nasdaq in positive territory.
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.