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WASHINGTON (AP) — Documents show that in 2005, President Donald Trump earned $153 million and paid $36.5 million in income taxes. Pages from Trump's federal tax return were obtained by journalist David Cay Johnston, who runs a website called DCReport.org, and were reported on MSNBC's "The Rachel Maddow Show." Even before the release of the documents, the White House pushed back, saying "You know you are desperate for ratings when you are willing to violate the law to push a story about two pages of tax returns from over a decade ago."
HONG KONG (AP) — The Federal Reserve wraps up its two-day meeting Wednesday. Economists expect that the U.S. central bank will raise interest rates by a quarter of a percentage point. It would be only the Fed's third rate hike in a decade, and analysts say it's already priced into financial markets. Higher rates would make the U.S. more attractive and could siphon away capital from emerging markets and weaken their currencies.
SEOUL, South Korea (AP) — South Korea says it will hold an election on May 9 to choose a successor for ousted President Park Geun-hye (goon-hay). The Constitutional Court ruled Friday to formally end Park's presidency over a huge political scandal involving her and a longtime confidante. By law, South Korea must hold a national vote to find her successor within two months of the ruling.
MONTGOMERY, Ala. (AP) — A convicted killer on death row in Alabama is asking a judge to force the state to turn over records from recent executions, including one where the inmate coughed for the first 13 minutes of the procedure. Lawyers for Tommy Arthur say the state is violating open records law by refusing to release the information. Arthur has been on death row for 30 years and has had seven execution dates postponed.
ANCHORAGE, Alaska (AP) — Dad still has it. Mitch Seavey has won his third Iditarod Trail Sled Dog Race, becoming the fastest and oldest champion at age 57. Seavey outran his son, defending champion Dallas Seavey, and lapped the oldest musher record that he set at age 53 in 2013. He previously won the race in 2013 and 2004.
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