WASHINGTON (AP) - The Latest on President-elect Donald Trump (all times local):
8:50 a.m.
Nobel economics prize laureate Oliver Hart says he's not impressed by President-elect Donald Trump's plans for the U.S. economy.
Hart, a Harvard professor, told reporters in Stockholm on Wednesday that he doesn't yet see "a coherent set of policies" from Trump. He says he's worried about Trump's campaign promises of "tearing up trade agreements, imposing tariffs. I don't think that's the way forward for the U.S or the world."
Hart added he's "sympathetic" to Trump's plans for infrastructure spending but "when you look at the details of what he had in mind, those are not so impressive."
Hart shares this year's 8 million kronor ($930,000) economics award with Bengt Holmstrom of the Massachusetts Institute of Technology.
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8 a.m.
Time magazine has named President-elect Donald Trump its Person of the Year.
In a telephone interview on NBC's "Today" show, Trump called it "a great honor."
The Time cover reads, "Donald Trump: President of the Divided States of America" and the cover image features a photograph of the president-elect sitting in his private residence at Trump Tower.
In the NBC interview, Trump took issue with the "Divided States of America" description: "I didn't divide 'em," he said. "We're going to put it back together and we're going to have a country that's very well-healed."
Democrat Hillary Clinton was the No. 2 finalist.