Business

No US trading partners designated as currency manipulator

No US trading partners designated as currency manipulator

Trump heaped criticism on China during his campaign saying they deliberately undervalued their currency, the yuan, to gain an advantage in worldwide trade and create a wide trade deficit with the United States. "When the President fails to label them a currency manipulator, he gives them a green light to steal our jobs and wealth time and time again", Schumer said.


EPA head vows to build trust during Indiana stop

EPA head vows to build trust during Indiana stop

They are anxious Pruitt won't do enough to eradicate the problem because he and President Trump want to roll back environmental regulations. Members of the Chicago EPA office also want to meet with Pruitt over his proposal to close the office and move it to Kansas.



USA naval armada to be in Sea of Japan in days

The threat came as Secretary of State Rex Tillerson said the US was looking at ways to pressure North Korea to the negotiation table over its nuclear program. President Donald Trump earlier warned that North Korean President Jong Un has "gotta behave". His national security adviser, H.R. McMaster, said the USA would rely on its allies as well as Chinese leadership to resolve the issues with North Korea.


Oil regains some ground, but oversupply weighs

Oil regains some ground, but oversupply weighs

Brent crude futures LCOc1 dipped 18 cents at $54.71 a barrel as of 11:16 a.m. EDT, while USA crude futures CLc1 lost 19 cents to $52.22 a barrel. US crude oil production reached 9.24 million barrels per day (bpd), according to the latest Energy Information Administration data , making it the world's third-largest producer after Russian Federation and Saudi Arabia.


United Airlines CEO: No firings over passenger dragging

United Airlines CEO: No firings over passenger dragging

United Won't Use Police To Pull Paid Passengers From Flights, Airline CEO Says: VIDEO: United CEO Oscar Munoz called Sunday's incident on a flight out of Chicago a "system failure" during an ABC News interview. That goes for business from customers in China, where backlash was particularly fierce, said Munoz, who said he spoke with officials with the Chinese consulate after the incident and expects to address it with customers during a previously planned China trip in a couple of weeks.