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WASHINGTON (Reuters) - The Trump administration labeled Switzerland and Vietnam currency manipulators on Wednesday, in another parting shot at trading partners that could complicate matters for U.S. President-elect Joe Biden’s incoming team.
In a long-overdue report, the U.S. Treasury also added India, Thailand and Taiwan to a list of trading partners it says may be deliberately devaluing their currencies against the dollar.
The COVID-19 pandemic has skewed trade flows and widened U.S. deficits with trading partners, an irritant to outgoing President Donald Trump, who won office four years ago partly on a promise to close the U.S. trade gap.
The U.S. House of Representatives is debating an article of impeachment against President Trump following the violence at the U.S. Capitol. The article
After the Republican party spent years defending President Donald Trump's behavior, 10 Republican lawmakers voted to impeach him Wednesday on charges that he incited his supporters to carry out the deadly Jan. 6 attack on Congress.
Intel jumps on replacing CEO Bob Swan Exxon rises on J.P. Morgan upgrade to “overweight” Regeneron up as U.S. govt orders more COVID-19 therapy doses Indexes: Dow and S&P down 0.13%, Nasdaq flat
Jan 13 (Reuters) - Wall Street’s main indexes slipped on Wednesday as investors digested a recent run to record highs on hopes of new fiscal package and vaccine rollouts for the coronavirus-ravaged economy, while Intel shares jumped on executive change.
The chipmaker said it would replace Chief Executive Officer Bob Swan with VMware Inc CEO Pat Gelsinger next month. Its shares gained 7.5% to touch a six-month high.