The Dollar Index, which tracks the U.S. currency against six leading trading partners (but not China), fell the most in a single day since last April 10, when it tumbled almost 2% amid mounting trade disputes and U.S. threats to impose a 145% tariff on China. That same day, the S&P 500 slid 3.5% and the Nasdaq Composite sank 4.3%.

The president wants someone who will pursue lower interest rates—and who’s credible enough to actually deliver them.

President Donald Trump's hardline immigration agenda, a key force behind his return to the White House in 2024, is increasingly showing signs of becoming a liability, threatening Republican prospects in the November midterm elections.

Pennsylvania Democratic Senator John Fetterman urged President Donald Trump to fire Department of Homeland Security Secretary Kristi Noem after the killings of two U.S. citizens by federal immigration agents, warning the Republican not to repeat the "same mistake" of his predecessor, Joe Biden.

President Donald Trump’s comments that he didn’t think the dollar had weakened excessively have accelerated a debate about a possible concerted move to depreciate the world’s reserve currency.

The immigration drop dented growth in several states that traditionally have been immigrant magnets, such as California and Florida.

The U.S. dollar struggled near four-year lows on Wednesday after President Donald Trump brushed off its recent weakness, exacerbating greenback selling and lifting the yen, euro and sterling ahead of the Federal Reserve policy decision.