Trump's use of a wartime law to deport U.S. migrants has sparked a flurry of court challenges, and could touch off possible contempt proceedings in a second court.

Congressional members warn that bottlenecked courts will be hurt as Trump administration fire immigration judges, demand that Atty. Gen. Pam Bondi explain

Gold futures fell sharply Wednesday in the largest percentage slide since June 2021, as markets reacted to President Trump telling reporters that he would not attempt to fire Fed Chair Jerome Powell,

Gold on Wednesday extended its retreat from an all-time high, falling more than 3%, as appetite for riskier assets improved after President Donald Trump said he has no plans to fire the U.S. Fed's chief and also signalled progress with China on the tariff front.

The Dow Jones advanced after Trump said he wouldn't fire Fed Chair Jerome Powell and on hopes of easing tensions over tariffs with China.

The hope along Wall Street has been that Trump would lower his tariffs after negotiating trade deals with other countries, and Trump said Tuesday he would be “very nice” to the world’s second-largest economy and not play hardball with Chinese President Xi Jinping.

Chief executives of Walmart, Target and Home Depot reportedly warned Trump that supply chain disruptions were already underway and would lead to empty shelves at U.S. stores in a matter of weeks.

Stocks were holding onto sizable gains Wednesday as many investors cheered the possibility trade talks between the United States might at least start. At the same time, President Trump's announcement he wouldn't try to remove Federal Reserve Chairman Jerome Powell cheered the market,