The U.S. dollar rose against major currencies including the yen and euro as President Donald Trump rekindled trade tensions with new tariffs on Canada and other trading partners. Trump issued a letter late on Thursday that said a 35% tariff rate on all imports from Canada would apply from August 1.

JP Morgan CEO banker Jamie Dimon says the stock market, holder of many 401(k) accounts, is ignoring red flags about tariffs and the higher interest rates they may bring. Consumers have only begun to feel the pain as more tariff-laden products come on to the market.

A new U.S. law threatens to cement the dominance of a shape-shifting dollar over the euro — and every other currency.

A troubling shift in the dollar’s trading relationship with U.S. stocks has eased somewhat over the past few weeks.

Chinese traders are pulling back from the dollar, helping ease a shortage that has rattled the banking system and setting the yuan up for further gains.

The Canadian dollar weakened to a 12-day low against its U.S. counterpart on Wednesday as the greenback notched up broad-based gains after investors shrugged off the latest U.S. tariff threats.

The Department of Health and Human Services has asked some laid-off staff if they could return to work temporarily, as the department grapples with a backlog of grants that has swelled to more than a billion dollars in the wake of hurdles set up by DOGE.