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The dollar weakened amid growing expectations of Federal Reserve rate cuts and concerns about political influence on U.S. institutions. Disappointing jobs data fueled speculation of a September rate cut, while the euro gained support from potential progress in Russia-Ukraine war talks. President Trump's nominations for Fed positions are also under scrutiny as traders anticipate further rate cuts this year.
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The unspecified technological issue caused a 6:30 p.m. ground stop that affected airports alongside Chicago include Denver, Newark, Houston and San Francisco.
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In a letter HUD sent Wednesday to the complaining parties, which was obtained by the Tribune, the agency said it was closing the case to instead focus on "real concerns regarding fair housing."
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