AP-The Morning Wire

"How a weaker dollar is quietly making life more expensive."

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By Sallee Ann Harrison May 03, 2026

Good morning and welcome to the Sunday edition of Morning Wire, where we give you the weekend rundown to get ready for the week ahead. In today’s edition: how a weaker dollar is quietly costing you more; Trump officials show extraordinary defiance of court rulings; and a guide to the summer’s biggest movies. Plus, a recap of yesterday’s historic Kentucky Derby. UP FIRST Twenty dollar bills are counted in North Andover, Mass, in 2018. (AP Photo/Elise Amendola) How a weaker dollar is quietly making life more expensive A hidden force is quietly pushing up costs for everything from your summer vacation to your weekly grocery bills: a weaker U.S. dollar. The dollar has fallen about 10% against other major currencies since President Donald Trump returned to the White House, a pullback potentially playing a role in Americans’ concerns about affordability. Trump has suggested a strong dollar puts the U.S. at a disadvantage and that a weak dollar helps American industry. Read more.

RELATED COVERAGE ➤ Spirit Airlines shuts down as company says it can't keep up with higher oil prices Trump likes the idea of the government owning some US companies but took a pass on Spirit Airlines Landlords want to be paid for pandemic losses and hope to reach a deal with the Trump administration Listen: Stories of financial strain — and the advice helping people work through it TOP STORIES Trump officials show extraordinary defiance of court rulings The Trump administration has been found in violation of court rulings in an extraordinary number of lawsuits on a broad set of issues. The Associated Press found at least 31 suits since last February in which a judge determined the administration was not complying with an order. These cases are in addition to more than 250 violations judges have recently highlighted in individual immigration petitions. The AP's review also shows higher courts have frequently overruled district courts and sided with the White House. Read more. RELATED COVERAGE ➤ After major enforcement operations, the Trump administration recalibrates its immigration crackdown  Iran presses for an end to war within 30 days as Trump expresses doubts Trump says US will reduce number of troops in Germany ‘a lot further’ than withdrawal of 5,000 Trump hints at new revelations in UFO files around questions of alien life The Supreme Court is being asked to restore access to an abortion pill by mail. Here's what to know Black Americans face a new fight for racial representation after justices' Voting Rights Act ruling Summer Movie Guide 2026: Here’s what’s coming to theaters and streaming from May to August Hollywood’s summer movie season is shaping up to be epic. There are superheroes, franchises and thrillers galore with many of the regulars on the lineup: “Spider-Man,” “Minions,” “Star Wars” and “Toy Story.” But the most eagerly anticipated is not a superhero, toy or franchise: It’s Christopher Nolan’s adaptation of “The Odyssey," out July 17. The AP spoke to over two dozen people involved in some of the summer’s biggest releases, from studio executives to filmmakers, writers and actors about their films and the industry. Read more. RELATED COVERAGE ➤ Growing up with ‘Toy Story’: Andrew Stanton on 30+ years with Woody and Buzz 'Disclosure Day' answers questions from 'Close Encounters of the Third Kind,' Josh O’Connor says Milly Alcock’s ‘punk rock’ Supergirl takes flight as DC bets big on the Woman of Tomorrow Subscribe to Entertainment Wire, AP’s personalized newsletter delivering you entertainment news twice a week

ADVERTISEMENT IN OTHER NEWS Trainer Cherie DeVaux kisses the trophy after a victory by Golden Tempo in the 152nd running of the Kentucky Derby horse race on Saturday. (AP Photo/Abbie Parr) READ Historic ride: Golden Tempo takes Kentucky Derby as Cherie DeVaux becomes 1st woman to train winner Turn by turn: Golden Tempo's last-to-first Kentucky Derby win explained Cuba’s crisis: Cubans struggle to survive on pocket-size government ration books as products dwindle In photos: Workers around the world demonstrate on May Day Russia-Ukraine war: Ukraine hits key Russian oil-loading port and 3 'shadow fleet' tankers Contaminated baby food: Austrian police detain suspect in case of rat poison found in baby food jars on supermarket shelves Nightingale’s Forest: A Serbian bird-watching group uses crowdfunding to buy and preserve a woodland habitat Coffee buzz: Yemen introduced the world to coffee. Now, its coffeehouse culture is booming in the US Quiz: Do you know what happened this week? Test your knowledge Today in History: In 1802, Washington, D.C., was incorporated as a city WATCH Top tourism draw: Most active volcano in the Philippines spews giant ash column sky high Free Timmy: Humpback whale stranded off German coast for weeks swims to freedom Hitting the high notes: How Switzerland keeps its yodeling tradition alive Crowd of 2 million: Shakira's free concert lights up Copacabana Beach in Rio de Janeiro

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