US authorities estimate that there are around 11 million unauthorized people living in the United States, the vast majority of whom come from Mexico.

It was last at $92,104 in Asian hours on Wednesday, having touched a record high $94,078 just toward the end of the previous session.

Lutnick will also lead the country's tariff and trade agenda, with "additional direct responsibility for the Office of the United States Trade Representative," Trump said in a statement.

Elon Musk's SpaceX launched its massive Starship rocket system from Boca Chica, Texas, on Tuesday, in a test attended by President-elect Donald Trump. While the launch marked progress in spaceflight technology, the mission faced a setback when the rocket’s booster, Super Heavy, failed to land as planned.

Can the bromance between the world's wealthiest man and the soon-to-be US president survive some major policy differences and their own combustible personalities?

The new policy and Biden's pledge to speed up military aid to Ukraine come as the United States prepares for Trump to take over as president in January, having questioned US assistance throughout the war.

Here are the early picks and top contenders for some of the key posts in Trump administration

Some of the lenders in the consortium, which included Morgan Stanley and Bank of America, think Musk's emergence as a close aide to Republican President-elect Donald Trump could boost the prospects of X

Trump, who has both vowed a strong military and to end or avoid wars, promised "peace through strength" in announcements of several key nominees, with Secretary of State-designate Marco Rubio also using the phrase.

Trump's impending presidency has spurred an enthusiastic market response, with bitcoin surging more than 25 percent in a week and breaking through the $90,000 mark for the first time

The Wall Street Journal said the man is a French citizen and former trader whose first name is Theo, though he declined to publicize his last name.

Biden and Trump have sharply criticized each other for years, and their respective teams hold vastly different positions on policies from climate change to Russia to trade

Here are the early picks and top contenders for some of the key posts overseeing defense, intelligence, diplomacy, trade, immigration and economic policymaking

The executive actions would give federal immigration officers more latitude to arrest people with no criminal records, surge troops to the US-Mexico border and restart construction of the border wall

His staffing picks are the subject of intense speculation and scrutiny, with Trump vowing that his second administration will oversee a radical shake-up of the federal government.

Lisbon is set to host the Web Summit, Europe’s largest annual tech conference, where industry titans and policymakers will tackle pressing issues in technology, including the implications of Donald Trump’s return to the White House, according to a recent report by Reuters.

Trump has criticised the scale of US military and financial support for Kyiv, vowing to end the war quickly, without saying how.

Immigrant advocates warn that Trump’s deportation effort would be costly, divisive and inhumane, leading to family separations and devastating communities.

It was clear from the beginning of this presidential race that the biggest thorn in Harris’s side was the poor economic record of the Biden-Harris administration.

This type of meeting between the outgoing and incoming presidents was considered customary, but Trump did not invite Biden for one after making unsubstantiated election fraud claims that culminated in the January 6, 2021 Capitol riot.