April 18, 2025, 9:19 a.m.

International News

Finance News

Behind the epic slump of the US stock market

On April 16th, the US stock market experienced a bloody "Black Wednesday". The Dow Jones Index plunged by 1.73%, the Nasdaq Index plunged by 3.07%, and the S&P 500 index dropped by 2.24%.

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The Consumer Financial Protection Bureau cuts staff: a game of power and regulation

In April 2025, the U.S. Consumer Financial Protection Bureau (CFPB) fell into an unprecedented crisis.

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The Federal Reserve focuses on preventing inflation and is not eager to cut interest rates: the difficult choice caused by the uncertainty of tariff policies on the economy

Federal Reserve Chairman Jerome Powell said in a speech on Wednesday that the central bank may face a dilemma between controlling inflation and supporting economic growth.

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Business News