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US stocks and dollar tumble as Trump renews attacks on Fed Chair Powell

April 22, 2025

US stocks and the dollar have dropped sharply as United States President Donald Trump’s attacks on the chief of the US central bank shake investors’ confidence in the world’s top economy. The benchmark S&P 500 fell 2.36 percent on Monday, one of the steepest one-day declines of the year. The tech-heavy Nasdaq Composite tumbled 2.55 percent, dragging the index down nearly 18 percent from its position at the...

FEATURED POST

Rep. Gerry Connolly, D-Va., has passed away following a bitter cancer battle, his family announced on Wednesday. The lawmaker announced his initial …

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