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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Articles on This Page

This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

May 08, 2025

Page

4

Fed holds key rate at 4.3 percent amid tariff uncertainty

The Federal Reserve left the federal funds rate unchanged at 4.3 percent, despite President Trump's demand to lower borrowing costs. Powell warned tariffs risk both higher inflation and higher unemployment, creating stagflation fears and a wait‑and‑see stance.

Washington Federal Reserve Donald Trump Fed Wall Street Trump U.S Central Bank Jerome Powell Powell

India and Pakistan near direct clash after strikes

India carried its deepest strikes inside Pakistan in decades while Islamabad claimed to shoot down several Indian warplanes. Pakistan reported 21 killed, including two children, with many victims in Punjab. India said it hit nine terrorist camps in retaliation for a Kashmir attack, while international mediation questions loomed.

Islamabad Pakistan India Pahalgam Kashmir Punjab Sophia Qureshi Shehbaz Sharif

DOGE centralizes data amid privacy and security concerns

U S DOGE Service races to build a single centralized database housing personal information on millions, unelevating privacy risks. Officials say data collection spans agencies, sometimes at the behest of aides, risking exposure through lax protections. Risks include hack attempts and potential misuse in funding and services decisions.

U.S Doge Service Elon Musk DOGE Musk Steve Davis Social Security Administration Department of Homeland Security Washington Post

Real ID rollout mostly calm at U S airports on first day

On the first day of the REAL ID requirement, most major airports reported smooth operations with travelers lacking compliant IDs receiving handouts and instructions. DHS says 81 percent already hold REAL IDs, and airports advised extra screening if needed while passport and tribal IDs remain accepted.

San Francisco United States U.S Department of Homeland Security Nathan Carter Kansas City Philadelphia LaGuardia Nashville International Chicago California

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