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.
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Federal Reserve
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Central Bank
Jerome Powell
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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.
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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.
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Doge Service
Elon Musk
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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.
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United States
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Department of Homeland Security
Nathan Carter
Kansas City
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