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Blast at Islamabad Mosque Leaves Dozens Dead

                    Blood stains at the site of a deadly explosion at a Shi'ite Muslim mosque in Islamabad, Pakistan A suicide bomber detonated explosives inside a crowded Shi’ite mosque in Islamabad, killing 31 people and injuring many others during Friday prayers. The attack struck the Tarlai neighborhood, where worshippers had gathered in large numbers, turning a moment of devotion into chaos and devastation. Witnesses described a powerful blast that shattered windows, collapsed parts of the structure, and left victims trapped beneath debris. Emergency teams and local residents worked together to rush the wounded to nearby hospitals, where several remain in critical condition. Authorities have heightened security across the capital as investigators work to determine how the attacker breached the area and whether others were involved. The bombing marks one of the deadliest assaults in the city in years and has intensified ...
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Fed Holds Steady on Interest Rates Amid Economic Uncertainty

The Federal Reserve has decided to keep its key interest rate unchanged, signaling concerns over rising inflation and potential increases in unemployment. This marks the third consecutive meeting where the central bank has opted to maintain the rate at 4.3%, despite growing pressure from the White House to lower borrowing costs.

The Fed's decision comes amid heightened uncertainty surrounding the impact of sweeping tariffs imposed by President Donald Trump. Economists warn that these tariffs could simultaneously drive up consumer prices while forcing businesses to cut jobs, creating a challenging economic environment. Historically, the Fed has adjusted rates to either curb inflation or stimulate employment, but the current situation presents a rare dilemma where both risks are rising simultaneously.

Federal Reserve Chair Jerome Powell emphasized the need for patience, stating that the central bank is closely monitoring economic indicators before making any adjustments. While financial markets anticipate potential rate cuts later in the year, the Fed remains cautious, balancing its dual mandate of maintaining price stability and maximizing employment.

As the economy navigates these uncertainties, all eyes will be on the Fed’s next moves and how they will shape the financial landscape in the months ahead.

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