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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 Shockwaves Send Markets Lower as Metals Tumble

 

U.S. stocks finished a volatile week in the red as the Dow, S&P 500, and Nasdaq all slipped on Friday, reflecting renewed anxiety across financial markets. The downturn followed President Trump’s decision to tap former Federal Reserve governor Kevin Warsh as his preferred choice to lead the central bank — a move that immediately stirred debate about the future path of interest rates.

Warsh has historically leaned hawkish, though he has more recently echoed Trump’s calls for rate cuts. That mixed record left investors uncertain about how aggressively the Fed might act under his leadership, especially at a time when inflation pressures and uneven economic data continue to shape the outlook. The dollar strengthened on expectations of a more assertive Fed stance, adding further weight to commodities.

Metals saw some of the sharpest fallout. Gold, which had surged earlier in the month, dropped sharply and broke below a key psychological threshold. Silver also suffered a steep decline, falling roughly a quarter in one session — one of its most dramatic pullbacks in years.

Despite Friday’s slump, the broader month wasn’t uniformly negative. The S&P 500 managed to eke out a small weekly gain, even as tech weakness dragged on the Nasdaq and the Dow logged its third straight losing week. As February approaches, investors are turning their attention to earnings, economic releases, and the potential policy shifts that could accompany a Warsh-led Federal Reserve.













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