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Edition from 2025-05-07, 1 PM UTC

India Launches Missile Strikes on Pakistan in Major Escalation

India launched coordinated missile attacks on nine sites in Pakistan and Pakistan-administered Kashmir, targeting terror infrastructure amid rising tensions. Pakistan vows to retaliate as diplomatic and military strains heighten between nuclear rivals.

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Number $60 million - Value of US fighter jets lost off USS Harry S. Truman in under two weeks.

Quote "Modern-day appeasement" — Joe Biden on Trump's Ukraine policy

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S&P 6,244 ↓ 0.40% • Dow 44,023 ↓ 0.98% • Nasdaq 20,678 ↑ 0.18% • Gold 3,330 ↓ 0.85% • BTC 117,537 ↓ 1.93%
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Merz clinches Germany chancellorship after historic parliament vote

Friedrich Merz faces tough start as new German chancellor

Germany’s Merz stumbles into office amid political upheaval

India launches missile strikes on Pakistan terror sites

Pakistan calls India’s attacks ‘act of war’, vows retaliation

Tensions escalate as India-Pakistan exchange deadly strikes

Trump to rename Persian Gulf the Arabian Gulf – officials

Trump plans US to call Persian Gulf Arabian Gulf in Saudi trip

Trump’s Gulf renaming move sparks Iran backlash

Second US fighter jet lost overboard from USS Harry S. Truman

USS Harry S. Truman suffers string of fighter jet losses

Biden slams Trump as ‘modern-day appeaser’ on Ukraine

Biden torches Trump’s Ukraine stance in first post-presidency interview

Joe Biden blasts Trump for ‘foolish’ Russia appeasement

Trump declares ceasefire with Yemeni Houthis after bombing campaign

Houthis ‘surrender’ after US bombing barrage - Trump says attacks to stop

Trump ends US airstrikes on Houthi rebels amid ceasefire deal

Disney unveils plans for new Abu Dhabi theme park and resort

Disney’s new UAE park to extend reach in Middle East

Disney announces expansion with Abu Dhabi theme park deal

Federal Reserve expected to hold interest rates steady amid tariff impact

Fed faces dilemma balancing inflation fight and growth support

Federal Reserve likely to pause rate hikes as tariffs cloud economy

IRS loses nearly 1 in 3 tax auditors amid Musk’s department cuts

Watchdog flags IRS staffing crisis as auditors exit

IRS sheds third of workforce amid sweeping cuts

Columbia University to lay off 180 staff after losing federal funds

Columbia cuts jobs after Trump freezes $400M funding

University layoffs hit 180 amid political funding row

Supreme Court allows Trump transgender military ban to take effect

Trump transgender military ban cleared by Supreme Court

ICE raids DC restaurant owned by CBS anchor's husband

Immigration agents target Washington DC eateries in crackdown

Norah O’Donnell’s husband’s restaurant audited by ICE agents

Trump begins naming federal judges to fill key vacancies

Trump nominates judges in Missouri and DC as confirmations loom

Evolution of Trump judicial appointments continues

US, China set for high-stakes trade talks in Switzerland

Trump administration and China to meet for first tariff talks

US-China trade war talks scheduled in Geneva this week

Pam Bondi announces historic fentanyl bust and cartel arrests

Largest fentanyl seizure in US history announced by AG Bondi

US Attorney General touts massive fentanyl operation success

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