Morning Rundown: India Strikes Pakistan, Conclave Begins for New Pope, and Fed Holds Interest Rates Steady0

• India, News, Pakistan, War
• May 7, 2025

In today’s update: India escalates tensions with Pakistan, launching airstrikes in retaliation for a terrorist attack in Kashmir. The conclave to choose a new pope has commenced at the Vatican, and the Federal Reserve is set to hold interest rates steady as it evaluates the impact of President Trump’s tariffs. Here’s what you need to