Key interest rate hiked by quarter-point; Fed extends fight against inflation

WASHINGTON: The Federal Reserve increased its benchmark interest rate by a quarter point on Wednesday, marking the eighth increase since March, as part of an ongoing effort to combat high inflation...

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Pakistani Taliban admits responsibility; denial follows

ISLAMABAD : The Pakistani Taliban, also known as Tehreek-e-Taliban Pakistan, or TTP, came under immediate suspicion after a suicide bomber decimated a mosque inside a police compound in Peshawar, P...

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