U.S. strikes Iran and Houthis threaten Saudi Arabia shipping as mediators push 10-day ceasefire
The latest cycle of strikes comes amid reports that regional mediators have presented Washington and Tehran with a proposal for a 10-day ceasefire.

The latest cycle of strikes comes amid reports that regional mediators have presented Washington and Tehran with a proposal for a 10-day ceasefire.
Comments from JPMorgan Chase CEO Jamie Dimon contrast with investors' recent willingness to look past wars, tariffs and other shocks.
Wall Street analysts expect General Motors to report adjusted earnings per share of $3.20 and revenue of $47.01 billion.
Canada's relationship with the U.S. has frayed amid Trump's tariff-heavy agenda and vocal displeasure with the nations' trilateral trade pact with Mexico.
Boeing and Airbus are preparing their next narrow-body jets, but airlines and investors remain focused on production, deliveries and current aircraft.
Arvind Raman, the director of National Institute of Standards and Technology, will serve as acting director of CAISI, according to a spokesperson
Abu Dhabi's National Oil Company will invest $6.2 billion to develop the Umm Shaif Gas Cap to expand natural gas production and liquefied natural gas exports.
Samsung Electronics shares rose as the company set up a robotics division in a push into physical AI.
The FDA's investigation into the source of the cyclosporiasis outbreak is causing confusion as companies and consumers alike navigate new updates.
J.P. Morgan boss Jamie Dimon, who backed Healey's predecessor, has waded into the U.K.'s political debate.
Inflation fears are back in focus amid worries over escalating tensions between the U.S. and Iran in the Middle East conflict which has kept oil prices elevated
A California judge granted a temporary restraining order as part of the lawsuit brought by state attorneys general due to antitrust concerns.
The U.K.'s new prime minister faces a huge test when it comes to convincing the financial markets.
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was broadly flat at 4.594%.
SBI Funds Management, whose billion-dollar IPO garnered bids worth $31 billion, made a subdued debut with shares listing at a 7% premium.
The flare-up came before Rubio is expected to visit Manila for meetings of Southeast Asian foreign ministers, with Chinese diplomat Wang Yi also in attendance.
CNBC's Jim Cramer says the AI trade has become too unpredictable, making this a better time to put new money into high-quality companies outside of technology.
When trading in a sector, industry, or stock changes dramatically, as it has with the hyperscalers and AI stocks in recent days, you must change your scales.
Israel's prime minister, Benjamin Netanyahu, is the target of an arrest warrant issued by the International Criminal Court related to the war on Gaza.
Sen. Darline Graham enters an increasingly crowded Republican field to fill the seat of her late brother Lindsey Graham, who died earlier this month.
AMC options surged out of the gate this morning with over 300,000 contracts traded as of writing.
While some research has shown benefits for patients who qualify, questions remain about the therapy's long-term risks and use among men without a medical need.
The militants, in a statement carried by state news, accused the Saudis of laying an "aggressive siege" against them.
Archer and its eVTOL peers are racing for FAA certification to start flying their air taxis commercially.