U.S. expands mission to stop Iran’s arms smuggling to Yemen

The Biden administration is expanding efforts to surveil and intercept Iranian weapons being smuggled to Yemen, where Houthi militants have staged a deadly campaign of violence against commercial shipping that has proved resilient to six weeks of military strikes, said U.S. officials familiar with the matter. The initiative seeks to map seafaring routes used by … Read more

Al-Qaida’s Yemen branch says leader Khalid al-Batarfi dead in unclear circumstances

SANAA, Yemen — The leader of Yemen’s branch of al-Qaida is dead, the militant group announced late Sunday, without giving details. Khalid al-Batarfi had a $5 million bounty on his head from the U.S. government over leading the group al-Qaida in the Arabian Peninsula, long considered the most-dangerous branch of the extremist group still operating … Read more

Ship damaged offshore Yemen, days after Houthi-struck vessel sank

Aerial view of a tanker. Bugto | Moment | Getty Images A merchant vessel was hit and took damage offshore of Yemen, the U.K. Maritime Trade Operations said Wednesday, days after a ship struck by Iran-backed Houthis sank in the Red Sea. The UKMTO said that the incident took place 54 nautical miles southwest of … Read more

Wall Street high on AI euphoria

Jonathan Raa | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today  Markets positive Wall Street … Read more

Red Sea battle expands with EU stepping up its efforts against Houthis

The battle for the freedom of navigation in the Red Sea has expanded with the entrance of a European Commission naval defense effort in the past week, and more U.S. and allied strikes against Houthi land targets over the weekend, but to date, combined military efforts have not deterred rebel attacks. On Saturday evening, United … Read more

U.S., Britain hit dozens of targets in new wave of strikes in Yemen

U.S. and British forces launched dozens of strikes against Houthi militants in Yemen on Saturday night, U.S. officials said, the latest effort to stop what have become near-daily attacks on commercial vessels in the Red Sea and nearby waterways. The strikes mark the largest military action against the Houthis in weeks, though U.S. forces have … Read more

The U.S. economy seems to be holding up

People shop at a retail store in Manhattan, New York City, on Jan. 5, 2024. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? … Read more

Worries over rate cuts persist

Traders work on the floor of the New York Stock Exchange during morning trading on July 06, 2023 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Wariness over rate cuts lingers

Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, March 22, 2023. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to … Read more

Houthi attack forces MV Rubymar cargo ship to evacuate off Yemen

Iranian-backed Houthi militants claimed Monday that they had launched one of their most damaging attacks yet on a ship, saying that a strike put a British cargo vessel at risk of sinking. U.S. Central Command said that two anti-ship ballistic missiles were launched from Houthi-controlled areas in Yemen toward a Belize-flagged, British-owned ship in the … Read more