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Yemen’s Houthis say they attacked a Saudi oil tanker in the Red Sea, Gulf of Aden

Yemen’s Iran-backed Houthis said ‌that they had launched a missile attack on a Saudi oil tanker off the coast of the kingdom’s Red Sea port city of Yanbu and another missile attack on a Saudi oil tanker in the Gulf of Aden, Reuters reported on Wednesday.Earlier, the United Kingdom Maritime Trade Operations (UKMTO) reported an incident southeast of Aden but it is unclear whether it was the same attack.A Houthi military spokesman said that the latest attacks…

Finance news

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Elon Musk’s Starlink is dominating in-flight WiFi. Here’s which airlines have it — and how to check if your plane does.

From United Airlines and Emirates to British Airways and Air New Zealand, Elon Musk’s Starlink is gaining popularity across global airlines.In its 2025 Progress Report, Starlink said more than 1,400 commercial planes worldwide have been equipped with the ultra-high-speed internet. Over 40 commercial carriers have announced deals.All airlines that offer…

Business

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Neel Kashkari argues Fed should hike rates to fight inflation soon

Minneapolis Federal Reserve President Neel Kashkari on Wednesday outlined why he thinks the central bank should raise interest rates to curb persistent inflation and head off the need for more substantial monetary policy action at a later date. Kashkari was one of the three Fed policymakers who dissented from the…

Markets

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The K-shaped economy isn’t dead yet

Is the economy still K-shaped?The label came into vogue to describe an economy where the rich keep pulling ahead while the poor fall further behind. Recent comments from business executives and policymakers suggest that shape might be changing.Hilton CEO Christopher Nassetta said that sales growth is spreading beyond just luxury.…

Investing

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