Houthis embrace ‘direct confrontation’ with U.S. as Biden admits airstrikes aren’t working
DUBAI, United Arab Emirates — Yemen’s Houthi rebels are enthusiastically “confronting America directly,” the organization’s leader said in a televised…
Grim retail sales suggest possible recession for Britain
U.K. retail sales dropped significantly more than expected in December, in a sign that the economy may have entered a…
Drone strikes hit St. Petersburg; Russian oil depot on fire
This was CNBC’s live blog tracking developments on the war in Ukraine. Ukraine targeted the Russian city of St. Petersburg…
North Korea conducts test of underwater nuclear weapons system, state media reports
North Korea has conducted a test of its underwater nuclear weapons system in a protest against this week’s joint military drills by…
U.S. says Houthis launched missiles at tanker ship but no damage caused
The Iran-backed Houthi militia launched two anti-ship ballistic missiles at a U.S.-owned tanker ship late on Thursday that hit the water near the vessel but caused no injuries…
Unredacted complaint alleges Meta knew of ‘huge volume’ of child sexual harassment on its platforms
WASHINGTON — A new legal filing about child exploitation on Meta‘s Facebook and Instagram apps alleges a 2021 internal company…
Judge rejects Trump bid to hold special counsel Jack Smith in contempt in election case
A federal judge on Thursday rejected an effort by former President Donald Trump to hold special counsel Jack Smith in…
Fed’s Raphael Bostic expects rate cuts to happen in the third quarter
Atlanta Federal Reserve President Raphael Bostic expects policymakers to start cutting rates in the third quarter of this year, saying…
