Saudi alerts sound as Yemen fighting puts key oil shipping routes under pressure

Earlier this month, Eddie Smith Jr., the 83-year-old owner of Grady-White Boats, made what was likely one of the biggest decisions of his life. In lieu of accepting offers exceeding $400 million to sell his company, Eddie chose to gift the entire enterprise to a perpetual purpose trust, pledging that 95% of future profits, potentially…

The Mamdani administration’s independent charter review panel, dubbed the Commission on Government Efficiency, plans to propose ballot measures aimed at overhauling how the city handles permitting and procurement processes. COGE will propose that voters decide whether the city should establish a central hub to obtain permits for construction projects, along with measures to streamline how…

Bank of England's Pill says interest rates will need to rise

Eli Lilly CEO Dave Ricks told CNBC on Monday that 700,000 new seniors have started GLP-1 treatments since Medicare coverage of obesity drugs launched in July, and 70% of those patients are on Lilly medicines. In an exclusive interview with CNBC, Ricks called the rollout of coverage “very encouraging” so far, saying its expansion of…

This week’s top headlines: Skipton BS cuts rates and expands range and HMRC tax receipts hit £391.6bn Explore these and other major industry updates below: Skipton BS cuts rates and expands range Skipton Building Society will cut rates across its entire fixed mortgage range by an average of 0.15% from 25 September, alongside new three-year…

Texas Senate candidate James Talarico (D-TX) speaks at a campaign rally on March 2, 2026 in Houston, Texas. Talarico is visiting various locations around the state in the lead up to tomorrow’s primaries. Danielle Villasana | Getty Images Texas Democratic Senate candidate James Talarico is out with a new plan, first shared with CNBC, to…