US fighter jet has shot down an anti-ship cruise missile targeting its Navy destroyer in the Red Sea from a Houthi-controlled area of Yemen.USS Laboon came under attack in the Southern Red Sea at 4:45 p.m. local time Sunday, the US Central Command said in a report posted on X.The missile was shot down off the coast of Hudaydah, it said. There were no injuries or damage reported.It comes within a w...
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Political News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.