According to Al Jazeera, Yemen government forces said they repelled a Houthi attack on a front overlooking the Bab al-Mandeb Strait.

At the recent 11th (Autumn) Central SOE Investment and Development Conference, NPC Standing Committee member and vice chair of the Financial and Economic Affairs Committee Weng Jieming proposed creating technology-focused state capital management companies to monetize high-quality, stable-cash-flow equity held by SOE investors. Dividend income from existing equity holdings would be used to provide funding for early-stage, high-risk investment in emerging industries.

Federal Reserve's Barkin said transmission shocks such as tariffs and energy prices have not abated and current elevated inflation could feed into future inflation.