Oman says it's mediated a ceasefire between the U.S. and Houthis

From the BBC World Service: The Yemeni group started attacking shipping lanes around the Red Sea after the war in Gaza began. It's hoped the ceasefire will stop disruptions to major trade routes. Then, China and the U.S. are set to hold their first trade talks since sweeping tariffs were announced. Later: Spanish Prime Minister Pedro Sánchez on last week's massive power outage and former U.S. President Joe Biden on defense and international trade.

Om Podcasten

In less than 10 minutes, we'll get you up to speed on all the news you missed overnight. Throughout the morning, Marketplace's David Brancaccio will bring you the latest business and economic stories you need to know to start your day. And before U.S. markets open, you'll get a global markets update from the BBC World Service in London.