Saudi Arabia accuses Abu Dhabi of ‘dangerous’ Yemen actions, strikes port over UAE weapons shipment

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By Mostafa Salem, CNN

(CNN) — Saudi Arabia publicly accused close ally the United Arab Emirates of “highly dangerous” actions in Yemen as it led “limited” airstrikes on the country’s Mukalla port Tuesday morning following accusations that two ships from the UAE had delivered weapons and combat vehicles to separatist forces.

In a statement, the Saudi Foreign ministry called the “steps” taken by the UAE a threat to its national security in an escalation that highlights a deepening rift between the region’s tightest partners.

The Saudi statement was issued moments after a speech by the head of Yemen’s Presidential Council Rashad Al Olimi, a body backed by Saudi Arabia, who accused the UAE of “directing” forces to “rebel against the state authority” and “escalating militarily” in the country.

“The Kingdom stresses that any threat to its national security is a red line, and the Kingdom will not hesitate to take all necessary steps and measures to confront and neutralize any such threat,” the statement by the Saudi Foreign Ministry said.

CNN has reached out to the UAE’s Foreign Ministry for comment.

Earlier this month, UAE-backed Southern Transitional Council (STC) launched an offensive taking control of key provinces in Yemen – a move that infuriated the Saudi-backed government, who say the military action fragmented a battle with the Iran-backed Houthi forces in the north.

Groups allied to the STC had pushed into the oil-rich province of Hadramout, claiming a total of eight governorates and renewing calls for southern Yemen to secede as an independent state.

Meanwhile, Saudi-backed groups in Yemen called on all Emirati forces to leave Yemeni territory within 24 hours and ended a defense pact with the UAE.

It’s unclear what UAE forces, in any, are currently in Yemen.

Saudi Arabia and the UAE – both neighboring oil giants – are two close allies and are key United States partners controlling trillions in global assets.

Before the escalation, US Secretary of State Marco Rubio called for diplomacy and restraint last week.

“The United States is concerned by recent events in southeastern Yemen. We urge restraint and continued diplomacy, with a view to reaching a lasting solution. We are grateful for the diplomatic leadership of our partners, the Kingdom of Saudi Arabia and the United Arab Emirates and remain supportive of all efforts to advance our shared security interests,” he said on X.

The two countries were united, along with Bahrain and Egypt, in imposing blockade on fellow Gulf nation Qatar that lasted over three years, marking the most severe recent crisis within the Arab bloc. The UAE had also supported Saudi Arabia in the war in Yemen, before withdrawing in 2019.

More than a decade of war in Yemen has turned the country into one of the world’s worst humanitarian crises. The years of fighting have compounded the country’s economic crisis and shattered social services.

CNN’s Nadeen Ebrahim contributed to this report.

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Cities with the highest and lowest property tax burdens

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Cityscape view of downtown Paterson, New Jersey, from Garret Mountain Reservation.

quiggyt4 // Shutterstock

 

Even after the mortgage is paid off, homeowners face ongoing property taxes across the United States. While senior citizens, owner-occupants, and other groups may receive preferential tax treatment in some jurisdictions, homeowners still pay anywhere from 1% to 10% of their income on property taxes. These taxes pay for local infrastructure and amenities — putting a dollar value on the local lifestyle — but not every household may use these benefits equally. Thus, property taxes become an important consideration for those considering first-time homeownership or relocation alike.

With this in mind, SmartAsset ranked 343 of the largest U.S. cities based on the percentage of homeowner income that goes to paying property taxes each year.

Key Findings

  • Homeowners in this city spend 10% of their income on property taxes. Paterson, NJ has the highest rate of real estate taxes being paid relative to the median household income for homeowners at 9.8%. Homeowners pay a median $9,779 per year, with a median monthly housing cost of $2,869 and household income of $100,227.
  • New Jersey and Connecticut cities dominate the top 10. Including Paterson, New Jersey has three cities with some of the most expensive property taxes in the country. Newark homeowners pay a median of 6.1% of their income, or $6,833 annually. Jersey City follows with 6.0% of homeowner income going toward a $9,197 annual payment. Connecticut cities that made the top 10 include Bridgeport (7.4% of income paid to property taxes); Waterbury (7.1%); New Haven (5.6%); and Stamford (5.5%).
  • Floridians spent the highest portion of their income on property taxes in these cities. Davie homeowners spend a median 5.1% of their income on property taxes, most statewide. West Palm Beach residents have the second-highest portion of their income going to property taxes at 4.9%, followed by Miami Gardens at 4.7%. Boca Raton has the highest annual property tax bills at a median $6,979, but this only accounts for 4.1% of the local homeowner’s income.
  • Alabama and Arizona cities post some of the lowest property tax burdens. Montgomery, AL has the lowest property taxes both relatively and absolutely, with 1.1% of homeowner income going to cover a $917 annual median bill. Homeowners are also among the least burdened by property taxes in Huntsville (1.3%) and Mobile (1.3%) in Alabama, and in Tempe (1.3%); Glendale (1.4%); and Chandler (1.5%) in Arizona.

A chart showing the property tax burden for 20 U.S. cities, ranked by median annual property taxes paid as a percentage of the median local household income for homeowners.

SmartAsset

Top 20 Cities With the Highest Property Tax Burdens

Cities are ranked based on the percentage of local homeowner inco

A look at Zohran Mamdani’s policy ideas as he becomes New York City’s mayor

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By Gloria Pazmino, CNN

New York (CNN) — Zohran Mamdani becomes New York City’s mayor on Thursday with an ambitious agenda that drove a national conversation about affordability but will require billions in public funding and the backing of politicians who have expressed reservations.

The 34-year-old democratic socialist has just a few weeks before the start of state and city budget season begins at the end of January. He’s proposed that many of his top agenda items be paid for by raising taxes on the city’s wealthiest residents and corporations.

Mamdani does not have power to increase or lower taxes on his own. He will need the support of Gov. Kathy Hochul and the state legislature.

Here’s a look at his top policy proposals and the path forward for each of them.

Expanding universal childcare

Mamdani campaigned on a plan to offer universal childcare to every child from 6 weeks to 5 years old. The program, which is estimated to cost approximately $6 billion every year, would also expand existing pre-K and 3-K programs and increase worker salaries.

If implemented, free universal childcare would amount to one of the most significant government policies in more than a decade, since former Mayor Bill de Blasio successfully launched universal pre-K.

The cost of childcare in New York City has skyrocketed. A 2025 report by the city comptroller found the average cost of childcare for infants and toddlers in small, family-based options was around $18,200 a year, a 79% increase since 2019. The figures were even higher for center-based care, which came in at an average of $26,000 a year, reflecting an increase of 43% since 2019.

Mamdani has said he would fund his proposal by taxing wealthy residents and raising the city’s corporate tax rate.

Hochul, who is heading into her own reelection campaign in 2026, has thrown cold water on Mamdani’s plan to raise income taxes on the wealthy, but she has left the door open on the possibility of raising the corporate tax. Facing a Democratic primary challenge from Lt. Gov. Antonio Delgado, Hochul will be under pressure to deliver an affordability-themed win of her own.

Hochul is the first woman elected to New York’s top office and often talks about being the first “mom governor.” She has already moved to increase state subsidies for low-income families, which she says will help pave the way towards a universal option.

Freezing increases in rent-stabilized apartments

Mamdani wants to freeze the rent for roughly two million rent-stabilized tenants in New York City.

The proposal is a core plank of Mamdani’s housing and affordability agenda, which also includes a pledge to build 200,000 units of affordable housing over the next decade and increasing funding to maintain already existing public housing.

To make the rent freeze happen, Mamdani has said he would appoint members to the city’s Rent Guidelines Board who support his proposal. The nine-member board, which is controlled by the mayor, sets annual rent increases on stabilized units every year.

The outgoing mayor, Eric Adams, appointed or reappointed four members of the board in the final days of his term. That could delay a rent freeze by a year or more if Adams-picked members reject Mamdani’s proposal and he waits for their terms to expire to replace them.

Board members serve terms of varying length, from two to four years, while the mayor can replace the chair at any time.

While the

How to avoid getting into trouble when using AI at work

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By Jeanne Sahadi, CNN

(CNN) — Love it or hate it, AI is increasingly becoming integral to the way we work.

So, like a lot of employees, you’ve started using it for your assignments.

That’s great – unless you’re not clear on what defines acceptable versus unacceptable uses of AI for your job and which specific tools your employer has approved or prohibited.

Here’s how to get a better sense of all that and minimize potential trouble, even if your employer hasn’t been great in spelling things out.

1. Recognize AI’s limits

Generative AI can be impressive – for instance, helping you find data or making connections you’d otherwise miss; and testing work products for design flaws or mistakes.

At the same time, it’s also highly imperfect and subject to so-called “hallucinations” – defined by IBM as “a phenomenon where (it) perceives patterns or objects that are nonexistent or imperceptible to human observers, creating outputs that are nonsensical or altogether inaccurate.”

In other words, it can produce hot garbage.

An AI tool may be excused by its promoters for those hallucinations, but you won’t be.

That’s why when it comes to your job, “never blindly rely on AI,” said Dave Walton, an employer-side attorney who co-chairs Fisher Phillips’ AI, Data, and Analytics Practice Group.

Instead, view it as an initial assist. “Generative AI is the best thing in the world to get you from zero to not bad in 60 seconds,” said Niloy Ray, a co-lead of the AI practice at the employer-side law firm Littler Mendelson.

But, he added, “’Not bad’ is rarely the standard to which you’re working.”

It’s up to you to verify anything you incorporate from AI into your projects. And to be transparent with your boss whenever you use it for that purpose.

2. Seek out your company policy

It’s hard to say definitively how many employers have full-blown AI policies in place, though the numbers are likely on the rise.

Some non-scientific surveys suggest it is a smaller share than the high percentages of employees who say they’re already using AI.

“Self-directed AI use has grown to 65%, creating both innovation and risk as employees explore tools ahead of formal guidance,” according to the American Management Association, which surveyed 1,365 professionals in varying industries across 29 countries this year.

Meanwhile, a recent Littler survey of 349 professionals from US companies of varying sizes and industries found that 38% of companies said they created a specific policy for employee use of AI; another 13% said they’d developed guidelines; and 19% indicated they fit AI use into pre-existing workplace policies.

So, before doing anything else, check what AI policies and guidelines your employer has put in place.

If well done, those policies should offer a clear sense of the company’s guiding principles on usage, a clear set of dos and don’ts as well as a list of AI tools you are permitted to use and under what conditions. And it should make clear what disciplinary actions could result if you misuse them. (Here’s a sample from Fisher Phillips to give you an idea.)

Some types of companies may forbid AI use (e.g., a defense contractor) while others (such as banking and finance firms) may urge extreme caution or just don’t have the appetite for it, Ray said.

And other employers may license an AI tool that will be bespoke for company use or create its own internal AI tool, Walton said. In which case, use of publicly available third-party tools may be discouraged, restricted or prohibited.

3. Use common sense

If your employer doesn’t have a dedicated AI policy, consult your company’s other policies that apply to

The brands we lost in 2025

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By Jordan Valinsky, CNN

New York (CNN) — In 2025, shoppers said farewell to a number of well-known retailers.

Forever 21 didn’t live up to its name. The celebrations ended at Party City. And it all went wrong for Rite Aid.

These stores were just some of the roughly 8,200 locations that shut their doors this year, about 12% more than 2024, according to Coresight Research.

Slumping consumer sentiment, poor finances and years of shifting shopping habits have left some of these aging chains in a lurch. Some are headed down a path to bankruptcy as Americans dial back on discretionary purchases as inflation remains a stubborn problem.

Here are some of the major chains that went bust in 2025:

Forever 21

Forever 21 filed for bankruptcy (for the second time) in March and closed down its US operations, shuttering about 500 stores.

The company blamed “economic challenges impacting our core customers” – namely, cost-sensitive teens shifting their allegiance to competitors – as well as the rise of foreign fast fashion companies.

Forever 21 was unable to keep up with Chinese e-commerce giants such as Shein and Temu, especially as online shopping boomed during the pandemic. The company was also sensitive to President Donald Trump’s tariffs on imports into the United States.

Joann

Fabrics and crafts retailer Joann closed up shop in February, ending more than 80 years in business.

The closure came following its second Chapter 11 filing within a year, with the company blaming sluggish sales, inventory problems and a heavy debt load.

The “last several years have presented significant and lasting challenges in the retail environment, which, coupled with our current financial position and constrained inventory levels, forced us to take this step,” its former CEO Michael Prendergast said in a January press release.

However, the brand name and some of Joann’s beloved private labels were recently revived by Michaels with a “store within a store” concept.

Party City

Party City first announced it was going out of business about a year ago, but fully closed its stores in February. The chain, best known for balloons and other celebratory supplies, had been in business for 40 years.

The retailer previously declared bankruptcy in January 2023 and struggled with debt, carrying more than $1.7 billion at one point.

Party City also faced lots of competition – from e-commerce sites, pop-up concepts like Spirit Halloween and big-box retailers like Walmart and Target.

Rite Aid

Rite Aid, once one of America’s biggest pharmacy chains, closed its doors in October following its second bankruptcy in the past few years.

The full-service pharmacy firs

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