President Trump said that the reductions in force across the federal government will be “Democrat oriented,” adding that his administration will announce the number of layoffs in the next couple of days. He warned that it will be “a lot.”
Category Archives: business
UPS says it’s ‘disposing of’ some packages over customs issues
The end of a long-standing tariff exemption on low-value packages back in August has caused thousands of packages from overseas to be stuck in U.S. Customs, awaiting clearance. UPS tells NBC News that it has started disposing of some shipments. Brian Cheung explains.
Consumer outlook for household finances falls to lowest in over a decade: Survey
Consumers’ outlooks for their economic futures have the University of Michigan Surveys of Consumers
Three big pressure points that could bring an end to the government shutdown
As the government shutdown continues, federal workers will begin to miss their paychecks, airports could see longer delays and frustration over rising insurance premiums may grow.
Trump threatens China with new tariffs and ‘countermeasures’
President Donald Trump on Friday threatened a “massive” increase in tariffs on Chinese products, rocking markets and adding a fresh dose of uncertainty into trade relations between the world’s largest economies
Israel Says Ceasefire Is in Effect as Troops Pull Back From Gaza
The Israeli military announced a ceasefire is in effect and say that troops have pulled back from parts of the Gaza strip to agreed lines, starting the first phase of President Donald Trump’s peace plan to end the war in Gaza. Now, Hamas has three days to gather and free all of its hostages, 20 believed to be alive and 28 bodies, and eventually give up power. NBC’s Richard Engel reports for TODAY.
UPS is ‘disposing of’ U.S.-bound packages over customs paperwork problems
Thousands of UPS shipments to the U.s. are trapped at hubs because they can’t clear the Trump administration’s maze of new customs requirements.
Israel and Hamas agree to first phase of Trump’s peace plan
President Trump touted a landmark agreement to end the war in Gaza. Plus, two senior U.S. officials tell NBC News that 200 U.S. troops will be deployed to Israel, but not Gaza, to support an international security force. NBC News’ Garrett Haake reports.
Gold has never been more valuable — but buyers beware
The price of gold this week smashed through the $4,000-an-ounce barrier for the first time. But should you buy some?
What to know about the Israel-Hamas truce and hostage release plan
There are still lingering questions about what Trump’s 20-point plan will mean for the future of the Gaza Strip.