UPS Says It Will Cut 20,000 Jobs in Efficiency Drive
The move comes as President Trump’s tariffs are reducing shipping volumes and is in addition to 12,000 job cuts last year.
It Is Happening Every Day, Every Where
The move comes as President Trump’s tariffs are reducing shipping volumes and is in addition to 12,000 job cuts last year.
The president’s dizzying efforts to reconfigure the global economy, reshape the federal government and restrict immigration have been undergirded by a nonstop distortion of facts.
Market chaos and economic uncertainty has been a feature of the president’s first few months back in office. DealBook breaks down the milestones, and what to expect next.
President Trump is trying to show his commitment to U.S. manufacturing at a moment when many are growing dissatisfied with his economic agenda.
The Maryland Democrat accused the president of “gross violations of the Constitution and due process rights” and demanded the return of an immigrant and Maryland resident imprisoned in El Salvador.
Alexander Stubb warned against subjecting Ukraine to “Finlandization,” called for more pressure on Russia’s leader to get a peace deal and said President Trump was running out of patience.
Housing developers and researchers say the idea of building more homes on federal land could help ease shortages. But various obstacles could hinder the effort.
President Trump’s cryptocurrency firm has eroded the boundary between private enterprise and government policy in ways without precedent in American history. David Yaffe-Bellany, a technology reporter for The New York Times covering the crypto industry, describes how it works.
The planned concessions to give automakers more time to relocate production to the United States would still leave substantial tariffs on imported cars and car parts.
The move comes as President Trump has tried to abolish D.E.I. programs at universities.