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UPS announces it will cut 12K jobs

UPS will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply.

House GOP to take key vote toward impeaching Mayorkas

Speaker Mike Johnson, R-La., said the House was moving ahead with the Homeland Security secretary’s impeachment “by necessity” with a full House vote as soon as possible.

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Federal Reserve faces expectations for rate cuts

The timing of those rate cuts, which would lead to lower borrowing costs for consumers and businesses, remains uncertain.

U.S. sees signs of progress on deal to release hostages

U.S. negotiators are making progress on a potential agreement under which Israel would pause military operations against Hamas in Gaza in exchange for the release of more than 100 hostages.

Israel notes ‘significant gaps’ after cease-fire talks with US

Israel said “significant gaps” remain after cease-fire talks on Sunday with the United States, Qatar and Egypt, but called them constructive.

More countries join US in suspending funding to UN agency

Nine countries have suspended their funding following Israel’s allegations that a number of Gaza staff members participated in the Oct. 7 Hamas terrorist attack that sparked the war.

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