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PRESS DIGEST- New York Times business news - Feb 5

ReutersFeb 5, 2025 5:48 AM

- The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- U.S. President Donald Trump declared on Tuesday that the United States should seize control of Gaza and permanently displace the entire Palestinian population of the devastated seaside enclave.

- The United States Postal Service said on Tuesday that it had temporarily stopped accepting packages from China and Hong Kong, hours after an order by President Trump took effect that ended duty-free handling of these parcels.

- The U.S. Securities and Exchange Commission is moving to scale back a special unit of more than 50 lawyers and staff members that had been dedicated to bringing crypto enforcement actions.

- U.S. President Donald Trump signed an executive order on Tuesday calling for a general review of U.S. funding and involvement in the United Nations, casting uncertainty on the leadership role the United States has played as the global body's top donor.

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