Tag: FedEx

Are banks open today or on Veterans Day? Is the post office closed? Here’s what to know.
Money

Are banks open today or on Veterans Day? Is the post office closed? Here’s what to know.

Art helps female Afghan army veterans heal U.S. military veterans use art to help displaced female Afghan army veterans 04:22 With Veterans Day falling on a Saturday this year, some banks won't be open on Friday and others will be closed on Saturday in observance of the federal holiday that honors Americans who served in the military. Post offices will be closed for the holiday, but stock markets will operate normally.Are banks open today or...
U.S. Trade Loophole Fuels Rise of China’s New E-Commerce Firms
World

U.S. Trade Loophole Fuels Rise of China’s New E-Commerce Firms

Updated Oct. 26, 2023 2:43 pm ETA law that allows low-price packages to enter the U.S. duty-free and with little customs scrutiny has enabled the breakneck growth of two e-commerce companies with roots in China: Shein and Temu.  Packages valued under $800 can enter the U.S. under simplified procedures known as the de minimis exemption. Lawmakers and some U.S. businesses say it is a loophole that the Chinese companies are using at a huge scale, allowing shipments of products that are unsafe or made with forced labor, while avoiding taxes.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8