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Zelenskyy ready to discuss Ukraine peace with Trump

admin - Latest News - November 25, 2025
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Zelenskyy ready to discuss Ukraine peace with Trump



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November 24, 2025
Nov. 24, 2025, 12:01 AM ESTBy Jarrod BarryAs the holiday shopping season starts to kick into high gear, Americans are balancing Black Friday deals with lingering concerns about their own finances.Consumers are looking to shell out less this holiday season, new data from Deloitte shows. Surveyed shoppers said they plan to spend 4% less than last year between Black Friday and Cyber Monday, citing higher costs of living and more fear of the economy.It’s a reversal. Previous Deloitte surveys dating back to 2021 had shown shoppers planned to spend more than previous years during the post-Thanksgiving weekend.The pullback is expected to hit both ends of the income spectrum. Consumers making less than $50,000 a year are expected to spend 12% less than last year, according to the business services firm. Shoppers making more than $200,000 a year say they’ll cut their spending by 18%.“While we expect shoppers to plan to pull back on spending, we also anticipate strong participation throughout the holiday week,” Natalie Martini, Deloitte’s vice chair and U.S. retail and consumer products leader, said in a press release.The firm surveyed 1,200 consumers across the United States between Oct. 15 and Oct. 23.Shoppers are hitting the malls and retail websites at a precarious time, with Americans feeling increasingly fearful about both the broader economy and their personal finances. Consumer confidence hit one of the lowest levels on record in November, according to the University of Michigan’s consumer sentiment survey that was released Friday. It’s just slightly above the June 2022 low, when inflation was soaring.Voters cited affordability as a top concern during November’s elections, fueling Democratic wins in Virginia, New Jersey and New York City. President Donald Trump has tried to address rising food costs by eliminating many of the tariffs he imposed this year on food imports, including beef and coffee from Brazil.The University of Michigan report found that consumers were particularly worried about their jobs and personal finances: 69% of respondents said they expect unemployment to increase over the next year, twice the percentage from a year ago.“After the federal shutdown ended, sentiment lifted slightly from its mid-month reading,” wrote Joanne Hsu, the director of consumer surveys at the school. “However, consumers remain frustrated about the persistence of high prices and weakening incomes.”The rate of inflation, which slowed earlier this year, has been climbing since April, according to federal data, reaching an annual rate of 3% in September. That’s stinging Americans’ wallets, and many aren’t expecting relief anytime soon. Respondents in the University of Michigan consumer sentiment survey expect inflation to hit 4.5% by next year.Retail earnings reports over the past few weeks point to some troubling consumer trends. Walmart posted strong results last week as the discount retailer benefited from shoppers looking to save money on core items like groceries and other staples. The company said higher-income families are shopping more at the store in search of bargains, while lower-income families are under greater financial strain.“As pocketbooks have been stretched, you’re seeing more consumer dollars go to necessities versus discretionary items,” said John David Rainey, Walmart’s chief financial officer, during the company’s earnings call.Discount fashion retailers like Gap and TJX Cos., which owns the chains T.J. Maxx and Marshalls, also reported strong quarterly earnings, another sign that shoppers are trading down and seeking out cheaper options. Target and Bath & Body Works, which are seen as stores that encourage splurging, struggled during the previous quarter.With their bank accounts already stretched, consumers are increasingly turning to financing in order to afford their purchases. A report last month from PayPal found that half of shoppers plan to use buy now, pay later services for their holiday shopping. These services, which include apps like Klarna, Afterpay and Affirm, allow customers to make a purchase and then pay it off in installments, typically with 0% interest.These apps are especially popular with younger shoppers. According to the Deloitte study, 39% of Gen Zers and millennials will use buy now, pay later apps for Black Friday spending. Many shoppers use these services to spread out their spending over a longer period of time, but some worry that it entices people to spend more than they can afford and can pull them into debt they didn’t expect.Jarrod BarryJarrod Barry is an intern with the NBC News Business Unit.
October 28, 2025
Oct. 28, 2025, 2:28 PM EDTBy Rebecca Cohen, Jay Blackman and Tom CostelloAs the government shutdown drags on, federal employees who support the country’s airports, such as air traffic controllers and Transportation Security Administration workers, say they are still in the dark about when they will next be paid. On Tuesday, workers received their first zero-dollar paycheck, reflecting two weeks of unpaid work amid the ongoing government shutdown. During the nearly monthlong shutdown, these individuals, whose roles are deemed essential, have been required to show up for work without the promise of a paycheck at the end of a standard pay period. Their last payout was a partial paycheck that included funds for time worked in September before the shutdown that began Oct. 1. Also Tuesday, controllers took matters into their own hands, pushing back on the work the government is demanding of them by handing out leaflets that describe the impact of the shutdown on aviation workers and how people can contact their members of Congress to call for the shutdown to end. The actions were scheduled to take place at nearly 20 airports nationwide. “We are here to ensure that the flying public is safe every time they get on an airplane. We have to be 100% focused, 100% of the time,” Pete LeFevre, an air traffic controller out of Washington Dulles International Airport, said in an interview with NBC News. “And all we’re looking for is to be relieved of the financial uncertainty that comes with the government shutdown, and we’d like to be paid as soon as possible.”While these federal employees will eventually receive back pay when the government shutdown ends, thanks to a 2018 law, the uncertainty of when that will be has air traffic controllers taking up side gigs to stay afloat. Some of these workers are now driving for DoorDash or Uber after their grueling work schedules, prompting a few to call in sick due to the job’s stress and the extra hours off the clock. The air traffic control industry is understaffed, and current controllers had already been working six-day weeks, 10-hour shifts, before the shutdown. “They should never work a side job, that they should never get off a night shift and then go wait tables,” Nick Daniels, president of the National Air Traffic Controllers Association, said at a news conference Tuesday at LaGuardia Airport in New York. Transportation Secretary Sean Duffy said at the Tuesday news conference that he has been encouraging controllers to go to work and “do really important work for our country,” while acknowledging the unease of working without assured pay. “They can’t make it without two paychecks,” Duffy said of controllers, adding later, “controllers and those other critical employees need our government to be open and they need to be paid.”He acknowledged that there have been “less problems” in the airspace this time around compared with prior shutdowns, due to his asking controllers to go to work. LeFevre added that the lack of pay adds another layer of stress to the already high-stress position. “It’s uncomfortable,” he said. “We do our best to leave all of our stress and worry at the door, but financial stress is challenging and it’s unique and it’s different, and it’s permeating.”The air traffic controller made clear that flying is still safe, and that his colleagues are working to ensure safety in the skies — something Duffy also called out during the news conference. Duffy has previously said that if there aren’t enough controllers to handle the workload on any given day, flights will be delayed and canceled to mitigate risk. Within the U.S., 2,109 flights had been delayed as of 1 p.m., according to flight tracking website FlightAware. At least 118 flights had been canceled. It was not immediately clear whether those delays and cancellations were a direct result of controllers calling out of work due to the shutdown. But the lack of immediate pay is also having a notable impact on real people in their lives outside the office. LaShanda Palmer, a TSA worker and the president of Local 333, which represents Philadelphia and Wilmington Airport TSA employees, said this is the “most trying” shutdown she’s been through in her 23 years in the industry.”We’re all one step away from being out on the street right about now,” Palmer told NBC News. “I have officers calling me honestly. They don’t have money for gas, they don’t have money to get child care, they don’t have food. It is extremely hard this go around. It’s hard to get help.” She said she’s in a similar situation, with a mortgage payment due Saturday that she isn’t sure how she’ll pay — her bank account is in the negative, and her bank keeps hitting her with overdraft fees. “The oath that I took, nothing has came down on our watch, and I don’t think people even consider that,” Palmer said. “We’re doing what we’re supposed to do, we should get our check.”Rebecca CohenRebecca Cohen is a breaking news reporter for NBC News Digital.Jay BlackmanJay Blackman is an NBC News producer covering such areas as transportation, space, medical and consumer issues.Tom CostelloTom Costello is an NBC News correspondent based in Washington, D.C.  
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