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USPS says it will resume accepting inbound packages from China, Hong Kong

The U.S. Postal Service said Wednesday it will resume accepting inbound mail and packages from China and Hong Kong, just hours after it suspended service from those regions. “The USPS and Customs and Border Protection are working closely together to implement an efficient collection mechanism for the new China tariffs to ensure the least disruption to package delivery,” the agency …

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Bank of England to resume rate cuts amid murky outlook

The Bank of England is widely expected to cut interest rates on Thursday, amid a complex backdrop of a tepid domestic growth outlook, an upcoming hike in taxes paid by businesses and U.S. President Donald Trump’s market-rattling tariff threats. As of Wednesday morning, Money markets were pricing in a 98% probability of a quarter-point rate cut at the February meeting, …

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