CNN 5 Things ‘Imminent’ layoffs, UK synagogue attack, 401(k) change & more
7 snips
Oct 2, 2025 Mass layoffs loom as the government shutdown continues. In Gaza, Israel intercepts nearly all boats in a controversial flotilla. A car ramming and knife attack shakes a British synagogue during Yom Kippur. In Indonesia, rescue efforts see five students saved from a collapsed school, but hope fades for others. Additionally, there's a significant change in 401(k) contribution rules that impacts high earners over 50. Tune in for these urgent updates and more.
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Shutdown Threatens Federal Jobs
- The White House warns layoffs are imminent as the shutdown continues and OMB will review agency cuts.
- Democrats say the federal workforce has already been shrinking, softening the administration's threat.
Shutdown Disrupts Services Despite Market Strength
- The shutdown has disrupted services from tourism to FDA inspections, but markets still hit record highs.
- Economic impacts are uneven: operational harm exists despite stock-market resilience.
Flotilla Interception Includes Activist Claim
- Greta Thunberg said she had been "abducted and taken against my will by Israeli forces" while on a flotilla to Gaza.
- Organizers say Israel intercepted most boats, using water cannon and alleged ramming to stop them.
