• Police seek suspects in deadly birthday party shooting
  • Lawmakers launch inquires into U.S. boat strike
  • Nov. 29, 2025, 10:07 PM EST / Updated Nov. 30, 2025,…
  • Mark Kelly says troops ‘can tell’ what orders…

Be that!

contact@bethat.ne.com

 

Be That ! Menu   ≡ ╳
  • Home
  • Travel
  • Culture
  • Lifestyle
  • Sport
  • Contact Us
  • Politics Politics
☰

Be that!

Two men arrested in connection with Harvard explosion

admin - Latest News - November 4, 2025
admin
16 views 34 secs 0 Comments



Police have arrested two men in connection with an explosion at a Harvard medical school building. Logan David Patterson, 18, and Dominick Frank Cardoza, 20, were charged with conspiracy to damage a building receiving federal financial assistance. The two men allegedly used Roman candle fireworks before setting off the “intentional” explosion on the floor that houses offices and labs associated with the school’s Department of Neurobiology.  



Source link

TAGS:
PREVIOUS
Parts of U.S. airspace could close due to shutdown
NEXT
Nov. 4, 2025, 2:48 PM ESTBy Steve KopackThe global stock rally hit a wall Tuesday, dragged lower by artificial intelligence and tech companies.The S&P 500 was down more than 1% and the Nasdaq declined 1.7% by the middle of Tuesday afternoon. With less than two hours left in the trading day, the Russell 2000, which tracks smaller companies, had tumbled 1.4%. Gold, a traditional safe haven for investors when markets are volatile or uncertain, had also dipped about 1.5%.Within the S&P 500, technology was the worst performing sector.The largest publicly-traded company in the world, Nvidia, dropped about 3.2%. With a market value of more than $4.85 trillion, Nvidia’s slide wiped more than $160 billion from the company’s market value.Crypto also faced steep losses, with bitcoin plunging below $100,000 for the first time since June. The digital currency was down more than 7% as investors fled riskier assets like digital currencies.International markets traced a similar path as benchmark indexes in Germany and France both fell nearly 1% on Tuesday. Asia Pacific markets also slid, with Australia and Hong Kong stock indexes falling around 1% during Tuesday trading. Stocks in Japan fell nearly 1.8%.Earnings from defense darling Palantir appear to have helped trigger jitters among traders. The company’s shares, which have soared by more than 160% this year, tumbled by more than 8% despite beating Wall Street’s earnings and revenue expectations.Michael Burry, known as “The Big Short” and who rose to fame over a bet against America’s housing market in 2008, also disclosed large bets against Nvidia and Palantir on Monday night.Comments made overnight by the CEOs of two major investment banks also drew the attention of traders.Goldman Sachs’ David Solomon and Morgan Stanley’s Ted Pick warned that stocks could be poised for a pullback. “We should welcome the possibility that there would be drawdowns, 10% to 15%, that are not driven by some sort of macro cliff effect,” Pick said at Hong Kong’s Global Financial Leaders Summit.Goldman Sachs CEO David Solomon speaks Tuesday at the Global Financial Leaders’ Investment Summit in Hong KongLam Yik / Bloomberg via Getty ImagesSolomon, speaking at the same conference, said “there are things that will change sentiment and will create drawdowns, or change the perspective on the growth trajectory, and none of us are smart enough to see them until they actually occur.”But fears over stratospheric AI valuations have been the talk of Wall Street for most of the year. As those stocks continue to soar in value, they represent ever more of the value and momentum of key indexes like the S&P 500. “AI related stocks have accounted for 75% of S&P 500 returns, 80% of earnings growth and 90% of capital spending growth since ChatGPT launched in November 2022,” a recent analysis from JPMorgan Asset Management found.“​​The Magnificent 7 comprise over 30% of the S&P 500 — a level of concentration exceeding even that of the dot-com bubble,” Erwan Jacob, macro analyst with LSEG wrote in a note Tuesday. The “magnificent 7” companies are Apple, Amazon, Alphabet, Microsoft, Nvidia, Meta Platforms and Tesla.“It remains unclear whether such expenditures will be met with corresponding revenues,” Jacob noted.Still, this year the S&P 500 is up more than 16% overall, while the Nasdaq Composite, which more closely tracks the biggest tech firms, remains in the green by 24%.Yet experts say that a pullback is not always cause for concern.“On average, the [S&P 500] experiences three drawdowns of between 5% and 10% each year,” Jeff Buchbinder, chief market strategist at LPL Financial, wrote during a short sell off in August 2024. “Corrections of 10–20% are also quite common, having occurred once per year on average.”Meanwhile, the dollar index, a measure of the strength of the U.S. dollar against a basket of foreign currencies such as the yen, pound sterling, and euro, was slightly higher, rising to its best level in about three months.Steve KopackSteve Kopack is a senior reporter at NBC News covering business and the economy.
Related Post
October 13, 2025
Israeli hostages freed after two years in captivity and some shutdown layoffs reversed: Morning Rundown
October 7, 2025
Oct. 7, 2025, 2:00 PM EDTBy Berkeley Lovelace Jr.If you’re among the roughly 165 million Americans who get your health coverage through work, not the government, you might be wondering: Is my plan next, now that health insurance premiums for Affordable Care Act plans are set to rise next year?Experts say there’s no single, across-the-board increase, but increases are likely for many people on employer-sponsored plans. And even if your monthly premium stays the same, you could still end up paying more through higher deductibles or copays.“Last year, health insurance premiums went up. This year, they went up. And next year, they’ll go up,” said Dr. Kevin Schulman, a professor of medicine at the Stanford University School of Medicine who researches employer-based health insurance.Have you gotten a notice about health insurance premium hikes for next year? Whether you receive benefits from the Affordable Care Act or private insurance from your employer, we’d like to hear from you. Please contact us at tips@nbcuni.com or reach out to us here.So, how much could your plan go up? Unlike ACA plans, in which insurers publicly file proposed rate increases with states and federal regulators, employers often negotiate plans with insurers privately, said Gary Claxton, director of the Program on the Health Care Marketplace at KFF, a health policy research group. That means your premium increase might not be apparent until open enrollment.Even so, recent employer surveys shed some light on what companies expect to pay next year — though they may not pass the entire increase onto the employee.A September report from the benefits consulting firm Mercer found employers say health care plan costs could rise by nearly 9% on average in 2026 if they don’t take action to control costs. The survey was based on more than 1,700 U.S. employers. Another report from the consulting firm Aon projects employer health care costs will climb 9.5% next year, based on data from more than 1,000 U.S. companies. HR consulting firm Segal estimates a roughly 9% increase for health plans and 11% for prescription drugs. Claxton said some employers will decide to pass some of the additional costs onto employees through premiums. The Mercer report, for example, said the average cost of coverage per employee is expected to be 6% to 7% — the biggest increase in more than a decade — a jump that will likely show up in workers’ premiums.“If we’re seeing a big increase of 6.5%, it’s likely that the employee contribution, the employee share of the premium, is going to go up by the same amount,” said Beth Umland, director of research for health and benefits at Mercer. Other companies, however, may keep premiums steady, but raise deductibles or copays, Claxton said.Others, in a competitive labor market, might absorb the entire cost increase themselves. “Sometimes it’s better to eat that cost as opposed to upsetting your employees, particularly if it’ll mean that some of them will leave,” Claxton said. “It’s often more expensive to recruit new workers.”It also depends on how big the company is and whether its employees are healthy enough for it to take on the financial risk.“If you have a really young workforce, your premiums are going to be lower,” Claxton said. “If you have an older workforce, they’re going to be higher. If you’re an employer with only a few hundred employees, if you get a couple really sick people, you can see a big increase from year to year, particularly if that sickness is going to persist.”Schulman said some companies may try to control costs instead by limiting which doctors and hospitals employees can use, also called “narrow network.”Still, he said, the premium increases have been a growing trend: Health insurance costs as a percentage of median family household income have increased from 13% to 25% from 2000 to 2021.“These are enormous increases in health insurance premiums, Schulman said. Why is insurance getting more expensive?In the reports from Mercer and Aon, employers cited many of the same cost pressures that are driving up ACA premiums, including rising hospital costs and pricey prescription drugs, like GLP-1s, and a growing number of people seeking care — thanks in part to convenient options like telehealth that are making it easier for people to get help. JoAnn Volk, a research professor and co-director of Georgetown University’s Center on Health Insurance Reforms, said the increases are largely due to rising health care costs. Georgetown’s McCourt School of Public Policy sent a memo last month to Democratic senators who requested information about the proposed rate increases under ACA plans. Volk said many forces cited hitting ACA plans — including higher prices, more use of services and inflation — are hitting employer plans, too. What’s more, people are spending more. Health care spending jumped about 8.2% in 2024 and is projected to grow another 7.1% this year, outpacing spending across the broader economy, according to a June study published in Health Affairs. Health spending may slow slightly in 2026 as fewer people are expected to have health insurance, but costs will likely keep rising faster than the overall economy.Some employers could raise premiums next year, while others may have already locked in rates and won’t adjust them, Volk said.In the coming year, they may also factor in new employees who previously had coverage through the ACA marketplace or another individual plan.“Some employers start on a fiscal year, which might be summer of next year, and they would be more likely to say, ‘We have some sense now of who’s coming back into the employer plan, then the prices may adjust to reflect that,” she said. Berkeley Lovelace Jr.Berkeley Lovelace Jr. is a health and medical reporter for NBC News. He covers the Food and Drug Administration, with a special focus on Covid vaccines, prescription drug pricing and health care. He previously covered the biotech and pharmaceutical industry with CNBC.
November 19, 2025
Larry Summers faces fallout over Epstein emails
October 3, 2025
Thune says talks with Schumer are ‘not going to accomplish a lot’
Comments are closed.
Scroll To Top
  • Home
  • Travel
  • Culture
  • Lifestyle
  • Sport
  • Contact Us
  • Politics
© Copyright 2025 - Be That ! . All Rights Reserved