• 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!

Israeli hostage Evyatar David released by Hamas

admin - Latest News - October 13, 2025
admin
29 views 27 secs 0 Comments



Israeli hostage Evyatar David arrived at Rabin Medical Center-Beilinson Hospital in the city of Petah Tikvah to a hero’s welcome. The 24-year-old appeared in a Hamas video released in August of him in a Gaza tunnel, saying that he had not eaten for days and was digging his own grave.



Source link

TAGS:
PREVIOUS
Oct. 13, 2025, 10:32 AM EDTBy Rob WileSix months into President Donald Trump’s unprecedented gambit to impose sizable tariffs on imports, U.S. consumers are already shouldering as much as 55% of their costs, according to a new report from Goldman Sachs analysts.And with new tariffs likely on the way, the cost burden could rise even higher, they said. The findings, released Sunday, suggest U.S. consumers will continue to struggle with high prices — something Trump had promised to address in the run-up to his re-election. While inflation rates have come down from the post-Covid peak, they have remained stuck above levels economists consider healthy, causing consumers and businesses alike to continue to report feeling burdened by price increases. Over the past six months, Trump has imposed tariffs on copper, steel, aluminum, and some automobiles and auto parts. He has also levied country-specific tariff rates of as much as 28% on China and 16% on much of the rest of the world, according to the Yale Budget Lab. Partially as a result, consumer prices tracked by the Bureau of Labor Statistics have increased every month since April, when Trump made his “Liberation Day” speech announcing the new duties. As of August, the BLS’ benchmark Consumer Price Index (CPI) stood at 2.93%. September CPI data has been delayed due to the government shutdown, now in its 13th day, and is now slated to be released later this month. A separate inflation measure preferred by the Federal Reserve has likewise continued to climb, rising to 2.7% for August — above the central bank’s 2% target. In August, Trump assailed an initial Goldman Sachs estimate that said consumers could bear as much as 67% of the cost of tariffs. A White House spokesperson did not respond to a request for comment Monday. The Goldman analysts arrived at their estimate of the tariffs’ burden on consumers by comparing how much consumer prices for tariffed products have deviated from previous trends. The burden is actually less than the estimated pass-through that occurred during the trade war Trump set off during his first term in 2018. In that period, evidence suggests foreign exporters did not bear any significant share of the tariff costs at the time, meaning consumers were shouldering even more of a burden.This time, exporters are bearing some cost, along with U.S. businesses, who may actually be sparing consumers even worse price increases for the moment. American companies may be waiting to see how the U.S. Supreme Court rules on tariffs, the Goldman analysts said. Businesses also might have accumulated inventory in advance of the tariffs setting in, allowing them to hold off on raising their retail prices more significantly. The nation’s highest court is set to hear opening arguments in the tariff case Nov. 5.Still, the analysts estimate tariffs have added 0.44% to the Fed’s preferred inflation measure. That figure could rise to as much as 0.6% if Trump makes good on recent threats to impose tariffs on products such as furniture and kitchen cabinets. Those were set to take effect Tuesday. In this scenario, the tariffs’ cost burden borne by consumers could rise to 70%. The analysts’ latest estimate does not take into account Trump’s threat Friday to double the tariffs on China. On Monday, Trump administration officials sought to reassure markets that they did not seek to reignite tensions with America’s largest overseas trading partnerIf those tariffs were to take effect, the impact would be significant, the analysts said. “We are not assuming any changes to tariff rates on imports from China, but events in recent days suggest large risks,” they wrote.Rob WileRob Wile is a Pulitzer Prize-winning journalist covering breaking business stories for NBCNews.com.
NEXT
Powerful Nor’easter Slams East Coast With Floods, High Tide
Related Post
November 5, 2025
Nov. 4, 2025, 10:15 PM EST / Updated Nov. 5, 2025, 3:40 AM ESTBy Mithil Aggarwal and Steve KopackHONG KONG — International markets plunged Wednesday as stocks across the Asia-Pacific region sold off on worries about the sky-high valuations of artificial intelligence and tech companies.The Kospi stock index in South Korea plunged more than 6% at its lowest point. Japan’s Nikkei 225 average slid about 4.5%, and Hong Kong’s Hang Seng index tumbled more than 1%. Stocks in Taiwan also fell around 2.5%.European markets also opened lower. Britain’s FTSE 100 index dropped over 0.25% and futures for Germany’s benchmark stock index showed a decline of 1.2%, while the major French index showed a drop of more than 0.5%.U.S. stock futures, an indication of where markets will open, showed that losses were likely to continue Wednesday after the opening bell rings in New York. S&P 500 futures pointed to a drop of 0.5%, and Nasdaq futures indicated a decline of about 1% on Wednesday.While Asian markets pared some of their losses from earlier in the day, the indices closed lower across the board, which economists said was an indicator of how reliant tech companies, even in Asia, are on the U.S.“There are some Asian economies — Taiwan the most, followed by South Korea — that are really dependent on U.S. tech companies,” said Alicia García-Herrero, chief economist for Asia-Pacific at Natixis in Hong Kong.“It’s about the export of chips and more generally the ecosystem,” she said. “It’s very correlated.”The selloff came after a day of significant selling in the United States that brought the recent global market rally to a halt. The S&P 500 closed Tuesday down 1.1%, the Nasdaq tumbled 2%, and the Russell 2000 fell 1.8%.The largest publicly traded company in the world, Nvidia, dropped nearly 4% on Tuesday. Palantir, another AI firm whose business involves government contracts, sank nearly 8% even after it beat Wall Street’s earnings expectations. “If you look at the graph for the whole index and how much that index has been contributed by AI stocks, you just can’t believe that’s sustainable,” García-Herrero said. Last week, the Kospi hit a record high, fueled by gains in AI stocks. Taiwan’s benchmark index, TWI, has gained 20% this year, driven in part by the 40% gain seen by TSMC, which supplies chips to Nvidia and other tech companies. But on Wednesday, the months-long rally came to a grinding halt after overvaluation warnings from Wall Street, resulting in a steep selloff, with shares of global electronics giant Samsung falling 5.5% and chipmaker SK Hynix dropping more than 6%. SoftBank, a major investor in AI firms, sank more than 14%, wiping out more than $30 billion in market value.Hot stock market fuels concerns about possible Wall Street bubble02:02Late Monday, the CEOs of Goldman Sachs and Morgan Stanley warned that a possible market pullback may be on the horizon. Matters were made worse by lackluster earnings Tuesday afternoon from Advanced Micro Devices and Super Micro Computer, both of which manufacture chips used for AI services.Enthusiasm about artificial intelligence and the companies that produce AI services has been overflowing for months. Companies from Amazon to Microsoft to OpenAI have announced a steady stream of multibillion-dollar deals with one another, raising questions over the sustainability of the industry and its sources of funding.U.S. stocks are coming off a remarkable run, repeatedly setting recent record highs. For the year so far, the S&P 500 is still up more than 15%. The Nasdaq Composite, which more closely tracks the largest tech companies, has still gained more than 20% this year.Mithil Aggarwal reported from Hong Kong, and Steve Kopack reported from New York.Mithil AggarwalMithil Aggarwal is a Hong Kong-based reporter/producer for NBC News.Steve KopackSteve Kopack is a senior reporter at NBC News covering business and the economy.Jay Ganglani contributed.
September 22, 2025
Elon Musk’s Twitter promised a purge of blue check marks. Instead he singled out one account
November 18, 2025
Cloudflare issues disrupt internet service
October 30, 2025
Get to Know King Tut's World at the New Grand Egyptian Museum
Comments are closed.
Scroll To Top
  • Home
  • Travel
  • Culture
  • Lifestyle
  • Sport
  • Contact Us
  • Politics
© Copyright 2025 - Be That ! . All Rights Reserved