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The Dow Jones Industrial Average is on quite a roller coaster ride. After the Dow Jones had its largest single-day drop in its history on Thursday, the index recovered in a big way on Monday, setting a single-day record for gains. The Dow closed on Monday up 1,293 points. The previous largest one-day rise in the Dow was on Dec. 26, 2018, when the Dow jumped 1,086 points. Although the Dow had a good day on Monday, it was not enough to erase the worst week the Dow has had since the financial crisis of 2008. The Dow lost nearly 4,000 points, or 15% of its value, last week. 589
TELLER COUNTY, Colo. — Patrick Frazee, the man accused of killing his 29-year-old fiancée, Colorado mom Kelsey Berreth, was formally charged with murder Monday morning. The 4th Judicial District Attorney Dan May said he filed two counts of first-degree murder and three counts of solicitation. He said two first-degree murder charges were filed under separate theories: deliberation and felony. “Obviously, there’s only one murder in this case,” May said. “Under Colorado law, we file separate counts under different theories of first-degree murder. We filed under two theories: One is deliberation for murder. And the other is felony murder.”Frazee was arrested December 21 in connection to Berreth’s disappearance. The 29-year-old woman hasn’t been seen since November 22 and authorities have said they believe she is no longer alive.Authorities conducted searches at Frazee’s home in Teller County and Berreth’s home in Woodland Park, Colorado before arresting him on an investigation of first-degree murder charge and a solicitation of first-degree murder charge. On Thursday, a judge decided that Berreth’s parents will get temporary physical custody of Berreth and Frazee’s 1-year-old daughter. Teller County Department of Human Services will retain legal custody. As of Monday morning, Berreth’s body had not yet been found, though police in Twin Falls, Idaho said they thought they had found possible evidence in connection to the case. 1487
The Dow Jones traded below 20,000 for the first time since 2017 on Tuesday, but appeared to have stemmed some of the bleeding after Monday's 3,000 point loss.After an early peak, the Dow sunk about 200 points shortly after opening, leaving the markets trading at less than 20,000. But as Trump administration officials spoke about their plan to give 362
The number of foreign students coming to U.S. colleges and universities continued to fall last year, according to a new report, but the Trump administration says the drop should be blamed on high tuition costs and not students’ concerns over the nation’s political atmosphere.An annual report from the Institute of International Education found that the number of newly enrolled international students dipped by 1% in fall 2018 compared to the year before. It follows decreases of 7% and 3% in the previous two years, which were the first downturns in more than a decade.The downturn is a worry for universities that have come to rely on tuition from foreign students, who are typically charged higher rates. Some schools have blamed President Donald Trump’s rhetoric against immigrants for driving students away, but officials at the State Department, which pays for the annual report, dismissed the idea.Caroline Casagrande, deputy assistant secretary for academic programs at the department’s Bureau of Educational and Cultural Affairs, said students are deterred by the high cost to attend U.S. schools. She said the downturn is tied to students who were applying to college during the Obama administration, and that the numbers appear to be rebounding under Trump.“What we’ve seen today is a dramatically better picture compared to last year’s declines,” Casagrande said during a call with reporters. “The Trump administration has dedicated more resources than ever to international student mobility.”While fewer new students are coming, the study found that more are staying for professional training after they graduate. More than 220,000 were granted permission to stay for temporary work through a federal program, an increase of about 10% over fall 2017.China continued to send more students than any other country, followed by India and South Korea and Saudi Arabia. But booming years of growth from China have leveled off. The number of overall Chinese students in the country ticked up by less than 2%, and some campuses have seen major decreases in Chinese enrollment.The number of Chinese students at the University of Alabama has decreased by 43% over the past two years, to 266, according to the university’s annual enrollment report. At the University of Iowa and at Kansas State University, Chinese enrollment fell by about a third in that span.Declines from China have been attributed to several factors. Chinese students have reported difficulty getting U.S. visas amid a trade war between the two nations. Universities in Australia and Canada have worked harder to attract Chinese students. And some scholars say concerns over academic espionage have fueled anti-China sentiment on U.S. campuses.State Department officials said that they’re working to ease tensions and encourage Chinese students to study in the U.S. The department recently sent a delegation to China to promote academic exchange, and U.S. Ambassador Terry Branstad recently wrote an op-ed in a Chinese youth publication inviting students to study at U.S. schools.“The State Department has been working hard to make sure Chinese students know they’re welcome in the United States,” Casagrande said. “We want these Chinese students here.”The report also found that far fewer students are coming from Saudi Arabia, a shift that began in 2017 after the Gulf nation scaled back a scholarship program for global study. There were also dips in students coming from South Korea, Japan and Mexico.Meanwhile, the U.S. attracted growing numbers of students from Asia, Latin America and Africa. Numbers from Brazil and Bangladesh jumped 10% last year, the report found, while Nigeria ticked up 6%. Many universities have shifted their recruiting efforts to those areas in recent years as they look to offset losses from China.“More institutions are expanding their outreach in more regions,” said Mirka Martel, the head of research, evaluation and learning at the Institute of International Education, which is based in New York. “This growth demonstrates how attractive a U.S. education is for students around the world.”The academic subjects students come to study are also starting to shift. The number of students studying business, an area that has long been a draw for Chinese students, fell by 7% last year, the report found. Meanwhile, math and computer science saw a 9% increase and surpassed business as the No. 2 subject behind engineering.While the report focuses on data from 2018, it also included early findings for this year. Among more than 500 schools surveyed, the number of newly enrolled foreign students fell by 1% again, while the number of total international students fell by about 2%.___Collin Binkley can be reached on Twitter at 4748
The Association of American Universities has released results of a survey they conducted looking into the sexual assault and sexual misconduct climate on college campuses.The survey is a follow-up to the organization's campus climate survey in 2015 and campus activities survey in 2017, and on a much larger scale. According to the AAU, 181,752 students participated in the survey from 33 colleges and 32 AAU member schools. In 2015, they had 150,072 respondents.Of the students surveyed in the 2019 study, nearly 60 percent were undergraduate students while 40 percent were graduate and professional students. Of those surveyed, 53 percent were from private institutions while 47 percent were from public. The survey also states that is has "one of the largest sample sizes of self-identified transgender, non-binary, and other TGQN students ever studied."Key findings from the study include:– The overall rate of non-consensual sexual contact by physical force or inability to consent since a student enrolled was 13 percent, with rates higher for women and transgender, genderqueer and non-binary people, than men.– In the case of the 21 schools who participated in 2015 and 2019, the rate of non-consensual sexual contact by physical force or inability to consent increased to 26.4 percent for undergrad women, 10.8 percent for graduate or processional women and 6.9 percent for undergraduate men"The survey found significant levels of sexual misconduct on campus, disparities in the prevalence of sexual misconduct among different categories of students, and changes from the 2015 results in student knowledge about sexual misconduct," the survey says.According to the report, women and people who identity as TGQN see sexual assault and other misconduct at the school as more problematic than men do.In addition, 77 percent of undergraduate women say that it is at least "somewhat" problematic at their school, while 72 percent of graduate women say the same. For those who identity as TGQN, 75 percent of undergrads and 56 percent of graduate students say it's "somewhat" problematic, while 45 percent of undergraduate men and 43 percent of graduate men say it's "somewhat" problematic. You can read the entire report 2247