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The Latest Breaking News from University of Michigan

Man wrongly convicted of Michigan murders in 1990 agrees to $5.25M settlement

Jeff Titus was released in 2023 after more than two decades behind bars

The Independent UK

Trump Economic Advisor Claims Record Low Consumer Sentiment Is Caused By Stress Of Seeing Too Much Positive Change Too Quickly

The White House attributes record-low consumer confidence to rapid changes under Trump's administration, despite rising petrol prices and tariffs being cited as primary causes by the University of Michigan survey.

International Business Times UK

Trump Adviser Says Record-Low Consumer Sentiment Is Basically POTUS' Fault for Caring Too Much

US consumer confidence has reached a record low, driven by high petrol prices and tariffs. Economic pressures are affecting household budgets, with many Americans feeling financially strained.

International Business Times

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S&P 500 and Nasdaq Post Record Highs on Tech Stock Strength and Iran Diplomacy

The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.80%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.95%. June E-mini S&P futures (ESM26 ) rose +0.72%, and June E-mini Nasdaq futures...

Barchart

Dollar Drops on Hopes for US-Iran Diplomacy

The dollar index (DXY00 ) on Friday fell by -0.24%. The dollar gave up an early advance and turned lower on Friday as stocks rallied on optimism that peace talks between the US and Iran are set to resume. Bloomberg reported that Iranian Foreign Minister Abbas Araghchi is expected to...

Barchart

Stocks Rise on Intel’s Earnings and Possible Resumption of Iran Peace Talks

The S&P 500 Index ($SPX ) (SPY ) today is up +0.41%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.36%. June E-mini S&P futures (ESM26 ) are up +0.38%, and June E-mini Nasdaq futures...

Barchart

Dollar Declines on Iran Peace Optimism

The dollar index (DXY00 ) today is down by -0.16%. The dollar gave up an early advance and turned lower today as stocks rallied on optimism that peace talks between the US and Iran are set to resume. Bloomberg reported that Iranian Foreign Minister Abbas Araghchi is expected to arrive...

Barchart

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Michigan utility OKs 12-month ban on supplying water for data centers

A Michigan utility has approved a ban on supplying water to data centers

The Independent UK

Lewd messages linked to University of Michigan regent who led campaign against pro-Palestinian students

Jordan Acker, who pushed legal action against protesters, is running for re-election in race reflecting tensions on Israel

The Guardian - US

Thunderstorms rip across Michigan damaging 2 ice arenas, other structures

Powerful storms ripped through parts of Michigan damaging two ice arenas and other structures, and felling branches near the University of Michigan's main campus

The Independent UK

Consumer Sentiment Is Collapsing. Is This the Sign of an Economic Meltdown or Social Stress?

The University of Michigan Consumer Sentiment Index recently plunged to a historic low, sparking fears of an imminent recession. Here's what to know.

Barchart

Trump’s economy officially passes Biden’s for worst consumer sentiment in recorded history

The University of Michigan’s index plunged to 47.6 in April—shattering the prior floor set during the 2022 inflation crisis.

Fortune

Stocks Settle Mixed Awaiting US-Iran Peace Talks

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.11%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.14%. June E-mini S&P futures (ESM26 ) fell -0.12%, and June E-mini Nasdaq futures...

Barchart

Dollar Weakens Ahead of US-Iran Peace Talks

The dollar index (DXY00 ) on Friday fell by -0.15%. Friday’s reports that showed a smaller-than-expected increase in US March consumer prices and a plunge in the University of Michigan’s US Apr consumer sentiment index to a record low weighed on the dollar. Also, hopes that this weekend’s negotiations in...

Barchart

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Barchart

Dollar Slips on Weaker-Than-Expected US Economic News

The dollar index (DXY00 ) today is down by -0.26%. Today's report showing a smaller-than-expected increase in US March consumer prices is weighing on the dollar. Also, today's stock rally has reduced liquidity demand for the dollar. In addition, hopes that this weekend's negotiations between the US and Iran will...

The Independent UK

Beijing demands investigation after Chinese researcher’s death following ‘hostile questioning’ in US

Authorities say they are investigating University of Michigan researcher’s death as ‘possible act of self-harm’

The Conversation

The nonprofit status of NCAA athletic departments is starting to raise questions

With all the talk of busted brackets, game-winning shots, point spreads and Cinderellas, it was easy to miss the eye-popping offer University of Michigan star forward Yaxel Lendeborg claimed to have received during the first weekend of March Madness.

Barchart

Stocks Settle Sharply Lower on Fears Iran War is Escalating

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -1.67%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.73%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.93%. June E-mini S&P futures (ESM26 ) fell -1.80%, and June E-mini Nasdaq futures...

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Barchart

Dollar Advances as Iran War Rages

The dollar index (DXY00 ) rose to a 1-week high on Friday and finished up by +0.27%. The dollar moved higher on Friday as the risk of a protracted Iran war boosts safe-haven demand for the dollar. Also, Friday's +5% rally in crude oil prices is pushing inflation expectations higher,...

Barchart

Stocks Falter as Iran War Pushes Energy Prices and Bond Yields Higher

The S&P 500 Index ($SPX ) (SPY ) today is down -0.79%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.81%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.12%. June E-mini S&P futures (ESM26 ) are down -0.74%, and June E-mini Nasdaq futures...

Barchart

Dollar Gains on Concerns Over a Protracted Iran War

The dollar index (DXY00 ) today rose to a 1-week high and is up by +0.05%. The dollar is slightly higher today as the risk of a protracted Iran war boosts safe-haven demand for the dollar. Also, today’s +3% rally in crude oil prices is pushing inflation expectations higher, potentially...

The Independent UK

Michigan prison art program helps inmates find voice — and hope

A University of Michigan program showcases prison art and highlights how creativity helps people survive incarceration and rebuild their lives

Barchart

Iran War Drags Stocks Lower

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.61%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.62%. March E-mini S&P futures (ESH26 ) fell -0.60%, and March E-mini Nasdaq futures...

Barchart

Dollar Rallies as Surging Oil Prices Spark Inflation Fears

The dollar index (DXY00 ) rallied to a 9.5-month high on Friday and finished up +0.65%. The dollar rallied on Friday as the war in Iran shows no signs of easing, threatening to keep crude oil prices elevated and prompting the Fed to hold off on cutting interest rates. Higher...

Barchart

Dollar Strengthens as Iran War Shows No Signs of Easing

The dollar index (DXY00 ) today is up by +0.28% and posted a new 3.5-month high. The dollar is climbing as the war in Iran shows no signs of easing, which threatens to keep crude oil prices elevated. Higher crude prices threaten the European and Japanese economies that rely on...

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