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The Latest Breaking News from University of Michigan

Stock Index Futures Mixed as Bond Yields Climb Ahead of U.S. PMI Data

December S&P 500 futures (ESZ23) are up +0.03%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.11% this morning as U.S. Treasury yields climbed after trading resumed following a holiday, while market participants geared up for U.S. business activity data.

Barchart

S&P Futures Tick Higher Ahead of U.S. PMI Data

December S&P 500 futures (ESZ23) are trending up +0.10% this morning as market participants geared up for U.S. business activity data.

Barchart

Report: Michigan President Sends Big Ten Commissioner Strong Message About Potential Punishment

As the sign-stealing investigation continues to evolve, the Michigan president asked the Big Ten conference to wait until all facts are on the table before deciding punishment.

Sports Illustrated

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General Motors, the lone holdout among Detroit Three, faces rising pressure and risks from strike

Pressure in rising on General Motors as the lone holdout in a strike targeting all three big Detroit automakers after a tentative contract agreement with Jeep maker Stellantis was reached with the United Auto Workers union over the weekend

The Independent UK

UAW escalates strike against lone holdout GM after landing tentative pacts with Stellantis and Ford

The United Auto Workers union has widened its strike against General Motors, the lone holdout among the three Detroit automakers, after reaching a tentative contract agreement with Jeep maker Stellantis

The Independent UK

Michigan ‘Sign-Stealing’ Probe Casts Doubt Over Recent Success

The allegations against Jim Harbaugh’s Wolverines bring into question the team’s recent success and show a potential blatant disregard for the rules.

Sports Illustrated

Guns are leading cause of death for kids. We have tools to help end this crisis.

Parents, schools and communities have a role to play in reducing gun-related deaths among young people, three researchers write. A first step: keep guns out of the hands of kids.

Chicago Sun-Times

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Dollar Gains on Safe-Haven Demand from Middle East Turmoil

The dollar index (DXY00 ) on Friday rose by +0.04%. An increase in safe-haven demand Friday boosted the dollar today on concerns the conflict between Israel and Hamas could widen after Iran’s foreign minister said Hezbollah militants could open a new front in the Israeli war if the blockade of...

Barchart

Experts: SCOTUS biased toward Christians

Right-wing plot to limit the freedoms of groups of Americans of whom they disapprove comes to fruition

Salon

Every EA NCAA Football cover star since 1993 (including College Football 25!)

The future of EA's college football series may be uncertain, but for now, here’s a walk through 20 years of NCAA Football cover stars.

USA Today Sports Media Group

Stocks Tumble on Higher Bond Yields and Tech Stock Weakness

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.93%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.50%. Stock indexes this morning are moderately lower, with the...

Barchart

Stocks Set to Open Higher as Investors Await Key U.S. Inflation Data and Jobs Report

September S&P 500 futures (ESU23) are up +0.18%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.26% this morning as market participants looked ahead to the release of the Fed’s favorite inflation gauge while also awaiting Friday’s nonfarm payrolls report.

Barchart

Dollar Strengthens with T-Note Yields

The dollar index (DXY00 ) on Friday rose by +0.08% and posted a new 2-1/2 month high. The dollar found support Friday from higher bond yields after the University of Michigan U.S. Aug inflation expectations unexpectedly rose, which is hawkish for Fed policy. Gains in the dollar were limited on...

Barchart

Stocks Weighed Down by Stronger U.S. PPI and Higher Bond Yields

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.67%. Stocks on Friday settled mixed, with the S&P 500...

Barchart

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USA Today Sports Media Group

Nick Saban, Lane Kiffin and more rip conference realignment

Nick Saban, Lane Kiffin, and Eli Drinkwitz don't like what conference realignment is doing for the student athlete and traditions

USA Today Sports Media Group

Bidder pays more than $150,000 to play golf with Tom Brady and Jim Harbaugh

University of Michigan alum has won an opportunity of a lifetime.

Chicago Sun-Times

University of Michigan president condemns antisemitic vandalism at two off-campus fraternity houses

Windows were broken and homophobic and anti-semitic messages spray-painted onto two houses, including a swastika at one of the locations. Police are investigating.

Reason

Michigan Court of Appeals Upholds Ban on Guns at University of Michigan

From Wade v. Univ. of Michigan, decided yesterday by the Michigan Court of Appeals (Judges Mark Cavanagh and Deborah Servitto); the ban covered all university property, which I take it includes dorms and open spaces: In Bruen, the Court stated that it was "settled" that arms carrying could be prohibited…

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Tribune News Service

Bomb vs. Bombshell: 'Barbie,' 'Oppenheimer' ready for box office battle

DETROIT — The movie event of the year is two movies, actually: One about the world of one of our most cherished childhood dolls and the other about the development of the atomic bomb.

Barchart

Stocks Set to Open Lower as Investors Brace for Earnings Season, Chinese GDP Data Disappoints

September S&P 500 futures (ESU23) are down -0.14%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.03% this morning as market participants digested the latest economic data from China while looking ahead to a busy week of corporate earnings.

Barchart

Stocks Set to Open Mixed as Investors Brace for Earnings Season, Chinese GDP Data Disappoints

September S&P 500 futures (ESU23) are down -0.04%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.09% this morning as market participants digested the latest economic data from China while looking ahead to a busy week of corporate earnings.

Barchart

Stocks Post Moderate Gains on Positive Q2 Bank Earnings

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.45%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.91%. Stocks today extended this week’s rally, with the S&P...

The Conversation

What's on the agenda as Biden heads to NATO summit: 5 essential reads as Western alliance talks expansion, Ukraine

Leaders of the nations comprising NATO will meet for a two-day summit beginning on July 11, 2023.

USA Today Sports Media Group

Ranking the top-32 hockey prospects ahead of the 2023 NHL Draft

Who are the top prospects heading into the 2023 NHL Draft?

Barchart

Stocks Set to Open Lower as Investors Await Powell Testimony, China’s Rate Cut Disappoints

September S&P 500 futures (ESU23) are down -0.48%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.53% this morning as concerns over the Chinese economy weighed on risk appetite, while investors looked ahead to testimony from Federal Reserve Chair Jerome Powell for more cues on the U.S. central bank’s…

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