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The Latest Breaking News from University of Michigan

Dollar Turns Lower as US Consumer Sentiment Falls

The dollar index (DXY00 ) today is down by -0.32%. The dollar gave up an early advance today and turned lower after the University of Michigan March US consumer sentiment index was revised downward to a 2-1/3 year low. Also, today's US economic news showed that Feb personal spending rose...

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Former NFL and college assistant coach pleads not guilty to hacking for women's images

A judge has entered a not-guilty plea for a former Baltimore Ravens and University of Michigan assistant football coach

The Independent UK

Former Michigan college football coach charged with hacking accounts for athletes’ intimate photos

An indictment filed Thursday says that a former NFL and University of Michigan assistant football coach hacked into the computer accounts of thousands of college athletes to access intimate photos and videos

The Independent UK

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To cut or not to cut? US Fed faces stubborn inflation and weak growth

Faced with persistent inflation and a slowing economy, the Federal Reserve finds itself in a tight spot ahead of its interest rate decision this week.

Euronews

'Stagflation' risk puts Federal Reserve in tricky spot as it meets this week

The Federal Reserve and its chair, Jerome Powell, are potentially headed to a tough spot as it prepares to meet Tuesday and Wednesday

The Independent UK

Stocks Rebound as US Government Shutdown Seems Averted

The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +2.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.65%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.49%. March E-mini S&P futures (ESH25 ) rose +1.85%, and March E-mini Nasdaq futures...

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Stocks Recover Some of This Week’s Losses as US Shutdown Seems Averted

The S&P 500 Index ($SPX ) (SPY ) today is up +1.27%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.87%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.54%. March E-mini S&P futures (ESH25 ) are up +1.33%, and March E-mini Nasdaq futures...

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Dollar Slips as Stocks and the Euro Rally

The dollar index (DXY00 ) today is down by -0.09%. The dollar today is moderately lower on reduced safe-haven demand as stocks rallied sharply on improved prospects for passage of a US spending bill that will avert a government shutdown. Also, the euro's strength weighed on the dollar after a...

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Former college soccer player beat star athlete younger brother and a cat to death with golf club, cops say

Former soccer player Joseph Hertgen, 26, was found dead on Saturday

The Independent UK

Stocks Decline on Weakness in Tech Stocks

The S&P 500 Index ($SPX ) (SPY ) on Monday fell -0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) rose +0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) fell -0.92%. March E-mini S&P futures (ESH25 ) fell -0.41%, and March E-mini Nasdaq futures (NQH25 ) fell...

Barchart

Stocks Stabilize Ahead of Busy Week

The S&P 500 Index ($SPX ) (SPY ) is up +0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.06%. March E-mini S&P futures (ESH25 ) are up +0.24%, and March E-mini Nasdaq futures (NQH25...

Barchart

Dollar Gains on Euro and Stock Weakness

The dollar index (DXY00 ) Friday rose by +0.21%. The dollar rose moderately on Friday due to weakness in the euro. EUR/USD is under pressure ahead of German elections this weekend. The dollar also found support on Friday’s sell-off in stocks, which boosted liquidity demand for the dollar. The dollar...

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Dollar Supported by Euro and Yen Weakness

The dollar index (DXY00 ) today is up by +0.22%. The dollar today is moderately higher due to weakness in the euro and yen. EUR/USD is under pressure today ahead of German elections this weekend. The yen is sliding today based on comments from BOJ Governor Ueda, who said the...

Barchart

Judge tosses opera singer's lawsuit against the University of Michigan over firing

A judge has dismissed a lawsuit by an acclaimed opera singer who sued the University of Michigan over his firing for what the school deemed sexual misconduct

The Independent UK

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Barchart

Stocks Retreat on Higher Bond Yields and Tariff Angst

The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.95%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.99%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.30%. March E-mini S&P futures (ESH25 ) fell by -0.90%, and March E-mini Nasdaq futures...

Barchart

Stocks Turn Lower as Bond Yield Climb on Inflation Jitters

The S&P 500 Index ($SPX ) (SPY ) today is down -0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.75%. March E-mini S&P futures (ESH25 ) are down by -0.57%, and March E-mini Nasdaq...

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Dollar Gains on Reduced Fed Rate Cut Expectations

The dollar index (DXY00 ) today is up by +0.05%. The dollar is climbing with T-note yields today after the hawkish US Jan payroll report reduced the chances to 8% from 16% for a Fed rate cut at next month’s FOMC meeting. Despite Jan nonfarm payrolls climbing less than expected,...

The Independent UK

The University of Michigan has suspended a pro-Palestinian group for 2 years

A pro-Palestinian group at the University of Michigan has been suspended for two years and will lose its funding in connection with protesters’ demands for divestiture from companies doing business with Israel

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Kiplinger

Stock Market Today: Stocks Slip as Inflation Worries Rise

Concerns over price pressures are growing ahead of next week's Fed meeting.

The Independent UK

University of Michigan basketball fans return to high school lot to find vehicles broken into

More than two dozen vehicles in a high school parking lot had their windows smashed and were broken into during a men’s college basketball game at nearby University of Michigan

Barchart

Stocks Sink as US Jobs Strength Reduces Fed Easing Chances

The S&P 500 Index ($SPX ) (SPY ) Friday closed down -1.54%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.63%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.57%. March E-mini S&P futures (ESH25 ) are down -1.57%, and March E-mini Nasdaq futures...

Barchart

Dollar Rallies to a 2-Year High on Reduced Fed Rate Cut Expectations

The dollar index (DXY00 ) Friday rose by +0.44% and posted a 2-year high. Friday’s stronger-than-expected US Dec payroll report pushed bond yields higher and boosted the dollar as unexpected signs of strength in the labor market reduced the chances of Fed rate cuts. The dollar added to its gains...

Barchart

Stocks Sharply Lower as a Strong US Jobs Report Signals Fed Pause

The S&P 500 Index ($SPX ) (SPY ) today is down -1.58%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.52%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.82%. March E-mini S&P futures (ESH25 ) are down -1.64%, and March E-mini Nasdaq futures...

Barchart

Dollar Rallies as Bond Yields Spike on US Labor Market Strength

The dollar index (DXY00 ) today is up by +0.41% and posted a 2-year high. Today’s stronger-than-expected US Dec payroll report pushed bond yields higher and boosted the dollar as unexpected signs of strength in the labor market reduced the chances of Fed rate cuts. The dollar added to its...

The Conversation

Detroit’s reparations task force now has until 2025 to make its report, but going slow with this challenging work may not be a bad thing

The work of crafting reparations at the municipal level is fierce.

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