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The Latest Breaking News from University of Michigan

Scientists may finally know why this infamous supernova wears a 'string of pearls'

SN 1987A is ringed by a strange string of hydrogen pearls that have puzzled astronomers for a long time, but researchers may finally have an explanation.

Space

Dollar Sees Modest Gain on Higher T-note Yields and Weak Stocks

The dollar index (DXY00 ) on Friday rose by +0.07% and posted a 1-week high. Strength in T-note yields Friday supported the dollar on Friday’s hawkish US Feb import price index ex-petroleum and Feb manufacturing production reports, causing market participants to slightly dial back expectations for a Fed rate cut...

Barchart

Dollar Slightly Higher on Weak Stocks and Strength in T-note Yields

The dollar index (DXY00 ) this morning is up by +0.03% and posted a 1-week high. Strength in T-note yields today is supporting the dollar on today’s hawkish US Feb import price index ex-petroleum and Feb manufacturing production reports, causing market participants to slightly dial back expectations for a Fed...

Barchart

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S&P 500 and Nasdaq 100 Roar to Record Highs on Tech Strength

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.80%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.44%. Stock indexes on Friday rallied, with the S&P 500 and Nasdaq 100 posting new...

Barchart

Dollar Edges Lower and Gold Soars on Weak U.S. Economic News

The dollar index (DXY00 ) on Friday fell by -0.25%. The dollar retreated from a 1-1/2 week high Friday and posted moderate losses on weaker-than-expected U.S. economic news on Feb ISM manufacturing, Jan construction spending, and the University of Michigan U.S. Feb consumer sentiment. A decline in T-note yields Friday...

Barchart

Dollar Slips and Gold Rises on Weaker-Than-Expected U.S. Economic News

The dollar index (DXY00 ) this morning is down by -0.10%. The dollar fell from a 1-1/2 week high today and turned lower on weaker-than-expected U.S. economic news on Feb ISM manufacturing, Jan construction spending, and the University of Michigan U.S. Feb consumer sentiment. A decline in T-note yields today...

Barchart

Nearly 15% of Americans don’t believe climate change is real, study finds

Denialism highest in central and southern US, with Republican voters less likely to believe in climate science

The Guardian - US

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Jim Harbaugh returns to NFL, signs with Los Angeles Chargers

Jim Harbaugh, former coach of the University of Michigan, returns to the NFL as the head coach of the Los Angeles Chargers. A homecoming for Harbaugh, he h...

Top News

Michigan's Jim Harbaugh hired as head coach of Los Angeles Chargers

In this informative article, we explore the recent shakeup in football with Jim Harbaugh leaving the University of Michigan to become the head coach of the...

Top News

US economic growth ends 2023 with surprising strength

Growth slowed far less than expected in last three months of 2023 and gross domestic product grew at annualized rate of 3.3%

The Guardian - US

S&P 500 hits new record high amid signs of easing US economic gloom

Index climbs to all-time high of 4,838, clearing record set two years ago, as US consumer confidence rises while inflation concerns ease

The Guardian - US

Jim Harbaugh Interviews with Los Angeles Chargers for Coaching Role

Jim Harbaugh, former University of Michigan head coach, has interviewed with the Los Angeles Chargers for the head coaching position, adding to the list of...

Top News

Nonprofit NIL Organizations Thrive in College Football Championship Support

Discover how nonprofit Name, Image, Likeness organizations like Hail! Impact and Montlake Futures are making an impact in college sports and philanthropy.

Top News

Jim Harbaugh called J.J. McCarthy the ‘greatest’ Michigan quarterback, which is obviously absurd

Ever heard of Tom Brady? How about Brian Griese? Chad Henne?

USA Today Sports Media Group

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Fortune

The University of Michigan wrote Sam Altman’s venture capital firm a $75M check earlier this year for a new fund

The university’s $17.9 billion endowment has also invested directly in OpenAI and in OpenAI’s corporate venture fund, documents show.

Fortune

Sam Altman quietly got $75M from the University of Michigan for a new venture capital fund earlier this year

Fortune discovered the investment into Hydrazine’s fourth fund via a Freedom of Information Act request.

Kiplinger

Consumers Feel Glum About the Economy: The Kiplinger Letter

Surveys show that consumers feel glum and wary about what comes next, despite their uptick in spending.

Barchart

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.

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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.

Sports Illustrated

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.

The Independent UK

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

Sports Illustrated

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.

Chicago Sun-Times

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.

Barchart

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...

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