Former University of Michigan quarterbacks coach and co-offensive coordinator Matt Weiss is facing 24 cybercrime charges, the U.S. Attorney’s Office said. The charges come more than two years after Weiss was fired in January 2023 amid an investigation by university police into possible computer-access crimes at a football building. Weiss, 42, is charged with 14…
Government shutdown averted: Senate advances funding bill Democrats helped the Senate advance the GOP spending bill with a vote of 62-38. U.S. stocks ended the day higher, with the blue-chip Dow clawing back 675 points, on optimism the government will stay open. Senate Minority Leader Chuck Schumer, D-N.Y., said he wouldn’t block a Republican government funding bill,…
Stocks slumped on Friday, with the S&P 500 wiping out almost all of its gains since President Trump took office last month, after a widely watched measure of how consumers feel about the economy showed mounting fears over stubborn inflation. The S&P 500 fell 1.7 percent, adding to a modest dip on Thursday and notching…
Consumer inflation expectations jumped amid Trump tariff threats, the University of Michigan consumer sentiment index showed on Friday. That followed a January jobs report which was, on balance, on the hawkish side for Fed policy as the unemployment rate fell to 4% for the first time since May. Source link
STORY: U.S. stocks closed lower on Friday as investors digested a mixed bag of economic data and earnings reports as well as the first week of President Donald Trump’s second term. The Dow and S&P 500 both shed roughly three-tenths of a percent and the Nasdaq lost half a percent. Existing home sales for December…
As part of a 10-year plan to transform China into a global education superpower, Beijing has encouraged joint projects involving overseas universities with highly ranked science and technology programmes to help boost the country’s self-reliance in cutting-edge fields. The government called on local authorities to “enhance high-quality international collaborations in academia, industry and research” while…
According to a nutrition-themed study, every soft drink you consume shaves 12 minutes off your life, while each hot dog reduces your life expectancy by 36 minutes. Other processed foods that can cost you valuable time include pizza and mac and cheese, while the toll for a piece of bacon is six minutes. On the…
Cancer may seem like an old person’s disease, but studies have shown that certain types have become increasingly prevalent in Americans younger than 50. Recent research found that Gen X and millennial Americans are at higher risk of developing 17 cancers compared to older generations. Rates of colon cancer diagnoses, for example, have increased by 15% in adults…
The presidential race between Donald Trump and Kamala Harris comes as geopolitical tensions escalate on multiple fronts. In the 14th report of an in-depth series, Ling Xin looks at the stakes for Chinese-born scientists after government investigations targeted researchers. Experimental economist Yan Chen is not so much hoping for a Harris win as hoping for…