Articles by Michigan
Kurt Busch Suspended By Nascar For Bob Pockrass Outburst, 5 Other Famous Busch Outbursts [VIDEO]
June 05 2012 10:40 AM EDT
Nascar has suspended Kurt Busch for his most recent outburst towards a field reporter after a June 2 Nationwide Series race at Pocono. The controversial 2004 Sprint Cup champion had already been on probation before he went on to verbally attack a field reporter because of questions asked regarding a race incident between Busch and fellow driver Justin Allgaier.
Dallas Cowboys News: Should Jerry Jones Step Aside as General Manager?
June 01 2012 11:48 AM EDT
Jerry Jones has been the owner and General Manager of the Dallas Cowboys for 22 years. But 16 years after his last Super Bowl trip it may be time for him to step aside as GM.
Ford Readies First Set Of Landmark Pension Buyouts
May 30 2012 7:35 PM EDT
Ford Motor Co will pursue its boldest attempt yet to tackle a nearly $50 billion risk to its business when it begins offering lump-sum pension payout offers to 98,000 white-collar retirees and former employees this summer.
Tim Pawlenty: What Are His Odds Of Being Mitt Romney's VP Pick?
May 29 2012 5:16 PM EDT
What are former Minnesota Governor Tim Pawlenty's odds of being chosen as Mitt Romney's running mate?
Harvard Apologizes For Updates On The Life Of The Unabomber, Ted Kaczynski's In Its Red Book
May 25 2012 3:42 PM EDT
The Harvard Alumni Association apologized for an entry in the 50th anniversary report for the class of 1962 in which Ted Kaczynski, the man known as the Unabomber who is serving multiple life sentences, updated his awards and current job title.
Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD
May 25 2012 2:50 PM EDT
The dollar is headed into the long weekend near the top of its recent ranges against the majority of its peers. Risk aversion has continued to support the USD in its role as safe-haven asset with the ongoing fears that the Eurozone remains on shaky ground. Meanwhile, the outlook for the US economy continues to improve with consumer confidence far surpassing expectations. U. of Michigan confidence came in at 79.3 versus the 77.8 reading that was expected. The push higher marks the best re...
Mitt the Bully, Barack the Stoner? Candidates Have Very Different High School Stories
May 25 2012 2:25 PM EDT
It's safe to say the two 2012 contenders wouldn't have sat at the same lunch table.
US Consumer Sentiment Rises To Highest Level In More Than 4 Years
May 25 2012 12:39 PM EDT
Consumer sentiment rose to its highest level in more than four years in May as Americans stayed optimistic about the job market, while higher income households expected to see bigger wage increases, a survey released on Friday showed.
Macro Headlines Dominate Price Action
May 25 2012 11:01 AM EDT
With a fairly light data day heading into the weekend, the focus of markets thus far has been macroeconomic commentary
Pre-Opening Soy Complex Market Report
May 25 2012 9:31 AM EDT
July soybeans were trading 2 1/2 cents higher near 7:30 cst. China futures were unchanged overnight and Palm oil futures in Malaysia closed 2% higher. Hong Kong shares finished marginally higher last night but that market still saw losses for the week. Mainland China stocks were down for the 3rd straight session, despite some strength in Chinese railway stocks.
Morning Silver Market Report
May 25 2012 9:18 AM EDT
The silver market was showing marginal gains early this morning but US stocks were showing signs of giving up their initial gains and the news flow from Europe wasn't particularly beneficial to the bull camp in silver. Silver did see some favorable Chinese demand news overnight, but with Chinese shares generally trading lower overnight and therefore the fear of a return to recession in China, probably countervails talk of a recovery in Chinese silver demand ahead.
Morning Gold Market Report
May 25 2012 9:17 AM EDT
At least in the early going today, it would seem like anxiety toward the Greek situation remains in place, but it has been moderated by somewhat up beat French and German Consumer confidence readings. It is also possible that many markets are becoming hopeful of an orderly Greek exit, as equities clawed out initial gains and gold was tracking higher this morning despite news of a poll that showed the extreme leftist party might have gained ground into the coming Greek elections.
Crude Oil, Gold May Rise as Risk-Linked Assets Correct Higher
May 25 2012 7:53 AM EDT
European shares are on the upswing and S&P 500 stock index futures are pointing higher, hinting risky assets are likely to remain supported as Wall Street comes online. This makes for a supportive environment for growth-geared crude oil and copper prices, where correlations with stock benchmarks remain significant. Meanwhile, gold and silver have scope to rebound as a pick-up in sentiment drains haven demand for the US Dollar.
US Stock Futures Point To Higher Opening Friday
May 25 2012 5:29 AM EDT
Futures on major U.S. indices point to a higher opening Friday ahead of the Reuters/University of Michigan Consumer Sentiment Index and Inflation Expectation survey.
Kate Upton Is Back With Sexy Beach Bunny Swimwear Video
May 24 2012 3:59 PM EDT
Kate Upton, a Sports Illustrated swimsuit edition cover girl and one of the most promising young models in America, is back with a Beach Bunny swimwear video after surviving a controversy over a sexy YouTube clip was taken down by the site.
Unabomber Ted Kaczynski Updates Harvard Alumni Report: 'Awards: Eight Life Sentences'
May 24 2012 2:37 PM EDT
Ted Kaczynski, Harvard class of 1962, can't make the 50th reunion -- he's in federal prison for life, as the Unabomber. But he still managed to submit an entry for the alumni report.
Summer Heat-Related Deaths In US Expected To Triple By 2100 As Temperatures Soar: Report
May 24 2012 2:22 PM EDT
Higher temperatures, exacerbated by climate change, is expected to lead to the death of 150,000 Americans by the end of the century.
JPMorgan Losses Give Boost To US Sen. Sanders' Bank Bill
May 23 2012 12:04 PM EDT
The recent multibillion-dollar trading loss suffered by JPMorgan Chase & Co. (NYSE: JPM), the country's largest bank by assets, has strengthened the case against letting bank executives serve as directors of Federal Reserve regional banks and thus regulating themselves, policy makers say.
WATCH: Super PAC to Air Anti-Obama 'Basketball' Ad in Swing States [VIDEO]
May 22 2012 1:43 PM EDT
The Karl Rove-backed Super PAC Crossroads GPS is releasing a basketball-themed anti-Obama attack ad to begin airing in swing states on Wednesday.
The Grain Report - HOT
May 22 2012 12:34 PM EDT
Note,the new grain trading hours are 5PM central to 2 central, with no downtime in between. As expected, traders priced in the weather's impact on the week with weather being 90% of the market pricing influence through key yield development time. Light and wildly scattered weekend rains , a dry outlook this week and a heat dome entering this weekend all led to rallies of $.14 on corn, 23 on beans and $.28 on wheat before profit-taking entered.