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Local Catholics are excited about the election of Pope Leo XIV from Chicago. "We have a pope! An American!" said Joan McLeod and Gailyn Ryan. The University of Minnesota says it has lost more than 70 federal grants totaling more than $22 million in Trump administration budget cuts and that it does not know what's coming next. And the first Republican contender has entered the 2026 Minnesota governor's race.Those stories and more in today's evening newscast from MPR News. Hosted by Emily Reese. Music by Gary Meister.
Chris Balas from theWolverine.com joined us to talk about Sherrone Moore's two game suspension. Chris updated us on everything he's heard about the situation, gave his thought's on when all of this will be over, and much more. See omnystudio.com/listener for privacy information.
Clayton Sayfie from theWolverine.com joined us to talk about the news regarding Sherrone Moore. Clayton updated us on the self imposed 2 game suspension, told us why they're doing this, gave their thought's on how this could affect the program, and much more. See omnystudio.com/listener for privacy information.
We talked about Sherrone Moore and the self-imposed 2 game suspension as Anthony Broome from theWolverine.com joined us. He and Ben gave their thought's on if this will help or hurt Michigan Football when it comes to the NCAA enforcing something later on, talked about the two games that Moore will sit out and the impact if could have on the team, and more. See omnystudio.com/listener for privacy information.
The state Attorney General's office has dropped charges against pro-Palestinian protesters who were charged after setting up an encampment at the University of Michigan last Spring. Attorney General Dana Nessel says in a statement she stands by the charges, but the District Court judge hasn't decided if there is enough evidence to go to trial. WWJ's Tony Ortiz has top news stories.
Kia ora,Welcome to Wednesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news negative data is starting to flow more aggressively in the US as the consequences of dumb policy show through. It been a track to decline for the first 100 days of Trump II.First, the US Redbook index of retail sales rose +6.1% last week from the week before, but the strong suspicion is that much of this is inflation-related.And that is supported by a sharp drop in consumer sentiment reported by the Conference Board, down to a 13 year low in April and confirming the UofM earlier sentiment survey.US job openings fell by -288,000 to 7.192 mln in March, down -901,000 from a year ago to the lowest level in six months and well below market expectations of 7.5 mln. The drop was broad-based. Their quit rate rose to an 8 month high.The US trade deficit in goods widened sharply to -US$162 bln in March, the largest on record, and well above the expected -US$146 bln gap as tariff threats drove US importers to front-load their purchases. Unsurprisingly, that alos generated a spike in wholesale inventories.This bad trade result probably cements a very weak Q1-2025 GDP result. The next AtlantaFed GDP Now update will come tomorrow, and is unlikely to be pretty.The Dallas Fed's services sector survey pointed to weaker conditions and a weaker outlook.The Canadian election has resulted in a narrow win for the center-left (in North American terms) Liberals and the Quebec coalition partner. This is an unusual fourth consecutive win for the Liberals, and an unlikely one, very much aided by Trump trolling. It will be a tough gig because they are clearly facing recession, also flowing from the newly-fractious US relationship.The ECB survey on consumer inflation expectations in the euro-zone rose in March with the year ahead expectation up to 2.9%, its highest in a year.EU consumer sentiment dropped in March and to its lowest since December.And we should probably note that Denmark says it wants the EU to join the CPTPP.In Australia, there are three days left of campaigning in their federal election. Polling is tightening. Despite those polls still showing Labour ahead, much will depend on how voters rank their preferences, which could make it rather close.The overnight dairy Pulse auction came in better than the futures market signaled. The SMP price rose as expected and to its highest in a year, but the WMP price did not fall as expected, rather it showed a small gain and to its highest in three years.The UST 10yr yield is now at 4.17%, down another -4 bps from this time yesterday.The price of gold will start today at US$3319/oz, and down -US$17 from yesterday.Oil prices are down -US$1.50 at just on US$60.50/bbl in the US and the international Brent price is down a bit less, now just under US$64.50/bbl. These are two-week lows as global trade tensions and weak US data dampened the demand outlook.The Kiwi dollar is now at 59.4 USc, down -0.2% from yesterday at this time. Against the Aussie we are up +10 bps at 93 AUc. Against the euro we are unchanged at 52.2 euro cents. That all means our TWI-5 starts today just on 67.6 and down -10 bps.The bitcoin price starts today up +1.3% from yesterday at US$95,401. Volatility over the past 24 hours has been low at +/- 0.9%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.
Chris Balas from theWolverine.com then joined us. He and Huge talked about the Michigan players that were drafted, talked about where they're going and what impact they'll make in the NFL. See omnystudio.com/listener for privacy information.
Kia ora,Welcome to Monday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news this week we may start to see some hard data from the US and how the Trump insurgency is affecting the world's largest economy. Already sentiment surveys seem pretty negative.For us, the week ahead will be dominated by the March quarter financial system data releases from the RBNZ on Wednesday.Internationally, we will remain trapped watching the chaotic policy changes from Washington and trying to assess how they may impact us. Wall Street's earning season releases will also be a big influence, especially results from Big Tech. And the Americans will release their Q1-2025 GDP results, PCE inflation data, and their ISM PMI survey results. And at the end of the week we will get the April non-farm payroll results for the US labour market.The Bank of Japan is scheduled to review its monetary policy, but they are unlikely to make any changes in the fog of uncertainty around trade policies. Australia will release its Q1-2025 CPI data (expect a dip to 2.2%). China will release its official PMI survey results.Over the weekend, China said its March industrial profits were better than expected, but private sector profits slipped again. However, overall profits rose +0.8% from a year ago. Also better were foreign company profits which were up +2.8% on the same basis.China said they are adding another ¥500 bln in medium-term lending facility funding. This is the second month they have pushed out substantial additional liquidity in this way.And China says more than 120 million people have benefited from their old-for-new consumer goods trade-in subsidy program, driving sales of more than ¥720 bln.And the BS meter is on high after Trump said that “we're meeting with China” on tariffs, comments aimed at soothing jittery financial markets. But Chinese officials say no talks have taken place.In fact, China cancelled some large pork and soybean orders to US suppliers. American farmers not only have to bear the brunt of trade policy gone rogue, they are also battling rouge weather.Singapore said its industrial production rose in March, a bounce-back from a weak February result. But the recovery wasn't as strong as analysts had expected.Across the Pacific, US initial jobless claims fell last week to +209,700 and to the level expected. But seasonal effects suggested this reduction should have been larger. There are now 1.89 mln people on these benefits, still higher than year ago levels. This is despite Federal pressure on States to deny long term undocumented workers access to benefits.New durable goods orders jumped in March by +10.9%, the largest rise in seven months. Capital goods orders rose +24.1%. But non-defense, non-aircraft capital goods orders were only up +1.8%. This is probably why the March or April PMIs didn't note a general rise in factory orders.US existing-home sales fell -5.9% in March from February to be -2.4% lower than one year ago.Meanwhile the Kansas City Fed factory survey reported lower activity, higher costs, and unchanged order levels.Nationally, the Chicago Fed's National Activity Index reported a small slip in March. This is consistent with the overall Fed Beige Book monitoring.And finally for the US, the UofM sentiment survey for April was -8.4% lower than for March, -32% weaker than a year ago. These are big drops. Year-ahead inflation expectations surged from 5.0% in March, an unusually high level, to 6.5% this month, the highest reading since 1981.North of the border, Canada reported February retail sales and they slipped from January to be +2.1% ahead of year ago levels. This data is volume data, so a real increase.And its election day in Canada (tonight NZ time). There has been a notable surge in early voting. Official data for this was released a week ago, and that showed 7.3 million electors had voted in advance at that stage. This is a +25% increase from the 5.8 million electors who voted in advance in the last federal general election in 2021. They have 27.6 mln eligible voters this time.The UST 10yr yield is now at 4.25%, up +1 bp from this time Saturday.The price of gold will start today at US$3318/oz, and up +US$88 from Saturday.Oil prices have held from Saturday be still just over US$63/bbl in the US and the international Brent price is now just under US$67/bbl.The Kiwi dollar is now at 59.6 USc, down -10 bps from Saturday at this time. Against the Aussie we are down -10 bps at 93.2 AUc. Against the euro we unchanged at 52.5 euro cents. That all means our TWI-5 starts today still just on 68 and unchanged from Thursday, but up +40 bps from a week ago.The bitcoin price starts today at US$94,238 and down -0.8% from this time Saturday. Volatility over the past 24 hours has again been low at +/- 0.7%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.
Kevin Fitzsimon from U of M Club of Ann ArborSee omnystudio.com/listener for privacy information.
Star Tribune columnist Rochelle Olson makes her weekly visit with to discuss a couple items in the news and review this week's Cheers and Jeers column.
We were joined by Anthony Broome from theWolverine.com so he could tell us how Michigan's Spring game went over the weekend. He told us how Bryce Underwood played, talked about improvements he would like to see, and more. See omnystudio.com/listener for privacy information.
We talked about Michigan's Spring Football game as Chris Balas from theWolverine.com joined us. He gave us his thought's on how Bryce Underwood looked, talked about the defensive line looking good and the offensive line needing work, talked about the transfer portal, and more. See omnystudio.com/listener for privacy information.
We talked about this weekend's Michigan Spring Football game as Chris Balas from theWolverine.com joined us. He and Huge gave their thoughts on how that will go, talked about some of the guys we should keep an eye on, and more. See omnystudio.com/listener for privacy information.
We were joined by Doug Karsch, who is the voice of Michigan Football. He filled us in on how Bryce Underwood has looked in the off-season, talked about the impact he thinks Bryson will have, and more. See omnystudio.com/listener for privacy information.
We were joined by Clayton Sayfie from theWolverine.com so he and Huge could talk about the Michigan Spring game. He and Huge talked about what makes them confident in this team coming off of last season, as well as what worries them, talked about the transfer portal, and more. See omnystudio.com/listener for privacy information.
Doug Skene from theWolverine.com joined us to talk about Michigan's Spring game tomorrow. He and Huge gave their thoughts on what they would like to see from the Wolverines in this game, talked about expectations for the season, talked about the transfer portal, and much more.See omnystudio.com/listener for privacy information.
Stephanie K and Jay welcome Melissa Sreckovic to the studio this week. Melissa Sreckovic is the Associate Professor of Education at the University Of Michigan Flint. The Fourth Annual Officer Friendly Day will take place at the William S. White Parking Lot S, at the corner of Saginaw St. and 5th Ave, across the street from the Family Dollar at 877 E. 5th Ave, 1-3 p.m., April 26th. For more information click here.
An international student at the University of Minnesota has sued the Department of Homeland security. And St. Paul-based Ecolab says it's imposing a 5 percent trade surcharge on its products and services sold in the U.S. The company says it's making the move to mitigate rising raw material costs as a result of Trump administration tariffs. Those stories and more in today's evening update. Hosted by Emily Reese. Music by Gary Meister.
We talked about Michigan Spring Football as Anthony Broome from theWolverine.com joined us. He talked about the work that Sherrone Moore has done in the off-season to get ready for the regular season, talked about expectations, Anthony updated us on the work Dusty has done in the transfer portal, and more. See omnystudio.com/listener for privacy information.
We were joined by Chris Balas from theWolverine.com so he could update us on Michigan's Spring Football game and Michigan Basketball. See omnystudio.com/listener for privacy information.
We talked with Clayton Sayfie from theWolverine.com about the Wolverines, the transfer portal, and more. See omnystudio.com/listener for privacy information.
With the support of Astemo, Global Auto Mobility met with student groups, associations, and teams – plus an expert panel of University of Michigan Dearborn Engineering students – to discuss how they are preparing for the future of engineering. We heard from Savannah Welch (Human Centered Engineering Design), Regina Arriola (Bioengineering), Perla Fares (Biomedical Engineering), Jakub Wittrock (Electrical and Computer Engineering) and Zane Carlson (Software Engineering).
Several Minnesota school districts yesterday asked voters to approve more funding through ballot questions. The biggest, the St. Cloud School district, got voter approval to raise $65 million for upgrades to security at Apollo High School, and a new athletic facility.The University of Minnesota grad student currently detained pending deportation proceedings will be back in court on Friday. A Minneapolis man who allegedly led police in a car chase that ended in a fatal carjacking last year has been found competent to face trial. Ameer Matariyeh is facing charges of murder, attempted murder and assault in connection with the shooting rampage that left one man wounded and another dead.Go deeper with the latest edition of the Minnesota Today newsletter.Detained U of M graduate student will remain in custodySubscribe on Apple Podcasts, Spotify, YouTube or RSS.
The University of Minnesota grad student currently detained pending deportation proceedings will be back in court later this week.During a hearing at immigration court Tuesday morning, an attorney for Doğukan Günaydın asked the court to pause the removal proceedings in order to hold another hearing to address new charges filed by the Department of Homeland Security.And the Minnesota Department of Education Tuesday has responded to the Trump administration's request to eliminate DEI programs.Last week the Trump administration told states they had 10 days to certify they are complying with the administration's interpretation of civil rights law. On Tuesday the Minnesota Department of Education told the federal government it has long complied with Civil Rights law, and the administration was attempting to “change the terms and conditions of federal financial assistance… without formal administrative process.”Find these headlines and more at mprnews.org.Detained U of M graduate student will remain in custodyMinnesota pushes back on Trump demand to end DEI or lose school fundingSubscribe on Apple Podcasts, Spotify, YouTube or RSS.
John Borton from theWolverine.com joined us to give us his thought's on Michigan's Basketball season. He and Huge also talked about Spring Football for the Wolverines, and more. See omnystudio.com/listener for privacy information.
We were joined by Chris Balas from theWolverine.com so he could update us on Michigan and the Transfer Portal.See omnystudio.com/listener for privacy information.
We were joined by Clayton Sayfie from theWolverine.com to get his thoughts on Michigan players in the portal, talked a little Michigan Basketball, and more. See omnystudio.com/listener for privacy information.
Anthony Broome from theWolverine.com joined us. We got his thoughts on what Dusty May has been doing with the portal, and more.See omnystudio.com/listener for privacy information.
We were joined by Clayton Sayfie from theWolverine.com so we could get an update on Michigan players that have entered the portal.See omnystudio.com/listener for privacy information.
The Minnesota Department of Health says it likely will lay off 150 to 200 people, because of A U.S. Bank executive is believed to have been killed in the plane crash that engulfed a Brooklyn Park home in flames on Saturday.Students are rallying at the University of Minnesota today, four days after immigration officers arrested an international graduate student. U.S. Immigration and Customs Enforcement has not responded to our request for comment on why it detained the student, the status of the arrest and where they are being held. The arrest follows others at Columbia, Tufts and Georgetown tied to pro-Palestinian activism.Hundreds of Minnesota state workers protested outside the governor's residence in St. Paul over the weekend. The action organized by the Minnesota Association of Professional Employees union responded to Governor Walz' announcement that many state employees will need to spend at least 50 percent of their work time in the office.Today is designated International Day of Transgender Visibility. People are gathering to mark the event at the State Capitol.Find these headlines and more at mprnews.org. Hosted by Phil Picardi. Music by Garty Meister.
There has been little new information released about the detainment of an international graduated student by Immigration Customs Enforcement, or ICE. University leaders say the student was at an off-campus residence when ICE removed them on Thursday. But it's unclear who this student is and why they may be under investigation. On Monday afternoon, hundreds of people gathered on campus to protest the incident. MPR News reporter Matt Sepic was on scene at the protest and joined Minnesota Now with the latest.
We talked about Michigan's Basketball season as Chris Balas from the Wolverine.com joined us. He and Huge talked about that loss to Auburn on Friday night, gave their thoughts on the season as a whole, Chris updated us on Michigan Football, and more.See omnystudio.com/listener for privacy information.
We were joined by Clayton Sayfie from theWolverine.com so we could get his thoughts on the end of Michigan's season. They talked about that Auburn game, discussed year one for Dusty May, talked a little Michigan Football, and more. See omnystudio.com/listener for privacy information.
Anthony Broome from theWolverine.com joined us to talk about Michigan Basketball. He and Huge talked about the positives and negatives they took out of the end of Michigan's season on Friday, talked about the great work Dusty has done in his first year, looked ahead to next year, and more.See omnystudio.com/listener for privacy information.
With the support of Astemo, Global Auto Mobility met with student groups, associations, and teams – plus an expert panel of University of Michigan Dearborn professors – to discuss how industry, higher education, and students can collaborate to prepare for the future of engineering. We heard from Assistant Dean John Cristiano, as well as Professors Areen Alsaid, Alireza Mohammadi, and Samir Rawashdeh.
Clayton Sayfie from theWolverine.com joined us to give us his thoughts and predictions on how tonight's Michigan game goes.See omnystudio.com/listener for privacy information.
Anthony Broome from theWolverine.com joined us to give his thoughts on Michigan/Auburn. He told us what Michigan needs to do to beat Auburn tonight, talked about if he thinks Michigan and Michigan State will play each other on Sunday, and more. See omnystudio.com/listener for privacy information.
We were joined by Chris Balas from theWolverine.com to get his thought's on Michigan's match-up with Auburn. He and Huge talked about a tough team that the Wolverines are taking on tonight, gave their thoughts on how the game goes, and more.See omnystudio.com/listener for privacy information.
Chris Balas from theWolverine.com joined us to talk Michigan Basketball. He gave his thoughts on how Friday's game against Auburn will go, and more. See omnystudio.com/listener for privacy information.
We were joined by Brian Boesch who is the voice of Michigan Basketball. He and Huge looked ahead to Friday's game against Auburn, gave their thoughts on if they can get to the Elite 8, and more. See omnystudio.com/listener for privacy information.
Pistons win again. Red Wings lose again.
We were joined by Chris Balas from theWolverine.com so he and Huge could talk about Michigan's run in the Tournament. They talked about the turnaround for Michigan, discussed the win over Texas A&M, looked ahead to Friday's game against Auburn, and more.See omnystudio.com/listener for privacy information.
Anthony Broome from theWolverine.com joined us to talk about Michigan being in the Sweet Sixteen. He and Huge talked about a great first year for Dusty May and his squad, looked ahead to Friday's game against Auburn and how he feels going into that game, and more. See omnystudio.com/listener for privacy information.
We talked with Clayton Sayfie from theWolverine.com about Michigan. He gave his thoughts on how Michigan will do against Auburn, talked about how big it would be for Michigan and Michigan State to take each other on in the Elite 8, and more. See omnystudio.com/listener for privacy information.
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Multiple bracket guy can't brag!
How bad does Izzo need another title?
On Saturday the Trump administration announced that it would use a law from 1798 to deport members of a gang. It did not provide evidence that the roughly 250 immigrants from Venezuela that were getting deported belonged to a gang. On Sunday, a federal judge ordered the administration to stop the deportations and turn the deportation flights around. The Trump Administration has said that because the flights were over international waters when the order came down, it did not need to comply. The situation is setting up a major legal battle over presidential power. For perspective on the situation, Nadia Anguiano joined Minnesota Now. She is director of the Federal Immigration Litigation Clinic at the University of Minnesota.