We consider spin dynamics for implementation in an atomistic framework and we address the feasibility of capturing processes in the femtosecond regime by inclusion of moment of inertia. In the spirit of an s-d-like interaction between the magnetization and electron spin, we derive a generalized equation of motion for the magnetization dynamics in the semiclassical limit, which is nonlocal in both space and time. Using this result we retain a generalized Landau-Lifshitz-Gilbert equation, also including the moment of inertia, and demonstrate how the exchange interaction, damping, and moment of inertia, all can be calculated from first principles.

We demonstrate how a Dirac-like magnon spectrum is generated for localized magnetic moments forming a two-dimensional honeycomb lattice. The Dirac crossing point is proven to be robust against magnon-magnon interactions, as these only shift the spectrum. Local defects induce impurity resonances near the Dirac point, as well as magnon Friedel oscillations. The energy of the Dirac point is controlled by the exchange coupling, and thus a two-dimensional array of magnetic dots is an experimentally feasible realization of Dirac magnons with tunable dispersion.

Chirality induced spin selectivity, discovered about two decades ago in helical molecules, is a non-equilibrium effect that emerges from the interplay between geometrical helicity and spin-orbit interactions. Several model Hamiltonians building on this interplay have been proposed and while these can yield spin-polarized transport properties that agrees with experimental observations, they simultaneously depend on unrealistic values of the spin-orbit interaction parameters. It is likely, however, that a common deficit originates from the fact that all these models are uncorrelated, or, single-electron theories. Therefore, chirality induced spin selectivity is, here, addressed using a many-body approach, which allows for non-equilibrium conditions and a systematic treatment of the correlated state. The intrinsic molecular spin-polarization increases by two orders of magnitudes, or more, compared to the corresponding result in the uncorrelated model. In addition, the electronic structure responds to varying external magnetic conditions which, therefore, enables comparisons of the currents provided for different spin-polarizations in one of the (or both) leads between which the molecule is mounted. Using experimentally feasible parameters and room temperature, the obtained normalized difference between such currents may be as large as 5 -10 % for short molecular chains, clearly suggesting the vital importance of including electron correlations when searching for explanations of the phenomenon.

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The recent experimental conductance measurements taken on magnetic impurities on metallic surfaces, using scanning tunneling microscopy technique and suggesting occurrence of inelastic scattering processes, are theoretically addressed. We argue that the observed conductance signatures are caused by transitions between the spin states that have opened due to, for example, exchange coupling between the local spins and the tunneling electrons, and are directly interpretable in terms of inelastic transitions energies. Feasible measurements using spin-polarized scanning tunneling microscopy that would enable new information about the excitation spectrum of the local spins are discussed.