BlackRock’s President Sees Markets Primed for a Comeback

(Bloomberg) — BlackRock Inc.’s co-founder sees markets primed for a comeback. Most Read from Bloomberg There’s almost $9 trillion right now sitting in money market funds, and the same amount sitting in cash alternatives at banks, Robert Kapito, president of the world’s largest asset manager, said at the Asia Pacific Financial and Innovation Symposium in … Read more

Video shows women dancing in India metro, not Bangladesh

Footage of two women performing an intimate dance in a train carriage was filmed in India, contrary to social media posts falsely claiming the incident occurred in Bangladesh. Posts accused the pair of “promoting homosexuality” in the conservative Muslim-majority country. However, a Delhi metro official confirmed the stunt took place in the Indian capital. Police … Read more

New Mexico’s rivers are most threatened waterways in US, report finds

New Mexico’s rivers, which include the Rio Grande, Gila, San Juan and Pecos, are America’s most threatened waterways, according to a new report. This is largely due to a 2023 US supreme court decision that left more than 90% of the state’s surface waters without federal protections from industrial pollution, according to state officials. “Virtually … Read more

Chinese economy beats growth expectations in first quarter

China’s economy is facing several headwinds, inluding weak consumer activity and a debilitating housing crisis (Jade GAO) China’s economy grew far more than expected in the first quarter of 2024, data showed Tuesday, even as it is buffeted by a property-sector crisis and flagging consumer spending. Beijing has set a target of around five percent … Read more

Charges against Trump and Jan. 6 rioters at stake as Supreme Court hears debate over obstruction law

WASHINGTON (AP) — The Supreme Court on Tuesday is taking up the first of two cases that could affect the criminal prosecution of former President Donald Trump for his efforts to overturn his election loss in 2020. Hundreds of charges stemming from the Capitol riot also are at stake. The justices are hearing arguments over … Read more