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Anthony Rizzo is out here teaching life lessons in between at-bats.  The Chicago Cubs first baseman was mic’d up for Saturday’s contest against the St. Louis Cardinals. He was caught in the dugout working out a trade with a young baseball fan: nachos for Rizzo, a ball for the youngster.  “Nachos first, then you get the ball,” Rizzo, all smiles, yells above the dugout with teammates milling about. “It’s a business. This is a business. I’ll teach you life lessons early.” Rizzo explained the… Source link

Bloomberg Inside the Race to Avert Disaster at China’s Biggest ‘Bad Bank’ (Bloomberg) — It was past 9 p.m. on Financial Street in Beijing by the time the figure inside Huarong Tower there picked up an inkbrush and, with practiced strokes, began to set characters to paper.Another trying workday was ending for Wang Zhanfeng, corporate chairman, Chinese Communist Party functionary—and, less happily, replacement for a man who very recently had been executed.On this April night, Wang was… Source link

Investors this week are poised to receive a number of key economic data reports offering the latest look at the state of inflation in the U.S., with investors and consumers alike jittery at the prospects of rising prices during the post-pandemic recovery. The U.S. Bureau of Economic Analysis will release its April personal consumption expenditures (PCE) index on Friday. The print is expected to show a rise of 3.5% in April over last year for the biggest increase since 2008, according to… Source link

Rep. Lauren Boebert on the House steps of the Capitol on Monday, January 4, 2021. Tom Williams/CQ-Roll Call, Inc via Getty Images Rep. Lauren Boebert falsely claimed Texas hasn’t recorded a single COVID-19 death in two months. “Since removing the mask mandate …Texas has not reported a single COVID death,” she claimed. Data shows 3,600 Texans lost their lives to the virus since March 2, the day restrictions were lifted. See more stories on Insider’s business page. Rep. Lauren Boebert of Colorado… Source link

Bloomberg Inside the Race to Avert Disaster at China’s Biggest ‘Bad Bank’ (Bloomberg) — It was past 9 p.m. on Financial Street in Beijing by the time the figure inside Huarong Tower there picked up an inkbrush and, with practiced strokes, began to set characters to paper.Another trying workday was ending for Wang Zhanfeng, corporate chairman, Chinese Communist Party functionary—and, less happily, replacement for a man who very recently had been executed.On this April night, Wang was… Source link

Hail, freezing rain and gale-force winds during a high-altitude mountain ultramarathon led to the deaths of 21 experienced runners in northwestern China on Saturday, state media and the Associated Press reported. The 62-mile Huanghe Shilin Mountain Marathon race began in sunny conditions that morning. By 1 p.m. the weather turned to freezing rain, hail stones and gale winds, the state-run Global Times reported. Rescuers confirmed that 151 of the 172 total runners were safe, via AP, and eight… Source link

Former Michigan State University basketball star Keith Appling was named as a suspect in a deadly shooting late Saturday by the Detroit Police Department.  At around 7:10 p.m. on the city’s west side a verbal altercation ensued between a 66-year-old male victim and a 29-year-old man later identified as Appling, police said. The verbal altercation turned physical and Appling reportedly fired multiple gunshots at the older man, police said.  Police said the suspect fled the scene in a newer… Source link

ROME (AP) — A cable car taking visitors to a mountaintop view of some of northern Italy’s most picturesque lakes plummeted to the ground Sunday and then tumbled down the slope, killing 13 people and sending two children to the hospital in serious condition, authorities said. Stresa Mayor Marcella Severino said it appeared that a cable broke, sending the car careening until it hit a pylon and then fell to the ground. At that point, the car overturned “two or three times before hitting some… Source link

Bloomberg Frontier Debt Shines as Unlikely Haven in World of Rising Rates (Bloomberg) — As the hunt for investments that can withstand rising interest rates gathers pace, frontier assets are gaining popularity over their larger emerging-market peers.The bonds of the world’s least-developed economies have returned 2.6% this year, keeping pace with their 2020 performance, while higher-ranked emerging-market debt has lost almost 2%, reversing some of last year’s 5.3% advance, according to… Source link

During his most recent YouTube interview, the highly revered crypto expert highlighted on the flagship crypto strong fundamentals noting many indicators point toward price positivity for Bitcoin. “There’s an immense amount of activity on the network between investors compared to the valuation,” Woo said, referring to data from Bitcoin’s NVT ratio, which shows blockchain network activity in relation to market capitalization. “We haven’t seen any kind of mania,” Woo continued…. Source link