May 29, 2020 - United States, North America - A U.S. judge said institutional investors including BlackRock Inc and Allianz SE's Pacific Investment Management Co can pursue much of their lawsuit accusing 15 major banks of rigging prices in the $6.6 trillion-a-day foreign exchange market. The nearly 1,300 plaintiffs, including many mutual funds and exchange traded funds, had "opted out" of similar nationwide litigation that ended with $2.31 billion of bank settlements.
May 29, 2020 - Washington DC, United States, North America - Former U.S. intelligence officials questioned the Justice Department's naming of a prosecutor to probe the "unmasking" of names in spy-agency eavesdropping reports by Obama administration officials, saying such requests had not previously been treated as criminal matters.
May 29, 2020 - Washington DC, United States, North America - U.S. President Donald Trump is trusted more than presumptive Democratic nominee Joe Biden to handle the economy, polls show. Some Biden supporters fear that potential vulnerability could intensify if Trump becomes the face of an economic recovery as the country re-opens, giving the Republican president's reelection prospects a boost when he needs it most.
May 29, 2020 - Washington DC, United States, North America - The Democratic Party is pushing mail-in voting as the safest way to cast ballots amid the coronavirus pandemic. But the party is struggling to persuade a bedrock constituency: African Americans. Just 11% of black voters cast ballots by mail in the 2018 congressional elections, the lowest of any measured ethnic group. They don't trust the process and face higher barriers to getting mail ballots.
May 29, 2020 - New York City, United States, North America - Asian Americans mobilize at the grassroots level to fight xenophobia as "Chinese" are being blamed for the coronavirus, forming neighborhood patrols, launching social media rallies and protests such as #HATEISAVIRUS, and creating healing spaces online.