Investing in U.S. equities is an "asset allocation decision."
A lawsuit has been filed over California's decision to take over monitoring groundwater use in part of the fertile San Joaquin Valley under a landmark law aimed at protecting the vital resource. The Kings County Farm Bureau and two landowners filed a lawsuit last week over a decision by the State Water Resources Control Board in April to place the Tulare Lake Subbasin on so-called probationary status. The move placed state officials, instead of local officials, in charge of tracking how much water is pumped from the ground in a region that state officials deemed had failed to come up with a plan to sustainably manage the resource.
A boat dock at Wyandotte County Lake Park was destroyed by high winds that came through the Kansas City area late Sunday night.