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U.S. Economy Slowed in Third Quarter as Delta Variant Surged

Economic growth slowed sharply over the summer, the government reported Thursday, reflecting the resurgent pandemic’s impact in keeping consumers at home and the supply-chain bottlenecks that led to empty shelves and higher prices. The outlook for the rest of the year is mixed: The pandemic’s grip is easing. The supply-chain issues, by and large, are […]

US economic growth slows sharply in third quarter

US economic growth slowed considerably in the third quarter due to supply-chain disruptions, a resurgence of Covid-19 and slower consumer spending. The world’s largest economy expanded 2 per cent on an annualised basis in the three months to the end of September, according to data from the commerce department on Thursday, marking the weakest quarterly […]

Mask battle between Anchorage Assembly, Bronson administration continues derailing city business

The Anchorage Assembly convened its Wednesday night meeting with a packed agenda: budget testimony, confirmations and appointments, a comprehensive homelessness strategy, ordinances affecting plastic bags and rules for mayoral appointments. But even though the body already dealt with an acrimonious public health measure requiring mask wearing in indoor public spaces, the issue has not gone […]

Two Defendants Convicted For Operating Multimillion-Dollar Business Email Compromise And Money Laundering Scheme | USAO-SDNY

Damian Williams, the United States Attorney for the Southern District of New York, announced that a jury returned guilty verdicts yesterday against OLUWASEUN ADELEKAN, a/k/a “Sean Adelekan,” and TEMITOPE OMOTAYO for conspiracies to commit wire fraud and money laundering, and aggravated identity theft.  U.S. District Judge Loretta A. Preska presided over the one-week trial. U.S. […]