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A global agency says COVID-19, better known as coronavirus, could make the world economy shrink this quarter. That would be a first since the international financial crisis more than a decade ago. The Organization for Economic Cooperation and Development says the world economy is still expected to grow overall this year and rebound next year. But it lowered its forecasts Monday for global growth in 2020 in a special report about the effect of the coronavirus. It said China's reduced production is hitting Asia particularly hard, and economists worry that as the disease spreads worldwide, it will cause more quarantines and create more concern among consumers. Consumer fear could cause people to cancel travel plans, avoid stores and stay home from work.It urged governments to act fast to prevent contagion and restore consumer confidence — both economically by lowering interest rates and by instituting health policies that will prevent the spread of the virus. 982
A federal grand jury is investigating Harvard University's fencing coach after he sold his Massachusetts home in 2016 to a wealthy businessman whose son was actively looking to apply to the school, according to a source with knowledge of the investigation.US Attorney Eric S. Rosen, who is leading the nationwide college admissions scandal investigation, sent a subpoena to the Needham Board of Assessors in April, asking the town for years of documents and records related to the property, the source confirmed.The source also confirmed details of the subpoena's cover letter."Pursuant to an official investigation being conducted by a federal Grand Jury in the District of Massachusetts of suspected violations of federal criminal law, you are directed to furnish to the Grand Jury the documents described in the attached subpoena."In 2016, coach Peter Brand sold his home in Needham, Massachusetts, for almost twice what a tax document said it was worth. Harvard is conducting an independent review of that transaction.Jie Zhao bought Brand's home for 9,500, according to the deed. At the time, he had a son on the Harvard fencing team and one in high school, the Boston Globe reported.However, a municipal lien certificate indicates the home was worth just under 0,000. Zhao sold the property about 17 months later at a loss of over 0,000.Following the sale of his home in Needham, Brand purchased a condominium in Cambridge.Zhao's lawyer, William D. Weinreb, told the Globe on Tuesday, that they're "not aware of any criminal investigation."Brand's lawyer, Douglas S. Brooks, told CNN Tuesday evening, "We have not received any inquiry from the US Attorney's Office or any other law enforcement agency, and we are unaware of any such investigation. To be clear, Coach Brand unequivocally denies any wrongdoing."Brand was appointed as Harvard's head fencing coach in 1999, moving from a role at Brown University. He emigrated from Israel to the US as a teenager and has coached the Harvard team to unprecedented success, according to Harvard's website."Harvard's rise to the top of intercollegiate fencing has been nothing short of meteoric since Brand has been at the helm of the program," his Harvard profile reads.In previous interviews with the Boston Globe, Zhao has denied anything unusual about his property purchase and insisted that he bought the property as an investment and as a favor for his friend, the coach.According to the Globe, Zhao has two sons, one who was admitted to Harvard as a fencer in 2017. The other son, also a fencer according to the Globe, graduated last year.In April, 2627

3 kids found dead in their home near 24th Street and Baseline. Boy 3, girls 2 and 7 mo. No obvious signs of trauma but investigators are interviewing Mom and Dad trying to piece together what lead to the deaths. https://t.co/jTKm5sLRZP— Phoenix Police Department (@phoenixpolice) January 21, 2020 310
A federal judge said Monday that former White House counsel Don McGahn must comply with a House subpoena."However busy or essential a presidential aide might be, and whatever their proximity to sensitive domestic and national-security projects, the President does not have the power to excuse him or her from taking an action that the law requires," the judge writesThis story is breaking and will be updated. 421
SUMMIT COUNTY, Colo. – A driver traveling through Interstate 70 in Colorado on Sunday captured the moment an avalanche came barreling down through Ten Mile Canyon between Frisco and Copper Mountain. Officials with the Colorado Avalanche Information Center (CAIC) tweeted the video, saying the highway was not affected by the avalanche. 350
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