New York Attorney General Letitia James has filed a civil lawsuit against Alex Mashinsky, alleging that the co-founder of the bankrupt crypto lender Celsius Network LLC defrauded investors out of billions of dollars in digital currency.

Hotel owners in New York City are rejoicing over the progress made in the past year since the pandemic began, yet they are wary of the potential for an economic downturn that could put a damper on their celebrations.