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Consumer spending dipped 1% as winter storms raked the US

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WASHINGTON – Consumers spending slumped 1% as severe winter storms raked portions of the U.S. and personal incomes fell sharply as well in February.

The drop in spending came after a big 3.4% gain in January, the Commerce Department reported Friday. Consumer spending is closely watched because it accounts for two-thirds of economic activity.

Personal incomes, which can fuel spending going forward, plunged 7.1% last month after a 10.1% surge in January, when the U.S.

was sending out $600 individual payments to help Americans during the pandemic. Incomes are expected to rebound in March with millions of $1,400 individual payments being distributed.

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Main suspect in attempted shooting of drug muling Ambulance driver arrested - newsfirst.lk - Sri Lanka
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Main suspect in attempted shooting of drug muling Ambulance driver arrested
COLOMBO (News 1st); Sri Lanka Police confirmed the arrest of the main suspect wanted in connection with the attempted shooting of an ambulance driver on the 27th of January opposite the Panadura Base Hospital.Sri Lanka Police said 8 grams of heroin was seized from the possession of the 32-year-old suspect from Kuruppumulla on Tuesday (8) night.Detectives are planning on obtaining a detention order to detain and interrogate the suspect, after producing him to the Panadura Magistrate’s Court.Sri Lanka Police on Tuesday (8) also arrested a 51-year-old man in connection to the attempted shooting of an ambulance driver in Panadura, on the 27th of January 2022.The suspect was identified as the assistant to the ambulance driver who was the main target of the shooters.On Independence Day (4), the Kalutara Crimes Division arrested the ambulance driver who was the target of gunmen in Panadura.Sri Lanka Police said the ambulance driver was transferring an expectant mother to the Panadura Hospital when several people chased after him on four motorcycles and opened fire at him.However, the weapon used by the gunman had jammed.Police said the ambulance driver was arrested after it was revealed that he was transporting Heroin at the time of the incident.According to Police, the person who was driving the motorcycle and the person who assisted in the shooting were also arrested.The assistant to the ambulance driver had confessed to police that the ambulance was used to transport drugs on several occasions.In addition, another man was arrested from Panadura on Tuesday (8) for spying on the ambulance driver.
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