Criminal Court after a jury standoff in the Danny Masterson rape case

LOS ANGELES (AP) — A judge on Wednesday declared a mistrial in the rape trial of “That ’70s Show” actor Danny Masterson. The jury, leaning strongly toward acquittal, was deadlocked after a month-long trial in which the Church of Scientology played a supporting role. Prosecutors said Masterson raped three women, including his ex-girlfriend, at his … Read more

Mizuho says shrinking the Fed’s balance sheet through quantitative tightening is a ‘total mistake’

The Fed’s attempt to shrink its balance sheet through so-called quantitative tightening, or QT, is “a complete mistake,” according to Mizuho’s chief economist in the US. “There is a counterintuitive possibility that market liquidity could be adversely affected before the $2 trillion target is raised, preventing the Fed from achieving its target,” Stephen Ricciotto, chief … Read more

The US shale oil boom is officially over

Gone are the days of explosive growth in US shale oil production. US oil production is increasing, but at a much slower pace than before the 2020 crash, and at lower rates than expected a few months ago. The shale sector’s new priorities – capital discipline, focus on shareholder returns and debt repayment – have … Read more

Opinion: The gates are open for grandparents to grandchildren’s huge college savings

If you’re a grandparent looking to salvage the situation by helping your grandchildren pay for college, take a second look at the tax-advanced 529 college savings plan before the end of the year. rule changes To accounts for federal financial aid in 2023 means that new investment opportunities are open for family members to help … Read more

Solving the Medicaid Debt Crisis Goes Beyond Medicaid Expansion, Certification Need Repair

The fate of a bipartisan Medicare Consumer Protection bill that addresses medical debt could be linked to expanding Medicaid and certification of need legislation during the 2023 hearing. Electing a Republican supermajority to the North Carolina Senate and being shy of one seat from a Republican supermajority in the NC Senate could be a factor … Read more

“Gay” was added to the Bible by mistake, and the claims of controversial films

Hell has no fury like TikTokers’ contempt. A director said she had been subjected to a fierce defamation campaign on social media before that Launching her new documentarywhich claims that the word “gay” was mistakenly included in the Bible in 1946. Sharon “Rocky” Roggio is the manager “1946: The Mistranslation That Changed Culture,” Which doesn’t … Read more

The US dollar continues to stay strong: what this means for the stock market and investors

Amid all the extreme volatility of 2022, there is one thing investors can still count on: a strong US dollar. ICE DXY US Dollar Index, -0.61%And the Which measures the strength of the US currency against a basket of six other currencies, has risen 19.5% in the past 12 months, as the dollar crushed major … Read more

This is not a QE or QT. This is not any of those. Why is the US Treasury exploring debt buybacks

The US Treasury said Friday it plans to start talking to primary dealers in late October about the possibility that it could begin buying back some of its old debt to help avoid disrupting market functions. The plan, if adopted, would mark a milestone in the roughly $22.6 trillion US government bond market, the world’s … Read more

Britain’s Emerging Markets Crisis – Politico

Timothy Ash is Associate Fellow in the Russia and Eurasia Program at Chatham House and Senior Sovereign Strategist at Bluebay Asset Management. For just one minute, imagine a country that has suffered from years of political instability. It has seen four prime ministers in just six years and three general elections over the past seven … Read more

The next financial crisis may already be ripe, but not as many expect

A growing number of traders, academics and bond market experts are concerned that the $24 trillion US Treasury debt market could head into crisis as the Federal Reserve began its “quantitative tightening” on high alert this month. With the Fed doubling the pace that its bond holdings will “roll” its balance sheet in September, some … Read more