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Judge weighs whether to order Fani Willis to comply with lawmakers’ subpoenas over Trump caseThe former lead nurse at the Mendocino County Jail was recently convicted of several sex-related felonies “initiated and perpetrated through an online scam known as catfishing,” the Mendocino County District Attorney reported. According to the office of DA David Eyster, Blake Dylan Bradley Cox, 28, of Ukiah, pleaded “no contest” last week to “eight sex-related felonies and one misdemeanor in one case, and two additional firearm felonies in a second case.” In what the DA describes as a “dogged investigation by the Ukiah Police Department that initially involved an allegation of misdemeanor domestic battery, it was also discovered that the defendant was in possession of eleven illegal assault weapons and twenty-seven other firearms.” While that case was being tried, the DA reports that “the UPD continued analyzing seized evidence,” which included Cox’s cell phone, which reportedly had “overwhelming evidence of sex-related crimes, involving both juvenile and adults, that the defendant had initiated and perpetrated through an online scam known as catfishing.” The DA described catfishing as “when a person, ‘the catfish’, uses false information and images to create a fake identity online with the intention to trick, harass, or scam another person. It is often found on social media or dating apps and websites, and is a common tactic used to form online relationships under false pretenses.” According to the DA, Cox used “naked female images to create a fake female identity/persona (‘Jessica’) to trick male victims online into believing they are in a real online friendship and a developing sexual romance with the mysterious Jessica. The victims were eventually then lured by Jessica into meeting up with ‘one of her male friends’ (defendant Cox) and filmed in the backseat of a vehicle participating in oral and other sex acts with Cox (and the pictures were then) supposedly forwarded to Jessica.” The DA explains that “the lure was that the victim would be sexually rewarded by Jessica for ‘helping out her male friend’ and ‘she’ promised that when they ultimately got together that she would participate in and fulfill any and all of the victim’s sexual fantasies; however, once Cox had a successful ‘meeting’ with Jessica’s suitor, the defendant’s online Jessica persona would disappear and the defendant would then ghost his victims.” The DA notes that along with the “catfish conversation threads, pictures and videos, the defendant’s cell phone also contained images of illegal child pornography, as well as videos from a hidden camera placed to film an unsuspecting under-aged relative in all stages of disrobement.” The DA explains that “the law enforcement agencies that diligently worked the cases against defendant Cox are the Ukiah Police Department and the DA’s in-house Bureau of Investigations, (with) special thanks extended to the Riverside County District Attorney’s Office for assisting with specialized report review and charging recommendations. Special thanks also to the California Attorney General’s Office working on behalf of the California Board of Nursing, (which) successfully obtained a court order to withhold the defendant’s nursing license while the defendant’s Mendocino County criminal charges are pending.”
Stocks shook off a choppy start to finish higher Monday, as Wall Street kicked off a holiday-shortened week. The S&P 500 ended 0.7% higher after having been down 0.5% in the early going. The Dow Jones Industrial Average also recovered from an early slide to eke out a 0.2% gain. The tech-heavy Nasdaq composite rose 1%. Gains in technology and communications stocks accounted for much of the gains, outweighing losses in consumer goods companies and elsewhere in the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 3.7%. Broadcom climbed 5.5% to also help support the broader market. Walmart fell 2% and PepsiCo slid 1%. Japanese automakers Honda and Nissan said they are talking about combining in a deal that might also include Mitsubishi Motors. U.S.-listed shares in Honda jumped 12.7%, while Nissan ended flat. Eli Lilly rose 3.7% after announcing that regulators approved Zepbound as the first and only prescription medicine for adults with sleep apnea. Department store Nordstrom fell 1.5% after it agreed to be taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. All told, the S&P 500 rose 43.22 points to 5,974.07. The Dow gained 66.69 points to 42,906.95. The Nasdaq rose 192.29 points to 19,764.89. Traders got a look at a new snapshot of U.S. consumer confidence Monday. The Conference Board said that consumer confidence slipped in December. Its consumer confidence index fell back to 104.7 from 112.8 in November. Wall Street was expecting a reading of 113.8. The unexpectedly weak consumer confidence update follows several generally strong economic reports last week. One report showed the overall economy grew at a 3.1% annualized rate during the summer, faster than earlier thought. The latest report on unemployment benefit applications showed that the job market remains solid. A report on Friday said a measure of inflation the Federal Reserve likes to use was slightly lower last month than economists expected. Worries about inflation edging higher again had been weighing on Wall Street and the Fed. The central bank just delivered its third cut to interest rates this year, but inflation has been hovering stubbornly above its target of 2%. It has signaled that it could deliver fewer cuts to interest rates next year than it earlier anticipated because of concerns over inflation. Expectations for more interest rate cuts have helped drive a roughly 25% gain for the S&P 500 in 2024. That drive included 57 all-time highs this year. Inflation concerns have added to uncertainties heading into 2025, which include the labor market's path ahead and shifting economic policies under an incoming President Donald Trump. "Put simply, much of the strong market performance prior to last week was driven by expectations that a best-case scenario was the base case for 2025," said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.59% from 4.53% late Friday. European markets closed mostly lower, while markets in Asia gained ground. Wall Street has several other economic reports to look forward to this week. On Tuesday, the U.S. will release its November report for sales of newly constructed homes. A weekly update on unemployment benefits is expected on Thursday. Markets in the U.S. will close at 1 p.m. Eastern on Tuesday for Christmas Eve and will remain closed on Wednesday for Christmas.
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