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☆ Marcellus Williams is executed despite prosecutors and the victim’s family asking that he be spared
▼ + stars: | 2024-09-24 | by ( Cindy Von Quednow | Holly Yan | ) edition.cnn.com time to read: +11 min

Around 100 demonstrators were present on the prison grounds protesting capital punishment and Williams’ execution, Pojmann said. Williams’ team filed a clemency petition to the US Supreme Court last week, noting Missouri’s previous governor had postponed Williams’ execution indefinitely amid questions about the integrity of Williams’ trial. Eric Greitens previously halted Williams’ execution and formed a board to investigate his case and determine whether he should be granted clemency. “The Board investigated Williams’ case for the next six years — until Governor Michael Parson abruptly terminated the process,” Williams’ attorneys wrote. “The Governor’s actions have violated Williams’ constitutional rights and created an exceptionally urgent need for the Court’s attention,” Williams’ attorneys said in court documents.

Persons: Marcellus Williams, Williams, Williiams, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Felicia Gayle, Gayle’s, Mike Parson, Trevor Foley, “, Larry Komp, ” Komp, Tricia Rojo Bushnell, CNN’s Jake Tapper, doesn’t, Governor Parson, Parson, Louis County, Williams ’, ” Williams, Karen Pojmann, Imam Jalahii Kacem, Pojmann, Andrew Bailey, Wesley Bell, Louis, ” Bailey, Jonathan Potts, Michael Spillane, ” Spillane, “ Mr, ” Parson, ”, – Williams, Alford, general’s, Eric Greitens, Michael Parson, ” CNN’s Dakin Andone, Lauren Mascarenhas, John Fritze, Jennifer Hauser Organizations: CNN, US, ”, Missouri Department of Corrections, NAACP, Williams, of Corrections, Attorney’s Office, Missouri Attorney General’s, Jail, Court, Missouri Supreme, Republican Gov, Supreme, Attorney’s, GOP Gov Locations: Missouri, Bonne Terre, St, Louis

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Organizations: New York Times

☆ South Carolina restarts executions after 13 years
▼ + stars: | 2024-09-21 | by ( The Associated Press | ) www.nbcnews.com time to read: +7 min

His last chance to avoid death was for Republican South Carolina Gov. South Carolina first tried to add the firing squad to restart executions after its supply of lethal injection drugs expired and no company was willing to publicly sell them more. South Carolina law allows condemned people to choose lethal injection, the new firing squad or the electric chair built in 1912. South Carolina restarts the death penaltySouth Carolina’s last execution was in May 2011. South Carolina has put 43 people to death since the death penalty was restarted in the U.S. in 1976.

Persons: Freddie Owens, couldn’t, Owens, Hillary Taylor, Freddie Eugene Owens, Chris Carlson, gurney, ”, Owens ’, Henry McMaster, thoughtfully, ” Owens, Khalil Divine Black Sun Allah, Irene Graves, Graves ’, Christopher Lee, Lee, Graves, Steven Golden, Prosecutors, “ Mr, Owens’s, Gerald “ Bo ” King Organizations: COLUMBIA, U.S, Supreme, Republican South Carolina Gov, McMaster, Correctional Institution, South Carolina, Prosecutors Locations: —, Carolina, Greenville, Columbia, Carolina’s, Broad, . South Carolina, U.S

His new home is a notorious federal jail in New York City known for extreme violence and abominable medical care. Still, the conditions are horrid across the facility, according to interviews with more than a half-dozen defense lawyers and a review of court documents. “The agency as a whole has failed to assist MDC Brooklyn with the staffing crisis, hence allowing MDC Brooklyn to fail,” the union head, Rhonda Barnwell, wrote in a memo to Bureau of Prisons officials in June 2023. "That is why, earlier this year, the director appointed an Urgent Action Team to take a holistic look at the challenges at MDC Brooklyn," the spokesman added. A statute in the federal court system requires defendants who are out on bail to be remanded to jail after they are convicted.

Persons: Sean, Diddy, Combs, Gary Brown, Sam Bankman, Kelly, Ghislaine Maxwell, “, Xavier Donaldson, ”, Jeffrey Epstein’s, Rhonda Barnwell, Luis Rivas, Uriel Whyte, Edwin Cordero, Mr, Cordero, Andrew Dalack, Terrence Wise, wasn’t, LaShann DeArcy, Jonathan Goulbourne, Jesse Furman, Furman, Judge Brown, Brown, Daniel Collucci, Richard Kestenbaum Organizations: Metropolitan Detention, MDC, District, Justice Department, Metropolitan Correctional Center, Brooklyn, MDC Brooklyn, of Prisons, NBC News, . Justice, Urgent, New York Daily News Locations: New York City, Brooklyn, U.S, New York, Queens , New York, “

☆ Mary Robin Walter: Kansas cold case ends 44 years later as man is sentenced for killing his former neighbor in 1980
▼ + stars: | 2024-09-15 | by ( Associated Press | ) edition.cnn.com time to read: +3 min

The Kansas Attorney General’s Office said in a statement Friday that it was Hanks’ admission in new interviews that allowed authorities to charge him in 2022, when he was living in Burden, Kansas. The sheriff said they believe it is the oldest cold case in Kansas to be solved and result in a conviction. In his interviews, Hanks admitted to killing Walter, the attorney general’s office said. The statements from the sheriff and attorney general’s office, and online court records, don’t say whether Hanks ever revealed his motive for killing Walter. Officials with the attorney general’s office and Hanks’ attorney did not immediately respond to requests for comment from The Associated Press on Saturday.

Persons: Mary Robin Walter, Brian Bellendir, Steven L, Hanks, Steve Johnson, ” Bellendir, “, ” Walter, Detective Adam Hales, David Paden, Walter, Jessica Domme, ” Domme, Bellendir Organizations: Bend , Kansas AP, The, The Kansas Attorney General’s, Police, Wichita Eagle, Kansas Department of Corrections, Associated Press Locations: Bend , Kansas, Kansas, Great Bend, Barton County, The Kansas, Burden , Kansas

COLUMBIA, S.C. — The South Carolina Supreme Court on Thursday refused to stop the execution of Freddie Owens who is set to die by lethal injection next week in the state’s first execution in 13 years. South Carolina Department of CorrectionsThe decision keeps on track the planned execution of Owens on Sept. 20 at the Broad River Correctional Institution in Columbia. The state didn’t set out to pause executions, but its supply of lethal injection drugs expired and companies refused to sell the state more if the transaction was made public. Henry McMaster alone has the power to reduce Owens’ sentence to life in prison. Not even the state of South Carolina.

Persons: Freddie Owens, Owens, Freddie Eugene Owens, Irene Graves, Steven Golden, Graves, couldn’t, Golden, “, ”, Henry McMaster, McMaster, hasn’t, ” McMaster, Hillary Taylor, ” Taylor, David Kennedy Organizations: COLUMBIA, South Carolina Supreme, Freddie Eugene Owens . South Carolina Department of Corrections, Correctional Institution, Prosecutors, South, NAACP Locations: Freddie Eugene Owens ., Columbia, Greenville, South Carolina, U.S, Laurens County

“Let’s have a good debate,” Harris said. The debate amounted to a missed opportunity for many Trump allies, who hoped that a solid performance would turn the page on Harris' "honeymoon" period. “She failed to meet the moment, with President Trump effectively reflecting the economic anxieties off Americans.”“Kamala’s joy doesn’t pay the grocery bills,” he added. “It is important that transgender individuals who rely on the state for care receive the treatment they need, which includes access to treatment associated with gender transition,” Harris wrote. In an early morning call-in to "Fox and Friends," Trump once again defended his debate performance and predicted Swift would regret her endorsement.

Persons: Kamala Harris, Harris, Donald Trump, strolled, “, ” Harris, ” Trump, Trump, Joe Biden, “ Kamala, ”, Matt Gaetz, Gavin Newsom, Sen, JD Vance, ” Elon Musk, Laura Ingraham, Harris “, Christopher Rufo, “ Harris, David Muir, Linsey Davis, “ I’m, Ed McMullen, Trump’s, Roe, Wade, ” McMullen, …, ’ Sean Hannity, ” Omeed Malik, Taylor Swift, ” Swift, Swift Organizations: Trump, Senate, “, Republican, MSNBC, PAC, Fox News, NBC News, ABC, Democratic, CNN, American Civil Liberties, California Department of Corrections, Rehabilitation, ” Fox, Wall Street, Fox Locations: Philadelphia, Florida, what’s, California, Ohio, South Carolina, Switzerland

The wife of a California inmate will receive $5.6 million after being sexually violated during a strip search when she tried to visit her husband in prison, her attorneys said Monday. Of the $5.6 million settlement, the California Department of Corrections and Rehabilitation will pay $3.6 million and the rest will be paid by the other defendants, which include two correctional officers, a doctor, and the Adventist Health Tehachapi Valley hospital. Despite no contraband being found in any of her belongings or her body, Cardenas was denied her visit with her husband. California prisons have faced an ongoing problem of sexual abuse and misconduct, with the the U.S. Justice Department announcing it had opened an investigation into allegations that correctional officers systematically sexually abused incarcerated women at two state-run California prisons. Earlier this year the federal Bureau of Prisons announced it will close a women’s prison in Northern California known as the “rape club” after an Associated Press investigation exposed rampant sexual abuse by correctional officers.

Persons: Christina Cardenas, ” Cardenas, Cardenas, Christina, It’s, “, Gloria Allred, Allred Organizations: California Department of Corrections, Rehabilitation, Adventist Health, U.S . Justice Department, of Prisons, Associated Press Locations: California, Tehachapi, Calif, Adventist Health Tehachapi, Cardenas, Northern California

☆ Chess games and a new job: How Alex Murdaugh is spending life behind bars
▼ + stars: | 2024-08-23 | by ( Pilar Melendez | Pilar Melendez Is An Editor On The Nbc News Platforms Team. | ) www.nbcnews.com time to read: +6 min

Disgraced former South Carolina lawyer Alex Murdaugh scored a big legal win last week after the South Carolina Supreme Court agreed to hear his appeal for a new murder trial. Murdaugh’s lawyer, however, is not worried and is focused on their appellant cases. Last week, the state Supreme Court agreed to hear Murdaugh’s state appeal for a new murder trial based on allegations that a court clerk tampered with the jury that convicted him. Former state Supreme Court Chief Justice Jean Toal’s decision came after an evidentiary hearing into whether Hill’s comments during the trial influenced the jury. “We are really looking forward to making our case to the Supreme Court,” Griffin said.

Persons: Alex Murdaugh, Murdaugh, Jim Griffin, “ Alex, ”, ” Griffin, Maggie, Paul, Aimee Zmroczek, Curtis Eddie Smith, Zmroczek, ” Zmroczek, Chrysti Shain, “, Murdaugh’s, ” Shain, Eric Bland, doesn’t condon, ” Bland, Colleton, Becky Hill, Jean Toal’s, Toal, Hill Organizations: South, South Carolina Supreme, NBC, Murdaugh’s, NBC News, South Carolina Department of Corrections, Department of Corrections, “ Locations: South Carolina, Murdaugh’s “, Colleton County

Organizations: New York Times

☆ FDA rejection of MDMA-assisted therapy rattles advocates but doesn’t spell end of psychedelics in medicine, experts say
▼ + stars: | 2024-08-13 | by ( Deidre Mcphillips | Carma Hassan | ) edition.cnn.com time to read: +11 min

The initial application from Lykos presented positive data from two late-stage clinical trials that used MDMA in combination with talk therapy to treat PTSD. The advisers said it was also difficult to parse how much the accompanying talk therapy — an area that the FDA does not regulate — contributed to outcomes. Advocates for the treatment, including some veterans groups, said they were “incredibly disappointed” by the FDA decision. Dozens of clinical trials involving psychedelics are in various stages, and additional scrutiny can help strengthen the findings and build confidence. Psychopharmacology did not allow the study authors to publish a correction with data that excluded findings from one study site, said Allison Feduccia, an author in all three retracted studies.

Persons: Lykos, —, ” Martin Steele, Brett Waters, ”, Rachel Yehuda, “, ‘, Michael Bogenschutz, Yehuda, It’s, Lori Bruce, Psychopharmacology, caressed, “ it’s, Amy Emerson, ” Lykos, Allison Feduccia, Dr, Sanjay Gupta, Brian Barnett, ” Bruce, Nadia Kounang Organizations: CNN, Food and Drug Administration, Lykos Therapeutics, FDA, Veteran Mental Health Leadership Coalition, Hope, Center, Psychedelic Psychotherapy, Mount, Icahn, of Medicine, NYU Langone Center, Psychedelic Medicine, Oxford, NUS, Neuroethics, Interdisciplinary Center, Bioethics, Yale University, ”, Multidisciplinary Association for Psychedelic Studies, Health Canada, Institutional, Board, CNN Health, Cleveland Clinic Locations: Canada, “

☆ Japan to benefit from a stronger yen and unwinding of carry trade, Monex Group's Koll says
▼ + stars: | 2024-08-13 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

In this article 8301.T-JP Follow your favorite stocks CREATE FREE ACCOUNTwatch nowCorrections in the yen and the unwinding of the carry trade are positive developments for Japan, said Jesper Koll, a veteran investor who remains bullish on the Japanese market. The yen carry trade began unwinding last week, as interest rate hikes by the Bank of Japan strengthened the yen, and led to a sharp sell-off in markets globally. Stock Chart Icon Stock chart icon U.S. dollar/Japanese yen"It is correct to put a price on money. According to Koll, it's possible that as much as 75% of the yen carry trade could have been unwound, though the total size of the carry trade has not been reliably ascertained. Stock Chart Icon Stock chart icon Nikkei 225

Persons: Jesper Koll, …, CNBC's, unwinding, it's, Koll, Claude Trichet Organizations: Monex, Bank of Japan, Nikkei, European Central Bank Jean, CNBC, U.S ., Bank of Locations: Japan, U.S

☆ Wealthy investors find opportunities in stock market sell-offs
▼ + stars: | 2024-08-09 | by ( Robert Frank | ) www.nbcnews.com time to read: +7 min

Wealthy investors and family offices shied away from stocks leading up to market swings this week, but many saw the drop in prices as an opportunity for tax savings and estate planning, according to wealth advisors. When stocks tumbled Monday, with the S&P 500 and Nasdaq down 3%, wealthy investors neither panicked nor jumped in to buy, according to several advisors. The drop in prices last Friday and Monday also offered a chance for wealthy investors to take advantage of tax benefits and gift strategies. With the gift and estate exemption amount scheduled to expire at the end of next year, many wealthy investors are working to give away the maximum before the expiration. “Most family offices are so invested in alternatives, hedge funds, PE and real estate, that they aren’t moving their investments around anyway,” said Geoffrey von Kuhn, an advisor to several of the nation’s largest family offices.

Persons: ‘, ’ ”, Sean Apgar, ” Apgar, BBR, —, William Sinclair, ” Sinclair, ”, Jennifer Povlitz, Geoffrey von Kuhn, Richard Weintraub, ” Weintraub, Buffett, Michael Pelzar, ” Pelzar, “, Jimmy Chang Organizations: UBS, Deloitte, Nasdaq, BBR Partners, Morgan Private Bank, Big Tech, “, UBS Wealth Management, Americas, Citi Private Bank, Bank of America Private Bank, ” Advisors, Rockefeller Global Family Locations: U.S, J.P

☆ The hedge fund trade unwind that jolted Wall Street this week may continue to agitate markets
▼ + stars: | 2024-08-09 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

The recent unwinding of the yen "carry trade" could remain a long-term headwind amid already turbulent markets. JPY= YTD mountain The Japanese yen's appreciation against the U.S. dollar marked the unwinding of the so-called carry trade. "There's still quite a significant yen short position out there," Osborne said. He estimates that there is still a roughly $15 billion yen short position through July 30, still to be covered. In other words, that short position could drive more strength in the yen as that position is covered.

Persons: —, Shaun Osborne, Osborne, Everyone's, Rob Ginsberg, Ginsberg, FedWatch, Ben Emons Organizations: Bank of, U.S, Scotiabank, U.S . Federal Reserve, Bloomberg, Wolfe Research, Swiss Locations: Bank of Japan, Japan

☆ Big tech stocks got clobbered on Monday — What investors are looking for before they buy more
▼ + stars: | 2024-08-06 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

A sharp sell-off in 2024's winning tech giants has left investors wondering whether it's safe to scoop up the pummeled shares. At one point during Monday's rout, the "Magnificent Seven" stocks combined had lost nearly $1 trillion in value , later recovering some of the losses. To be sure, some investors on Wall Street are pumping the brakes after Monday's sell-off, cautioning others to hold off on buying the dip just yet. Many investors viewed the sell-off as a necessary pullback in what's been a seemingly endless uptrend in the market. Like many investors, he also views Monday's pullback as a small blip in the AI trade's record run.

Persons: That's, Jamie Meyers, Management's Paul Meeks, CNBC's, Tengler's Meyers, Kayne Anderson, Julie Biel, Adam Sarhan, Jay Woods Organizations: Federal Reserve, Investments, Wall, Broadcom, Microsoft, Tesla, CNBC, Nasdaq, Nvidia, Freedom Capital Locations: U.S

☆ Who is Gwen Walz, the wife of Harris’ new running mate?
▼ + stars: | 2024-08-06 | by ( Piper Hudspeth Blackburn | ) edition.cnn.com time to read: +2 min

Tim Walz, chosen on Tuesday to be Vice President Kamala Harris’ running mate, was a longtime educator – just like his wife. Gwen Walz has taught in public, alternative and migrant schools, as well as prisons. She also served as an administrator and coordinator at Mankato Area Public Schools, a school district in the congressional district her husband represented from 2007 to 2019. Walz first met her husband in western Nebraska, where she began her career teaching English, according to her official biography. Walz was educated at Gustavus Adolphus College and Minnesota State University.

Persons: Tim Walz, Kamala Harris ’, –, Gwen Walz, Gwen, ”, Walz, Gus, Tim, ” Walz, CNN’s Kaanita Iyer Organizations: CNN, Minnesota Gov, Area Public Schools, Minnesota Public, Inc, Montana State University, Twin Cities PBS, Gustavus Adolphus College and Minnesota State University Locations: Minnesota, Nebraska, China, Glencoe , Minnesota

☆ Why a full-fledged bear market is still unlikely even after the latest sharp sell-off
▼ + stars: | 2024-08-06 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Bank of America says the recent stock market sell-off is unlikely to be the start of a new bear market. AdvertisementThe stock market's recent sharp sell-off is unlikely to transform into a full-fledged bear market, according to Bank of America. But according to Bank of America strategist Savita Subramanian, the tell-tale signs of a stock market peak have yet to materialize. AdvertisementFor perspective, Subramanian pointed to stock market history to highlight that pullbacks in the market are common. Instead of preparing for a prolonged market sell-off, Subramanian recommends investors go bargain hunting and focus on buying high quality stocks.

Persons: BofA, —, Savita Subramanian, Subramanian Organizations: of America, Credit, Service, Bank of America, Nasdaq, Conference, Senior

☆ The S&P 500 falling 5% has historically been a good buy-the-dip opportunity, Goldman says
▼ + stars: | 2024-08-06 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Goldman Sachs said the decline in the S&P 500 is historically a good buying opportunity for investors. AdvertisementThe S&P 500's 6% decline over the past three days represents a great buying opportunity for investors, according to a note from Goldman Sachs strategist David Kostin. However, despite the decline, the S&P 500 is still up nearly 10% year-to-date and the sell-off sparked a reset in valuations, with the index's forward price-to-earnings multiple falling to 20x. Advertisement"Historical experience shows that investors typically profit when buying the S&P 500 index following a 5% sell-off," Kostin said. The crux of whether a 10% correction in the S&P 500 represents a solid buying opportunity for investors is whether the economy is on the verge of a recession.

Persons: Goldman Sachs, —, David Kostin, Warren Buffett, Kostin, Goldman Organizations: Apple, Service

☆ A bullish options trade on a tech recovery after the latest sell-off
▼ + stars: | 2024-08-06 | by ( Nishant Pant | ) www.cnbc.com time to read: +4 min

We saw another EMA crossover in May, signaling the end of the pullback and the start of a new bull run. July 2023 : Although the majority of the current correction unfolded in August, the EMA crossover signal had already appeared in July. For example, in May 2023, waiting for the EMA crossover would have meant missing out on 4.6% of the move. The trade setup: QQQ bull call spread To take a bullish trade on QQQ, I will be using a trade structure called a "bull call spread." For example, if QQQ is trading at $440 at the time of the EMA crossover, one could consider buying a 440-441 call spread.

Persons: bullish, Nishant Pant Organizations: Nasdaq, Corrections, Trust, EMA, ITM, CNBC, NBC UNIVERSAL Locations: QQQ

☆ The S&P 500 is down 7.5%—but if you're worried about it, 'you shouldn't own stocks,' says Warren Buffett
▼ + stars: | 2024-08-05 | by ( Ryan Ermey | ) www.cnbc.com time to read: +1 min

U.S. stocks fell sharply Monday as part of a global selloff fueled by mounting recession fears among investors. Further roiling global markets is unusual currency trading out of Japan. The S&P 500 — a measure of the broad U.S. stock market — was down about 2% in early trading, putting it 7.5% below the index's all-time high close on July 16. In fact, you'd be wise to ignore short-term ups and downs in the stock market altogether — at least according to Buffett. "If you're worried about corrections, you shouldn't own stocks," Buffett said in a 2015 interview with The Street.

Persons: Warren Buffett, Berkshire Hathaway, you'd, Buffett Organizations: Federal Reserve, Berkshire, Apple, Treasury Locations: Japan, Omaha

☆ Prepare for a new high-volatility market regime
▼ + stars: | 2024-08-05 | by ( Katie Stockton | ) www.cnbc.com time to read: +8 min

A spike in the VIX of this magnitude has not occurred since 2020, when the COVID-19 related decline in the S & P 500 was maturing. We believe another high-volatility regime is upon us, with the prolonged low-volatility regime that preceded it coming to an abrupt halt. If our long-term trend following measures were to deteriorate behind the S & P 500, we would be more inclined to reduce exposure. A rebound in the S & P 500 (i.e., a VIX pullback) can be used to hedge partial exposure from a top-down perspective. Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only.

Persons: It's, Katie Stockton Organizations: CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities

Inside the sole unit without air conditioning at Mississippi’s largest prison, inmates hang wet sheets from their cell ceilings to dampen the air and lay drenched towels strategically across their bodies. It remained unclear how severe the temperatures inside Unit 29 have been this summer. “But if they need to have air conditioning, they ought to have air conditioning. Lawmakers in Texas and other states without universal air conditioning have balked at the cost of installing it. At Parchman, inmates said heat is but one factor that leaves them feeling forgotten.

Persons: “, Parchman, Jay, Yo Gotti, ”, Burl Cain, MDOC, Roc, Jordan Siev, Reed Smith, Marcy Croft, Department’s, Tate Reeves, Otis Anthony, Cain, ” Anthony, Brown, Nicole Montagno, ” Montagno Organizations: Mississippi, Penitentiary, U.S . Justice Department, Justice Department’s Civil Rights Division, Justice Department, of Corrections, Mississippi Department of Corrections, Justice, Mississippi Today, NBC News, Mississippi State, MJ, Republican Gov, Democratic, State Rep, Democrat, Initiative, Harvard, Lawmakers Locations: Parchman, Mississippi, New York, South, Texas, Boston, U.S

Federal court records show that Joshua Conner Jones entered into a plea agreement with prosecutors regarding the treatment of two inmates at the Walker County jail. Jones agreed to plead guilty to one count of conspiracy to deprive an inmate of their rights related to the 2023 death of Tony Mitchell. The plea agreement indicated there were five co-conspirators in the mistreatment that led to Mitchell’s death, an indication that the investigation is ongoing and more people could be charged in the death. Court documents did not name the inmate who died, but Bower confirmed the charge was related to Mitchell’s 2023 death. Prosecutors wrote in the plea agreement that Jones admitted that “collectively we did it.

Persons: Joshua Conner Jones, Jones, Tony Mitchell, W Scott Brower, Bower, Mitchell, Mitchell “, Prosecutors, “, ” Jon C, Goldfarb, ” Mitchell, Jan, ” Organizations: U.S, Prosecutors Locations: MONTGOMERY, Ala, —, Alabama, Walker

☆ Man accused of decapitating father and posting video of his head is competent to stand trial, judge rules
▼ + stars: | 2024-08-02 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +4 min

DOYLESTOWN, Pa. — The man accused of beheading his father in their suburban Philadelphia home early this year and posting a video of the severed head online is competent to stand trial, a judge ruled Thursday. Corr also granted Mohn’s wish to dismiss his public defender and appoint a different attorney to handle the case. Justin Mohn, 33, of Middletown, Pa., in a video posted to YouTube in which he is also seen holding a decapitated head. “It’s all delusional,” Markey said. According to prosecutors, Mohn fatally shot his father with a pistol and then used a kitchen knife and machete to decapitate Michael Mohn at the Levittown house where they both lived.

Persons: Judge Stephen Corr, Justin Mohn, ”, Corr, Mohn’s, he’d, Mohn, Kelly Chamberlain, Chamberlain, John Markey, King David, Markey, Vladimir Putin, “, ” Markey, didn’t, Ralph Taylor, Michael Mohn, Biden Organizations: National Guard, Levittown, YouTube, WCAU, Prosecutors Locations: DOYLESTOWN, Pa, Philadelphia, Middletown, United States, Russia, Levittown, Ukraine

☆ Perspective: There's typically one correction every year — and this could be it
▼ + stars: | 2024-08-02 | by ( John Melloy | ) www.cnbc.com time to read: +2 min

The S & P 500 is down about 6% from its all-time high following Friday's losses, making this the second decline of greater than 5% this year. Bank of America also found that, in the last century, the stock market experienced on average one 10% correction a year. So, if the S & P 500 follows the Nasdaq Composite into correction territory, that too would be just normal market activity for any given year. .SPX YTD mountain S & P 500, YTD History shows that this market behavior doesn't change much in election years. To be sure, this has been a unique cycle in that the stock market rallied during Federal Reserve rate hikes.

Persons: Piper Sandler, Piper, Adam Turnquist, there's, we're, — CNBC's Pia Singh Organizations: Bank of America, Nasdaq, Corrections

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