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Texas woman awarded $1.2 billion in revenge porn case

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A Texas jury has delivered a groundbreaking verdict in favor of a woman, awarding her an unprecedented $1.2 billion in a revenge porn case.

Identified only as DL in court documents, the woman filed a harassment lawsuit against her former boyfriend in 2022. She alleged that he engaged in revenge porn, sharing intimate photos of her online as a means of public humiliation following their breakup.

The legal victory is being hailed as a significant triumph for victims of “image-based sexual abuse,” according to attorneys involved in the case. Lead trial lawyer Bradford Gilde noted that while it’s unlikely the full judgment will be recovered, the compensatory verdict holds immense value in restoring DL’s reputation.

Original damages case

Originally seeking $100 million in damages, the legal team expressed hope that the substantial verdict would serve as a strong deterrent, discouraging others from participating in such reprehensible behavior.

Court documents reveal that DL and her ex-boyfriend began their relationship in 2016. During their time together, she had shared personal photos with him. After their breakup in 2021, he allegedly posted these private images on social media and adult websites without her consent.

Furthermore, he distributed links to the images through a publicly accessible Dropbox folder, sending them to her friends and family. The former partner was also accused of unauthorized access to DL’s phone, social media accounts, email, and even the camera system in her mother’s residence, which he exploited to surveil her.

The accused

The accused did not appear in court and was unrepresented by an attorney, as reported by US media. In response to the lawsuit, he was ordered to pay $200 million for past and future mental anguish, along with $1 billion in exemplary damages.

Notably, substantial settlements have been achieved in prior US revenge porn cases. In 2018, a California woman received a $6.8 million award after her former partner shared explicit photos of her on pornographic websites.

DL’s case underscores the complexities and emotional toll of revenge porn incidents. With limited recourse from local law enforcement, she turned to civil litigation. In 2016, approximately 10 million Americans reported being victims of non-consensual or revenge porn, with a significant number of them being women aged 18 to 29, according to a study by the Data & Society Research Institute.

 

Money

Markets in 2026: Fed rates, gold surge, oil tensions & AUD strength

As 2026 begins, markets face economic shifts; gold and silver soar, while energy and currencies impact global investors.

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As 2026 begins, markets face economic shifts; gold and silver soar, while energy and currencies impact global investors.


As 2026 begins, global markets face a mix of economic shifts and geopolitical tensions shaping currencies, commodities, and interest rates. The Federal Reserve’s next moves are under the microscope, and Zoran Kresovic from Blueberry Markets says understanding these changes is key for investors navigating the year ahead.

Gold and silver are hitting all-time highs, driven by market volatility and economic uncertainty. Kresovic notes that both metals are likely to continue climbing, remaining essential safe-haven assets amid inflation concerns.

Energy markets are also volatile, with crude oil prices rising amid geopolitical tensions. Meanwhile, the Australian dollar is showing strength against the U.S. dollar. Kresovic highlights that these trends in energy and currency markets can ripple across the global economy, making them critical for investors to watch.

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#MarketUpdate #FedRates2026 #GoldPrices #SilverSurge #CrudeOil #AUDUSD #InvestingInsights #TickerNews


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Stocks hit record high as Powell faces investigation and Trump proposes credit cap

S&P 500 hits all-time high amid Fed scrutiny; Trump’s credit card cap proposal raises investor concerns over bank profits.

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S&P 500 hits all-time high amid Fed scrutiny; Trump’s credit card cap proposal raises investor concerns over bank profits.


The S&P 500 reached a new all-time high, with the Nasdaq climbing 0.5% while the Dow Jones held steady. This comes amid news of a criminal investigation into Federal Reserve Chair Jerome Powell. Despite the scrutiny, analysts believe short-term interest rates and inflation are unlikely to be impacted.

Meanwhile, Trump’s proposal to cap credit card rates at 10% for a year sparked concern among investors about potential effects on lending and bank profitability. Major bank stocks reacted sharply, with Citigroup down 3% and Capital One falling 6%.

In commodities, gold futures rose 2%, reflecting fears that political pressure on the Fed could challenge its ability to manage inflation effectively.

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#StockMarket #SP500 #Nasdaq #FederalReserve #JeromePowell #TrumpNews #BankStocks #GoldFutures


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Big banks, inflation, and earnings: What to watch this week

Major banks and corporations report earnings this week, influencing market outlook and economic indicators ahead of 2026.

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Major banks and corporations report earnings this week, influencing market outlook and economic indicators ahead of 2026.


This week is packed with financial news as major banks and corporations release their earnings. JPMorgan, Wells Fargo, and Goldman Sachs will reveal their year-end results, offering insight into the health of the banking sector. CEO Jamie Dimon of JPMorgan has already highlighted uncertainty in the U.S. economy, making investors watch closely.

In addition to banking, Delta Air Lines and Taiwan Semiconductor will report, shedding light on consumer spending and tech industry trends. These corporate updates will help investors gauge the broader market performance heading into 2026.

All eyes are also on December’s inflation figures, alongside retail sales and new home sales data. These reports will be key indicators for the U.S. economy, impacting stocks, interest rates, and market sentiment.

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#EarningsSeason
#InflationWatch
#StockMarket
#BigBanks
#TechStocks
#CorporateEarnings
#InvestingNews
#EconomicData


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