New York Financial News

Center for Investigative Reporting said Thursday it has sued ChatGPT maker OpenAI and its closest business partner, Microsoft, marking a new front in the legal battle between news publications fighting against unauthorized use of their content on artificial intelligence platforms. The nonprofit, which produces Mother Jones and Reveal, said that OpenAI used its content without permission and without offering compensation, violating copyrights on the organization's journalism. The lawsuit, filed in a New York federal court, focuses on how AI-generated summaries of articles threaten publishers — a move CIR called exploitative. «It's immensely dangerous,» Monika Bauerlein, the nonprofit's CEO, told AP. «Our existence relies on users finding our work valuable and deciding to support it.»

Another news organization is suing ChatGPT maker OpenAI and its business partner Microsoft for alleged copyright infringement

Stocks are barely budging on Wall Street as markets wait for a key report on inflation

With graduation season over, many college grads are embarking on summer internships or their first full-time jobs

The Fourth of July is right around the corner, and the travel rush is already heating up

According to a UBS staff memo seen by Investment Week, the firm will consolidate all its global wealth management units into one department called GWM Solutions. The division will be led by Yves-Alain Sommerhalder, former managing director at Credit Suisse, and will begin operations on 1 July. Sommerhalder will be based in New York and Zurich and will report to Khan and Karofsky while being part of the GWM management team. UBS appoints head of UK wealth management GWM Solutions will include the global investment management, unified global markets, global lending unit and global fam...

presidential debate between the two presidential nominees will be held in Atlanta later today. Hours before the debate, former US President Donald Trump has already fired the first salvo. He said that his opponent would be “pumped up on drugs” to enhance his performance during the debate. While many have dismissed this as a political rhetoric, medical practitioners have said that it is a common practice among many people who consume these drugs before any big performance. The New York Post has listed down a few such drugs which are commonly consumed by political leaders, people in the entertainment industry and even Wall Street analysts before big events. Here are some common drugs that are consumed.

Bitcoin (BTC) has struggled to halt its losing streak, trading around the $60,750 level and reaching an intra-day low of $60,752. This recent decline in Bitcoin’s price can be attributed to several factors, including significant BTC transfers by the German government and ongoing regulatory challenges faced by major crypto exchanges.

investigation being conducted by India into the alleged plot to kill India-designated terrorist Gurpatwant Singh Pannun, US State Department spokesperson Matthew Miller said on Wednesday (local time). While addressing a press briefing, Miller noted that they have raised the issue with the Indian government and told them that the US expects full investigation into the matter. Asked about the US State Department's response after the members of the Senate Foreign Relations Committee wrote a letter to US Secretary of State Antony Blinken calling for a strong diplomatic response on the Indian government's involvement in the assassination attempt on Pannun, Miller responded, «So, we will respond to those members privately, as we always do. I won't speak to that here. But as pertains to the other issue, when this issue first arose, we made clear that we had raised it with the Government of India and told them that we expected there to be a full investigation. They have announced that they are conducting an inquiry, and we will look forward to the results of that inquiry.»

South Korean university students appear to be turning to cryptoassets such as Bitcoin (BTC), with 40% saying they invest in tokens as well as overseas stocks.

Ripple CEO Brad Garlinghouse criticized US Securities and Exchange Commission (SEC) Chair Gary Gensler’s views and actions regarding the crypto industry on June 25, suggesting they could adversely affect President Biden’s re-election bid in November.

Stocks that traded heavily or had substantial price changes on Wednesday: General Mills, Worthington fall; FedEx, Rivian rise

Two astronauts are spending extra time at the International Space Station as NASA and Boeing troubleshoot capsule problems that popped up on the way there

Amazon has joined the exclusive $2 trillion club after Wall Street investors pushed the value of the e-commerce giant’s stock past that threshold

Federal health officials are strengthening their endorsement of RSV vaccinations for people 75 and older

Google's headquarters in Mountain View, California, deviating from its usual New York venue. The event will commence at 10 AM PT (10:30 PM IST).

Staunch anti-crypto candidate Jamaal Bowman, a representative for New York’s 16th congressional district, lost his state’s primary election Tuesday night to Westchester County executive George Latimer amid growing political tensions over digital assets.

Tulsa King fans who were eager to see when the upcoming season will air on Paramount+. It has been revealed that the second season of Sylvester Stallone's show will premiere on September 15, 2024. To give fans a sneak peek at the upcoming show, the streaming platform also released a teaser, as reported by 'Collider'.

Stocks that traded heavily or had substantial price changes on Tuesday: Carnival, Enovix rise; Pool, SolarEdge fall

Bulgaria says it plans to file charges in absentia against Ruja Ignatova for one of the largest crypto fraud schemes in history and will take steps to seize her assets it said were illegally acquired

Stocks are off to a sluggish start on Wall Street as major indexes drift near the all-time highs they set last week