Business

(NEW YORK) — OpenAI released the latest version of ChatGPT, the artificial intelligence language model making significant waves in the tech industry, on Tuesday. GPT-4, the latest model, can understand images as input, meaning it can look at a photo and give the user general information about the image. The language model also has a […]

(NEW YORK) — The closures of two of the nation’s largest banks over the past week have put many consumers on edge. Silicon Valley Bank, the nation’s 16th largest bank, struggled as the sharp rise in interest rates led to a decline in the value of the bank’s Treasuries and mortgage bonds. When the bank’s […]

Carol Yepes/Getty Images (NEW YORK) — The job market is booming despite high-profile layoffs at companies like Amazon, Microsoft, Twitter and Goldman Sachs. The economy added a staggering 517,000 jobs in January, more than double the employment growth a month prior and well above the breakneck pace of some 400,000 monthly jobs added on average […]

PepsiCo (NEW YORK) — Sierra Mist has officially fizzled out at PepsiCo, and the brand has replaced it with a new lemon-lime flavored soda, Starry. The “crisp, clear, refreshing” new caffeine-free soda was made “for a generation of irreverent optimists,” the company said in its announcement on Wednesday. With the tagline “Starry Hits Different,” the […]

Mattel, Barbie (NEW YORK) — There’s a brand new doll that’s going to leave a lot of preschoolers jumping for joy. Mattel has debuted one of its newest products, My First Barbie, specifically designed for preschool-aged children. The latest doll features the same look and feel as traditional Barbie dolls, but has been updated with […]

(WASHINGTON) — The U.S. Department of Justice announced a $31 million settlement with City National Bank over allegations that the Los Angeles-based bank engaged in “redlining” – a pattern of lending discrimination – in Los Angeles County. The settlement, which according to the DOJ is the largest redlining settlement in the department’s history, will benefit […]

(NEW YORK) — Former President Donald Trump’s namesake family real estate firm was sentenced to the maximum allowable fine Friday in New York following its conviction on 17 counts, include a 13-year scheme to defraud. The company will pay a fine of just over $1.6 million. While a prosecutor, Manhattan Assistant District Attorney Joshua Steinglass, […]

(NEW YORK) — Former President Donald Trump’s namesake family real estate firm will be sentenced Friday in New York following its conviction on 17 counts, include a 13-year scheme to defraud. The company faces a sentence that potentially includes a $1.7 million fine. The verdict, delivered Dec. 6, held the Trump Organization liable for the […]

(NEW YORK) — Fans of three-egg omelets and bacon-egg-and-cheese sandwiches have more to worry about than just high cholesterol. The wholesale price of a dozen eggs has more than quadrupled year over year, and some experts warn the prices are unlikely to decrease anytime soon. Egg prices peaked during the holiday season, hurting smaller grocery […]

(NEW YORK) — Stuck in house arrest and awaiting trial, disgraced crypto executive Sam Bankman-Fried spoke out on Thursday with the most extensive remarks since his arrest a month ago. The fallen former CEO of FTX issued a 2,300-word rebuke of fraud and conspiracy charges, replete with charts and graphs. He said that he didn’t […]