Author name: Freida Warren

Freida Warren is a writer and news editor specializing in politics, health, business, parenting, and finance. She has been published in several local newspapers and magazines in the past five years. Her hobbies include reading, writing, and watching movies

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New Yorkers immediately protest new AI-based weapons detectors on subways

New York City is turning to AI-powered scanners in a new bid to keep guns out of its subway system, but the pilot program launched Friday is already being met with skepticism from riders and the threat of a lawsuit from civil liberties advocates who say the searches are unconstitutional. The Evolv scanner — a sleek-looking weapons […]

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General Motors, Honda, and Hyundai are accused of inappropriately selling customer data

Two U.S. senators are calling on the Federal Trade Commission to investigate automakers selling customers’ driving data to brokers who package it and then sell it to insurance companies. In a letter to FTC Chairwoman Linda Khan, Democrats Ron Wyden of Oregon, and Edward Markey of Massachusetts allege that General Motors, Hyundai, Honda and perhaps others

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Ackman’s Pershing Square delays hotly-anticipated IPO, according to NYSE

 A highly-anticipated initial public offering for billionaire hedge fund manager Bill Ackman’s U.S. closed-end fund is postponed, according to an update on the New York Stock Exchange website. Pershing Square USA Ltd. had already scaled back the size of its planned first-time share sale from a target of about $25 billion to between $2.5 billion and

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American viewers are over the Olympics—unless Simone Biles is involved

On the heels of low ratings for the coronavirus pandemic-marred Tokyo and Beijing Olympics, Paris may not do much better among U.S. viewers, a poll from Gallup released Thursday found. Simone Biles and women’s gymnastics are poised to be a bright spot, with those surveyed selecting it as their most anticipated sport. But according to the poll, 30% of respondents said they

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JPMorgan’s new AI chatbot could make the bank operate like the intelligence community, startup CEO says

Banking analysts and equity researchers could soon find their jobs thoroughly reshaped by AI, which could make working in finance look more like working at the CIA.  JPMorgan Chase, the world’s largest bank by market cap, began rolling out to employees its own internal chatbot, known as LLM Suite, per a report in the Financial

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‘Dr. Doom’ Nouriel Roubini accused the Treasury Dept. of ‘usurping’ the Fed—Janet Yellen is having none of it

US Treasury Secretary Janet Yellen firmly rejected an accusation from the economist Nouriel Roubini that her department has manipulated the issuance of Treasury securities in a way that lowers real borrowing costs across the economy. In an interview with Bloomberg News, Yellen said Roubini’s argument, laid out in a paper published Tuesday, “suggests a strategy that is

‘Dr. Doom’ Nouriel Roubini accused the Treasury Dept. of ‘usurping’ the Fed—Janet Yellen is having none of it Read More »

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Jersey City Announces Plans To Invest In Bitcoin ETFs

Jersey City has announced that its municipal pension plan will invest in Bitcoin (BTC) through spot Bitcoin ETFs, in what is being called a symbolic moment for the cryptocurrency industry as it considers wider adoption.  Jersey City’s announcement comes after a similar announcement by the state of Wisconsin, which purchased nearly $100 million worth of

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